QUTX Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 19, 2026. Each column of the statement tables below links to the filing it was taken from.
QUTX (QUTX) reported $0 in revenue for fiscal year 2025, down 100.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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
QUTX does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
QUTX passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
QUTX reported a net loss of $485K while operations used $808K of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
QUTX generated $0 in revenue in Q2 2026.
QUTX's EBITDA was -$2.1M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 913.1% from the same quarter a year earlier. Against the prior quarter it is down 782.3%.
QUTX reported -$2.2M in net income in Q2 2026. Against the prior quarter it is down 3303.8%.
Cash & Balance Sheet
QUTX held $40K in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
QUTX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | N/A | $0-100.0% | $0-100.0% | $0-100.0% | $140K-29.3% | $180K-15.5% |
| Cost of Revenue | N/A | N/A | N/A | $0-100.0% | $0-100.0% | $0-100.0% | $174K-20.4% | $153K-2.4% |
| Gross Profit | N/A | N/A | N/A | $0-100.0% | $0-100.0% | $0-100.0% | -$34K-64.4% | $26K-52.9% |
| SG&A Expenses | $2.1M+900.2% | $236K | N/A | N/A | $208K-33.4% | N/A | $300K-23.3% | $301K-2.1% |
| Operating Income | -$2.1M-900.2% | -$236K | N/A | N/A | -$208K+22.1% | N/A | -$334K+18.9% | -$275K-9.0% |
| EBITDA | -$2.1M-913.1% | -$235K | N/A | N/A | -$205K+22.3% | N/A | -$331K+19.0% | -$272K-9.2% |
| Net Income | -$2.2M | -$64K | N/A | N/A | N/A | N/A | N/A | -$333K+41.1% |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00+100.0% | $0.00+100.0% | $0.00-100.0% |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Diluted Shares (Avg) | 6.94B+24.4% | 6.50B+18.9% | N/A | 5.71B | 5.58B | 5.47B | N/A | 1.66B |
Not reported in any period shown, so not listed: R&D Expenses, Interest Expense, Income Tax.
QUTX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $655K+1351.8% | $466K+1067.6% | $319K+226.0% | $49K-71.0% | $45K-76.2% | $40K-82.5% | $98K-49.8% | $167K-21.5% |
| Current Assets | $298K+693.9% | $80K+166.2% | $254K+197.5% | $44K-71.1% | $38K-78.0% | $30K-85.4% | $85K-49.6% | $152K-18.5% |
| Cash & Equivalents | $40K+960.2% | $47K+1609.9% | $228K+13032.4% | $10K-19.5% | $4K-48.0% | $3K-75.8% | $2K-92.9% | $12K-56.2% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | $0-100.0% | $42K-6.2% |
| Accounts Receivable | N/A | N/A | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $71K-22.8% | $90K-18.9% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.7M-20.8% | $2.5M-37.4% | $2.3M-38.2% | $3.3M-2.3% | $3.5M+8.9% | $3.9M+30.2% | $3.7M+22.5% | $3.4M+35.3% |
| Current Liabilities | $2.7M-20.8% | $2.5M-37.4% | $2.3M-38.2% | $3.3M+24.3% | $3.5M+44.1% | $3.9M+81.4% | $3.7M+69.8% | $2.7M+56.2% |
| Non-Current Liabilities | $0 | $0 | $0 | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $655K-10.2% |
| Total Equity | -$2.1M+38.9% | -$2.0M+48.7% | -$1.9M+45.5% | -$3.3M-1.2% | -$3.4M-14.3% | -$3.9M-39.4% | -$3.6M-27.6% | -$3.3M-40.5% |
| Retained Earnings | -$97.3M-2.2% | -$95.1M-0.2% | -$95.0M-0.5% | -$95.6M-2.0% | -$95.2M-2.0% | -$94.9M-2.1% | -$94.5M-2.6% | -$93.7M-9.6% |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
QUTX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$396K-163.2% | -$174K+12.3% | -$315K-2676.7% | -$144K-460.2% | -$151K-90.1% | -$198K-47.6% | -$11K+85.7% | -$26K+56.7% |
| Depreciation & Amortization | $340-87.3% | $378-85.5% | $413-84.7% | $3K-5.7% | $3K-6.6% | $3K-12.2% | $3K-10.0% | $3K-9.9% |
| Investing Cash Flow | $29K | -$322K | -$60K | $0 | $0 | $0 | $0 | $0 |
| Financing Cash Flow | $361K+137.8% | $315K+58.2% | $593K+40572.0% | $150K+394.8% | $152K+101.3% | $199K+63.7% | $1K-98.1% | $30K-61.4% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
QUTX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | -24.4%-13.9pp | 14.5%-11.5pp |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | -238.1% | -153.0% |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -185.6% |
| Return on Assets | -334.0% | -13.8% | N/A | N/A | N/A | N/A | N/A | -199.0%+66.2pp |
| Current Ratio | 0.11+0.1x | 0.030.0x | 0.11+0.1x | 0.010.0x | 0.01-0.1x | 0.01-0.1x | 0.02-0.1x | 0.06-0.1x |
| Asset Turnover | 0.000.0x | 0.000.0x | N/A | 0.00-1.1x | 0.00-1.2x | 0.00-0.7x | 1.44+0.4x | 1.07+0.1x |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Note: Shareholder equity is negative (-$1.9M), 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 (0.11), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where QUTX Ranks
Frequently Asked Questions
What is QUTX's annual revenue?
QUTX (QUTX) reported $0 in total revenue for fiscal year 2025. This represents a -100.0% 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 QUTX's revenue growing?
QUTX (QUTX) revenue declined by 100.0% year-over-year, from $710K to $0 in fiscal year 2025.
Is QUTX profitable?
No, QUTX (QUTX) reported a net income of -$485K in fiscal year 2025.
What is QUTX's EBITDA?
QUTX (QUTX) had EBITDA of -$1.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is QUTX's operating cash flow?
QUTX (QUTX) recorded an outflow of $808K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are QUTX's total assets?
QUTX (QUTX) had $319K in total assets as of fiscal year 2025, including both current and long-term assets.
What is QUTX's current ratio?
QUTX (QUTX) had a current ratio of 0.11 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is QUTX's return on assets (ROA)?
QUTX (QUTX) had a return on assets of -152.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is QUTX's debt-to-equity ratio negative or not reported?
QUTX (QUTX) has negative shareholder equity of -$1.9M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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 QUTX's Piotroski F-Score?
QUTX (QUTX) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 QUTX's earnings high quality?
QUTX (QUTX) reported a net loss of $485K while operations used $808K of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.