FY2025 · ended Dec 31, 2025 · Revenue $0 · Filed Mar 31, 2026
QS Energy, Inc. (QSEP) files with the SEC under industry code 3533, Oil & Gas Field Machinery & Equipment. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $0 and a net loss of $15.3 million. Free cash flow was -$4.0 million.
Revenue (TTM)
$0
Net income (TTM)
$-6.44M
+50.4% vs year-ago TTM
Operating cash flow (TTM)
$-2.88M
+10.3% vs year-ago TTM
Free cash flow
$-4.01M
-242.9% vs prior year
EPS (TTM)
$-0.01
+59.7% vs year-ago TTM
Dividend per share
None
Shares outstanding
550.62M
+20.8% vs prior year
Net cash
$133,000
FY 2022
Operating margin
—
Company profile
- Industry
- Oil & Gas Field Machinery & Equipment (SIC 3533)
- Listed as
- QSEP (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- NV
- Headquarters
- Tomball, TX
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1103795
- Former names
- SAVE THE WORLD AIR INC (until Aug 7, 2015)
Other Oil & Gas Field Machinery & Equipment companies
- Baker Hughes Co BKR
- TechnipFMC plc FTI
- Solaris Energy Infrastructure, Inc. SEI
- NOV Inc. NOV
- Weatherford International plc WFRD
- Cactus, Inc. WHD
- DNOW Inc. DNOW
- Flowco Holdings Inc. FLOC
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| Operating income | -$14.9M | -$1.6M | -$891,000 | -$1.3M | -$1.2M |
| Net income | -$15.3M | -$1.9M | -$1.2M | -$1.5M | -$1.4M |
| Diluted EPS | -$0.03 | $0.00 | $0.00 | $0.00 | — |
| Operating cash flow | -$4.0M | -$1.2M | -$629,000 | -$923,000 | -$722,000 |
| Free cash flow | -$4.0M | -$1.2M | -$629,000 | -$924,000 | — |
| Total assets | $55,000 | $164,000 | $84,000 | $158,000 | $280,000 |
| Total liabilities | $5.9M | $5.9M | $5.3M | $4.8M | $4.5M |
| Stockholders' equity | -$5.9M | -$5.7M | -$5.2M | -$4.7M | -$4.2M |
| Cash and investments | $6,000 | $150,000 | $70,000 | $133,000 | $114,000 |
| Total debt | — | — | — | $0 | $250,000 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Aug 14, 2026 | Jun 30, 2026 |
| 10-Q | Quarterly report | May 15, 2026 | Mar 31, 2026 |
| 10-K | Annual report | Mar 31, 2026 | Dec 31, 2025 |
| 10-Q | Quarterly report | Nov 14, 2025 | Sep 30, 2025 |
| 10-Q | Quarterly report | Aug 14, 2025 | Jun 30, 2025 |
| 8-K |
Current report
Material agreement
|
Jun 25, 2025 | Jun 19, 2025 |
All 551 QS Energy, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.