Financhill
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30

QSEP Quote, Financials, Valuation and Earnings

Last price:
$0.15
Seasonality move :
23.72%
Day range:
$0.14 - $0.16
52-week range:
$0.06 - $0.40
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
--
P/B ratio:
--
Volume:
157.3K
Avg. volume:
163.3K
1-year change:
12.58%
Market cap:
$83.2M
Revenue:
--
EPS (TTM):
-$0.03
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $7K $37K $4K $1K
Gross Profit -- -$7K -$37K -$4K -$1K
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $355K $350K $486K $203K $191K
Selling, General & Admin -- $837K $765K $688K $1.4M
Other Inc / (Exp) -- -- $63K -- --
Operating Expenses $1.8M $1.2M $1.2M $887K $1.6M
Operating Income -$1.8M -$1.2M -$1.3M -$891K -$1.6M
 
Net Interest Expenses -- $233K $360K $333K $358K
EBT. Incl. Unusual Items -$2.4M -$1.4M -$1.5M -$1.2M -$1.9M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$2.4M -$1.4M -$1.5M -$1.2M -$1.9M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$2.4M -$1.4M -$1.5M -$1.2M -$1.9M
 
Basic EPS (Cont. Ops) -$0.01 -$0.00 -$0.00 -$0.00 -$0.00
Diluted EPS (Cont. Ops) -$0.01 -$0.00 -$0.00 -$0.00 -$0.00
Weighted Average Basic Share $316.5M $336M $361.8M $385.6M $405M
Weighted Average Diluted Share $316.5M $336M $361.8M $385.6M $405M
 
EBITDA -$1.8M -$1.2M -$1.2M -$887K -$1.6M
EBIT -$1.8M -$1.2M -$1.3M -$891K -$1.6M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$1.8M -$1.2M -$1.3M -$891K -$1.6M
Operating Income (Adjusted) -$1.8M -$1.2M -$1.3M -$891K -$1.6M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $12K $2K $1K -- $2K
Gross Profit -$12K -$2K -$1K -- -$2K
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $152K $130K $47K $48K $1.2M
Selling, General & Admin $230K $214K $164K $231K $646K
Other Inc / (Exp) -- -- -- -- --
Operating Expenses $370K $342K $210K $279K $1.9M
Operating Income -$382K -$344K -$211K -$279K -$1.9M
 
Net Interest Expenses $141K $93K $90K $86K $74K
EBT. Incl. Unusual Items -$523K -$437K -$301K -$365K -$2M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$523K -$437K -$301K -$365K -$2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$523K -$437K -$301K -$365K -$2M
 
Basic EPS (Cont. Ops) -$0.00 -$0.00 -$0.00 -$0.00 -$0.00
Diluted EPS (Cont. Ops) -- -$0.00 -$0.00 -$0.00 -$0.00
Weighted Average Basic Share $343.7M $361.9M $386.6M $406.8M $525.1M
Weighted Average Diluted Share $343.7M $361.9M $386.6M $406.8M $525.1M
 
EBITDA -$370K -$342K -$210K -$279K -$1.9M
EBIT -$382K -$344K -$211K -$279K -$1.9M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$382K -$344K -$211K -$279K -$1.9M
Operating Income (Adjusted) -$382K -$344K -$211K -$279K -$1.9M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $17K $3K $37K $2K $2K
Gross Profit -$17K -$3K -$37K -$2K -$2K
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $306K $318K $407K $198K $1.4M
Selling, General & Admin $812K $755K $769K $938K $12.7M
Other Inc / (Exp) -- $63K -- -- --
Operating Expenses $1.1M $1.1M $1.1M $1.1M $14.1M
Operating Income -$1.1M -$1.1M -$1.2M -$1.1M -$14.1M
 
Net Interest Expenses $422K $241K $382K $316K $444K
EBT. Incl. Unusual Items -$1.5M -$1.2M -$1.6M -$1.5M -$14.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$1.5M -$1.2M -$1.6M -$1.5M -$14.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$1.5M -$1.2M -$1.6M -$1.5M -$14.6M
 
Basic EPS (Cont. Ops) -$0.00 -$0.00 -$0.00 -$0.00 -$0.03
Diluted EPS (Cont. Ops) -- -$0.00 -$0.00 -$0.00 -$0.03
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$1.1M -$1.1M -$1.1M -$1.1M -$14.1M
EBIT -$1.1M -$1.1M -$1.2M -$1.1M -$14.1M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$1.1M -$1.1M -$1.2M -$1.1M -$14.1M
Operating Income (Adjusted) -$1.1M -$1.1M -$1.2M -$1.1M -$14.1M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Revenue -- -- -- -- --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $12K $3K $3K $1K $2K
Gross Profit -$12K -$3K -$3K -$1K -$2K
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $259K $227K $148K $143K $1.4M
Selling, General & Admin $230K $504K $508K $758K $12.1M
Other Inc / (Exp) -- $63K -- -- --
Operating Expenses $833K $728K $653K $900K $13.4M
Operating Income -$845K -$731K -$656K -$901K -$13.4M
 
Net Interest Expenses $141K $241K $263K $246K $332K
EBT. Incl. Unusual Items -$1.2M -$909K -$919K -$1.1M -$13.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$1.2M -$909K -$919K -$1.1M -$13.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$1.2M -$909K -$919K -$1.1M -$13.8M
 
Basic EPS (Cont. Ops) -$0.00 -$0.00 -$0.00 -$0.00 -$0.03
Diluted EPS (Cont. Ops) -$0.00 -$0.00 -$0.00 -$0.00 -$0.03
Weighted Average Basic Share $993.3M $1.1B $1.2B $1.2B $1.5B
Weighted Average Diluted Share $993.3M $1.1B $1.2B $1.2B $1.5B
 
EBITDA -$830K -$728K -$653K -$900K -$13.4M
EBIT -$845K -$731K -$656K -$901K -$13.4M
 
Revenue (Reported) -- -- -- -- --
Operating Income (Reported) -$845K -$731K -$656K -$901K -$13.4M
Operating Income (Adjusted) -$845K -$731K -$656K -$901K -$13.4M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $52K $114K $133K $70K $150K
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses -- -- -- $12K $11K
Other Current Assets $46K $14K $19K $12K --
Total Current Assets $98K $128K $152K $82K $161K
 
Property Plant And Equipment $16K $152K $6K $2K $3K
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $114K $280K $158K $84K $164K
 
Accounts Payable $1.5M $2.7M $2.9M $3.2M $3.3M
Accrued Expenses $795K $930K $946K $972K --
Current Portion Of Long-Term Debt $1.2M $1.5M $1.9M $2.1M $2.5M
Current Portion Of Capital Lease Obligations -- $38K -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $3.6M $4.3M $4.8M $5.3M $5.9M
 
Long-Term Debt -- $106K -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $3.6M $4.5M $4.8M $5.3M $5.9M
 
Common Stock $323.2K $355.3K $376.1K $392.6K $428.4K
Other Common Equity Adj -- -- -- -- --
Common Equity -$3.5M -$4.2M -$4.7M -$5.2M -$5.7M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$3.5M -$4.2M -$4.7M -$5.2M -$5.7M
 
Total Liabilities and Equity $114K $280K $158K $84K $164K
Cash and Short Terms $52K $114K $133K $70K $150K
Total Debt -- $106K -- -- --
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Cash and Equivalents $78K $252K $214K $237K $49K
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- -- -- --
Inventory -- -- -- -- --
Prepaid Expenses $10K $18K $25K $12K $54K
Other Current Assets $10K $18K $25K -- --
Total Current Assets $88K $270K $239K $249K $103K
 
Property Plant And Equipment $163K $123K $3K $1K $1K
Long-Term Investments -- -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- -- -- --
Total Assets $251K $393K $242K $250K $104K
 
Accounts Payable $2.2M $2.8M $3.1M $952K $1.1M
Accrued Expenses $904K $918K $939K $952K --
Current Portion Of Long-Term Debt $1.4M $1.8M $2.1M $2.4M --
Current Portion Of Capital Lease Obligations $38K $41K -- -- --
Other Current Liabilities -- -- -- -- --
Total Current Liabilities $4.2M $4.7M $5.3M $5.8M $5.6M
 
Long-Term Debt $115K $77K -- -- --
Capital Leases -- -- -- -- --
Total Liabilities $4.3M $4.8M $5.3M $5.8M $5.6M
 
Common Stock $347.3K $366.1K $389K $410.6K $529.2K
Other Common Equity Adj -- -- -- -- --
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -$4M -$4.4M -$5M -$5.6M -$5.4M
 
Total Liabilities and Equity $251K $393K $242K $250K $104K
Cash and Short Terms $78K $252K $214K $237K $49K
Total Debt $1.3M $77K -- -- --
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$2.4M -$1.4M -$1.5M -$1.2M -$1.9M
Depreciation & Amoritzation $7K $29K $147K $4K $1K
Stock-Based Compensation -- $20K -- -- --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$969K -$722K -$923K -$629K -$1.2M
 
Capital Expenditures -- -- $1K -- $2K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -$1K -- -$2K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $451K $658K $393K $532K $1.2M
Long-Term Debt Repaid -- -$2K -$12K -$18K -$33K
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $542K $784K $943K $566K $1.2M
 
Beginning Cash (CF) $479K $114K $133K $70K $150K
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$427K $62K $19K -$63K $80K
Ending Cash (CF) $52K $176K $152K $7K $230K
 
Levered Free Cash Flow -$969K -$722K -$924K -$629K -$1.2M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$523K -$437K -$301K -$365K -$2M
Depreciation & Amoritzation $12K $2K $1K -- $2K
Stock-Based Compensation -- -- -- $18K --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$249K -$413K -$187K -$270K -$1M
 
Capital Expenditures -- $1K -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$1K -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $174K $393K $323K $393K --
Long-Term Debt Repaid -- -$9K -$2K -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $174K $612K $329K $375K $289K
 
Beginning Cash (CF) $78K $252K $214K $237K $49K
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$75K $199K $142K $105K -$729K
Ending Cash (CF) $3K $451K $356K $342K -$680K
 
Levered Free Cash Flow -$249K -$414K -$187K -$270K -$1M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$1.5M -$1.2M -$1.6M -$1.5M -$14.6M
Depreciation & Amoritzation $20K $14K $147K $2K $2K
Stock-Based Compensation -- -- -- $18K --
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$607K -$779K -$843K -$727K -$4M
 
Capital Expenditures -- $1K -- -- $2K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$1K -- -- -$2K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $500K $639K $533K $774K --
Long-Term Debt Repaid -- -$11K -$14K -$26K --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $633K $954K $805K $750K $3.8M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $26K $174K -$38K $23K -$188K
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$607K -$780K -$843K -$727K -$4M
Period Ending 2021-09-30 2022-09-30 2023-09-30 2024-09-30 2025-09-30
Net Income to Stockholders -$1.2M -$909K -$919K -$1.1M -$13.8M
Depreciation & Amoritzation $15K $3K $3K $1K $2K
Stock-Based Compensation -- -- -- $18K $240K
Change in Accounts Receivable -- -- -- -- --
Change in Inventories -- -- -- -- --
Cash From Operations -$514K -$571K -$491K -$589K -$3.4M
 
Capital Expenditures -- $1K -- -- --
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$1K -- -- --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $412K $393K $533K $775K $1.3M
Long-Term Debt Repaid -- -$9K -$11K -$19K -$10K
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $540K $710K $572K $756K $3.3M
 
Beginning Cash (CF) $183K $367K $393K $447K $1.4M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $26K $138K $81K $167K -$101K
Ending Cash (CF) $209K $505K $474K $614K $1.3M
 
Levered Free Cash Flow -$514K -$572K -$491K -$589K -$3.4M

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