Qualis Innovations, Inc. financial data

Symbol
QLIS on OTC
Location
6898 S. University Blvd.,, Suite 100, Centennial, CO
State of incorporation
NV
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 41.2 % -91.3%
Quick Ratio 115 %
Debt-to-equity -183 % -916%
Return On Equity -1.04K % -12.8%
Return On Assets 1.25K %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 20.4M shares +141%
Common Stock, Shares, Outstanding 20.4M shares +141%
Entity Public Float 1.92M USD +251%
Common Stock, Value, Issued 20.4K USD +141%
Weighted Average Number of Shares Outstanding, Basic 20.4M shares +141%
Weighted Average Number of Shares Outstanding, Diluted 20.4M shares +141%

Income Statement

Label TTM Value / Value Unit Change %
Research and Development Expense 1.5K USD -87.7%
General and Administrative Expense 85.9K USD -46.7%
Operating Income (Loss) 1.44M USD +98.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -31.2K USD +98.1%
Net Income (Loss) Attributable to Parent 867K USD +98.1%
Earnings Per Share, Basic 0.11 USD/shares
Earnings Per Share, Diluted 0.11 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Inventory, Net 40.2K USD -33.3%
Other Assets, Current 500 USD
Assets, Current 63.5K USD -46.6%
Property, Plant and Equipment, Net 26.4K USD -39.3%
Assets 63.5K USD -57.6%
Accrued Liabilities, Current 41.4K USD
Liabilities, Current 33.8K USD +50.3%
Liabilities 33.8K USD +50.3%
Retained Earnings (Accumulated Deficit) -4.48M USD +16.2%
Stockholders' Equity Attributable to Parent 29.7K USD -76.7%
Liabilities and Equity 63.5K USD -57.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -11.9K USD +77.9%
Net Cash Provided by (Used in) Financing Activities 100K USD
Common Stock, Shares Authorized 750M shares 0%
Common Stock, Shares, Issued 20.4M shares +141%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 88.1K USD
Deferred Tax Assets, Valuation Allowance 1.09M USD +22.2%
Depreciation 17.3K USD +0.87%
Deferred Tax Assets, Operating Loss Carryforwards 618K USD +31.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 25M shares 0%
Additional Paid in Capital 4.49M USD -17.9%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 0 USD -100%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%