Every 10-Q that DYNAMIC AEROSPACE SYSTEM (BRQL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BRQL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BRQL filings page.
Dynamic Aerospace Systems Corporation, a pre-revenue UAV and autonomous logistics company, reported a net loss of $3,230,842 for the six months ended June 30, 2026, compared with $1,299,619 a year earlier. Total assets were $13.2 million, heavily concentrated in goodwill and UAV-related intangible assets, while cash fell to $7,605.
The company generated no revenue and incurred $3,005,021 of operating expenses, driven by higher salaries after the Vayu and GAC asset acquisitions and $958,163 of stock-based compensation from new RSU plans. Management disclosed a working capital deficit of $4,283,304 and stated there is substantial doubt about the ability to continue as a going concern without new capital.
Liquidity has been supported by issuing $1,479,522 of convertible and other notes (face value), equity private placements, and use of a $15 million Equity Line of Credit, under which 187,082 shares were sold for net proceeds of $92,356. These financings created $771,242 of derivative liabilities tied to variable-price conversion features and significant discounts and day-one financing losses. The company operates two segments, Dynamic Aerospace Systems (UAV OEM) and Dynamic Deliveries (autonomous logistics networks), but remains in the investment and scaling phase.
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.
BrooQLy Inc. (BRQL) reported Q3 2025 results. The company posted a quarterly net loss of $1,320,750 on $0 revenue, with operating expenses of $1,104,192. For the nine months, net loss was $2,620,369. Cash was $17,269 at September 30, 2025.
Management disclosed a working capital deficit of $1,327,439 and stated there is substantial doubt about the company’s ability to continue as a going concern without additional capital. Total assets were $16,324,916, driven by $12,734,680 goodwill and $2,025,251 of intangibles from the April 2025 acquisitions of Vayu and GAC, which established two segments: Dynamic Aerospace Systems and Dynamic Deliveries.
Financing activity included a $495,000 secured convertible note on July 1 (10% interest; warrant for 330,000 shares at $1.50), a $138,000 secured convertible note on September 23 (10% interest; warrants for 120,000 shares and 18,000 shares issued; recorded a day-one financing loss of $82,609), and a $58,000 promissory note on September 2. The company also signed a $15,000,000 Equity Line (ELOC) requiring S‑1 effectiveness; a $450,000 commitment fee (598,404 shares) was recorded as a deferred offering cost.