What is Quest Patent's earnings per share (EPS)?

Quest Patent (QPRC) reported diluted earnings per share of $-1.59 for fiscal year 2025. This represents a -245.7% change compared to the previous fiscal year. 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.

Quest Patent Financials

QPRC

Source SEC Filings (10-K/10-Q) Updated Mar 30, 2026 Currency USD FYE March

This page shows Quest Patent (QPRC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 23 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).

Financial Health Signals

Piotroski F-Score Weak

2/9

Quest Patent passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Low Quality

0.70x

For every $1 of reported earnings, Quest Patent generates $0.70 in operating cash flow (-$5.9M OCF vs -$8.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-11.0x

Quest Patent earns $-11.0 in operating income for every $1 of interest expense (-$7.7M vs $700K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.8M

YoY+0.0%

5Y CAGR-12.6%

10Y CAGR+18.8%

Quest Patent generated $2.8M in revenue in fiscal year 2025. This represents an increase of 0.0% from the prior year.

EBITDA

N/A

Net Income

-$8.5M

YoY-243.6%

Quest Patent reported -$8.5M in net income in fiscal year 2025. This represents a decrease of 243.6% from the prior year.

EPS (Diluted)

$-1.59

YoY-245.7%

Quest Patent earned $-1.59 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 245.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$193K

YoY-60.0%

5Y CAGR-4.9%

10Y CAGR-5.3%

Quest Patent held $193K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

YoY+0.0%

Quest Patent had 5M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

-145.7%

YoY-179.7pp

10Y CAGR-243.0pp

Quest Patent's gross margin was -145.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 179.7 percentage points from the prior year.

Operating Margin

-275.1%

YoY-209.1pp

5Y CAGR-262.0pp

10Y CAGR-220.2pp

Quest Patent's operating margin was -275.1% in fiscal year 2025, reflecting core business profitability. This is down 209.1 percentage points from the prior year.

Net Margin

-303.8%

YoY-215.4pp

5Y CAGR-279.9pp

10Y CAGR-238.0pp

Quest Patent's net profit margin was -303.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 215.4 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

QPRC Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$2.8M0.0%	$2.8M-78.7%	$13.2M+2815.0%	$451K-78.0%	$2.0M-62.6%	$5.5M
Cost of Revenue	$4.1M+248.6%	$1.2M-78.1%	$5.3M+6154.1%	$85K	N/A	N/A
Gross Profit	-$4.1M-528.1%	$951K-84.8%	$6.2M+4134.5%	$148K-79.9%	$735K	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$3.6M+29.3%	$2.8M+2.1%	$2.7M+38.4%	$2.0M-48.6%	$3.8M+154.2%	$1.5M
Operating Income	-$7.7M-316.4%	-$1.8M-152.7%	$3.5M+291.4%	-$1.8M+41.2%	-$3.1M-333.2%	-$719K
Interest Expense	$700K+488.6%	$119K-50.5%	$240K+190.2%	$83K+128.4%	-$292K-136.3%	$804K
Income Tax	$100K0.0%	$100K+233.3%	$30K+2494.3%	-$1K-169.4%	$2K-97.2%	$65K
Net Income	-$8.5M-243.6%	-$2.5M-167.7%	$3.6M+584.3%	-$754K+81.9%	-$4.2M-216.6%	-$1.3M
EPS (Diluted)	$-1.59-245.7%	$-0.46-207.0%	$0.43+407.1%	$-0.14+82.7%	$-0.81	$0.00

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	N/A	N/A	N/A	$0-100.0%	$900K+5.9%	$850K-18.7%	$1.0M	N/A
Cost of Revenue	$0	$0	$0+100.0%	-$1K-100.3%	$382K+20.1%	$318K-31.5%	$464K	N/A
Gross Profit	N/A	-$5K-37.0%	-$3K-449.6%	$1K-99.6%	$248K-46.4%	$463K-4.2%	$483K	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.0M+2.3%	$989K+51.1%	$654K+2.3%	$639K-16.3%	$764K-6.4%	$816K+41.4%	$577K	N/A
Operating Income	-$1.0M-1.8%	-$994K-51.1%	-$658K+25.6%	-$884K-71.3%	-$516K-46.1%	-$353K-276.3%	-$94K	N/A
Interest Expense	$178K+3.0%	$173K+2.6%	$168K+142.4%	-$397K-368.3%	$148K-35.6%	$230K+66.2%	$138K	N/A
Income Tax	N/A	N/A	N/A	N/A	-$5K-104.8%	$105K	N/A	N/A
Net Income	-$1.2M-7.9%	-$1.1M-37.9%	-$826K+17.5%	-$1.0M-69.4%	-$591K-32.3%	-$447K-3.6%	-$431K	N/A
EPS (Diluted)	$-0.23-9.5%	$-0.21-40.0%	$-0.15	N/A	$-0.11-37.5%	$-0.080.0%	$-0.08	N/A

QPRC Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$10.4M+194.8%	$3.5M-51.4%	$7.3M+493.4%	$1.2M+50.3%	$817K-76.6%	$3.5M
Current Assets	$207K-58.7%	$502K-86.1%	$3.6M+3660.2%	$96K-65.4%	$277K-78.5%	$1.3M
Cash & Equivalents	$193K-60.0%	$482K-14.5%	$563K+521.9%	$91K-65.8%	$265K+6.8%	$248K
Inventory	N/A	N/A	N/A	N/A	$2K-97.2%	$65K
Accounts Receivable	$8K0.0%	$8K-99.7%	$3.0M	N/A	N/A	$1.0M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$27.6M+125.7%	$12.2M-9.4%	$13.5M+38.1%	$9.8M+12.0%	$8.7M-15.4%	$10.3M
Current Liabilities	$27.4M+127.8%	$12.0M-9.6%	$13.3M+38.9%	$9.6M+14.1%	$8.4M-11.5%	$9.5M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$17.2M-97.6%	-$8.7M-39.5%	-$6.2M+27.2%	-$8.6M-8.0%	-$7.9M-15.9%	-$6.8M
Retained Earnings	-$34.9M-32.2%	-$26.4M-10.3%	-$23.9M+8.7%	-$26.2M-3.0%	-$25.4M-19.5%	-$21.3M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$11.0M-5.8%	$11.7M+291.6%	$3.0M-15.7%	$3.5M-18.0%	$4.3M-0.1%	$4.3M-48.2%	$8.4M+14.7%	$7.3M
Current Assets	$194K-30.3%	$279K+238.1%	$82K-83.6%	$502K-55.7%	$1.1M+15.8%	$979K-79.8%	$4.8M+34.3%	$3.6M
Cash & Equivalents	$175K-31.2%	$255K+432.5%	$48K-90.1%	$482K+252.4%	$137K0.0%	$137K-82.3%	$771K+36.8%	$563K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$8K0.0%	$8K0.0%	$8K0.0%	$8K-99.1%	$908K+19.8%	$758K	N/A	$3.0M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$22.9M+2.5%	$22.4M+78.7%	$12.5M+2.2%	$12.2M+1.9%	$12.0M+5.1%	$11.4M-23.9%	$15.0M+11.1%	$13.5M
Current Liabilities	$22.7M+2.5%	$22.1M+80.0%	$12.3M+2.2%	$12.0M+1.9%	$11.8M+5.2%	$11.2M-24.2%	$14.8M+11.2%	$13.3M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$11.9M-11.5%	-$10.7M-12.0%	-$9.5M-9.5%	-$8.7M-13.0%	-$7.7M-8.3%	-$7.1M-6.7%	-$6.7M-6.8%	-$6.2M
Retained Earnings	-$29.6M-4.3%	-$28.3M-4.2%	-$27.2M-3.1%	-$26.4M-3.9%	-$25.4M-2.4%	-$24.8M-1.8%	-$24.3M-1.8%	-$23.9M

QPRC Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$5.9M-1416.3%	-$390K-120.2%	$1.9M+311.2%	-$914K-1740.4%	-$50K+79.8%	-$246K
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	-$9.0M	N/A	-$3.3M-121.7%	-$1.5M-30.6%	-$1.1M-1110.5%	-$95K
Financing Cash Flow	$14.6M+4636.2%	$309K-83.5%	$1.9M-16.5%	$2.2M+84.3%	$1.2M+2241.2%	$52K
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	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	-$494K+9.1%	-$543K-25.1%	-$434K-180.6%	-$155K+69.0%	-$500K-156.0%	$893K+242.1%	-$628K-118.2%	$3.4M
Capital Expenditures	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	-$494K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$0	N/A	N/A	N/A	N/A	N/A	N/A	$0
Financing Cash Flow	$414K	N/A	N/A	$500K0.0%	$500K+132.7%	-$1.5M-282.7%	$836K+123.9%	-$3.5M
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

QPRC Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	-145.7%-179.7pp	34.0%-13.5pp	47.5%+14.8pp	32.7%-3.2pp	35.9%	N/A
Operating Margin	-275.1%-209.1pp	-66.1%-92.7pp	26.7%+432.7pp	-406.1%-254.2pp	-151.9%-138.8pp	-13.1%
Net Margin	-303.8%-215.4pp	-88.4%-116.2pp	27.8%+194.8pp	-167.0%+35.7pp	-202.7%-178.8pp	-23.9%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-81.4%-11.5pp	-69.8%-119.9pp	50.1%+111.5pp	-61.4%+447.4pp	-508.8%-471.1pp	-37.6%
Current Ratio	0.01-0.0	0.04-0.2	0.27+0.3	0.01-0.0	0.03-0.1	0.14
Debt-to-Equity	-1.61-0.2	-1.41+0.8	-2.17-1.0	-1.14-0.0	-1.10+0.4	-1.51
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	N/A	N/A	N/A	N/A	27.6%-26.9pp	54.5%+8.3pp	46.3%	N/A
Operating Margin	N/A	N/A	N/A	N/A	-57.3%-15.8pp	-41.5%-32.6pp	-9.0%	N/A
Net Margin	N/A	N/A	N/A	N/A	-65.7%-13.1pp	-52.6%-11.3pp	-41.3%	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-11.2%-1.4pp	-9.8%+18.0pp	-27.7%+0.6pp	-28.3%-14.6pp	-13.7%-3.3pp	-10.3%-5.2pp	-5.2%	N/A
Current Ratio	0.010.0	0.010.0	0.01-0.0	0.04-0.1	0.100.0	0.09-0.2	0.33+0.1	0.27
Debt-to-Equity	-1.93+0.2	-2.10-0.8	-1.31+0.1	-1.41+0.2	-1.56+0.0	-1.61+0.6	-2.25-0.1	-2.17
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$17.2M), 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.

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Frequently Asked Questions

What is Quest Patent's annual revenue?

Quest Patent (QPRC) reported $2.8M in total revenue for fiscal year 2025. This represents a 0.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Quest Patent's revenue growing?

Quest Patent (QPRC) revenue grew by 0% year-over-year, from $2.8M to $2.8M in fiscal year 2025.

Is Quest Patent profitable?

No, Quest Patent (QPRC) reported a net income of -$8.5M in fiscal year 2025, with a net profit margin of -303.8%.

What is Quest Patent's gross margin?

Quest Patent (QPRC) had a gross margin of -145.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Quest Patent's operating margin?

Quest Patent (QPRC) had an operating margin of -275.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Quest Patent's net profit margin?

Quest Patent (QPRC) had a net profit margin of -303.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Quest Patent's operating cash flow?

Quest Patent (QPRC) generated -$5.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Quest Patent's total assets?

Quest Patent (QPRC) had $10.4M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Quest Patent have outstanding?

Quest Patent (QPRC) had 5M shares outstanding as of fiscal year 2025.

What is Quest Patent's current ratio?

Quest Patent (QPRC) had a current ratio of 0.01 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Quest Patent's debt-to-equity ratio?

Quest Patent (QPRC) had a debt-to-equity ratio of -1.61 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Quest Patent's return on assets (ROA)?

Quest Patent (QPRC) had a return on assets of -81.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Quest Patent's cash runway?

Based on fiscal year 2025 data, Quest Patent (QPRC) had $193K in cash against an annual operating cash burn of $5.9M. This gives an estimated cash runway of approximately 0 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.

Why is Quest Patent's debt-to-equity ratio negative or unusual?

Quest Patent (QPRC) has negative shareholder equity of -$17.2M as of fiscal year 2025, 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.

What is Quest Patent's Piotroski F-Score?

Quest Patent (QPRC) has a Piotroski F-Score of 2 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Quest Patent's earnings high quality?

Quest Patent (QPRC) has an earnings quality ratio of 0.70x, 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.

Can Quest Patent cover its interest payments?

Quest Patent (QPRC) has an interest coverage ratio of -11.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.