For the year ending 2025-12-31, QIND has $16,619,371 in assets. $18,303,587 in debts. $426,585 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 426,585 | |||
| Inventory | 201,153 | |||
| Accounts receivable | 5,307,371 | |||
| Deposits, prepayments & advances | 610,279 | |||
| Other current assets | 493,525 | |||
| Total current assets | 7,038,913 | |||
| Property, plant and equipment | 499,288 | |||
| Right-of-use assets | 370,285 | |||
| Goodwill | 8,411,100 | |||
| Advances for purchase of property, plant and equipment | 299,785 | |||
| Total non-current assets | 9,580,458 | |||
| Total assets | 16,619,371 | |||
| Accounts payable | 1,158,471 | |||
| Related party payables | 4,427,537 | |||
| Lease operating liabilities | 154,040 | |||
| Convertible notes, net of discount | 2,066,056 | |||
| Other payables - current | 7,965,456 | |||
| Other current liabilities | 981,812 | |||
| Total current liabilities | 16,753,372 | |||
| Lease operating non-current portion | 230,032 | |||
| Other payables long-term | 1,320,183 | |||
| Total long-term liabilities | 1,550,215 | |||
| Total liabilities | 18,303,587 | |||
| Preferred stock 0.001 par value 1,000,000 shares authorized 8,500 and 20,000 series b shares issued and outstanding as of as of dec 31, 2025, and december 31, 2024, respectively | 9 | |||
| Common stock 0.001 par value 200,000,000 shares authorized 179,110,820 and 126,642,689 shares issued and outstanding as of dec 31, 2025, and december 31, 2024, respectively | 179,113 | |||
| Additional paid-in capital | 18,465,526 | |||
| Retained earnings/ accumulated deficit | -22,670,845 | |||
| Noncontrolling interest | 2,341,981 | |||
| Total stockholders equity (deficit) | -1,684,216 | |||
| Total liabilities and stockholders equity (deficit) | 16,619,371 | |||
Quality Industrial Corp. (QIND)
Quality Industrial Corp. (QIND)