QHSLab, Inc. Income Statement
USAQ|11 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 11 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$3M
FY2025
Gross Profit
$2M
67.3% gross margin
Operating Income
$131,244
FY2025
Net Income
$457,417
FY2025
QHSLab, Inc. reported $3M in revenue and $457,417 in net income for FY2025. Revenue has grown at a 84.9% compound annual rate over the past 5 years.
Based on SEC 10-K filings.
Key Data Points
- Accrual-heavy earnings: Net income significantly exceeds operating cash flow
- Altman Z-Score 1.30 (gray zone, between 1.23 and 2.9)
- Return on equity: 28.1% ROE
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.7M | $2.1M | $1.4M | $1.2M | $1.4M | $124.5K | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $880.9K | $774.0K | $615.4K | $623.7K | $743.7K | $74.4K | - | - | - | - | - |
| Gross Profit | $1.8M | $1.4M | $793.6K | $619.5K | $670.7K | $50.1K | - | - | - | - | - |
| SG&A Expense | $439.1K | $276.5K | $259.1K | $387.5K | $454.0K | $131.8K | $38.1K | $28.9K | $60.8K | $60.5K | $67.9K |
| R&D Expense | $484.9K | $294.5K | $214.0K | $190.1K | $90.9K | $98.3K | - | - | - | - | - |
| Operating Income | $131.2K | $205.7K | -$240.2K | -$560.5K | -$502.3K | -$275.1K | -$722.1K | - | - | - | - |
| Interest Expense | $237.4K | $465.1K | $230.5K | $433.4K | $246.5K | $31.0K | $11.5K | $11.6K | $9.1K | $9.1K | $9.1K |
| Net Income | $457.4K | -$259.2K | -$468.4K | -$996.0K | -$770.2K | -$327.4K | -$722.1K | -$40.5K | -$69.9K | -$69.6K | -$77.0K |
| EPS (Basic) | -$0.03 | -$0.05 | -$0.11 | -$0.10 | - | - | - | - | - | - | - |
| EPS (Diluted) | -$0.03 | -$0.05 | -$0.11 | - | -$0.05 | -$0.03 | -$0.04 | -$0.06 | - | - | - |
| Shares Outstanding | 10.8M | 9.7M | 9.3M | 8.8M | 6.6M | 5.8M | 1.1M | 1.1M | - | - | - |
| Gross Margin | 67.3% | 63.7% | 56.3% | 49.8% | 47.4% | 40.2% | - | - | - | - | - |
| Operating Margin | 4.9% | 9.7% | -17.0% | -45.1% | -35.5% | -220.9% | - | - | - | - | - |
| Profit Margin | 17.0% | -12.2% | -33.2% | -80.1% | -54.4% | -262.9% | - | - | - | - | - |