QUANTUM X LABS INC.
For the period ended Mar 31, 2025. Filed May 14, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 14, 2025
QXL$3.31-2.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Interim Condensed Consolidated Balance Sheets (unaudited)
| As of March 31 · As of December 31 | |||
|---|---|---|---|
| Note | 2025 | 2024 | |
| ASSETS | |||
| CURRENT ASSETS | |||
| Cash and cash equivalents | 181 | 624 | |
| Restricted deposits | 59 | 58 | |
| Accounts receivable | 1,037 | 1,832 | |
| Loan to parent company | 3 | 4,013 | 3,981 |
| Other current assets | 1,224 | 1,257 | |
| Total current assets | 6,514 | 7,752 | |
| NON-CURRENT ASSETS | |||
| Deferred taxes | 48 | 56 | |
| Property and equipment, net | 129 | 27 | |
| Intangible assets, net | 5 | 10,017 | 9,552 |
| Goodwill | 5 | 9,704 | 4,579 |
| Total non-current assets | 19,898 | 14,214 | |
| Total assets | 26,412 | 21,966 | |
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INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Cont.)
| As of March 31 · As of December 31 | |||
|---|---|---|---|
| Note | 2025 | 2024 | |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | |||
| CURRENT LIABILITIES | |||
| Accounts payable | 4,957 | 5,935 | |
| Short-term loans | 7 | 2,928 | 2,310 |
| Current maturities of long-term loans | 7 | 2,902 | 3,064 |
| Embedded derivatives | 7,8 | 2,752 | 29 |
| Short-term convertible loans | 7 | 790 | 779 |
| Other payables | 1,027 | 812 | |
| Total current liabilities | 15,356 | 12,929 | |
| NON-CURRENT LIABILITIES | |||
| Long-term loans, net of current maturities | 7 | - | 496 |
| Deferred taxes | 1,221 | 1,034 | |
| Earn-out liability | 6 | 1,010 | - |
| Total non-current liabilities | 2,231 | 1,530 | |
| Commitments and Contingencies | 9 | - | - |
| SHAREHOLDERS’ EQUITY | |||
| Common stock of $0.0001 par value - Authorized: 490,000,000 shares; Issued and outstanding: 6,619,959 and 5,296,945 shares as of March 31, 2025, and December 31, 2024, respectively (*). | 3 | 3 | |
| Additional paid-in capital | 33,641 | 28,482 | |
| Accumulated deficit | (26,382) | (22,714) | |
| Equity attributed to shareholders of Viewbix Inc. | 7,262 | 5,771 | |
| Non-controlling interests | 1,563 | 1,736 | |
| Total equity | 8,825 | 7,507 | |
| Total liabilities and shareholders’ equity | 26,412 | 21,966 | |
| (*) | 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 10.D). |
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