{"url_path":"/sec/zdpy/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1279620/0001213900-26-057730-index.html","accession_number":"0001213900-26-057730","cik":"0001279620","ticker":"ZDPY","issuer_name":"Zoned Properties, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1279620/0001213900-26-057730-index.html","primary_entity_key":"0001279620","primary_entity_name":"Zoned Properties, Inc."},"word_count":594,"has_tables":true,"body_markdown":"**UNITED STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**WASHINGTON, DC 20549**\n\n \n\n**FORM 10-Q**\n\n \n\n☒ Quarterly report pursuant to Section 13\nor 15(d) of the Securities Exchange Act of 1934\n\n \n\nFor the quarterly period ended March 31, 2026\n\n \n\n☐ Transition report pursuant to Section 13\nor 15(d) of the Securities Exchange Act of 1934\n\n \n\n**COMMISSION FILE NO. 000-51640**\n\n \n\n \n\n**ZONED PROPERTIES, INC.**\n\n \n\n(Exact name of registrant as specified in its charter)\n\n \n\n**Nevada**   **46-5198242**\n\n(State or other jurisdiction of\n\nincorporation or organization)   (I.R.S. Employer\n\nIdentification No.)\n\n     \n\n**8360 E. Raintree Drive. #230, Scottsdale, AZ**   **85260**\n\n(Address of principal executive offices)   (Zip Code)\n\n \n\n**(877) 360-8839**\n\n(Registrant’s telephone number, including area code)\n\n \n\nFormer name, former address and former fiscal year,\nif changed since last report: **Not applicable**.\n\n \n\nSecurities registered pursuant to Section 12(b)\nof the Act:\n\n \n\n**Title of each class**\n \n**Trading Symbol(s)**\n \n**Name of each exchange on which registered**\n\nN/A\n \nN/A\n \nN/A\n\n \n\nIndicate by check mark whether the registrant\n(1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months\n(or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements\nfor the past 90 days. ☒ Yes ☐ No\n\n \n\nIndicate by check mark whether the registrant\nhas submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405\nof this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). ☒\nYes ☐ No\n\n \n\nIndicate by check mark whether the registrant\nis a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company.\nSee the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company”\nand “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated filer ☐   Accelerated filer ☐\n\nNon-accelerated filer ☒   Smaller reporting company ☒\n\n      Emerging growth company ☐\n\n \n\nIf an emerging growth company, indicate by check\nmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting\nstandards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\nIndicate by check mark whether the registrant\nis a shell company (as defined in Rule 12b-2 of the Exchange Act). ☐ Yes ☒ No\n\n \n\nThe number of shares of common stock, par value\n$0.0001 per share, outstanding as of May 15, 2026 was: 13,180,829 (170,687 shares held in treasury).\n\n \n\n \n\n \n\n \n\n \n\n \n\n**ZONED PROPERTIES, INC.**\n\n**Form 10-Q**\n\n**March 31, 2026**\n\n \n\n**INDEX**\n\n \n\n \n \n**Page**\n\n[Part I. Financial Information](#a_001)\n \n1\n\n \n \n \n\n[Item 1. Financial Statements](#a_002)\n \n1\n\n \n \n \n\n[Consolidated Balance Sheets – March 31, 2026 (unaudited) and December 31, 2025](#a_003)\n \n1\n\n \n \n \n\n[Consolidated Statements of Operations – Three Months Ended March 31, 2026 and 2025 (unaudited)](#a_004)\n \n2\n\n \n \n \n\n[Consolidated Statements of Changes in Stockholders’ Equity – Three Months Ended March 31, 2026 and 2025 (unaudited)](#a_005)\n \n3\n\n \n \n \n\n[Consolidated Statements of Cash Flows – Three Months Ended March 31, 2026 and 2025 (unaudited)](#a_006)\n \n4\n\n \n \n \n\n[Notes to Unaudited Consolidated Financial Statements](#a_007)\n \n5\n\n \n \n \n\n[Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations](#a_008)\n \n45\n\n \n \n \n\n[Item 3. Quantitative and Qualitative Disclosures about Market Risk](#a_009)\n \n60\n\n \n \n \n\n[Item 4. Controls and Procedures](#a_010)\n \n60\n\n \n \n \n\n[Part II. Other Information](#a_011)\n \n61\n\n \n \n \n\n[Item 1. Legal Proceedings](#a_012)\n \n61\n\n \n \n \n\n[Item 1A. Risk Factors](#a_013)\n \n61\n\n \n \n \n\n[Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](#a_014)\n \n61\n\n \n \n \n\n[Item 3. Defaults Upon Senior Securities](#a_015)\n \n62\n\n \n \n \n\n[Item 4. Mine Safety Disclosures](#a_016)\n \n62\n\n \n \n \n\n[Item 5. Other Information](#a_017)\n \n62\n\n \n \n \n\n[Item 6. Exhibits](#a_018)\n \n63\n\n \n \n \n\n[Signatures](#a_019)\n \n64\n\n \n\ni\n\n \n\n \n\n**PART I. FINANCIAL INFORMATION**"}