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QUANTUM X LABS INC.

For the period ended Dec 31, 2024. Filed Mar 21, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 21, 2025

QXL$3.38-8.4%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Consolidated Balance Sheets

As of December 31 · As of December 31
Note20242023
ASSETS
CURRENT ASSETS
Cash and cash equivalents6241,774
Restricted deposits13A58149
Accounts receivable1,83211,359
Loan to parent company163,9813,752
Other current assets31,257771
Total current assets7,75217,805
NON-CURRENT ASSETS
Deferred taxes12164147
Property and equipment, net427245
Operating lease right-of-use asset5-397
Intangible assets, net69,55212,434
Goodwill64,57912,254
Total non-current assets14,32225,477
Total assets22,07443,282
As of December 31 · As of December 31
Note20242023
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable85,93512,359
Short-term loans102,3105,000
Current maturities of long-term loans103,0641,440
Embedded derivatives10,1129-
Short-term convertible loans10779-
Other payables9812889
Operating lease liabilities - short term5-85
Total current liabilities12,92919,773
NON-CURRENT LIABILITIES
Long-term loans, net of current maturities104963,064
Operating lease liabilities - long term5-304
Deferred taxes121,1421,517
Total non-current liabilities1,6384,885
Commitments and Contingencies13--
SHAREHOLDERS’ EQUITY14
Common stock of $0.0001 par value - Authorized: 490,000,000 shares; Issued and outstanding: 5,296,945 and 3,732,169 shares as of December 31, 2024, and December 31, 2023, respectively (*).33
Additional paid-in capital28,48225,476
Accumulated deficit(22,714)(10,661)
Equity attributed to shareholders of Viewbix Inc.5,77114,818
Non-controlling interests1,7363,806
Total equity7,50718,624
Total liabilities and shareholders’ equity22,07443,282
(*)Share and per share data in these financial statements have been retrospectively adjusted, for all periods presented, to reflect a number of shares that is equivalent to the number of shares of the Company post the Reverse Stock Split (see note 14.D).
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.