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Qualigen Therapeutics, Inc. (QLGN)

For the quarter ending 2025-06-30, QLGN made $196,325 in revenue. -$1,687,003 in net income. Net profit margin of -859.29%.

Overview

Revenue
$196,325
Net Income
-$1,687,003
Net Profit Margin
-859.29%
EPS
-$1
Unit: Dollar
Revenue Breakdown
    • Interest income
    • Gain on change in fair value of ...
    • Gain on change in fair value of ...

Unit: Dollar
2025-06-30
2025-03-31
Net loss- -2,646,172
Deemed dividend arising from warrant down-round provision1,586 -
Loss on disposal of discontinued operations, net of tax- -
Gain (loss) from discontinued operations- -
(benefit from) provision for income taxes- 35
Research and development17,815 33,167
General and administrative1,394,932 2,494,532
Credit loss expense - short-term note receivable271,000 197,000
Total expenses1,683,747 2,724,699
Loss from operations-1,683,747 -2,724,699
Interest income142,477 112,953
Interest expense106,052 73,615
Gain on change in fair value of convertible debt37,874 -
Gain on change in fair value of derivative liabilities- -
Loss on monthly redemptions of convertible debt into common stock- -
Loss on issuance of convertible debt91,943 -
Gain on change in fair value of warrant liabilities15,974 39,224
Gain on voluntary conversion of convertible debt into common stock- -
Total other expense (income), net-1,670 78,562
Loss before (benefit from) provision for income taxes-1,685,417 -2,646,137
Net loss from continuing operations-1,685,417 -2,646,172
Net loss-1,685,417 -
Net loss attributable to qualigen therapeutics, inc-1,687,003 -2,646,172
Total net loss per common share, basic-1 -1.82
Total net loss per common share, diluted-1 -1.82
Weighted-average number of shares outstanding, basic1,683,881 1,456,714
Weighted-average number of shares outstanding, diluted1,683,881 1,456,714
Unit: Dollar

Income Statement

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Net lossattributable to qualigen...-$1,687,003 Net loss-$1,685,417 Deemed dividendarising from warrant...$1,586 Net loss fromcontinuing operations-$1,685,417 Loss before (benefitfrom) provision for...-$1,685,417 Total other expense(income), net-$1,670 Loss from operations-$1,683,747 Gain on change in fairvalue of warrant...$15,974 Gain on change in fairvalue of convertible...$37,874 Interest income$142,477 Loss on issuance ofconvertible debt$91,943 Total expenses$1,683,747 Interest expense$106,052 Credit loss expense -short-term note receivable$271,000 General andadministrative$1,394,932 Research and development$17,815