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Q/C Technologies, Inc. 10-Q Filings

QCLS NASDAQ

Every 10-Q that Q/C Technologies, Inc. (QCLS) 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 QCLS 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 QCLS filings page.

Rhea-AI Summary

Q/C Technologies, Inc. reported a significantly larger loss while remaining pre‑revenue for the quarter and six months ended June 30, 2026. Net loss was $6.6 million for the quarter and $7.9 million year‑to‑date, compared with $1.8 million and $2.9 million in the prior‑year periods, driven by a $3.2 million impairment of its LightSolver technology license and a sharp increase in stock‑based compensation.

Total assets declined to $22.9 million from $41.2 million at year‑end as the technology license was written off and marketable securities fell to $10.7 million. Cash and cash equivalents were $307,612, with another $10.7 million in marketable securities; operating cash outflow for the first half was $5.1 million. Total liabilities were relatively low at $3.8 million, and a $10.9 million contingent consideration tied to the LightSolver agreement was eliminated after the license termination, reducing non‑current obligations.

The company has refocused from the terminated LightSolver blockchain license to developing its own optical processing unit and silicon photonic AI architecture. Management states that existing cash, securities, and expected cash usage are sufficient to meet obligations for at least twelve months from issuance. Common shares outstanding were 8,189,838 as of August 12, 2026, alongside several series of convertible preferred stock recorded in mezzanine equity.

Rhea-AI Summary

Q/C Technologies, Inc. reported a net loss of $1,242,777 for the three months ended March 31, 2026, reflecting its pre-revenue status as it invests in a new computing-focused business model. Net loss attributable to common stockholders was $1,528,448, or $0.19 per share, compared with $0.36 per share a year earlier.

The company generated no product revenue, with expenses led by general and administrative costs of $1,066,650 and research and development of $510,534. Favorable non-cash items, including a $510,000 gain from changes in derivative liabilities and investment income, reduced the operating loss.

As of March 31, 2026, Q/C Technologies held cash of $1,127,619 and marketable securities of $11,847,305, total assets of $38,291,383, and stockholders’ equity of $20,719,606. Management notes these resources, plus prior capital raises, are expected to fund operations and obligations for at least twelve months. The company has transitioned from pharmaceuticals to energy-efficient blockchain, cryptocurrency infrastructure, and quantum-class laser-based computing based on its exclusive license with LightSolver.

Rhea-AI Summary

Q/C Technologies, Inc. (QCLS) reports Q3 2025 results showing a smaller net loss while reshaping its business. For the nine months ended September 30, 2025, the company recorded a net loss of $5,732,326, compared with $21,295,080 a year earlier. After preferred dividends of $2,691,767, the loss attributable to common stockholders was $8,424,093.

Total assets rose to $37,231,786 from $21,421,084, driven by a $14,086,999 technology license and $10,498,539 of goodwill, reflecting its shift toward energy-efficient blockchain and quantum-class laser-based computing. Cash increased to $6,904,185, and marketable securities were $3,091,772 as of September 30, 2025.

The capital structure is complex, with multiple preferred stock series. Mezzanine equity totaled $6,997,894, stockholders’ equity was $14,320,390, and there were 2,977,672 common shares outstanding at September 30, 2025 and 4,166,760 as of November 17, 2025. The company closed the acquisition of LPU Holdings LLC and is executing an exclusive licensing agreement with LightSolver Ltd. to deploy its qc-LPU100™ computing units.