{"id":557189,"date":"2026-08-23T16:45:11","date_gmt":"2026-08-23T15:45:11","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=557189"},"modified":"2026-08-23T20:10:06","modified_gmt":"2026-08-23T19:10:06","slug":"how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/","title":{"rendered":"How a $20M crypto payout left a micro-cap firm with under $83K in usable cash reserves"},"content":{"rendered":"<p>ZK International said it received 205,512.5 AWA tokens on July 30 to settle a $20.02 million equity-financing receivable, but disclosed that the tokens remained unmonetized and their receipt-date fair value was unresolved. The update indicates that management\u2019s going-concern doubt persisted while the company depended on turning accounting assets into usable liquidity.<\/p>\n<p>On March 31, ZK International\u2019s continuing operations held $82,696 in cash and cash equivalents, equal to about 0.12% of $66.44 million in total assets. The company\u2019s continuing business was a pipeline-monitoring components resale operation; AI computing services were still planned, and the AWA balance arose from financing rather than operating revenue.<\/p>\n<p>Three balances accounted for $62.59 million, or 94.2%, of total assets: a $21.57 million prepayment for AI equipment, the $20.02 million digital-asset consideration receivable and a $21 million receivable from the disposal of eight subsidiaries. The company\u2019s <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1687451\/000118518526003674\/zkinex99-2.htm\">management discussion<\/a> described those prepayments and receivables as distinct from cash or other immediately available liquid resources.<\/p>\n<p><a href=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/exec-43ffeea8-3732-4463-92c2-b701b2fc5c92.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-557193\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/exec-43ffeea8-3732-4463-92c2-b701b2fc5c92.png\" alt=\"Infographic comparing ZK International\u2019s $66.44 million March 31 asset base with $82,696 of continuing-operations cash and three balances totaling $62.59 million.\" width=\"720\" height=\"902\" \/><\/a><\/p>\n<p>ZK International also reported a $17.02 million consolidated net loss for the six months through March and a $68.28 million accumulated deficit. Management concluded that substantial doubt about the company\u2019s ability to continue as a going concern remained, despite plans to grow the resale business, seek more financing and introduce AI computing services.<\/p>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/from-cleaning-products-and-dogecoin-to-an-800-million-ai-contract-inside-cleancores-high-risk-minnesota-venture\/\" class=\"cs-article-embed__link\">\n        <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">A cleaning company with just $4.1M in cash and a stash of Dogecoin just committed $500M to an AI mega-deal<\/h3>\n        <\/div>\n        <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\">\n            <i class=\"fa-light fa-arrow-up-right\"><\/i>\n        <\/span>\n    <\/a>\n<\/div>\n\n<h2>AWA receipt did not resolve the liquidity risk<\/h2>\n<p>The crypto receivable originated in a <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1687451\/000118518526000715\/zkin6k022726.htm\">February 27 private placement<\/a> for up to 40.04 million shares at $0.50 each. The agreement allowed payment in dollars or cryptocurrency at the company\u2019s discretion, and a <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1687451\/000118518526000956\/zkin6k031926.htm\">March closing filing<\/a> said the full 40.04 million shares had been issued.<\/p>\n<p>By March 31, the AWA tokens had not arrived. ZK International therefore recorded a contractual entitlement at the $20.02 million transaction price rather than crypto already in its possession, according to its <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1687451\/000118518526003674\/zkinex99-1.htm\">interim financial statements<\/a>.<\/p>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/us-bitcoin-treasury-company-just-sold-every-btc-as-debt-and-nasdaq-pressure-closed-in\/\" class=\"cs-article-embed__link\">\n        <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">A US Bitcoin treasury company sold every BTC because debt and Nasdaq pressure just closed in<\/h3>\n        <\/div>\n        <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\">\n            <i class=\"fa-light fa-arrow-up-right\"><\/i>\n        <\/span>\n    <\/a>\n<\/div>\n\n<p>The July 30 delivery settled that receivable, but the filing described AWA as a non-mainstream token that was not listed on any <a href=\"https:\/\/cryptoslate.com\/crypto-exchanges\/\">major crypto exchange<\/a> and said deposits and withdrawals were frequently suspended. The company had not sold, transferred or otherwise monetized any of the tokens when the statements were issued. It also said it could not yet determine whether the tokens\u2019 receipt-date fair value equaled, exceeded or fell below the $20.02 million carrying amount; any difference will be recognized in earnings when the assessment is finalized.<\/p>\n<p>The filing identified the buyers only as certain non-U.S. investors, while the filed form of the purchase agreement left its purchaser list blank. It did not provide broader token-market context beyond AWA\u2019s listing and transfer limitations.<\/p>\n<p>Management\u2019s liquidity plan depends on collecting or monetizing current assets, continued financing access and working-capital management over the next 12 months. The AWA delivery settled the contractual receivable but did not produce cash or resolve the valuation question. The $21 million disposal consideration also remained a receivable at March 31, while the AI-equipment prepayment was still outstanding when the report was issued.<\/p>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/bitcoin-miner-cleanspark-signed-a-6-6b-ai-lease-before-securing-the-2-1b-required-to-build-it\/\" class=\"cs-article-embed__link\">\n        <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">Bitcoin miner CleanSpark signed a $6.6B AI lease before securing the $2.1B required to build it<\/h3>\n        <\/div>\n        <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\">\n            <i class=\"fa-light fa-arrow-up-right\"><\/i>\n        <\/span>\n    <\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>The August 21 filing said 205,512.5 tokens remained unmonetized, with their receipt-date fair value still unresolved.<\/p>\n","protected":false},"author":1264,"featured_media":557339,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77952,77968],"tags":[81114,77433,77925],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ZK International\u2019s $20M AWA tokens leave cash under $83K<\/title>\n<meta name=\"description\" content=\"ZK International received 205,512.5 AWA tokens to settle a $20.02 million receivable, but the assets remained unmonetized as cash totaled $82,696.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How a $20M crypto payout left a micro-cap firm with under $83K in usable cash reserves\" \/>\n<meta property=\"og:description\" content=\"ZK International received 205,512.5 AWA tokens to settle a $20.02 million receivable, but the assets remained unmonetized as cash totaled $82,696.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-23T15:45:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-23T19:10:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/zk-awa-stranded-assets.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Liam &#039;Akiba&#039; Wright\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@akibablade\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Liam 'Akiba' Wright\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#person\",\"name\":\"Liam 'Akiba' Wright\",\"url\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam.jpg\",\"caption\":\"Liam 'Akiba' Wright\"},\"jobTitle\":\"Editor-in-Chief\",\"description\":\"Liam \u201cAkiba\u201d Wright is CryptoSlate\u2019s Editor-in-Chief, reporter and podcast producer, focused on decentralized tech\u2019s positive impact.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/www.akiba.gg\",\"https:\/\/x.com\/akibablade\",\"https:\/\/www.linkedin.com\/in\/liamandrewwright\",\"https:\/\/muckrack.com\/liam-wright\/articles\"]},\"headline\":\"How a $20M crypto payout left a micro-cap firm with under $83K in usable cash reserves\",\"datePublished\":\"2026-08-23T15:45:11+00:00\",\"dateModified\":\"2026-08-23T19:10:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/\"},\"wordCount\":511,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"keywords\":[\"AI\",\"payments\",\"Privacy\"],\"articleSection\":[\"Earnings\",\"Featured\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/\",\"url\":\"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/\",\"name\":\"ZK International\u2019s $20M AWA tokens leave cash under $83K\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2026-08-23T15:45:11+00:00\",\"dateModified\":\"2026-08-23T19:10:06+00:00\",\"description\":\"ZK International received 205,512.5 AWA tokens to settle a $20.02 million receivable, but the assets remained unmonetized as cash totaled $82,696.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How a $20M crypto payout left a micro-cap firm with under $83K in usable cash reserves\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/ea2b02b41a7478e18d903ca8eec4979e\",\"name\":\"Liam 'Akiba' Wright\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam-150x150.jpg\",\"caption\":\"Liam 'Akiba' Wright\"},\"description\":\"Also known as \\\"Akiba,\\\" Liam Wright is the Editor-in-Chief at CryptoSlate and host of the SlateCast. He believes that together decentralized blockchain and AI technology have the potential to make widespread positive change.\",\"sameAs\":[\"https:\/\/www.akiba.gg\",\"https:\/\/www.instagram.com\/akibablade\",\"https:\/\/twitter.com\/akibablade\"],\"award\":[\"Most improved footballer - 1992\"],\"knowsAbout\":[\"Python\",\"Javascript\",\"PHP\",\"HTML\",\"Agentic Software\",\"Machine Learning\",\"2000s emo music\",\"Manchester United\"],\"knowsLanguage\":[\"English\",\"Spanish\"],\"url\":\"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"ZK International\u2019s $20M AWA tokens leave cash under $83K","description":"ZK International received 205,512.5 AWA tokens to settle a $20.02 million receivable, but the assets remained unmonetized as cash totaled $82,696.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/","og_locale":"en_US","og_type":"article","og_title":"How a $20M crypto payout left a micro-cap firm with under $83K in usable cash reserves","og_description":"ZK International received 205,512.5 AWA tokens to settle a $20.02 million receivable, but the assets remained unmonetized as cash totaled $82,696.","og_url":"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/","og_site_name":"CryptoSlate","article_published_time":"2026-08-23T15:45:11+00:00","article_modified_time":"2026-08-23T19:10:06+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/zk-awa-stranded-assets.jpg","type":"image\/jpeg"}],"author":"Liam 'Akiba' Wright","twitter_card":"summary_large_image","twitter_creator":"@akibablade","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Liam 'Akiba' Wright","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#person","name":"Liam 'Akiba' Wright","url":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam.jpg","caption":"Liam 'Akiba' Wright"},"jobTitle":"Editor-in-Chief","description":"Liam \u201cAkiba\u201d Wright is CryptoSlate\u2019s Editor-in-Chief, reporter and podcast producer, focused on decentralized tech\u2019s positive impact.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/www.akiba.gg","https:\/\/x.com\/akibablade","https:\/\/www.linkedin.com\/in\/liamandrewwright","https:\/\/muckrack.com\/liam-wright\/articles"]},"headline":"How a $20M crypto payout left a micro-cap firm with under $83K in usable cash reserves","datePublished":"2026-08-23T15:45:11+00:00","dateModified":"2026-08-23T19:10:06+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/"},"wordCount":511,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"keywords":["AI","payments","Privacy"],"articleSection":["Earnings","Featured"],"inLanguage":"en-US","copyrightYear":"2026","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/","url":"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/","name":"ZK International\u2019s $20M AWA tokens leave cash under $83K","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2026-08-23T15:45:11+00:00","dateModified":"2026-08-23T19:10:06+00:00","description":"ZK International received 205,512.5 AWA tokens to settle a $20.02 million receivable, but the assets remained unmonetized as cash totaled $82,696.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/how-a-20m-crypto-payout-left-a-micro-cap-firm-with-under-83k-in-usable-cash-reserves\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"How a $20M crypto payout left a micro-cap firm with under $83K in usable cash reserves"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/ea2b02b41a7478e18d903ca8eec4979e","name":"Liam 'Akiba' Wright","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/about-liam-150x150.jpg","caption":"Liam 'Akiba' Wright"},"description":"Also known as \"Akiba,\" Liam Wright is the Editor-in-Chief at CryptoSlate and host of the SlateCast. He believes that together decentralized blockchain and AI technology have the potential to make widespread positive change.","sameAs":["https:\/\/www.akiba.gg","https:\/\/www.instagram.com\/akibablade","https:\/\/twitter.com\/akibablade"],"award":["Most improved footballer - 1992"],"knowsAbout":["Python","Javascript","PHP","HTML","Agentic Software","Machine Learning","2000s emo music","Manchester United"],"knowsLanguage":["English","Spanish"],"url":"https:\/\/cryptoslate.com\/author\/liam-akiba-wright\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/557189"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/1264"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=557189"}],"version-history":[{"count":7,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/557189\/revisions"}],"predecessor-version":[{"id":557418,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/557189\/revisions\/557418"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/557339"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=557189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=557189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=557189"},{"taxonomy":"prediction_market_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/prediction_market_topic?post=557189"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=557189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}