Every 8-K 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 8-K covers material events a company has to report between its quarterly 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 (BRQL) reported a GAAP net loss of $2.18 million for the quarter ended June 30, 2026. Management highlighted that a substantial portion of this loss reflects non-cash accounting items, including depreciation and amortization, stock-based compensation, amortization of debt discount, and financing-related accounting costs, partially offset by a $105,000 non-cash gain from the fair value adjustment of derivative liabilities.
After adjusting for these non-cash items, management presents a non-GAAP Adjusted Operational Loss of $1.12 million, and, after further normalizing for $27,800 of S-1 registration and uplisting-related expenses, an Adjusted Operational Loss, as normalized of $1.09 million, or about $363,733 per month. The company links this cash utilization to expanded operations following 2025 asset acquisitions and a larger team focused on customer engagement, demonstrations, IP development, and sales.
Operationally, Dynamic Aerospace Systems advanced its UAV platforms through deliveries of Breacher/Mitigator systems to the Arizona Department of Public Safety, integration of Unusual Machines NDAA-compliant components, new provisional patents, and a partnership with Flightbox for autonomous medical drone logistics. The company is also investing in S-1 registration and a potential future uplisting to a national exchange, such as NYSE American, aiming to strengthen its capital-markets position and institutional visibility.
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 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, 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 reported a 2025 net loss of $7.79 million, with an accumulated deficit of $9.79 million and a working capital deficit of $2.81 million. Management explains that about $4.87 million of the loss reflects non-cash items such as goodwill impairment, amortization, stock-based compensation, and other accounting charges, plus roughly $158,000 of non-recurring acquisition and S-1 related costs.
The company estimates its cash burn in 2025 averaged about $224,000 per month, or roughly $2.7 million for the year, which it views as a better indicator of operating intensity than accounting loss. Strategically, Dynamic Aerospace is pursuing a dual-engine model: near-term revenue from U.S.-based UAV manufacturing and longer-term recurring revenue from its Dynamic Deliveries autonomous logistics platform.
Leadership highlights supportive defense and regulatory trends favoring scalable, NDAA-compliant UAS/UAV systems and positions its Fortis-class and other UAV platforms to serve defense, public safety, logistics, and enterprise markets. Priorities for 2026 include converting products and logistics services into revenue, advancing regulatory approvals, strengthening the balance sheet, pursuing a potential NYSE listing, and preparing for the next phase of growth.
Dynamic Aerospace Systems Corporation appointed Robin Hoops, CPA-CA, as Chief Financial Officer effective March 16, 2026, after serving as interim CFO since January 20, 2026. She brings over 20 years of accounting, finance, treasury, reporting, and audit experience across U.S. and Canadian public and private companies.
Her compensation includes an annual base salary of $185,000 for the first six months, increasing to $200,000 thereafter, plus a grant of 500,000 restricted stock units, with vesting terms to be set. The company is finalizing a definitive employment agreement, and confirms she has no related-party or Item 404(a) relationships.
Dynamic Aerospace Systems Corporation adopted two new preferred stock series and finalized its corporate name change. The company created 25,000,000 shares of Series A.1 Preferred Stock with a stated value of $0.015 per share, 10:1 voting rights, a liquidation preference ahead of common stock, and conversion into three common shares per preferred share at the holder’s discretion.
The company also designated 25,000,000 shares of Series D.1 Preferred Stock with a par value of $0.0001 per share, 1:1 voting rights, and conversion into one common share per preferred share beginning six months after issuance. Both series require majority holder approval to change their rights and are not subject to reverse stock splits. Separately, the company corrected its legal name in Nevada to Dynamic Aerospace Systems Corporation after previously operating as BrooQLy Inc.
Dynamic Aerospace Systems (BrooQL Inc.) has appointed Robin Hoops, CPA-CA, as Interim Chief Financial Officer, effective January 20, 2026. She brings over 20 years of experience in accounting, finance, treasury, SEC reporting, and senior management for both private and public companies in Canada and the United States.
The company highlights her background in complex technical accounting, internal controls, and work with private equity-backed businesses. Her appointment is intended to strengthen financial leadership and support efforts to enhance internal controls, policies, procedures, and public company readiness, including preparation for a potential uplisting to a national securities exchange. The company has not yet finalized her compensation arrangements and plans to disclose those terms in a later filing.
Dynamic Aerospace Systems, Inc., formerly BrooQLy Inc., reports on its transformation into a defense- and government-focused unmanned aerial systems platform following majority ownership acquired by Aerospace Capital Partners on February 25, 2025. The company secured a two-year reservation of the “DAS” ticker symbol with the New York Stock Exchange and had a Form S-1 related to a $15 million equity line of credit declared effective on December 19, 2025 to support a planned NYSE uplisting.
In 2025, the company demonstrated multiple UAV platforms, including Overwatch, Sentinel, Mitigator and its Fortis Class series, to U.S. Air Force Global Strike Command and municipal public safety agencies, and submitted a proposal in January 2026 to the Drone Dominance Rapid Solution Program. DAS filed seven new patent applications in 2025 and remains pre-revenue while targeting future income from UAV sales, government contracts, drone-as-a-service offerings, licensing, and custom integrations across U.S. and international markets.
BrooQLy Inc., d/b/a Dynamic Aerospace Systems, reported results of its 2025 annual shareholder meeting held on December 11, 2025. Shareholders elected six directors to serve until the 2026 annual meeting and ratified RBSM LLP as independent public accounting firm for the year ending December 31, 2025. A total of 19,730,584 common shares, about 77% of those outstanding, and 19,825,288 preferred shares were represented, establishing a quorum.
Investors approved a corporate name change to Dynamic Aerospace Systems and authorized the board to implement a reverse stock split of common and Class B common shares at a ratio between 1-for-1.5 and 1-for-20, at the board’s discretion. They also approved a Restricted Stock Unit (RSU) Executive Plan and a separate RSU Plan, enabling equity-based compensation. The filing highlights a complex capital structure, including Series A preferred with 10 votes per share and Series B preferred that collectively carry 200% of the total voting power of all other outstanding shares, concentrating voting control with the Series B holders.