QS Energy, Inc. QSEP

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

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

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

Source: SEC EDGAR filings. This is company-reported data, not investment advice.