QS Energy, Inc.
For the period ended Jun 30, 2025. Filed Aug 14, 2025.
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, 2025 · Filed Aug 14, 2025
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Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations, Unaudited
| Three months ended · Six months ended | ||||
|---|---|---|---|---|
| June 30, | June 30, | |||
| 2025 | 2024 | 2025 | 2024 | |
| Revenues | $– | $– | $– | $– |
| Costs and Expenses | ||||
| Operating expenses | 1,892,000 | 201,000 | 11,404,000 | 527,000 |
| Research and development expenses | 104,000 | 48,000 | 151,000 | 95,000 |
| Loss from operations | (1,996,000) | (249,000) | (11,555,000) | (622,000) |
| Other income (expense) | ||||
| Gain on partial forgiveness of PPP note payable | – | – | – | – |
| Interest and financing expense | (143,000) | (84,000) | (258,000) | (160,000) |
| Net Loss | $(2,139,000) | $(333,000) | $(11,813,000) | $(782,000) |
| Net loss per common share, basic and diluted | $(0.00) | $(0.00) | $(0.03) | $(0.00) |
| Weighted average common shares outstanding, basic and diluted | 495,547,582 | 398,506,532 | 467,026,067 | 395,939,821 |
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