Welcome to our dedicated page for Dynamic Aerospace Systems SEC filings (Ticker: BRQL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Dynamic Aerospace Systems' SEC filings document its public-company transition from BrooQLy Inc. and its current disclosure profile as a Nevada emerging growth company focused on unmanned aerial systems. The record includes 8-K reports for corporate updates, Regulation FD disclosures, executive appointments, annual meeting results, amendments to charter terms and preferred stock designations.
Filings also address capital-structure matters, shareholder voting, Form S-1-related disclosure, annual reporting obligations and financial results. Exhibits and material-event reports describe UAV platform demonstrations, operating priorities, internal-control and reporting infrastructure, risk factors, and the governance framework supporting the company's aerospace and drone business.
Dynamic Aerospace Systems Corporation entered into a Securities Purchase Agreement for a private placement of up to $750,000 in common stock and warrants. This financing is structured in tranches negotiated individually with investors.
At the initial closing on June 18, 2026, the company sold 357,143 shares of common stock and warrants to purchase up to 535,715 additional shares to The Aeon Group, Inc. for $75,000. The two-year warrants carry a $0.30 exercise price and may be exercised on a cashless basis under certain registration conditions. The securities were issued under the Section 4(a)(2) private offering exemption.
Dynamic Aerospace Systems Corporation files a prospectus supplement to its Form S-1 registering up to 52,530,000 shares of common stock and attaches its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. The supplement supersedes inconsistent statements in the Prospectus and updates offerings information.
The attached Form 10-Q shows no revenue for the quarter, a net loss of $1,051,493, cash of $46,463, and a working capital deficit of $3,057,323. Management discloses substantial doubt about the company’s ability to continue as a going concern and describes recent asset acquisitions, multiple convertible financings, an Equity Line of Credit, outstanding derivative liabilities, RSU awards, and warrant positions.
Dynamic Aerospace Systems reported a GAAP net loss of approximately $1.05 million for the quarter ended March 31, 2026. A large portion of this loss came from non-cash items such as $399,000 of stock-based compensation, $192,000 of amortization of debt discount, and other amortization and depreciation charges.
After adjusting for non-cash items and about $27,000 of non-recurring legal and accounting costs, management estimates an adjusted operational loss of roughly $773,000, or about $258,000 per month, reflecting efforts to cut overhead and focus spending on core initiatives. The company also advanced a capital markets strategy, including work toward a potential future uplisting.
DAS expanded its intellectual property with ten recent patent filings covering autonomous drone delivery, UAV docking and capture systems, tactical indoor drones, swarm coordination, and related technologies. It intensified sales and demonstration activities with U.S. Air Force engagements, public safety agencies, an Arizona multi-agency drone expo, the AUVSI XPONENTIAL event, and an international Japanese defense and aerospace delegation.
Dynamic Aerospace Systems Corporation reported first-quarter 2026 results showing continued investment with no revenue and a wider loss. The company recorded a net loss of $1,051,493, driven by operating expenses of $1,265,131, including $429,251 of salaries and $399,266 of stock-based compensation.
Cash was $46,463 as of March 31, 2026, with a working capital deficit of $3,057,323 and notes payable of $739,628 (net of discounts). Management disclosed substantial doubt about the ability to continue as a going concern without additional capital, and the business remains pre-revenue while developing UAV and autonomous logistics platforms.
Dynamic Aerospace Systems, a U.S.-manufactured unmanned aerial systems company, will host a multi-agency Drone Demo Expo on April 30, 2026 in Phoenix in collaboration with the Arizona Department of Public Safety. The event will let law enforcement, fire, government, and international participants evaluate the company’s secure, domestically built UAV platforms in real-world scenarios.
Dynamic Aerospace Systems plans live demonstrations of three systems: the US-1 long-endurance multi rotor-copter with 90-minute flight times carrying a 5-pound payload; the G1 MKII long-range VTOL aircraft with operational ranges up to 1,100 miles; and the Mitigator indoor tactical drone, designed for confined spaces and capable of withstanding wall impacts at up to 20 mph while supporting less-than-lethal payloads. The company views this expo as a way to accelerate agency evaluation cycles and support potential future deployments across public safety and government applications.
Dynamic Aerospace Systems Corporation files a Post-Effective Amendment No. 1 to a Form S-1 registering resale of 52,530,000 shares of common stock for certain selling stockholders. The registration covers shares issued or issuable under a Note Purchase Agreement (including up to 15,000,000 shares on conversion), a warrant for 330,000 shares, an Equity Purchase Agreement (up to 25,000,000 Advance Shares plus 600,000 Commitment Shares), 1,600,000 AGP-issued warrants, and 10,000,000 already-issued shares.
The filing states the company is an emerging growth company trading on the OTCQB as BRQL (closing price $0.29 on April 20, 2026), discloses detailed commercial and regulatory plans for its UAV platforms (US-1, G1-VTOL, Mitigator), lists provisional patents, and describes equity funding arrangements with Platinum Point Capital (authority to purchase up to $15,000,000 of shares). The registrant’s independent auditor included an explanatory paragraph expressing substantial doubt about the company’s ability to continue as a going concern.
HAIL JEFFREY reported acquisition or exercise transactions in this Form 4 filing.
Dynamic Aerospace Systems Corp director and chief operating officer Jeffrey Hail received an award of 1,500,000 restricted stock units (RSUs) of common stock. The grant was made at no cash cost per unit and represents equity-based compensation rather than an open-market share purchase.
The RSUs vest over time: 10% on December 12, 2026, 30% on December 12, 2027, and the remaining 60% on December 12, 2028. Each vested RSU entitles Hail to receive one share of common stock, with settlement scheduled six months after each vesting date. Following this grant, his reported direct holdings from this award total 1,500,000 RSUs, none of which had vested as of this Form 4.
Kantrowitz Ian reported acquisition or exercise transactions in this Form 4 filing.
Dynamic Aerospace Systems Corp vice president and 10% owner Ian Kantrowitz received a grant of 1,500,000 restricted stock units (RSUs). The award was made at a stated price of $0.00 per unit as equity compensation.
The RSUs vest over three years: 10% on December 12, 2026, 30% on December 12, 2027, and the remaining 60% on December 12, 2028. Each RSU represents the right to receive one share of common stock, to be settled in shares six months after each vesting date. None of the RSUs had vested as of this Form 4, and reported direct holdings after the grant were 1,500,000 RSUs.
RIGNEY SHANNON LEE reported acquisition or exercise transactions in this Form 4 filing.
DYNAMIC AEROSPACE SYSTEMS Corp director and vice president Shannon Lee Rigney reported an equity compensation award in the form of restricted stock units. The filing shows a grant of 1,500,000 RSUs, each representing a contingent right to receive one share of common stock.
The RSUs were granted on December 12, 2025 and vest over three dates: 10% on December 12, 2026, 30% on December 12, 2027, and the remaining 60% on December 12, 2028. None of the RSUs had vested as of this Form 4, and the award will be settled in common shares six months after each vesting date.