Q/C TECHNOLOGIES, INC. Income Statement
QCLS|6 years of annual SEC 10-K data (FY2014-FY2019)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 6 fiscal years. All figures from audited SEC 10-K filings.
Q/C TECHNOLOGIES, INC. reported $2M in revenue and $11M in net loss for FY2019. Revenue has declined at a 14.2% compound annual rate over the past 5 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -1.66 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|
| Revenue | $1.7M | $3.4M | $3.0M | $2.1M | $4.4M | $3.6M |
| Cost of Revenue | $1.5M | $2.4M | $138.7K | $115.4K | $71.4K | $1.9M |
| Gross Profit | $127.3K | $948.6K | $1.9M | $1.2M | $3.3M | $1.7M |
| SG&A Expense | $5.7M | $4.1M | $3.0M | $4.0M | $3.8M | $1.1M |
| R&D Expense | $1.1M | $1.3M | $1.2M | $1.4M | $916.3K | $1.0M |
| Operating Income | -$10.1M | -$6.6M | -$3.3M | -$9.7M | -$3.2M | -$1.8M |
| Interest Expense | - | - | - | - | $969 | - |
| Income Tax | - | - | - | -$269.3K | -$269.3K | - |
| Net Income | -$10.8M | -$7.4M | -$3.3M | -$9.3M | -$3.1M | -$1.5M |
| EPS (Diluted) | -$22.28 | -$6.29 | -$0.61 | -$1.81 | -$0.66 | -$0.96 |
| Shares Outstanding | 540.6K | 5.5M | 5.5M | 5.4M | 5.0M | 58.5K |
| Gross Margin | 7.6% | 28.3% | 63.4% | 55.0% | 73.5% | 46.5% |
| Operating Margin | -604.0% | -197.2% | -112.4% | -457.8% | -72.4% | -50.6% |
| Profit Margin | -651.4% | -219.6% | -111.6% | -440.3% | -71.0% | -42.7% |