SequelSEC

QUEST PATENT RESEARCH CORP QPRC

Wholesale-Miscellaneous Nondurable Goods · CIK 0000824416 · Fiscal year ends 1231

Revenue
$2.80M
Fiscal year ended 2024-12-31
Operating income
-$1.85M
Fiscal year ended 2024-12-31
Free cash flow
Unavailable
Fiscal year ended 2024-12-31

QUEST PATENT RESEARCH CORP (QPRC) reported revenue of $2.80M for the fiscal year ended 2024-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from QUEST PATENT RESEARCH CORP’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Wholesale-Miscellaneous Nondurable Goods.

Income

QUEST PATENT RESEARCH CORP income by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Revenue$2.80M$13.15M$451.19K$2.05M$5.49M$4.14M$7.07M$1.23M$1.26M$498.40K
Cost of revenue$1.84MUnavailableUnavailableUnavailableUnavailable$3.38M$6.07M$807.61K$4.84K$13.32K
Gross profit$950.91KUnavailableUnavailable$735.07KUnavailableUnavailable$997.40K$424.03K$1.26M$485.08K
Operating income-$1.85M$3.51M-$1.83M-$3.11M-$718.70K-$469.42K$29.36K-$545.72K-$676.72K-$273.71K
Net incomeUnavailable$3.65M-$753.52K-$4.15M-$1.31M-$1.31M-$2.11M-$1.17M-$955.98K-$327.95K
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 5.33Mshares 5.33Mshares 5.33Mshares 5.12Mshares 383.04MUnavailableUnavailableUnavailableUnavailableUnavailable
Pretax income-$2.37M$2.31M-$754.77K-$4.15M-$1.25M-$1.31M-$1.07M-$1.06M-$953.93KUnavailable
Income tax expense$100.00K$30.00K-$1.25K$1.81K$65.36K$5.23K$1.04M$106.00K$2.16K$1.72K
Diluted EPS$-0.46$0.43$-0.14$-0.81$0.00UnavailableUnavailableUnavailableUnavailableUnavailable
Selling, general & administrative$2.80M$2.74M$1.98M$3.85M$1.51M$1.22M$957.57K$939.41K$766.96K$561.94K
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

QUEST PATENT RESEARCH CORP balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Cash & equivalents$482.02K$563.48K$90.60K$264.84K$247.86K$537.20K$166.91K$165.55K$208.32K$331.51K
Total assets$3.54M$7.28M$1.23M$816.63K$3.49M$5.16M$2.21M$2.63M$2.32M$2.70M
Current assets$502.28K$3.61M$95.92K$277.14K$1.29M$2.40M$169.25K$170.91K$265.81K$378.98K
Total liabilities$12.24M$13.52M$9.79M$8.74M$10.33M$11.01M$6.75M$5.06M$3.66M$2.88M
Current liabilities$12.04M$13.31M$9.59M$8.40M$9.50M$9.55M$5.83M$4.36M$3.66M$1.47M
Total equity incl. NCI-$8.70M-$6.24M-$8.56M-$7.93M-$6.84M-$5.85M-$4.54M-$2.43M-$1.34M-$180.58K
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailable$1.81K$65.36KUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$8.25K$3.02MUnavailableUnavailable$1.03M$1.85MUnavailable$2.85K$54.99K$41.55K
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$1.25M
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

QUEST PATENT RESEARCH CORP cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Operating cash flow-$390.34K$1.93M-$914.18K-$49.67K-$246.30K$746.52K-$378.64K-$167.78K-$373.18K-$199.23K
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flowUnavailable-$3.33M-$1.50M-$1.15M-$95.00K-$75.00K-$20.00KUnavailableUnavailableUnavailable
Financing cash flow$308.88K$1.87M$2.24M$1.22M$51.97K-$301.24K$400.00K$125.00K$250.00K$439.04K
Net change in cashUnavailableUnavailableUnavailableUnavailableUnavailable$370.29K$1.36K-$42.78K-$123.18K$239.82K
Stock-based compensation$5.81K$48.71K$117.41K$1.92MUnavailableUnavailableUnavailable$77.00KUnavailable$63.00K
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailableUnavailableUnavailable$648.40K$529.49K$437.72K$331.28K$261.78K$57.50K

Derived

QUEST PATENT RESEARCH CORP derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross margin34.0%47.5%32.7%35.9%UnavailableUnavailable14.1%34.4%99.6%97.3%
Operating margin-66.1%26.7%-406.1%-151.9%-13.1%-11.3%0.4%-44.3%-53.5%-54.9%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenue0.2%0.4%26.0%93.5%UnavailableUnavailableUnavailable6.3%Unavailable12.6%
Current ratio0.04x0.27x0.01x0.03x0.14x0.25x0.03x0.04x0.07x0.26x
Revenue YoY growth-78.7%2815.0%-78.0%-62.6%32.5%-41.4%473.9%-2.6%153.7%Unavailable
Net marginUnavailableUnavailableUnavailable-202.7%Unavailable-31.6%-29.9%-94.8%-75.6%-65.8%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailable1.3%UnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open QPRC in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-14View SEC filing
10-Q · Filed 2026-05-15View SEC filing
10-K · Filed 2026-03-30View SEC filing
10-Q · Filed 2025-11-13View SEC filing
10-Q · Filed 2025-08-14View SEC filing
10-Q · Filed 2025-05-15View SEC filing

Companies in the same industry

Reconciliation checks needing review

3 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 bridgeinconsistent2023-12-31

Withheld: cost revenue, gross profit could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2022-12-31

Withheld: cost revenue, gross profit could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2019-12-31

Withheld: gross profit could not be reconciled with the rest of this filer’s statement.