Logicquest Technology Inc Financials

LOGQ

Source SEC Filings (10-K/10-Q) Data as of Sep 30, 2024 Currency USD FYE December

This page shows Logicquest Technology Inc (LOGQ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI LOGQ FY2023 2026-04-22

Balance-sheet repair, not operating momentum, is the dominant visible mechanic as liabilities shrank much faster than assets rebuilt.

From FY2021 to FY2023, negative equity improved from -$6.5M to -$156.8K. Because liabilities fell far faster than assets changed, the cleanup looks more like obligations coming off the balance sheet than an operating business rebuilding through cash generation.

Liquidity coverage stayed extremely thin: FY2023 current assets were $2.0K against current liabilities of $158.8K, so added assets did not translate into usable short-term cushion. With reported cash at $0 and operating cash flow at $0, the filings still do not show an operating engine funding itself.

Some figures from recent filings were inconsistent and were omitted from this summary.

Financial Health Signals

Financial health score pending refresh

We are recalculating Logicquest Technology Inc's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

N/A

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

Logicquest Technology Inc held $0 in cash against $0 in long-term debt as of fiscal year 2023.

Dividends Per Share

N/A

Shares Outstanding

101M

YoY+0.0%

Logicquest Technology Inc had 101M shares outstanding in fiscal year 2023. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

LOGQ Income Statement

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$0	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$16K-65.1%	$45K	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	-$16K+65.1%	-$45K	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$0	$0	$0	N/A	$0	$0	$0	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$16K+65.1%	-$45K	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	$0.00	$0.00	N/A	N/A	$0.00	$0.00	$-0.01	N/A

LOGQ Balance Sheet

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Total Assets	$2K+293.5%	$511-65.7%	$1K+30.8%	$1K+123.3%	$5100.0%	$510
Current Assets	$2K+293.5%	$511-65.7%	$1K+30.8%	$1K+123.3%	$5100.0%	$510
Cash & Equivalents	$0	$0	$0	N/A	N/A	N/A
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$159K+448.5%	$29K-99.6%	$6.5M+6.6%	$6.1M+7.2%	$5.7M+7.6%	$5.3M
Current Liabilities	$159K+448.5%	$29K-99.6%	$6.5M+6.6%	$6.1M+7.2%	$5.7M+7.6%	$5.3M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$157K-451.3%	-$28K+99.6%	-$6.5M-6.6%	-$6.1M-7.2%	-$5.7M-7.6%	-$5.3M
Retained Earnings	-$29.6M-1.2%	-$29.2M-0.8%	-$29.0M-1.4%	-$28.6M-1.5%	-$28.2M-1.5%	-$27.8M

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Total Assets	$0	$0-100.0%	$1K-37.3%	$2K+293.5%	$5110.0%	$5110.0%	$5110.0%	$511
Current Assets	$0	$0-100.0%	$1K-37.3%	$2K+293.5%	$5110.0%	$5110.0%	$5110.0%	$511
Cash & Equivalents	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$16K	$0-100.0%	$188K+18.1%	$159K+19.2%	$133K+40.5%	$95K+13.6%	$83K+188.3%	$29K
Current Liabilities	$16K	$0-100.0%	$188K+18.1%	$159K+19.2%	$133K+40.5%	$95K+13.6%	$83K+188.3%	$29K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$16K	$0+100.0%	-$186K-18.8%	-$157K-18.2%	-$133K-40.7%	-$94K-13.7%	-$83K-191.6%	-$28K
Retained Earnings	-$29.7M-0.1%	-$29.7M-0.2%	-$29.6M-0.1%	-$29.6M-0.1%	-$29.6M-0.1%	-$29.5M0.0%	-$29.5M-0.9%	-$29.2M

LOGQ Cash Flow Statement

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Operating Cash Flow	$0	$0	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Operating Cash Flow	$0	$0	$0	$0	$0	$0	$0	$0
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

LOGQ Financial Ratios

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	0.010.0	0.02+0.0	0.000.0	0.000.0	0.000.0	0.00
Debt-to-Equity	-1.010.0	-1.02-0.0	-1.000.0	-1.000.0	-1.000.0	-1.00
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	0.00	N/A	0.010.0	0.010.0	0.000.0	0.010.0	0.01-0.0	0.02
Debt-to-Equity	-1.00	N/A	-1.010.0	-1.010.0	-1.000.0	-1.010.0	-1.01+0.0	-1.02
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$157K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is Logicquest Technology Inc's operating cash flow?

Logicquest Technology Inc (LOGQ) generated $0 in operating cash flow during fiscal year 2023, representing cash generated from core business activities.

What are Logicquest Technology Inc's total assets?

Logicquest Technology Inc (LOGQ) had $2K in total assets as of fiscal year 2023, including both current and long-term assets.

How many shares does Logicquest Technology Inc have outstanding?

Logicquest Technology Inc (LOGQ) had 101M shares outstanding as of fiscal year 2023.

What is Logicquest Technology Inc's current ratio?

Logicquest Technology Inc (LOGQ) had a current ratio of 0.01 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

What is Logicquest Technology Inc's debt-to-equity ratio?

Logicquest Technology Inc (LOGQ) had a debt-to-equity ratio of -1.01 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

Why is Logicquest Technology Inc's debt-to-equity ratio negative or unusual?

Logicquest Technology Inc (LOGQ) has negative shareholder equity of -$157K as of fiscal year 2023, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.