Quality Industrial Corp. Financial Summary

Complete Filing Data

Quality Industrial Corp. reported Net Income Loss of -$5.44 million for FY2025.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Quality Industrial Corp. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Net Income *-$5.4M-$523.0K-$4.2M-$102.9K-$5.2M-$2.0M-$2.9M
Revenue *$16.3M$11.2M$65.00
Operating Income Loss-$456.8K$698.3K-$2.8M-$421.5K-$5.2M-$1.9M-$49.9K
Operating Expenses$5.2M$3.3M$2.8M$421.5K$5.2M$1.9M$94.3K
Interest Expense-$3.8M-$4.4K$7.1K
Selling General And Administrative Expense$11.2M$331.6K$53.5K$18.9K
General And Administrative Expense$4.9M$2.3M$2.5M$126.8K
Gross Profit$4.8M$4.0M$21.7M$44.4K
Cost Of Revenue$11.5M$7.2M$43.9M
Nonoperating Income Expense-$4.0M-$275.2K-$1.5M
Interest Expense Nonoperating$82.4K$94.7K$9.0K
Research And Development Expense$4.8M$6.0K$2.9K
Other Nonoperating Income Expense$427.6K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$1.9M-$2.9M
Income Tax Expense Benefit$165.1K$156.3K$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021Q3 2020Q2 2020Q1 2020
Net Income *-$264.2K-$195.9K-$1.4M-$497.7K$97.6K$206.7K-$1.9M-$1.6M$2.0M$2.6M$2.4M$1.9M-$170.0K-$147.3K-$4.6M-$222.2K-$189.8K-$150.2K-$1.5M-$22.0K
Revenue *$3.5M$4.0M$3.6M$2.7M$3.3M$3.1M$22.1M$21.6M$18.2M$28.3M$19.1M$18.2M
Operating Income Loss-$285.8K$440.5K-$947.1K$85.2K$426.1K-$81.2K-$1.8M-$835.3K-$65.0K$5.5M$2.9M$2.0M-$184.4K-$146.2K-$4.6M-$221.1K-$188.7K-$149.3K-$1.5M-$22.0K
Operating Expenses$1.5M$879.6K$1.9M$995.6K$822.4K$81.2K$1.8M$835.3K$65.0K$4.1M$3.8M$3.4M$184.4K$146.2K$4.6M$221.1K$188.7K$149.3K$1.5M$22.0K
Interest Expense-$1.8M-$1.0M-$971.4K-$3.0M-$1.2M-$408.8K$1.0K-$1.1K-$1.1K$1.1K$1.1K$813.00$5.2K
Selling General And Administrative Expense$4.1M$3.8M$19.7K$37.5K$78.0K$4.5M$90.0K$79.4K$10.9K$7.2K$1.2K
General And Administrative Expense$1.4M$824.9K$1.9M$751.3K$750.7K$32.9K$1.7M$753.4K$34.6K$3.2M$3.3M$37.5K
Gross Profit$1.2M$1.3M$955.4K$1.1M$1.2M$1.1M$8.0M$7.9M$5.5M$9.6M$6.6M$5.4M
Cost Of Revenue$2.3M$2.7M$2.7M$1.6M$2.1M$1.9M$14.1M$13.7M$12.7M$18.6M$12.5M$12.8M
Nonoperating Income Expense$245.6K-$283.9K-$285.4K-$388.9K-$54.0K$287.9K-$129.3K-$746.9K$1.2M
Interest Expense Nonoperating$11.7K$27.4K$32.2K$56.1K$20.3K$129.3K$25.7K
Research And Development Expense$68.2K$6.0K
Other Nonoperating Income Expense$318.7K$48.0K$379.6K$0.00-$721.2K-$19.5K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
Income Tax Expense Benefit$38.1K$57.3K$27.1K$36.1K$43.9K$0.00$0.00

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Stockholders Equity *-$1.7M$2.0M$743.5K-$192.9K-$369.0K-$3.0K$71.7K$35.2K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$426.6K$225.6K$2.5K$3.1K$15.7K$19.6K
Common Stock Value$179.1K$126.6K$127.1K$102.9K$94.7K$105.0K$104.4K
Retained Earnings Accumulated Deficit-$22.7M-$17.2M-$16.7M-$12.5M-$12.8M-$7.6M-$5.6M
Liabilities Current$16.8M$11.2M$5.8M$107.0K$595.1K$230.1K$59.9K
Liabilities And Stockholders Equity$16.6M$18.1M$8.8M$1.0M$226.1K$207.1K$131.6K
Assets Current$7.0M$7.5M$2.0M$14.1K$15.8K$207.1K$131.6K
Assets$16.6M$18.1M$8.8M$1.0M$226.1K$207.1K$131.6K
Cash And Cash Equivalents At Carrying Value$426.6K$225.6K$2.5K$15.7K$19.6K$131.6K$126.9K
Liabilities$18.3M$16.1M$8.1M$1.2M$230.1K$59.9K
Accounts Payable And Accrued Liabilities Current$166.6K$27.8K$207.4K$137.4K$24.0K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect$1.3M-$3.9K-$112.0K
Other Liabilities Current$981.8K$663.8K$235.9K$79.2K$387.7K
Other Assets Current$493.5K$2.0M$2.0M$11.0K$178.00
Debt Instrument Periodic Payment Interest$3.9M$3.0K$1.8K
Cash$426.6K$225.6K$2.5K$15.7K$19.6K$131.6K$126.9K
Stock Payable$395.1K$223.2K$223.2K
Receivable With Imputed Interest Value$3.0K$1.8K
Liabilities Noncurrent$1.6M$4.9M$2.3M$1.1M
Prepaid Expense And Other Assets Current$187.5K
Other Assets Noncurrent$210.3K
Assets Noncurrent$9.6M$10.6M$6.8M$1.0M
Notes And Loans Payable Current$63.1K
Minority Interest$2.3M$1.0M
Inventory Net$201.2K$1.2M
Goodwill$8.4M$8.4M
Convertible Long Term Notes Payable$2.3M$1.1M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect$201.0K$223.1K-$644.00-$12.5K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021Q3 2020Q2 2020Q1 2020
Stockholders Equity *$1.7M$1.3M$966.2K$1.9M$1.9M$2.5M$38.4M$32.9M$28.9M$26.1M$20.4M-$375.9K-$386.6K-$280.9K-$143.3K$209.0K$12.9K$50.6K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$971.6K$296.7K$360.4K$221.6K$101.2K$114.5K$5.3K$2.4K$2.8K$1.2M$1.1M$15.7K$5.3K$29.7K$11.6K
Common Stock Value$169.1K$163.9K$140.4K$119.7K$133.0K$128.0K$126.9K$114.6K$102.9K$102.9K$100.9K$100.3K$92.8K$91.0K$91.0K
Retained Earnings Accumulated Deficit-$19.1M-$18.8M-$18.6M-$16.8M-$16.3M-$16.4M-$5.8M-$5.8M-$8.4M-$11.0M-$12.7M-$12.9M-$12.6M-$8.0M-$7.8M
Liabilities Current$15.8M$13.9M$12.6M$10.1M$8.6M$7.2M$150.3M$143.6M$141.8M$33.2M$120.6K$392.1K$580.1K$499.3K$344.3K
Liabilities And Stockholders Equity$20.0M$18.8M$18.3M$17.1M$16.5M$17.2M$216.2M$205.2M$200.0M$38.4M$23.4K$16.2K$193.5K$218.5K$200.9K
Assets Current$8.6M$7.9M$7.6M$6.3M$5.9M$7.2M$127.6M$116.7M$110.2M$37.4M$23.4K$16.2K$6.0K$31.0K$13.4K
Assets$20.0M$18.8M$18.3M$17.1M$16.5M$17.2M$216.2M$205.2M$200.0M$38.4M$23.4K$16.2K$193.5K$218.5K$200.9K
Cash And Cash Equivalents At Carrying Value$971.6K$296.7K$360.4K$221.6K$101.2K$114.5K$2.5K$2.4K$2.8K$5.3K$29.7K$11.6K$64.0K$89.0K$98.0K
Liabilities$18.3M$17.5M$17.3M$15.1M$14.6M$14.8M$177.8M$172.3M$171.1M$120.6K$392.1K$595.1K$580.1K$499.3K$344.3K
Accounts Payable And Accrued Liabilities Current$50.2M$43.3M$38.9M$33.1M$15.8K$9.3K$192.4K$161.6K$131.6K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect-$453.2K$477.9K-$82.7K$50.9K-$1.2K-$1.4K-$7.9K
Other Liabilities Current$1.4M$2.2M$2.0M$549.6K$410.1K$6.3M$81.0M$81.4M$102.9M$94.6K
Other Assets Current$2.0M$2.0M$2.0M$2.0M$2.0M$2.5M$7.3M$4.9M$109.0M
Debt Instrument Periodic Payment Interest$1.0M$971.4K-$409.8K$745.00$745.00
Cash$971.6K$296.7K$360.4K$221.6K$101.2K$114.5K$2.5K$2.4K$2.8K$5.3K$29.7K$11.6K$64.0K$89.0K$98.0K
Stock Payable$395.1K$395.1K$395.1K$395.1K$395.1K$360.7K$326.4K$292.0K
Receivable With Imputed Interest Value$753.00$745.00$761.00$754.00$745.00$762.00$240.00
Liabilities Noncurrent$2.5M$3.6M$4.7M$5.0M$6.0M$7.6M$27.5M$28.6M$29.3M$1.1M
Prepaid Expense And Other Assets Current$665.9K$552.0K$551.6K$2.4M$37.4M$9.0K$1.9K$178.00$711.00$1.2K$1.8K
Other Assets Noncurrent$88.5M$89.8M$89.1M$1.0M$187.5K$187.5K$187.5K
Assets Noncurrent$11.4M$10.9M$10.7M$10.7M$10.6M$10.0M$88.6M$88.5M
Notes And Loans Payable Current$45.2K$53.1K$63.1K$63.1K$63.1K$63.1K
Minority Interest$2.1M$1.5M$1.2M$730.7K$560.5K$1.5M$26.9M$24.7M$23.8M
Inventory Net$921.8K$941.4K$1.1M$1.1M$1.1M$1.4M$1.4M$1.5M$1.2M
Goodwill$8.4M$8.4M$8.4M$8.5M$8.5M$8.4M$56.4M$56.4M
Convertible Long Term Notes Payable$2.5M$2.3M$2.1M$1.3M$1.1M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect$134.8K$112.0K-$292.00

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Net Cash Provided By Used In Operating Activities-$2.6M$1.2M$2.4M-$415.1K-$409.2K-$173.1K-$81.8K
Net Cash Provided By Used In Financing Activities$4.2M-$926.1K$3.1M$1.4M$405.3K$61.1K$86.5K
Increase Decrease In Accounts Payable$1.3M$138.8K-$179.6K$70.0K$113.4K$14.0K
Proceeds From Issuance Of Common Stock$40.0K$30.0K$2.0M$278.9K$110.3K$4.3K$87.9K
Share Based Compensation$2.2M$4.7M$1.9M
Net Cash Provided By Used In Investing Activities-$1.4M-$5.6K-$5.5M-$1.0M
Proceeds From Related Party Debt$4.4M$1.9K$1.9K$16.0K
Increase Decrease In Other Current Liabilities-$78.8K$90.0K$5.4M-$13.5K
Increase Decrease In Other Current Assets$46.8K$2.3M$10.8K-$19.9K
Increase Decrease In Prepaid Deferred Expense And Other Assets$23.0K$187.5K
Proceeds From Repayments Of Related Party Debt-$8.2K-$173.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2025Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q1 2021Q1 2020
Net Cash Provided By Used In Operating Activities-$334.8K-$170.9K$2.1M$1.8M-$180.8K$793.2K-$140.3K-$54.2K-$127.9K-$34.5K
Net Cash Provided By Used In Financing Activities$669.6K$171.1K-$1.8M-$2.0M$180.5K-$487.3K$139.1K$52.8K$120.0K$868.00
Increase Decrease In Accounts Payable-$423.0K$711.00$1.8M$797.5K$16.0M$0.00-$5.8K-$12.5K
Proceeds From Issuance Of Common Stock$228.9K$49.5K$2.0M$1.6K$200.0K$196.3K$57.8K$868.00
Share Based Compensation$1.5M$721.0K$68.8K
Net Cash Provided By Used In Investing Activities-$200.0K$111.8K-$798.7K$625.3K-$704.1K-$255.0K
Proceeds From Related Party Debt$862.2K$1.9K
Increase Decrease In Other Current Liabilities$1.1M$51.8K$113.9K-$2.9M$59.5K-$198.1K
Increase Decrease In Other Current Assets$12.8K$980.7K-$6.0M$189.7K-$321.0K-$18.6M$208.6K
Increase Decrease In Prepaid Deferred Expense And Other Assets-$208.6K$1.8K
Proceeds From Repayments Of Related Party Debt-$1.9K$0.00

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Diluted EPS *-$0.03$0.00-$0.04$0.00-$0.05-$0.02-$0.03
Weighted Average Number Of Shares Outstanding Basic157.4M128.6M114.7M100.7M95.1M104.7M100.0M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Outstanding179.1M126.6M127.1M102.9M94.7M105.0M104.4M
Common Stock Shares Authorized200.0M200.0M200.0M200.0M200.0M200.0M
Common Stock Shares Issued179.1M126.6M127.1M105.0M104.4M
Preferred Stock Shares Authorized1.0M1.0M1.0M1.0M1.0M1.0M
Preferred Stock Shares Outstanding0.000.000.000.000.00
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Preferred Stock Shares Issued0.000.000.000.00
Earnings Per Share Basic$-0.03$0.00$-0.04$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021Q3 2020Q2 2020Q1 2020
Diluted EPS *$0.00$0.00-$0.01$0.00$0.00$0.00-$0.02-$0.01$0.00$0.00$0.02$0.02$0.00$0.00-$0.05$0.00$0.00$0.00-$0.01$0.00
Weighted Average Number Of Shares Outstanding Basic167.6M153.4M135.5M132.8M130.2M127.8M118.3M110.2M102.8M102.9M102.3M100.6M107.0M95.1M91.4M104.7M104.7M105.0M104.6M104.4M
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Outstanding169.1M163.9M140.4M119.7M133.0M127.1M126.9M114.6M102.9M102.9M100.9M100.3M92.8M91.0M91.0M
Common Stock Shares Authorized200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M200.0M
Common Stock Shares Issued169.1M163.9M140.4M119.7M133.0M127.1M126.9M114.6M102.9M102.9M100.9M100.3M94.7M92.8M91.0M91.0M
Preferred Stock Shares Authorized1.0M1.0M1.0M1.0M1.0M1.0M1.0M1.0M1.0M1.0M1.0M1.0M1.0M1.0M1.0M1.0M1.0M
Preferred Stock Shares Outstanding20.0K0.000.000.000.000.000.000.000.000.000.000.000.00
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Preferred Stock Shares Issued20.0K0.000.000.000.000.000.000.000.000.000.000.000.000.00
Earnings Per Share Basic$0.00$0.00$-0.01$0.00$0.00$0.00$-0.02$-0.01$0.00$0.02

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Professional Fees$226.3K$849.9K$315.0K$294.7K$4.8M$1.9M$72.6K
Other Expenses-$4.1M-$4.5K$7.1K$2.8M
Additional Paid In Capital$18.5M$18.0M$17.3M$12.2M$11.9M$7.2M$5.4M
Stock Issued During Period Value New Issues$40.0K$30.0K$2.0M$57.8K$4.3K$87.9K
Stock Issued During Period Value Other$82.6K$110.2K$4.3K$237.4K
Stock Issued During Period Value Issued For Services$45.6K$722.7K$4.7M$1.9M
Stock Issued During Period Value Conversion Of Convertible Securities$461.1K$387.2K$16.5K$2.6M
Due To Related Parties Current$29.6K$35.9K
Stock Issued During Period Shares New Issues6.4M
Income Loss Including Portion Attributable To Noncontrolling Interest-$4.4M$423.1K-$4.2M
Repayments Of Lines Of Credit$295.0K$295.0K
Depreciation$171.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021Q3 2020Q2 2020Q1 2020Q4 2019Q3 2019Q2 2019Q1 2019
Professional Fees$62.1K$20.3K$51.8K$205.8K$34.2K$48.4K$130.7K$82.0K$30.4K$37.3K$70.9K$146.9K$84.3K$131.1K$109.3K$132.4K$1.5M$20.8K
Other Expenses$25.4K$1.4M-$1.8M-$990.9K-$3.2M$420.2K-$408.8K-$14.4K-$1.1K-$1.1K$1.1K$1.1K$813.00$5.2K
Additional Paid In Capital$18.5M$18.4M$18.3M$17.9M$17.5M$17.3M$17.2M$13.6M$12.2M$12.2M$12.1M$12.1M$11.8M$7.3M$7.2M
Stock Issued During Period Value New Issues$40.0K$49.5K$2.0M$104.6K$9.1K$10.1K$63.5K$5.2K
Stock Issued During Period Value Other$913.1K$82.6K$38.7K$57.8K$20.0K-$1.00$345.5K$3.4K$237.4K
Stock Issued During Period Value Issued For Services$31.0K$13.1K$126.0K$722.7K$104.6K$4.5M$83.9K$68.8K$1.5M
Stock Issued During Period Value Conversion Of Convertible Securities$23.0K$209.1K$228.9K$118.9K$25.0K$49.5K-$1.00
Due To Related Parties Current$30.0K$29.6K$0.00$29.6K$29.6K$29.6K
Stock Issued During Period Shares New Issues5.5K4.9K68.7K8.5K
Income Loss Including Portion Attributable To Noncontrolling Interest-$40.2K$156.5K-$1.2M-$303.8K$372.1K$206.7K-$1.9M
Repayments Of Lines Of Credit$1.8M$5.0K$120.0K
Depreciation$19.7K$429.00$0.00$653.0K$171.0K$565.2K$565.0K

Most recent annual filing with the SEC: March 31, 2026

Data sourced from SEC EDGAR public filings as of August 5, 2026.