Every 10-Q that QHSLAB, INC (USAQ) 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 USAQ 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 USAQ filings page.
QHSLab, Inc. (USAQ) reported higher revenues and improved margins for the three and six months ended June 30, 2026, while still posting a year-to-date loss and facing going concern uncertainty. Revenue was $847,490 for Q2 2026 and $1,576,175 for the first half of 2026, up from $605,446 and $1,250,865 in 2025, driven mainly by a more than doubling of Integrated Service Program (ISP) revenue. Gross margin rose to 69.6% in Q2 and 67.3% for the first half. Q2 delivered net income of $38,030, but the company recorded a $65,876 net loss for the six-month period and has an accumulated deficit of $3,969,427. Cash declined to $317,392 from $636,157 as the company used cash to fund operations and repay debt, eliminating loans and a convertible note, which sharply reduced interest expense. Management discloses substantial doubt about the company’s ability to continue as a going concern and reports that disclosure controls and procedures remain ineffective due to limited personnel and internal control weaknesses.
QHSLab, Inc. reports Q1 2026 results with revenue of $728,685, up from $645,419 a year earlier, and a net loss of $103,906. Growth was driven by its Integrated Service Program, whose revenue more than doubled year over year.
Gross profit rose to $470,803, though gross margin slipped from 66.6% to 64.6% as newer service offerings carry higher delivery costs. Cash was $362,088 against current liabilities of $368,005, and operating activities used $200,242 in cash for the quarter.
The company ended the period with an accumulated deficit of $4,007,457 and explicitly states that these losses and its revenue level raise substantial doubt about its ability to continue as a going concern without improved cash flow or additional financing.
QHSLab, Inc. reported Q3 2025 results. Revenue was $737,066, up from $544,285 a year ago, with gross profit of $493,631 and a steady gross margin of 67.0%. Quarterly net income was $33,411, while for the nine months year‑to‑date the company recorded a net loss of $99,156 on revenue of $1,987,931 and gross margin of 66.5%.
Operating expenses rose to support growth, led by higher sales and marketing and increased R&D tied to the QHSLab platform. Cash was $158,391 as of September 30, 2025, against total current liabilities of $2,345,536. Accounts receivable, net, were $210,131.
The company disclosed substantial doubt about its ability to continue as a going concern. It is in default on an acquisition promissory note with $461,127 of principal and accrued interest outstanding, and received default notices on two OID convertible notes with remaining principal balances of $646,841 and $462,306; default interest is accruing at 18%. On November 13, 2025, shares outstanding were 11,281,527. Management notes continued efforts to grow Integrated Service Program revenues and to discuss note terms with the current holder.