QS Energy Inc
For the period ended Jun 30, 2024. Filed Aug 9, 2024.
View on SEC.govAbout this filing
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.
Jun 30, 2024 · Filed Aug 9, 2024
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Condensed Consolidated Statement of Stockholders’ Deficit, Unaudited
For the three and SIX months Ended June 30, 2024
| Common Stock · Additional Paid-in · Accumulated · Total Stockholders’ | |||||
|---|---|---|---|---|---|
| Shares | Amount | Capital | Deficit | Deficit | |
| Balance, April 1, 2024 | 397,931,803 | $397,932 | $120,035,068 | $(125,815,000) | $(5,382,000) |
| Common stock issued on conversion of notes payable | 3,850,000 | 3,850 | 46,150 | – | 50,000 |
| Warrants issued with convertible notes | – | – | 105,000 | – | 105,000 |
| Common stock issued upon exercise of warrants | 299,997 | 300 | 13,700 | – | 14,000 |
| Fair value of warrants issued as for services | – | – | 4,000 | – | 4,000 |
| Net loss | – | – | – | (333,000) | (333,000) |
| Balance, June 30, 2024 | 402,081,800 | $402,082 | $120,203,918 | $(126,148,000) | $(5,542,000) |
| Common Stock · Additional Paid-in · Accumulated · Total Stockholders’ | |||||
|---|---|---|---|---|---|
| Shares | Amount | Capital | Deficit | Deficit | |
| Balance, January 1, 2024 | 392,586,471 | $392,587 | $119,729,413 | $(125,366,000) | $(5,244,000) |
| Common stock issued on conversion of notes payable | 7,062,000 | 7,062 | 119,938 | – | 127,000 |
| Warrants issued with convertible notes | – | – | 190,000 | – | 190,000 |
| Common stock issued upon exercise of warrants | 433,329 | 433 | 17,567 | – | 18,000 |
| Fair value of warrants issued as compensation | – | – | 9,000 | – | 9,000 |
| Common stock issued for services | 2,000,000 | 2,000 | 138,000 | – | 140,000 |
| Net loss | – | – | – | (782,000) | (782,000) |
| Balance, June 30, 2024 | 402,081,800 | $402,082 | $120,203,918 | $(126,148,000) | $(5,542,000) |
Condensed Consolidated Statement of Stockholders’ Deficit, Unaudited
For the THREE and six months Ended June 30, 2023
| Common Stock · Additional Paid-in · Accumulated · Total Stockholders’ | |||||
|---|---|---|---|---|---|
| Shares | Amount | Capital | Deficit | Deficit | |
| Balance, April 1, 2023 | 384,537,426 | $384,538 | $119,306,462 | $(124,476,000) | $(4,785,000) |
| Common stock issued on conversion of notes payable | 1,148,664 | 1,149 | 24,851 | – | 26,000 |
| Relative fair value of warrants issued with convertible notes | – | – | 56,000 | – | 56,000 |
| Common stock issued on exercise of warrants | 133,332 | 134 | 2,866 | – | 3,000 |
| Fair value of options and warrants issued as compensation | – | – | 5,000 | – | 5,000 |
| Net loss | – | – | – | (284,000) | (284,000) |
| Balance, June 30, 2023 | 385,819,422 | $385,821 | $119,395,179 | $(124,760,000) | $(4,979,000) |
| Common Stock · Additional Paid-in · Accumulated · Total Stockholders’ | |||||
|---|---|---|---|---|---|
| Shares | Amount | Capital | Deficit | Deficit | |
| Balance, January 1, 2023 | 376,074,096 | $376,075 | $119,075,925 | $(124,142,000) | $(4,690,000) |
| Common stock issued on conversion of notes payable | 8,628,664 | 8,629 | 161,371 | – | 170,000 |
| Relative fair value of warrants issued with convertible notes | – | – | 103,000 | – | 103,000 |
| Common stock issued on exercise of warrants | 1,116,662 | 1,117 | 40,883 | – | 42,000 |
| Fair value of options and warrants issued as compensation | – | – | 14,000 | – | 14,000 |
| Net loss | – | – | – | (618,000) | (618,000) |
| Balance, June 30, 2023 | 385,819,422 | $385,821 | $119,395,179 | $(124,760,000) | $(4,979,000) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.