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CleanCore Solutions, Inc.(ZONE) - 2025 Q2 - Quarterly Results
2025-02-14 13:44
[Form 8-K Filing](index=1&type=section&id=Form%208-K%20Filing) This document is a Form 8-K filing by CleanCore Solutions, Inc., detailing recent financial results and corporate information [Report Overview](index=1&type=section&id=Report%20Overview) This Form 8-K was filed by CleanCore Solutions, Inc. on February 14, 2025, an emerging growth company whose Class B Common Stock (ZONE) is traded on the NYSE American LLC - **Filing Company**: CleanCore Solutions, Inc.[2](index=2&type=chunk) - **Report Date (earliest event)**: February 14, 2025[2](index=2&type=chunk) - **Stock Listing**: Class B Common Stock, symbol ZONE, on NYSE American LLC[3](index=3&type=chunk) - The company is classified as an **Emerging Growth Company**[4](index=4&type=chunk) [Item 2.02 Results of Operations and Financial Condition](index=2&type=section&id=Item%202.02%20Results%20of%20Operations%20and%20Financial%20Condition) On February 14, 2025, the company issued a press release (furnished as Exhibit 99.1) announcing its financial results for the fiscal quarter ended December 31, 2024, with specific legal implications regarding liability under the Securities Exchange Act of 1934 - Financial results for the fiscal quarter ended **December 31, 2024**, were announced[5](index=5&type=chunk) - Results were disclosed in a press release, furnished as **Exhibit 99.1**[5](index=5&type=chunk) - Furnished information is not deemed "filed" under Section 18 of the Securities Exchange Act of 1934, limiting legal liability[6](index=6&type=chunk) [Item 9.01 Financial Statements and Exhibits](index=2&type=section&id=Item%209.01%20Financial%20Statements%20and%20Exhibits) This section lists the exhibits attached to the Form 8-K filing, primarily the press release containing financial results and the interactive data file Exhibits Filed | Exhibit No. | Description of Exhibit | | :--- | :--- | | 99.1 | Press Release issued on February 14, 2025 | | 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | [Signatures](index=3&type=section&id=Signatures) The report was officially signed and authorized by Clayton Adams, the Chief Executive Officer of CleanCore Solutions, Inc., on February 14, 2025 - The report was duly signed and authorized on behalf of CleanCore Solutions, Inc. on **February 14, 2025**[9](index=9&type=chunk)[10](index=10&type=chunk) - **Signatory**: Clayton Adams, Chief Executive Officer[11](index=11&type=chunk)
CleanCore Solutions, Inc. (ZONE) Reports Second Quarter FY 2025 Financial Results and Provides Business Update
Newsfilter· 2025-02-14 13:30
Core Insights - CleanCore Solutions, Inc. reported strong market adoption of its patented cleaning technology, particularly in the education and aviation sectors, indicating a shift towards cost-effective and sustainable cleaning alternatives [3] - The company has transitioned to a direct sales recurring revenue model, which has led to a temporary dip in revenue and increased expenses, but revenue for the six months ended December 31, 2024, grew by 6.5% [3] - CleanCore is gaining traction with major organizations, including an international hotel chain and fitness centers, highlighting its ability to serve diverse industries [3] - The recent EPA ban on two carcinogenic chemicals is expected to drive significant market demand for CleanCore's products, which comply with new regulations [3] Financial Performance - Revenue for the three months ended December 31, 2024, was approximately $257,000, slightly down from approximately $258,000 for the same period in 2023 [4] - General and administrative expenses increased to approximately $911,000 for the three months ended December 31, 2024, compared to approximately $320,000 for the same period in 2023, primarily due to higher professional fees and salaries [4] - The net loss for the three months ended December 31, 2024, was approximately $1.0 million, compared to approximately $345,000 for the same period in 2023 [4] Business Developments - CleanCore has commenced a worldwide rollout with a leading enterprise software company and expanded international partnerships with Fortune 500 clients [7] - The company is undertaking product reengineering initiatives to lower the cost of goods sold, ensuring long-term financial efficiency [7] - CleanCore's mission is to revolutionize cleaning practices through its patented aqueous ozone technology, aiming for a healthier and greener future [6]
CleanCore Solutions, Inc. (ZONE) Reports Second Quarter FY 2025 Financial Results and Provides Business Update 
Globenewswire· 2025-02-14 13:30
Core Insights - CleanCore Solutions, Inc. reported a revenue of approximately $257,000 for the three months ended December 31, 2024, showing a slight decrease from approximately $258,000 in the same period of 2023 [4] - The company experienced a significant increase in general and administrative expenses, rising to approximately $911,000 for the three months ended December 31, 2024, compared to approximately $320,000 for the same period in 2023 [4] - The net loss for the quarter was approximately $1.0 million, compared to a net loss of approximately $345,000 in the prior year [4] Business Highlights - CleanCore is witnessing strong market adoption, particularly in the education and aviation sectors, as organizations seek cost-effective alternatives to traditional cleaning products [3] - The company has transitioned to a direct sales recurring revenue model, which has led to higher sales costs and a temporary revenue dip, but revenue for the six months ended December 31, 2024, grew by 6.5% [3] - Major partnerships have been established with an international hotel chain, US-based fitness centers, Montessori schools in Minnesota, and a major New York airport, indicating the company's ability to serve diverse industries [3] Market Positioning - The recent EPA ban on two carcinogenic chemicals is expected to drive significant market demand for CleanCore's products, which comply with new regulations [3] - The company is well-positioned to assist businesses in transitioning to safer, chemical-free alternatives, aligning with the growing demand for sustainable solutions [3] - CleanCore is expanding its international partnerships with Fortune 500 clients and has commenced a worldwide rollout with a leading enterprise software company [7] Financial Strategy - The company is undertaking product reengineering initiatives to lower the cost of goods sold, ensuring long-term financial efficiency [7] - CleanCore aims to create sustainable and predictable revenue growth through its new sales model and increased market traction [3]
CleanCore Solutions, Inc. (ZONE) Launches Product Rollout at Major International New York Airport
GlobeNewswire News Room· 2025-01-29 13:30
Core Insights - CleanCore Solutions, Inc. has launched its patented cleaning technology at a major international airport in New York, aiming to replace harmful chemicals with safe and cost-effective alternatives [1][2][3] - The deployment focuses on high-traffic areas such as passenger terminals, restrooms, and transportation hubs, aligning with the airport's sustainability goals and rigorous maintenance needs [2][3] - The CEO of CleanCore highlighted that this rollout is expected to drive growth and generate significant monthly recurring revenue, showcasing the effectiveness of their eco-friendly solutions [3] Company Overview - CleanCore Solutions, Inc. is dedicated to transforming cleaning practices through its patented aqueous ozone technology, providing sustainable and cost-effective solutions that exceed traditional methods [4] - The company's mission emphasizes creating a healthier and greener future through innovation and commitment to excellence [4]
CleanCore Solutions, Inc. (ZONE) Appoints Travis Buchanan as President
Globenewswire· 2025-01-06 13:30
Omaha, NE, Jan. 06, 2025 (GLOBE NEWSWIRE) -- CleanCore Solutions, Inc. (NYSE American: ZONE) (“CleanCore” or the “Company”), developer of patented technology that works as a safe and low-cost replacement for traditional cleaning chemicals, today announced the appointment of Travis Buchanan as President of the Company. Travis Buchanan is an experienced executive with a strong background in acquisitions, scaling businesses, technology design and deployment, and manufacturing operations. Throughout his career, ...
CleanCore Solutions, Inc. (ZONE) Applauds EPA's Recent Ban of Two Cancer-Causing Chemicals
Newsfilter· 2024-12-18 13:30
Omaha, NE, Dec. 18, 2024 (GLOBE NEWSWIRE) -- CleanCore Solutions, Inc. (NYSE:ZONE) ("CleanCore" or the "Company"), developer of patented technology that works as a safe and low-cost replacement for traditional cleaning chemicals, commends the Environmental Protection Agency (EPA) for its decisive action to ban two known carcinogens used in a variety of consumer products and industrial settings. The ban targets trichloroethylene (TCE) and perchloroethylene (PCE, or perc), substances that have posed significa ...
CleanCore Solutions, Inc. (ZONE) Applauds EPA's Recent Ban of Two Cancer-Causing Chemicals
GlobeNewswire News Room· 2024-12-18 13:30
Omaha, NE, Dec. 18, 2024 (GLOBE NEWSWIRE) -- CleanCore Solutions, Inc. (NYSE American: ZONE) (“CleanCore” or the “Company”), developer of patented technology that works as a safe and low-cost replacement for traditional cleaning chemicals, commends the Environmental Protection Agency (EPA) for its decisive action to ban two known carcinogens used in a variety of consumer products and industrial settings. The ban targets trichloroethylene (TCE) and perchloroethylene (PCE, or perc), substances that have posed ...
PROSPECT RIDGE CONFIRMS LARGE MINERALIZED SYSTEM AT COPPER RIDGE ZONE OF KNAUSS CREEK PROPERTY IN BRITISH COLUMBIA, CANADA
Prnewswire· 2024-11-19 13:00
VANCOUVER, BC, Nov. 19, 2024 /PRNewswire/ - Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE: PRR) (OTC: PRRSF) (FRA: OED) is pleased to announce the results of its drilling campaign at the Copper Ridge Zone ("Copper Ridge") of its wholly-owned Knauss Creek property located approximately 35 kilometres (km) northeast of Terrace, British Columbia.Drill Program Highlights Figure 1: Map of the Copper Ridge system illustrating the location of all the drill holes and the interpreted zo ...
CleanCore Solutions, Inc.(ZONE) - 2025 Q1 - Quarterly Report
2024-11-13 13:50
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10−Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File Number: 001-42033 CleanCore Solutions, Inc. (Exact name of registrant as specified in its charter) | --- | ...
CleanCore Solutions, Inc.(ZONE) - 2025 Q1 - Quarterly Results
2024-11-13 13:42
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 13, 2024 | --- | --- | --- | |------------------------------------------------------------------|--------------------------------------------------------|---------------------------------------| | name of registrant as specified in its \n001-42033 | CLEANCORE SOLUTIONS, INC. \n(Exact c ...