Quantum Materials Corp (QTMM) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3055 HUNTER RD SAN MARCOS, TX 78666 |
| State of Incorp. | NV |
| Fiscal Year End | June 30 |
| Industry (SIC) | 10 - Metal Mining (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)Annual | Quarterly
| 12/31/2019 Q2 | 9/30/2019 Q1 | 6/30/2019 Q4 | 3/31/2019 Q3 | 12/31/2018 Q2 | 9/30/2018 Q1 | 6/30/2018 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8,735 | 478 | 135,292 | 325,437 | 21,835 | 2,025 | |||
| Cash and cash equivalents | 8,735 | 478 | 135,292 | 325,437 | 21,835 | 2,025 | |||
| Receivables | 400 | 500,400 | 10,000 | ||||||
| Other undisclosed current assets | 23,525 | 19,191 | 537,578 | 828,600 | 1,208,978 | 1,746,181 | |||
| Total current assets: | 32,260 | 20,069 | 1,173,270 | 1,154,037 | 1,230,813 | 1,758,206 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 499,670 | 525,509 | 550,510 | 575,511 | 600,518 | 625,524 | |||
| Intangible assets, net (including goodwill) | 650,000 | 18,294 | 25,205 | 32,116 | 39,027 | 45,891 | |||
| Intangible assets, net (excluding goodwill) | 650,000 | 18,294 | 25,205 | 32,116 | 39,027 | 45,891 | |||
| Prepaid expense | 317,969 | 369,811 | 147,886 | 184,660 | |||||
| Other undisclosed noncurrent assets | 11,383 | ||||||||
| Total noncurrent assets: | 1,161,053 | 543,803 | 893,684 | 977,438 | 787,431 | 856,075 | |||
| TOTAL ASSETS: | 1,193,313 | 563,872 | 2,066,954 | 2,131,475 | 2,018,244 | 2,614,281 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 6,162,438 | 4,128,388 | 2,972,621 | 2,943,016 | 2,995,518 | 2,742,933 | |||
| Employee-related liabilities | 1,023,151 | 924,957 | 732,905 | 816,023 | 853,018 | 682,575 | |||
| Accounts payable | 1,519,106 | 1,629,741 | 1,649,416 | 1,580,378 | 1,586,314 | 1,511,691 | |||
| Accrued liabilities | 3,620,181 | 1,573,690 | 590,300 | 546,615 | 556,186 | 548,667 | |||
| Deferred revenue | 1,197,973 | 500,000 | 1,000,000 | ✕ | ✕ | ✕ | |||
| Debt | 2,408,041 | 2,487,106 | 3,080,219 | 3,423,402 | 3,492,214 | 3,402,421 | |||
| Derivative instruments and hedges, liabilities | 21,810 | 45,692 | 5,060 | 25,895 | 129,030 | ||||
| Total current liabilities: | 9,790,262 | 7,161,186 | 7,057,900 | 6,392,313 | 6,616,762 | 6,145,354 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 128,725 | 135,342 | 134,513 | 483,701 | 85,239 | 40,224 | |||
| Long-term debt, excluding current maturities | 128,725 | 135,342 | 134,513 | 483,701 | 85,239 | 40,224 | |||
| Total noncurrent liabilities: | 128,725 | 135,342 | 134,513 | 483,701 | 85,239 | 40,224 | |||
| Total liabilities: | 9,918,987 | 7,296,528 | 7,192,413 | 6,876,014 | 6,702,001 | 6,185,578 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (8,725,674) | (6,732,656) | (5,125,459) | (4,744,539) | (4,683,757) | (3,571,297) | |||
| Common stock | 630,311 | 583,326 | |||||||
| Additional paid in capital | 49,414,586 | 47,777,681 | 46,560,681 | 44,586,658 | 42,355,411 | 42,030,181 | |||
| Accumulated deficit | (58,770,571) | (55,801,577) | (52,440,564) | (50,399,564) | (48,469,119) | (46,844,173) | |||
| Other undisclosed equity, attributable to parent | 707,914 | 754,424 | 1,068,367 | 1,429,951 | 1,242,695 | ||||
| Total equity: | (8,725,674) | (6,732,656) | (5,125,459) | (4,744,539) | (4,683,757) | (3,571,297) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,193,313 | 563,872 | 2,066,954 | 2,131,475 | 2,018,244 | 2,614,281 | |||
Income Statement (P&L) (USD)Annual | Quarterly
| 12/31/2019 Q2 | 9/30/2019 Q1 | 6/30/2019 Q4 | 3/31/2019 Q3 | 12/31/2018 Q2 | 9/30/2018 Q1 | 6/30/2018 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 400 | 7,250 | ||||||
| Gross profit: | 400 | 7,250 | ||||||
| Operating expenses | (1,070,297) | (1,631,410) | (1,640,332) | (1,277,242) | (1,384,819) | (1,441,727) | ||
| Operating loss: | (1,070,297) | (1,631,410) | (1,639,932) | (1,277,242) | (1,384,819) | (1,434,477) | ||
| Nonoperating income (expense) | (1,898,697) | 1,729,603 | 401,068 | 653,203 | 240,127 | 382,252 | ||
| Investment income, nonoperating | (28,712) | 2,219 | 23,706 | 82,162 | ||||
| Debt instrument, convertible, beneficial conversion feature | 126,908 | 16,870 | 28,061 | |||||
| Interest and debt expense | 57,662 | 1,011,930 | ||||||
| Income (loss) from continuing operations: | (2,911,332) | 1,110,123 | (1,238,864) | (624,039) | (1,144,692) | (1,052,225) | ||
| Income (loss) before gain (loss) on sale of properties: | (2,911,332) | 1,110,123 | (1,238,864) | (624,039) | (1,144,692) | (1,052,225) | ||
| Net income (loss): | (2,911,332) | 1,110,123 | (1,238,864) | (624,039) | (1,144,692) | (1,052,225) | ||
| Other undisclosed net loss attributable to parent | (57,662) | (4,471,136) | (802,136) | (1,306,406) | (480,254) | (764,504) | ||
| Net loss available to common stockholders, diluted: | (2,968,994) | (3,361,013) | (2,041,000) | (1,930,445) | (1,624,946) | (1,816,729) | ||
Comprehensive Income (USD)Annual | Quarterly
| 12/31/2019 Q2 | 9/30/2019 Q1 | 6/30/2019 Q4 | 3/31/2019 Q3 | 12/31/2018 Q2 | 9/30/2018 Q1 | 6/30/2018 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2,911,332) | 1,110,123 | (1,238,864) | (624,039) | (1,144,692) | (1,052,225) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (2,911,332) | 1,110,123 | (1,238,864) | (624,039) | (1,144,692) | (1,052,225) | ||
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.