Quantum X Labs Inc. QXL

FY2024 · ended Dec 31, 2024 · Revenue $26.94M, -66.2% YoY · Filed Mar 27, 2026

Quantum X Labs Inc. (QXL) files with the SEC under industry code 7372, Services-Prepackaged Software. As of Jun 30, 2026 it held $2.4 million in cash and investments and $1.2 million in total debt.

Revenue
$26.94M
-66.2% vs prior year
Net income (TTM)
$-2.08M
+89.2% vs year-ago TTM
Operating cash flow
$-2.77M
-279.5% vs prior year
Free cash flow
$1.54M
+68.0% vs prior year
EPS (TTM)
$-0.14
+95.8% vs year-ago TTM
Dividend per share
None
Shares outstanding
13.34M
+151.8% vs prior year
Net cash
$1.20M
as of Jun 30, 2026
Operating margin
-3.1%
FY 2024

Company profile

Industry
Services-Prepackaged Software (SIC 7372)
Listed as
QXL (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Ramat Gan
SEC filer status
Non-accelerated filer, Smaller reporting company
SEC CIK
797542
Former names
Viewbix Inc. (until Apr 30, 2026); Virtual Crypto Technologies, Inc. (until Jul 25, 2019); Emerald Medical Applications Corp. (until Mar 12, 2018); ZAXIS INTERNATIONAL INC (until Oct 2, 2015)

Other Services-Prepackaged Software 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
—
$26.9M
$79.6M
$96.6M
$45.2M
Operating income
-$2.2M
-$837,000
-$7.5M
$2.7M
$541,000
Net income
-$19.3M
-$12.1M
-$7.3M
$28,000
$300,000
Diluted EPS
$2.28
$2.69
$1.97
—
—
Operating cash flow
-$2.8M
$1.5M
$934,000
$3.2M
$4.4M
Free cash flow
—
$1.5M
$918,000
$3.2M
—
Total assets
$10.8M
$22.0M
$43.3M
$63.7M
$51.3M
Stockholders' equity
$5.0M
$5.8M
$14.8M
$22.0M
$13.7M
Cash and investments
$1.0M
$24,000
$1.8M
$4.2M
$5.2M
Total debt
$2.8M
$8.1M
$14.5M
$15.0M
$5.1M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Officer or director change
Sep 22, 2026 Sep 22, 2026
8-K Current report
Regulation FD disclosure, Other events
Sep 15, 2026 Sep 15, 2026
10-Q Quarterly report Aug 13, 2026 Jun 30, 2026
8-K Current report
Other events
May 29, 2026 May 28, 2026
8-K Current report
Officer or director change
May 15, 2026 May 14, 2026
10-Q Quarterly report May 14, 2026 Mar 31, 2026

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