Qualigen Therapeutics, Inc. (QLGN)
2025-06-30 | 2025-03-31 | |||
---|---|---|---|---|
Net loss | - | -2,646,172 | ||
Deemed dividend arising from warrant down-round provision | 1,586 | - | ||
Loss on disposal of discontinued operations, net of tax | - | - | ||
Gain (loss) from discontinued operations | - | - | ||
(benefit from) provision for income taxes | - | 35 | ||
Research and development | 17,815 | 33,167 | ||
General and administrative | 1,394,932 | 2,494,532 | ||
Credit loss expense - short-term note receivable | 271,000 | 197,000 | ||
Total expenses | 1,683,747 | 2,724,699 | ||
Loss from operations | -1,683,747 | -2,724,699 | ||
Interest income | 142,477 | 112,953 | ||
Interest expense | 106,052 | 73,615 | ||
Gain on change in fair value of convertible debt | 37,874 | - | ||
Gain on change in fair value of derivative liabilities | - | - | ||
Loss on monthly redemptions of convertible debt into common stock | - | - | ||
Loss on issuance of convertible debt | 91,943 | - | ||
Gain on change in fair value of warrant liabilities | 15,974 | 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, basic | 1,683,881 | 1,456,714 | ||
Weighted-average number of shares outstanding, diluted | 1,683,881 | 1,456,714 |