For the quarter ending 2026-03-31, QIND has $16,899,810 in assets. $18,421,053 in debts. $172,548 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 172,548 | 426,585 | 971,555 | 296,738 |
| Inventory | 213,551 | 201,153 | 921,838 | 941,425 |
| Accounts receivable | 5,299,183 | 5,307,371 | 4,036,619 | 3,829,823 |
| Related party receivables | 324,280 | - | - | - |
| Deposits, prepayments & advances | 794,712 | 610,279 | 665,177 | 845,454 |
| Other current assets | 493,525 | 493,525 | 2,000,000 | 2,000,000 |
| Total current assets | 7,297,799 | 7,038,913 | 8,595,189 | 7,913,440 |
| Property, plant and equipment | 547,178 | 499,288 | 325,265 | 34,750 |
| Right-of-use assets | 343,948 | 370,285 | 345,940 | 279,375 |
| Related party receivables | - | - | 2,295,937 | 2,129,841 |
| Advances for purchase of property, plant and equipment | 299,785 | 299,785 | - | - |
| Goodwill | 8,411,100 | 8,411,100 | 8,411,100 | 8,411,100 |
| Total non-current assets | 9,602,011 | 9,580,458 | 11,378,242 | 10,855,066 |
| Total assets | 16,899,810 | 16,619,371 | 19,973,431 | 18,768,506 |
| Accounts payable | 1,059,885 | 1,158,471 | 1,035,249 | 1,424,754 |
| Related party payables | 4,667,537 | 4,427,537 | 4,061,803 | 1,060,684 |
| Other payables - current | - | - | - | 6,589,854 |
| Lease liabilities current portion | 157,678 | 154,040 | 140,165 | 118,652 |
| Convertible notes, net of discount | 1,948,786 | 2,066,056 | 2,146,840 | 2,512,377 |
| Other payables - current | 9,069,680 | 7,965,456 | 6,952,100 | - |
| Other current liabilities | 1,133,088 | 981,812 | 1,433,399 | 2,150,360 |
| Total current liabilities | 18,036,654 | 16,753,372 | 15,769,556 | 13,856,681 |
| Lease liabilities - non-current portion | 201,132 | 230,032 | 218,701 | 172,651 |
| Other non-current liabilities | 183,267 | 1,320,183 | 2,326,605 | 3,464,625 |
| Total non-current liabilities | 384,399 | 1,550,215 | 2,545,306 | 3,637,276 |
| Total liabilities | 18,421,053 | 18,303,587 | 18,314,862 | 17,493,957 |
| 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 | 20 | 20 |
| Common stock 0.001 par value 450,000,000 shares authorized 193,266,631 and 179,110,820 shares issued and outstanding as of march 31, 2026, and december 31, 2025, respectively | 193,269 | 179,113 | 169,113 | 163,883 |
| Additional paid-in capital | 18,491,648 | 18,465,526 | 18,505,514 | 18,447,745 |
| Accumulated deficit | -22,662,016 | -22,670,845 | -19,092,870 | -18,828,640 |
| Accumulated other comprehensive income (loss) foreign currency translation | 572 | - | - | - |
| Noncontrolling interest | 2,455,284 | 2,341,981 | 2,076,792 | 1,491,541 |
| Total equity (deficit) | -1,521,243 | -1,684,216 | 1,658,569 | 1,274,549 |
| Total liabilities and equity (deficit) | 16,899,810 | 16,619,371 | 19,973,431 | 18,768,506 |