Q/C Tech | 10-Q: FY2025 Q3 Revenue: USD 0

LB filings
2025.11.19 22:16
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Revenue: As of FY2025 Q3, the actual value is USD 0.

EPS: As of FY2025 Q3, the actual value is USD -2.5.

EBIT: As of FY2025 Q3, the actual value is USD -1.753 M.

Segment Revenue

  • No product revenue was reported for the three and nine months ended September 30, 2025 and 2024.

Operational Metrics

  • Net Loss: For the three months ended September 30, 2025, the net loss was $2,811,388, compared to $1,929,391 for the same period in 2024. For the nine months ended September 30, 2025, the net loss was $5,732,326, compared to $21,295,080 for the same period in 2024.
  • General and Administrative Expenses: $967,833 for the three months ended September 30, 2025, compared to $1,104,130 for the same period in 2024. For the nine months ended September 30, 2025, these expenses were $2,703,815, compared to $3,149,041 for the same period in 2024.
  • Research and Development Expenses: $356,352 for the three months ended September 30, 2025, compared to $707,747 for the same period in 2024. For the nine months ended September 30, 2025, these expenses were $2,775,337, compared to $2,307,789 for the same period in 2024.

Cash Flow

  • Operating Cash Flow: Net cash used in operating activities was $5,865,877 for the nine months ended September 30, 2025, compared to $6,855,523 for the same period in 2024.
  • Investing Cash Flow: Net cash provided by investing activities was $3,245,029 for the nine months ended September 30, 2025, compared to net cash used of $7,202,955 for the same period in 2024.
  • Financing Cash Flow: Net cash provided by financing activities was $9,351,879 for the nine months ended September 30, 2025, compared to $13,926,528 for the same period in 2024.

Unique Metrics

  • Derivative Liabilities: The change in fair value of derivative liabilities resulted in a gain of $244,000 for the nine months ended September 30, 2025.

Future Outlook and Strategy

  • Core Business Focus: The company has shifted its business strategy to focus on energy-efficient blockchain and cryptocurrency infrastructure through quantum-class laser-based computing. This includes leveraging an exclusive global licensing agreement with LightSolver Ltd. to deploy innovative laser processing units (LPUs).
  • Non-Core Business: The company is evaluating the potential divestiture of its Isomyosamine and Supera-CBD therapeutic platforms to fund its new strategic focus.
  • Priority: Over the next twelve months, the company anticipates finalizing qc-LPU100 prototypes, conducting internal performance benchmarking, securing patents, and initiating pilot testing with select AI and DePin Token users.