QXL · XBRL financial data

Quantum X Labs 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

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

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	—	—	96,603	79,613	26,941	—
Revenue from contracts with customers	96	41	96,603	79,613	26,941	—
Cost of revenue	5	—	—	—	—	—
Gross profit	91	41	—	—	—	—
Research and development	108	64	3,255	2,893	1,879	69
General and administrative	437	304	2,157	2,877	2,268	1,625
Total operating expenses	545	395	—	—	—	—
Other operating income (expense)	—	—	—	—	34	(814)
Operating income (loss)	(454)	(354)	2,726	(7,472)	(11,555)	(2,184)
Other income (expense)	—	—	—	(1,281)	(2,764)	(11,253)
Income tax expense (benefit)	2	2	153	(66)	(213)	(39)
Net income (loss)	(443)	(386)	28	(7,323)	(12,053)	(19,285)
Earnings per share, basic USD per share	—	0.02	0.00	(0.49)	2.69	2.28
Earnings per share, diluted USD per share	—	—	0.00	(0.49)	2.69	2.28
Weighted average shares, basic thousands of shares	—	14,784	14,784	14,866	4,476	8,474
Weighted average shares, diluted thousands of shares	—	15,045	15,045	14,866	4,476	8,474

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

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	148	74	4,196	1,774	624	1,018
Accounts receivable	15	8	20,945	11,359	1,832	315
Total current assets	225	156	29,841	17,805	7,752	1,652
Property and equipment, net	—	334	302	245	27	56
Right-of-use asset	—	569	486	397	—	—
Goodwill	—	12,483	17,361	12,254	4,579	6,392
Total assets	225	156	63,695	43,282	22,074	10,757
Accounts payable	—	16,676	19,782	12,359	5,935	1,204
Accrued liabilities	—	6,185	5,511	3,006	1,884	442
Current portion of long-term debt	—	—	1,500	1,440	3,064	781
Total current liabilities	2,303	2,436	28,522	19,773	12,929	4,063
Long-term debt	—	4,270	2,881	3,064	496	586
Lease liability, non-current	—	491	388	304	—	—
Accumulated deficit	(15,154)	(15,540)	(3,338)	(10,661)	(22,714)	(46,047)
Total stockholders' equity	(2,078)	(2,280)	22,015	14,818	5,771	4,989
Total liabilities and equity	225	156	63,695	43,282	22,074	10,757
Common shares outstanding (cover page) thousands of shares	34,754	34,754	14,784	14,921	5,297	13,336

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

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(443)	(386)	28	(7,323)	(12,053)	(19,285)
Stock-based compensation	—	(43)	71	135	68	75
Net cash from operating activities	(53)	(74)	3,237	934	1,543	—
Purchases of property and equipment	—	311	58	16	1	—
Net cash from investing activities	13	(10,765)	(74)	(16)	(1)	—
Proceeds from issuing common stock	49	—	—	—	—	—
Dividends paid	—	—	73	130	—	—
Proceeds from long-term debt	—	6,000	—	1,500	—	—
Repayments of long-term debt	—	230	1,389	1,811	510	3,755
Net cash from financing activities	99	8,277	(4,224)	(3,376)	(2,783)	—
Net change in cash	59	(74)	(1,061)	(2,458)	(1,241)	356

SIC 7372 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7372 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.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Quantum X Labs	2,435	293	not reported	21.6M	—	Q2 FY26 10-QJun 30, 2026
Fdctech	18,185	17,473	(56,928)*	122.8M	0.3 quarters	Q2 FY26 10-QJun 30, 2026
AppTech Payments	183	1,657	(776)*	42.0M	0.2 quarters	Q2 FY26 10-QJun 30, 2026
CXApp	11,675	1,694	(2,245)*	116.9M	5.2 quarters	Q2 FY26 10-QJun 30, 2026
Jingbo Technology	48	256	(295)*	555.3M	0.1 quarters	Q2 FY27 10-QAug 31, 2026
Bridgeline Digital	1,465	3,922	155*	12.6M	—	Q3 FY26 10-QJun 30, 2026
Cyberloq Technologies	50	not reported	(57)*	146.1M	0.9 quarters	Q2 FY26 10-QJun 30, 2026
zSpace	856	5,396	(1,960)*	37.1M	0.4 quarters	Q2 FY26 10-QJun 30, 2026
Aware	2,428	4,417	(1,431)*	21.9M	1.1 quarters	Q3 FY26 10-QSep 30, 2026

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