Here are the 10-K annual reports from QUARTA-RAD INC (QURT) 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 QURT 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 QURT filings page.
Quarta-Rad, Inc. filed its annual report, showing a small AI software company in transition but still under severe financial strain. 2025 revenue rose to $244,955 from $106,797, mainly from its Sellavir subsidiary, yet net loss widened to $256,929. The auditor issued a going concern warning as cash was only $72,909 and working capital showed a $216,617 deficit.
The legacy radiation detector business is being wound down, with strategy now focused on Sellavir’s CenterEye AI call-center platform and a new Independent Software Vendor Partner Agreement with Genesys Cloud. However, about 96% of 2025 revenue came from a single related-party customer, Star Systems Corporation, and management disclosed material weaknesses in internal control. Insiders control roughly 96% of the stock, leaving a very thin float and heightening volatility risk for public shareholders.