Here are the 10-K annual reports from QuoteMedia Inc (QMCI) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow QMCI 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 QMCI filings page.
QuoteMedia, Inc. reports growing revenue but ongoing losses and liquidity pressure for the year ended December 31, 2025. Total licensing revenue rose 8% to $20,253,917, driven by 11% growth in portfolio management systems and 5% growth in interactive content and data APIs.
Cost of revenue increased to $10,773,983, keeping gross margin steady at 47% and gross profit at $9,479,934. Operating expenses climbed 14% to $11,579,142, mainly from higher software development expense as fewer salaries were capitalized, leading to a wider net loss of $2,317,424 versus the prior year.
Management highlights substantial doubt about the company’s ability to continue as a going concern, citing an accumulated deficit of $23,505,303, cash of $319,889, and a working capital deficit of $4,369,484. The company may need additional financing and continues to face competitive and macroeconomic risks even as it expands its QMod, Quotestream, and data feed offerings.