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Quarta-Rad, Inc., through its subsidiary Sellavir Inc., has entered into an Independent Software Vendor (ISV) Partner Agreement with Genesys Cloud Services, Inc..
This agreement will make Sellavir a participant in the Genesys AppFoundry Program, which is intended to enable integration of Sellavir’s proprietary contact center technologies into the Genesys Cloud platform. The disclosure is furnished under Regulation FD and is described as forward-looking, with outcomes subject to various risks and uncertainties referenced in the company’s SEC filings.
Quarta-Rad, Inc. reported a governance change as its board appointed Dmitry Choulindin as a director, effective immediately on February 18, 2026. He has been the company’s Director of Operations since December 2016 and also works as an interpreter for several organizations.
The company disclosed that Choulindin is the half-brother of Chief Executive Officer Victor Shvetsky and stated there are no related party transactions requiring disclosure under Regulation S-K Item 404(a). His compensation terms for serving as a director have not yet been finalized.
Quarta-Rad, Inc. (QURT) reported Q3 2025 results. Net revenue was $62,469 and net loss was $66,641. The quarter was driven by Sellavir service revenue of $60,000, while the legacy Quarta-Rad hardware business contributed $2,469. Operating expenses rose to $94,747, including $55,656 of stock-based compensation.
For the nine months ended September 30, 2025, net revenue totaled $162,686 and net loss was $216,145. Segment results show Quarta-Rad revenue of $7,686 and Sellavir revenue of $155,000 for the period. Cash was $33,108 as of September 30, 2025, with a working capital deficit of $228,153. Stockholders’ equity was $109,110, and 15,899,483 shares were outstanding as of November 13, 2025.
Management disclosed substantial doubt about the company’s ability to continue as a going concern due to recurring losses and limited revenues. The company is shifting focus toward Sellavir’s AI-driven call center software, CenterEye, and disclosed related-party loans and revenues consistent with prior operations.