QIND · XBRL financial data

Quality Industrial financial statements, every fiscal year

The same tables from 10 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

CSV

Fiscal years (QIND's year ends in late December)

In thousands of dollarsDec 31, 2021Dec 31, 2022Jun 30, 2023Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue—65,604————
Revenue from contracts with customers————11,17816,308
Cost of revenue—43,932——7,21411,519
Gross profit—21,672——3,9634,789
Research and development4,843—1911—
Selling, general and administrative33211,216————
General and administrative33211,2164,2882,3892,4304,874
Total operating expenses5,17511,471—2,7043,2805,246
Other operating income (expense)—457—0——
Operating income (loss)(5,175)10,201—(2,704)683(457)
Interest expense4(3,840)—99582
Other income (expense)0720——428322
Income tax expense (benefit)———0156165
Net income (loss)(5,180)6,773—(4,162)(523)(5,444)
Earnings per share, basic USD per share—0.00—(0.03)0.00(0.03)
Earnings per share, diluted USD per share(0.05)0.07—(0.03)0.00(0.03)
Weighted average shares, basic thousands of shares95,119102,884—114,666128,571157,406
Weighted average shares, diluted thousands of shares—102,884—127,380128,571157,406

Balance sheet

CSV

Fiscal years (QIND's year ends in late December)

In thousands of dollarsDec 31, 2021Dec 31, 2022Jun 30, 2023Dec 31, 2023Dec 31, 2024Dec 31, 2025
Cash and cash equivalents161,3131,7082226427
Accounts receivable—37,83660,409—3,2065,307
Inventory—1,20360,409—1,224201
Prepaid and other current assets010—2,354259210
Total current assets16111,602116,6872,3577,4677,039
Property and equipment, net————49499
Right-of-use asset————203370
Goodwill——56,387—8,4118,411
Total assets226200,692205,2038,85718,10916,619
Accounts payable05441,0101672,1171,158
Accrued liabilities2071,2062,290———
Total current liabilities595144,686143,6475,78211,36416,753
Total deposits—1,5036,613———
Lease liability, non-current—13,697——133230
Total liabilities595173,815171,9998,11316,11218,304
Accumulated deficit(12,763)(9,438)(7,455)(16,633)(17,227)(22,671)
Total stockholders' equity(369)3,23533,204743——
Total liabilities and equity226200,692205,2038,85718,10916,619
Common shares outstanding (cover page) thousands of shares98,288102,884114,877128,027140,430193,267

Cash flows

CSV

Fiscal years (QIND's year ends in late December)

In thousands of dollarsDec 31, 2021Dec 31, 2022Jun 30, 2023Dec 31, 2023Dec 31, 2024Dec 31, 2025
Net income (loss)(5,180)6,773—(4,162)(523)(5,444)
Stock-based compensation4,720——2,233——
Net cash from operating activities(409)44,447—2,4811,155(2,588)
Purchases of property and equipment—————300
Net cash from investing activities—(88,880)—(5,500)(6)(1,377)
Proceeds from issuing common stock110279—2,0003040
Proceeds from long-term debt—28,029————
Net cash from financing activities40545,730—3,018(926)4,166
Net change in cash(4)1,297————

Compare with peers

SIC 3590 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen
  • SIC 3590 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.
  • Fewer than three companies fall in that range, so the list adds same-SIC (3590) companies nearest in public float, each marked “added: same SIC”.
  • Runway shows only for companies burning cash with under $10B of public float.
  • * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
CompanyCash ($K)Revenue, quarter ($K)Operating cash flow, quarter ($K)Shares outstandingRunwayQuarter
Quality Industrial1503,534(31)*193.3M4.8 quarters 10-QJun 30, 2026
Rain Enhancement Technologies Holdcoadded: same SIC330*(1,025)*not reported0.0 quarters 10-QJun 30, 2026
Liqtech Internationaladded: same SICnot reported4,364(3,096)*32.9M— 10-QJun 30, 2026
NightFood Holdingsadded: same SIC3502,446*(2,836)*545.3M0.1 quarters 10-KJun 30, 2026
Concrete Leveling Systemsadded: same SIC1.10.8(19)*14.0M0.1 quarters 10-QApr 30, 2026
VenHub Globaladded: same SIC2,56387(3,633)*91.4M0.7 quarters 10-QJun 30, 2026
Enerpac Tool Groupadded: same SIC174,700185,732*60,937*51.3M— 10-KAug 31, 2026
Moogadded: same SIC66,8211,116,545160,095*not reported— 10-QJun 27, 2026
Curtiss Wrightadded: same SIC477,149924,008181,183*36.9M— 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.