Q/C Technologies, Inc. (QCLS) Income Statement
QCLS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsQCLS revenue and net income
QCLS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
QCLS quarterly EPS vs estimates
Next report: November 18, 2026.
QCLS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | $0 | $0 | $0 | $0 | $0 | $29,452 |
| Gross profit | $0 | $0 | $0 | $0 | $0 | −$29,452 |
| Research & development | $3.5M | $3.4M | $7.9M | $9.1M | $6.7M | $2.5M |
| Sales, general & admin | $5.9M | $5.2M | $8.5M | $6.2M | $21.5M | $5.8M |
| Total operating expenses | $9.8M | $10.2M | $17.1M | $15.3M | $28.8M | $9.5M |
| Operating income | −$9.8M | −$10.2M | −$17.1M | −$15.3M | −$28.8M | −$9.5M |
| Interest income | $225,388 | $351,809 | $455,570 | $83,991 | $8,907 | — |
| Interest expense | — | — | — | $0 | $608,460 | — |
| Income before taxes | −$11.6M | −$23.4M | −$4.0M | −$15.2M | −$29.9M | −$9.5M |
| Net income | −$11.6M | −$23.4M | −$4.0M | −$15.2M | −$29.9M | −$9.5M |
| EBITDA | −$11.6M | −$8.7M | −$16.4M | −$15.2M | −$29.3M | −$8.3M |
| EPS (diluted) | −$21.37 | −$1172.55 | −$438.66 | −$94.49 | −$362.03 | −$147.29 |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | $5,341 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — |
| Gross profit | −$5,341 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — |
| Research & development | $236,133 | $510,534 | $696,504 | $356,352 | $873,472 | $1.5M | $1.1M | $707,747 | $401,104 | $1.2M | $3.0M |
| Sales, general & admin | $3.4M | $1.1M | $3.0M | $967,833 | $999,151 | $926,321 | $1.1M | $1.1M | $1.5M | $1.6M | $1.9M |
| Total operating expenses | $6.8M | $1.9M | $3.7M | $1.8M | $1.9M | $2.5M | $2.2M | $1.8M | $3.4M | $2.8M | $4.9M |
| Operating income | −$6.8M | −$1.9M | −$3.7M | −$1.8M | −$1.9M | −$2.5M | −$2.2M | −$1.8M | −$3.4M | −$2.8M | −$4.9M |
| Interest income | $100,625 | $71,340 | $69,346 | $35,955 | $57,575 | $62,512 | $148,404 | $163,951 | $21,148 | — | — |
| Income before taxes | −$6.6M | −$1.2M | −$5.9M | −$2.8M | −$1.8M | −$1.1M | −$2.1M | −$1.9M | −$9.6M | −$9.8M | −$2.4M |
| Net income | −$6.6M | −$1.2M | −$5.9M | −$2.8M | −$1.8M | −$1.1M | −$2.1M | −$1.9M | −$9.6M | −$9.8M | −$2.4M |
| EBITDA | −$3.6M | −$1.2M | −$5.9M | $200,050 | −$1.8M | −$1.1M | −$2.1M | −$1.9M | −$1.9M | −$7.0M | $2.5M |
| EPS (diluted) | −$0.79 | −$0.19 | −$0.85 | −$2.50 | −$17.66 | −$0.36 | −$93.23 | −$110.99 | −$454.50 | −$513.84 | −$293.53 |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in QCLS's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
QCLS financial results
Q/C Technologies reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of $11.6 million. Diluted earnings per share came to −$21.37.
See the QCLS stock overview for the latest quote and news, or the QCLS chart for price history and technical indicators.
QCLS income statement FAQ
Does Q/C Technologies have revenue?
Q/C Technologies reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is Q/C Technologies profitable?
No. Q/C Technologies reported a net loss of $11.6 million in fiscal 2025.
How much does Q/C Technologies spend on research and development?
Q/C Technologies spent $3.5 million on research and development in fiscal 2025.
What are Q/C Technologies's earnings per share?
Q/C Technologies earned $-21.37 per diluted share in fiscal 2025, compared with $-1172.55 a year earlier.
When will Q/C Technologies report its next earnings?
Q/C Technologies is expected to report results for the quarter ending September 30, 2026 on November 18, 2026.
When does Q/C Technologies's fiscal year end?
Q/C Technologies's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.