BRQSF · XBRL financial data
Borqs Technologies financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (BRQSF's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | †Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 26,751 | 29,561 | 52,537 | 32,046 | 27,713 | 13,602 |
| Cost of revenue | 25,155 | 26,955 | 41,421 | 23,953 | 21,927 | 13,102 |
| Cost of goods and services sold | 9,691 | 9,429 | 6,149 | — | — | — |
| Gross profit | 1,596 | 2,606 | 11,116 | 8,093 | 5,786 | 500 |
| Research and development | 8,162 | 5,294 | 4,524 | 4,896 | 2,321 | 3,526 |
| Selling, general and administrative | 102 | — | — | — | — | — |
| General and administrative | 33,304 | 24,624 | 7,186 | 13,012 | 6,465 | 14,164 |
| Total operating expenses | 42,216 | 30,120 | 12,051 | 18,402 | 9,320 | 17,894 |
| Other operating income (expense) | — | 247 | 148 | 22 | 396 | — |
| Operating income (loss) | (40,620) | (27,267) | (787) | (10,287) | (3,138) | (17,394) |
| Interest income | 5 | 4 | 47 | 63 | 9 | 9 |
| Interest expense | 3,795 | 11,956 | 11,732 | 700 | 770 | — |
| Income tax expense (benefit) | 406 | (445) | 59 | (1,005) | 8 | 5 |
| Net income (loss) | (35,502) | (56,602) | (38,861) | (26,467) | 16,697 | 5,365 |
| Earnings per share, basic USD per share | (0.80) | (0.47) | (1.48) | (2.03) | 0.55 | 0.16 |
| Earnings per share, diluted USD per share | (0.80) | (0.47) | (1.48) | (2.03) | 0.55 | 0.16 |
| Weighted average shares, basic thousands of shares | 44,515 | 117,932 | 22,951 | 13,059 | 30,462 | 32,950 |
| Weighted average shares, diluted thousands of shares | 44,515 | 117,932 | 22,951 | 13,059 | 30,462 | 32,950 |
- † Share count changed about 1/2 in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (BRQSF's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | †Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 3,044 | 7,714 | 11,305 | 1,047 | 2,032 | 2,615 |
| Short-term investments | — | — | — | — | — | 4,888 |
| Accounts receivable | 944 | 2,262 | 3,482 | 2,363 | 116 | 156 |
| Inventory | 2,675 | 7,190 | 4,235 | 3,556 | — | — |
| Prepaid and other current assets | 17,165 | 13,833 | 7,501 | 7,652 | 6,747 | 847 |
| Total current assets | 23,865 | 31,210 | 27,991 | 18,140 | 23,355 | 8,506 |
| Property and equipment, net | 152 | 733 | 1,024 | 845 | 7 | 7 |
| Right-of-use asset | 707 | 1,674 | 704 | 2,402 | 216 | 41 |
| Goodwill | — | 12,208 | — | 12,208 | 12,208 | 12,208 |
| Total assets | 29,352 | 53,252 | 30,143 | 21,432 | 25,409 | 8,554 |
| Accounts payable | 12,992 | 10,203 | 7,071 | 6,853 | 5,388 | 22 |
| Current portion of long-term debt | 12,975 | — | — | — | — | — |
| Total current liabilities | 86,811 | 64,391 | 37,940 | 33,019 | 26,916 | 1,578 |
| Lease liability, non-current | 374 | 754 | 39 | 1,533 | — | — |
| Total liabilities | 91,593 | 70,538 | 41,295 | 35,864 | 29,007 | 1,608 |
| Accumulated deficit | (215,175) | (271,040) | (305,072) | (331,539) | (314,842) | (309,477) |
| Total stockholders' equity | (62,128) | (23,246) | (10,794) | (13,620) | (3,405) | 6,730 |
| Total liabilities and equity | 29,352 | 53,252 | 30,143 | 21,432 | 25,409 | 8,554 |
| Common shares outstanding (cover page) thousands of shares | 59,943 | 162,167 | 57,183 | 28,866 | 28,970 | 45,470 |
- † Share count changed about 1/2 in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (BRQSF's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | †Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (35,502) | (56,602) | (38,861) | (26,467) | 16,697 | 5,365 |
| Stock-based compensation | 3,002 | 7,937 | 2,782 | 6,817 | 5 | 2,436 |
| Depreciation and amortization | 149 | 123 | 376 | 424 | 403 | 19 |
| Net cash from operating activities | (8,059) | (28,738) | (5,523) | (6,789) | (2,769) | (27,899) |
| Purchases of property and equipment | 72 | 781 | 718 | 250 | 114 | 37 |
| Net cash from investing activities | 3,959 | (998) | (3,371) | (5,010) | 9,895 | 25,139 |
| Proceeds from long-term debt | 1,250 | — | — | — | — | — |
| Repayments of long-term debt | — | 111 | 1 | — | — | — |
| Net cash from financing activities | (1,355) | 34,269 | 14,900 | 1,842 | (4,050) | (411) |
| Net change in cash | (5,227) | 4,844 | 3,412 | (10,264) | 2,485 | (943) |
- † Share count changed about 1/2 in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 7373 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7373 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
- A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Borqs Technologies | 2,615 | year only | year only | 45.5M | — | 20-FDec 31, 2025 |
| Agilysys | 137,558 | 93,360 | 15,173* | 28.2M | — | 10-QSep 30, 2026 |
| Asure Software | 16,780 | 40,022 | 5,630* | 30.2M | — | 10-QSep 30, 2026 |
| Aurora Innovation | 141,000 | 3,000 | (170,000)* | not reported | 0.7 quarters | 10-QSep 30, 2026 |
| Brand Engagement Network | 708 | 57 | (1,884)* | 7.5M | 0.4 quarters | 10-QJun 30, 2026 |
| Caci International | 279,389 | 2,474,597 | 161,314 | 22.2M | — | 10-QSep 30, 2026 |
| Check-Cap | 2 | not reported | year only | 7.0M | — | 20-FDec 31, 2025 |
| Creative Realities | 10,703 | not reported | 2,726* | 13.5M | — | 10-QJun 30, 2026 |
| CSP | 24,666 | 14,398 | 447* | 10.1M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.