QS Energy, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $1.6M | $191.0K | $203.0K | $486.0K | $350.0K | $355.0K | $891.0K | $208.0K |
| SG&A Expense | — | — | — | — | — | $1.5M | $2.2M | — |
| Operating Income | $-14.9M | $-1.6M | $-891.0K | $-1.3M | $-1.2M | $-1.8M | $-3.0M | $-2.1M |
| Operating Margin | — | — | — | — | — | — | — | — |
| Interest Expense | $146.0K | $213.0K | — | — | — | $145.0K | $68.0K | — |
| Pretax Income | — | — | — | — | — | $-1.8M | $-3.1M | $-2.1M |
| Income Tax Expense | $1.6K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $-15.3M | $-1.9M | $-1.2M | $-1.5M | $-1.4M | $-2.4M | $-5.6M | $-3.1M |
| Net Margin | — | — | — | — | — | — | — | — |
| EPS (Basic) | $-0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $-0.01 | $-0.02 | $-0.01 |
| EPS (Diluted) | $-0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $-0.01 | $-0.02 | $-0.01 |
| Shares Outstanding (Basic) | 499.7M | 405.0M | 385.6M | 361.8M | 336.0M | 316.5M | 310.1M | 256.1M |
| Shares Outstanding (Diluted) | 499.7M | 405.0M | 385.6M | 361.8M | 336.0M | 316.5M | 310.1M | 256.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |