gross profit bridgeinconsistent2019-12-31
Withheld: cost revenue, gross profit could not be reconciled with the rest of this filer’s statement.
Revenue
$1.58M
Fiscal year ended 2019-12-31Operating income
-$3.47M
Fiscal year ended 2019-12-31Free cash flow
Unavailable
Fiscal year ended 2019-12-31Q/C TECHNOLOGIES, INC. (QCLS) reported revenue of $1.58M and net income of -$3.89M for the fiscal year ended 2019-12-31. This page shows 6 annual periods of income statement, balance sheet and cash flow figures normalized from Q/C TECHNOLOGIES, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under In Vitro & In Vivo Diagnostic Substances.
Income
| Metric | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
|---|---|---|---|---|---|---|
| Revenue | $1.58M | $1.67M | $3.35M | $2.96M | $2.12M | $4.43M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | -$3.47M | -$10.06M | -$6.61M | -$3.33M | -$9.68M | -$3.20M |
| Net income | -$3.89M | -$10.85M | -$7.37M | -$3.30M | -$9.31M | -$3.14M |
| Research & development | $276.79K | $1.06M | $1.26M | $1.19M | $1.41M | $916.31K |
| Weighted-average diluted shares | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Pretax income | -$3.38M | -$10.85M | -$7.37M | -$3.30M | -$9.58M | -$3.13M |
| Income tax expense | Unavailable | Unavailable | Unavailable | Unavailable | -$269.34K | Unavailable |
| Diluted EPS | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling, general & administrative | $3.40M | $7.45M | $6.13M | $4.99M | $6.57M | $5.09M |
| General & administrative | $3.37M | $5.67M | $4.08M | $3.01M | $4.03M | $3.78M |
| Selling & marketing | $25.00K | $1.78M | $2.05M | $1.98M | $2.54M | $1.30M |
Balance
| Metric | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $517.44K | $181.76K | $438.43K | $72.70K | $402.06K | $455.84K |
| Total assets | $10.88M | $7.81M | $9.34M | $5.09M | $8.27M | $16.65M |
| Current assets | $10.31M | $6.67M | $7.78M | $3.19M | $6.48M | $13.06M |
| Total liabilities | $1.53M | $1.97M | $1.79M | $1.70M | $1.67M | $1.84M |
| Current liabilities | $1.53M | $1.97M | $1.79M | $1.70M | $1.67M | $1.84M |
| Total equity incl. NCI | -$2.33M | $5.83M | $7.55M | $3.39M | $6.60M | $14.81M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $198.98K | $585.27K | $947.61K | $2.04M | $1.13M | $905.12K |
| Accounts receivable | $42.88K | $176.33K | $964.67K | $601.27K | $609.20K | $1.15M |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | $891.88K | $1.97M | $1.79M | $1.46M | $1.67M | $1.54M |
Cash flow
| Metric | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$3.07M | -$8.50M | -$5.08M | -$4.17M | Unavailable | Unavailable |
| Capital expenditures | Unavailable | $68.21K | $54.51K | $123.30K | $112.95K | $24.99K |
| Investing cash flow | -$3.94M | -$359.68K | -$5.01M | $3.84M | Unavailable | Unavailable |
| Financing cash flow | $6.97M | $9.11M | $10.46M | Unavailable | Unavailable | Unavailable |
| Net change in cash | -$49.22K | $243.32K | $365.73K | -$329.36K | -$53.78K | $352.21K |
| Stock-based compensation | $10.80K | $12.54K | $5.46K | $51.65K | $52.36K | $549.60K |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $74.06K | $234.49K | $249.89K | $286.16K | $300.00K | $349.40K |
Derived
| Metric | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | -$8.57M | -$5.13M | -$4.30M | Unavailable | Unavailable |
| Gross margin | Unavailable | 7.6% | 28.3% | 63.4% | 55.0% | 73.5% |
| Operating margin | Unavailable | -604.0% | -197.1% | -112.4% | -457.8% | -72.4% |
| FCF margin | Unavailable | -514.6% | -153.1% | -145.1% | Unavailable | Unavailable |
| SBC / revenue | Unavailable | 0.8% | 0.2% | 1.7% | 2.5% | Unavailable |
| Current ratio | 6.74x | 3.38x | Unavailable | 1.88x | 3.88x | 7.08x |
| Revenue YoY growth | -5.3% | -50.4% | 13.3% | 40.0% | -52.2% | Unavailable |
| Net margin | Unavailable | -651.4% | -219.6% | -111.6% | -440.3% | -71.0% |
| R&D / revenue | Unavailable | 63.8% | 37.6% | 40.2% | 66.5% | 20.7% |
| CapEx / revenue | Unavailable | 4.1% | 1.6% | 4.2% | 5.3% | 0.6% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open QCLS in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-12View SEC filing
10-Q · Filed 2026-05-15View SEC filing
10-K · Filed 2026-04-15View SEC filing
10-Q · Filed 2025-11-19View SEC filing
10-Q · Filed 2025-08-19View SEC filing
10-Q · Filed 2025-05-15View SEC filing
Reconciliation checks needing review
7 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
gross profit bridgeinconsistent2018-12-31
Withheld: cost revenue, gross profit could not be reconciled with the rest of this filer’s statement.
gross profit bridgeinconsistent2017-12-31
Withheld: cost revenue, gross profit could not be reconciled with the rest of this filer’s statement.
gross profit bridgeinconsistent2016-12-31
Withheld: cost revenue, gross profit could not be reconciled with the rest of this filer’s statement.
gross profit bridgeinconsistent2015-12-31
Withheld: cost revenue, gross profit could not be reconciled with the rest of this filer’s statement.
gross profit bridgeinconsistent2014-12-31
Withheld: cost revenue, gross profit could not be reconciled with the rest of this filer’s statement.
balance equationreview2019-12-31
Difference 11688000 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.