QDM International Inc. (QDMI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
ROOM 1030B 10F OCEAN CENTRE HARBOUR CITY KOWLOON, 000000 |
| State of Incorp. | FL |
| Fiscal Year End | March 31 |
| Industry (SIC) | 6411 - Insurance Agents, Brokers, and Service (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 MRQ | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 12/31/2019 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 5,158 | 70 | 36 | 2 | 190 | ||||
| Cash and cash equivalent | 5,158 | 70 | 36 | 2 | 190 | ||||
| Receivables | 184 | 2 | 2 | 12 | |||||
| Inventory, net of allowances, customer advances and progress billings | 149 | ||||||||
| Inventory | 149 | ||||||||
| Prepaid expense | 103 | 47 | 43 | ||||||
| Deferred costs | |||||||||
| Other undisclosed current assets | 30 | 71 | 164 | ||||||
| Total current assets: | 5,445 | 149 | 151 | 2 | 515 | ||||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 196 | 113 | ✕ | ||||||
| Property, plant and equipment | 75 | 4 | 1 | 173 | |||||
| Prepaid expense | 60 | 5 | |||||||
| Deferred income tax assets | 71 | ✕ | |||||||
| Other undisclosed noncurrent assets | (71) | ||||||||
| Total noncurrent assets: | 331 | 122 | 1 | 173 | |||||
| TOTAL ASSETS: | 5,776 | 271 | 151 | 2 | 688 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 567 | 15 | 5 | 33 | 230 | ||||
| Interest and dividends payable | ✕ | ✕ | ✕ | 10 | |||||
| Accounts payable | 59 | ||||||||
| Accrued liabilities | 309 | 33 | 162 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 258 | 15 | 5 | ||||||
| Debt | 269 | 100 | |||||||
| Other liabilities | 1,283 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 870 | ||
| Due to related parties | ✕ | ✕ | 819 | 556 | 19 | 110 | |||
| Other undisclosed current liabilities | 419 | 38 | (10) | ||||||
| Total current liabilities: | 2,269 | 871 | 562 | 322 | 1,300 | ||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 74 | ||||||||
| Liabilities, other than long-term debt | 90 | ||||||||
| Operating lease, liability | 90 | 74 | ✕ | ||||||
| Other undisclosed noncurrent liabilities | (74) | ||||||||
| Total noncurrent liabilities: | 90 | 74 | |||||||
| Total liabilities: | 2,358 | 945 | 562 | 322 | 1,300 | ||||
| Equity | |||||||||
| Equity, attributable to parent | 3,418 | (674) | (410) | (320) | (612) | ||||
| Preferred stock | 0 | 0 | 0 | 0 | |||||
| Common stock | 4 | 1 | 0 | 5 | 3 | ||||
| Treasury stock, value | (60) | (60) | (60) | (60) | (39) | ||||
| Additional paid in capital | 11,901 | 9,469 | 9,337 | 8,664 | 6,639 | ||||
| Accumulated other comprehensive income | 1 | ||||||||
| Accumulated deficit | (8,426) | (10,036) | (9,639) | (8,929) | (7,215) | ||||
| Stockholders' equity note, subscriptions receivable | (49) | (49) | ✕ | ||||||
| Total equity: | 3,418 | (674) | (410) | (320) | (612) | ||||
| TOTAL LIABILITIES AND EQUITY: | 5,776 | 271 | 151 | 2 | 688 | ||||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 TTM | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 12/31/2019 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 6,366 | 69 | 123 | 2,383 | ||||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 2,383 | |
| Cost of revenue | (3,913) | (69) | (123) | (1,182) | ||||
| Cost of product and service sold | (3,913) | (1,182) | ||||||
| Gross profit: | 2,453 | 0 | 0 | 1,201 | ||||
| Operating expenses | (653) | (377) | (315) | (440) | (1,814) | |||
| Other undisclosed operating income | 253 | |||||||
| Operating income (loss): | 1,801 | (377) | (314) | (440) | (359) | |||
| Nonoperating income (expense) | 73 | (1) | 7 | (27) | 1 | |||
| Investment income, nonoperating | 33 | 1 | ||||||
| Other nonoperating income | 41 | 7 | 1 | |||||
| Interest and debt expense | (27) | (14) | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 1,874 | (378) | (308) | (494) | (372) | |||
| Other undisclosed income from continuing operations before income taxes | ||||||||
| Income (loss) from continuing operations before income taxes: | 1,874 | (378) | (308) | (494) | (372) | |||
| Income tax expense | (309) | |||||||
| Other undisclosed loss from continuing operations | ||||||||
| Income (loss) from continuing operations: | 1,565 | (378) | (308) | (494) | (372) | |||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (378) | (308) | (494) | (372) | |
| Net income (loss): | 1,565 | (378) | (308) | (494) | (372) | |||
| Other undisclosed net income attributable to parent | 27 | |||||||
| Net income (loss) available to common stockholders, diluted: | 1,565 | (378) | (308) | (467) | (372) | |||
Comprehensive Income ($ in thousands)
| 12/31/2024 TTM | 3/31/2024 | 3/31/2023 | 3/31/2022 | 3/31/2021 | 12/31/2019 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,565 | (378) | (308) | (494) | (372) | |||
| Other undisclosed comprehensive income | ||||||||
| Comprehensive income (loss): | 1,565 | (378) | (308) | (494) | (372) | |||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (2) | 1 | 349 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,563 | (377) | 42 | (494) | (372) | |||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.