Thu, May 8, 8:35 PM (10 days ago)
**Zion Oil & Gas, Inc. (ZNOG) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** No revenue reported. - **Net Loss:** $1.7 million, slightly improved from $1.8 million in Q1 2024. - **Operating Costs:** $1.7 million, down 4.2% from Q1 2024. - **Cash Flow:** Net cash used in operations was $2.5 million, with $6.0 million provided by financing activities, mainly from the Dividend Reinvestment and Stock Purchase Plan (DSPP). - **Cash Position:** $5.1 million in cash and cash equivalents, up from $2.3 million in Q4 2024. **Key Metrics:** - **Profit Margins:** Not applicable due to no revenue. - **Cash Flow:** Negative operational cash flow, offset by positive financing cash flow. - **Earnings Changes:** Slight improvement in net loss year-over-year. **Quarterly Performance & Trends:** - **Operational Challenges:** Continued exploration activities in Israel, facing geopolitical uncertainties and logistical hurdles. - **Capital Raising:** Successful in raising funds through DSPP, crucial for ongoing operations. - **Future Operations:** Plans to progress through well completion and testing in Q2 2025, subject to raising additional capital. **Uncertainties & Future Impact:** - **Geopolitical Risks:** Ongoing conflicts in Israel may impact operations and schedules. - **Financial Uncertainty:** Dependence on raising additional funds through equity or debt issuances. - **Operational Risks:** Delays and challenges in exploration activities due to regional conflicts and logistical issues. **Conclusion:** Zion Oil & Gas, Inc. continues to face significant financial and operational challenges, with a focus on raising capital to support exploration activities in Israel. The company's ability to continue as a going concern is dependent on its success in securing additional financing and navigating geopolitical uncertainties.