What is Q/C Technologies Inc's earnings per share (EPS)?

Q/C Technologies Inc (QCLS) reported diluted earnings per share of $-8.66 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Q/C Technologies Inc Financials

QCLS

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Q/C Technologies Inc (QCLS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 12 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 QCLS FY2025 2026-04-22

Q/C Technologies is relying on external capital to support a cash-burning operating model while its balance sheet expands.

From FY2024 to FY2025, net loss improved from -$23.4M to -$11.6M. Yet operating cash flow stayed near -$9.1M, which implies the better earnings did not translate into materially lighter cash demands from the core business, the more practical test of improvement.

FY2025 ended with only $987K of cash, even after a financing inflow of $18.3M; most of that capital appears to have been absorbed by operating burn and investment rather than left on the balance sheet. In a company still reporting negative operating income, that funding pattern says more about how the business is being sustained than the narrower loss does.

The current ratio improved to 3.0x, so short-term obligations look better covered than in FY2024, but the cash balance remains thin, meaning much of that cushion sits in non-cash current assets. Goodwill of $10.5M is about 25.5% of total assets, so a meaningful share of stated asset strength is intangible rather than immediately spendable.

Financial Health Signals

Financial Profile 24/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Q/C Technologies Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Leverage

Q/C Technologies Inc carries a low D/E ratio of 0.76, meaning only $0.76 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 87/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Q/C Technologies Inc's current ratio of 3.00 indicates adequate short-term liquidity, earning a score of 57/100. The company can meet its near-term obligations, though with limited headroom.

Returns

Q/C Technologies Inc generates a -53.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -238.6% the prior year.

Piotroski F-Score Weak

3/9

Q/C Technologies Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.

Earnings Quality Low Quality

0.78x

For every $1 of reported earnings, Q/C Technologies Inc generates $0.78 in operating cash flow (-$9.1M OCF vs -$11.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

-$11.6M

YoY+50.2%

Q/C Technologies Inc reported -$11.6M in net income in fiscal year 2025. This represents an increase of 50.2% from the prior year.

EPS (Diluted)

$-8.66

Q/C Technologies Inc earned $-8.66 per diluted share (EPS) in fiscal year 2025. This represents an increase of 99.2% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$10.8M

Q/C Technologies Inc generated -$10.8M in free cash flow in fiscal year 2025, representing cash available after capex.

Cash & Debt

$987K

YoY+470.0%

5Y CAGR+46.1%

10Y CAGR+8.0%

Q/C Technologies Inc held $987K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

Q/C Technologies Inc had 4M shares outstanding in fiscal year 2025. This represents an increase of 12287.8% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

-53.4%

YoY+185.2pp

10Y CAGR-32.2pp

Q/C Technologies Inc's ROE was -53.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 185.2 percentage points from the prior year.

Capital Allocation

R&D Spending

$3.5M

YoY+0.9%

5Y CAGR+7.1%

10Y CAGR+14.2%

Q/C Technologies Inc invested $3.5M in research and development in fiscal year 2025. This represents an increase of 0.9% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$1.8M

10Y CAGR+52.9%

Q/C Technologies Inc invested $1.8M in capex in fiscal year 2025, funding long-term assets and infrastructure.

QCLS Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	N/A	$1.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	$1.1M
Gross Profit	N/A	N/A	N/A	N/A	N/A	$479K
R&D Expenses	$3.5M+0.9%	$3.4M-56.3%	$7.9M-13.2%	$9.1M+34.4%	$6.7M+173.4%	$2.5M
SG&A Expenses	$3.7M-10.2%	$4.2M-23.5%	$5.4M-1.4%	$5.5M-14.0%	$6.4M+117.9%	$2.9M
Operating Income	-$9.8M+3.2%	-$10.2M+40.6%	-$17.1M-12.0%	-$15.3M+47.0%	-$28.8M-729.7%	-$3.5M
Interest Expense	N/A	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	-$11.6M+50.2%	-$23.4M-484.0%	-$4.0M+73.7%	-$15.2M+49.2%	-$29.9M-668.7%	-$3.9M
EPS (Diluted)	$-8.66	$-1080.87	$-5.33+54.6%	$-11.74	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
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	$356K-59.2%	$873K-43.5%	$1.5M	N/A	$708K+76.4%	$401K-66.5%	$1.2M
SG&A Expenses	N/A	$968K+8.2%	$894K+6.3%	$842K	N/A	$1.1M+8.2%	$1.0M-4.5%	$1.1M
Operating Income	N/A	-$1.8M+4.5%	-$1.9M+24.2%	-$2.5M	N/A	-$1.8M+45.8%	-$3.4M-21.0%	-$2.8M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	-$2.8M-56.5%	-$1.8M-59.7%	-$1.1M	N/A	-$1.9M+79.8%	-$9.6M+2.4%	-$9.8M
EPS (Diluted)	N/A	$-2.50	$-0.18+50.0%	$-0.36	N/A	$-107.62-2270.5%	$-4.54+11.7%	$-5.14

QCLS Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$41.2M+92.2%	$21.4M+19.9%	$17.9M+1.8%	$17.5M-29.3%	$24.8M+3566.8%	$677K
Current Assets	$16.6M+76.2%	$9.4M+61.8%	$5.8M+7.7%	$5.4M-57.4%	$12.7M+8371.7%	$150K
Cash & Equivalents	$987K+470.0%	$173K-93.5%	$2.7M+257.9%	$749K+34.7%	$556K+274.9%	$148K
Inventory	N/A	N/A	N/A	N/A	N/A	$198K
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	$43K
Goodwill	$10.5M0.0%	$10.5M0.0%	$10.5M0.0%	$10.5M0.0%	$10.5M	N/A
Total Liabilities	$16.4M+41.4%	$11.6M+128.6%	$5.1M+78.9%	$2.8M+144.0%	$1.2M-80.4%	$5.9M
Current Liabilities	$5.5M-17.4%	$6.7M+34.3%	$5.0M+80.1%	$2.8M+166.3%	$1.0M-55.7%	$2.3M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$21.8M+122.2%	$9.8M-20.9%	$12.4M-15.8%	$14.7M-37.9%	$23.6M+549.8%	-$5.3M
Retained Earnings	-$144.1M-11.6%	-$129.1M-26.6%	-$102.0M-8.8%	-$93.8M-19.3%	-$78.6M-61.4%	-$48.7M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$41.2M+10.6%	$37.2M+117.1%	$17.2M-8.7%	$18.8M-12.3%	$21.4M-10.9%	$24.0M-8.9%	$26.4M+82.0%	$14.5M
Current Assets	$16.6M+48.8%	$11.1M+116.3%	$5.2M-24.0%	$6.8M-28.0%	$9.4M-21.7%	$12.0M-16.2%	$14.4M+483.6%	$2.5M
Cash & Equivalents	$987K-85.7%	$6.9M+3226.5%	$208K+183.4%	$73K-57.7%	$173K-85.5%	$1.2M+122.4%	$536K+137.5%	$226K
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	$10.5M0.0%	$10.5M0.0%	$10.5M0.0%	$10.5M0.0%	$10.5M0.0%	$10.5M0.0%	$10.5M0.0%	$10.5M
Total Liabilities	$16.4M+3.3%	$15.9M+34.0%	$11.9M+17.7%	$10.1M-13.3%	$11.6M+66.4%	$7.0M-73.1%	$26.0M+511.4%	$4.3M
Current Liabilities	$5.5M-15.3%	$6.5M+17.7%	$5.6M+12.4%	$4.9M-26.3%	$6.7M-4.1%	$7.0M+20.9%	$5.8M+45.6%	$4.0M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$21.8M+51.9%	$14.3M+171.4%	$5.3M-39.3%	$8.7M-11.2%	$9.8M-41.6%	$16.8M+17053.9%	$98K-99.0%	$9.9M
Retained Earnings	-$144.1M-4.8%	-$137.6M-2.8%	-$133.8M-2.1%	-$131.1M-1.5%	-$129.1M-2.5%	-$126.0M-2.2%	-$123.3M-9.2%	-$113.0M

QCLS Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$9.1M-1.0%	-$9.0M+30.8%	-$13.0M-5.8%	-$12.3M+37.1%	-$19.5M-534.8%	-$3.1M
Capital Expenditures	$1.8M	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	-$10.8M	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$8.4M-38.1%	-$6.1M-430.6%	$1.8M-73.3%	$6.9M-65.2%	$19.9M+603.7%	-$3.9M
Financing Cash Flow	$18.3M+45.6%	$12.6M-3.8%	$13.1M+135.4%	$5.6M+7447.7%	$74K-98.9%	$7.0M
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	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	-$3.2M-175.8%	-$1.2M+43.8%	-$2.1M+21.8%	-$2.6M-24.5%	-$2.1M+12.7%	-$2.4M+8.9%	-$2.7M-51.9%	-$1.8M
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	-$11.7M-680.6%	-$1.5M-168.0%	$2.2M-13.4%	$2.5M+130.6%	$1.1M-64.3%	$3.1M+128.0%	-$11.0M-1605.6%	$732K
Financing Cash Flow	$9.0M	N/A	N/A	N/A	$1	$0-100.0%	$14.0M+1078.9%	-$1.4M
Dividends Paid	N/A	N/A	$309K	N/A	N/A	$68K-89.1%	$625K	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

QCLS Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	30.4%
Operating Margin	N/A	N/A	N/A	N/A	N/A	-220.2%
Net Margin	N/A	N/A	N/A	N/A	N/A	-246.6%
Return on Equity	-53.4%+185.2pp	-238.6%-206.3pp	-32.3%+71.1pp	-103.4%+23.0pp	-126.4%	N/A
Return on Assets	-28.2%+80.8pp	-109.0%-86.7pp	-22.4%+64.3pp	-86.6%+33.8pp	-120.5%-84.7pp	-35.7%
Current Ratio	3.00+1.6	1.40+0.2	1.17-0.8	1.95-10.2	12.18+12.1	0.06
Debt-to-Equity	0.76-0.4	1.19+0.8	0.41+0.2	0.19+0.1	0.05+1.2	-1.13
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
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	-19.6%+14.4pp	-34.0%-21.1pp	-12.9%	N/A	-11.5%+9768.8pp	-9780.3%-9681.7pp	-98.6%
Return on Assets	N/A	-7.5%+2.9pp	-10.5%-4.5pp	-6.0%	N/A	-8.0%+28.2pp	-36.3%+31.4pp	-67.6%
Current Ratio	3.00+1.3	1.71+0.8	0.93-0.4	1.37-0.0	1.40-0.3	1.72-0.8	2.48+1.9	0.62
Debt-to-Equity	0.76-0.4	1.11-1.1	2.25+1.1	1.16-0.0	1.19+0.8	0.42-265.4	265.83+265.4	0.43
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

Is Q/C Technologies Inc profitable?

No, Q/C Technologies Inc (QCLS) reported a net income of -$11.6M in fiscal year 2025.

What is Q/C Technologies Inc's return on equity (ROE)?

Q/C Technologies Inc (QCLS) has a return on equity of -53.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Q/C Technologies Inc's free cash flow?

Q/C Technologies Inc (QCLS) generated -$10.8M in free cash flow during fiscal year 2025. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Q/C Technologies Inc's operating cash flow?

Q/C Technologies Inc (QCLS) generated -$9.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Q/C Technologies Inc's total assets?

Q/C Technologies Inc (QCLS) had $41.2M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Q/C Technologies Inc's capital expenditures?

Q/C Technologies Inc (QCLS) invested $1.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Q/C Technologies Inc spend on research and development?

Q/C Technologies Inc (QCLS) invested $3.5M in research and development during fiscal year 2025.

How many shares does Q/C Technologies Inc have outstanding?

Q/C Technologies Inc (QCLS) had 4M shares outstanding as of fiscal year 2025.

What is Q/C Technologies Inc's current ratio?

Q/C Technologies Inc (QCLS) had a current ratio of 3.00 as of fiscal year 2025, which is generally considered healthy.

What is Q/C Technologies Inc's debt-to-equity ratio?

Q/C Technologies Inc (QCLS) had a debt-to-equity ratio of 0.76 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Q/C Technologies Inc's return on assets (ROA)?

Q/C Technologies Inc (QCLS) had a return on assets of -28.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Q/C Technologies Inc's cash runway?

Based on fiscal year 2025 data, Q/C Technologies Inc (QCLS) had $987K in cash against an annual operating cash burn of $9.1M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Q/C Technologies Inc's Piotroski F-Score?

Q/C Technologies Inc (QCLS) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Q/C Technologies Inc's earnings high quality?

Q/C Technologies Inc (QCLS) has an earnings quality ratio of 0.78x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Q/C Technologies Inc?

Q/C Technologies Inc (QCLS) scores 24 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.