For the quarter ending 2025-09-30, QMCI has $6,228,249 in assets.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 281,143 | 414,144 | ||
| Accounts receivable, net | 1,116,484 | 1,077,558 | ||
| Prepaid expenses | 215,731 | 172,132 | ||
| Other current assets | 192,099 | 204,535 | ||
| Total current assets | 1,805,457 | 1,868,369 | ||
| Deposits | 17,843 | 17,192 | ||
| Property and equipment, net | 182,181 | 189,354 | ||
| Capitalized internal-use software development costs, net | 3,872,272 | 4,343,442 | ||
| Goodwill | 110,000 | 110,000 | ||
| Intangible assets | 43,591 | 46,187 | ||
| Operating lease right-of-use assets (see note 5) | 196,905 | 86,380 | ||
| Total assets | 6,228,249 | 6,660,924 | ||
| Accounts payable and accrued liabilities | 4,142,558 | 4,045,002 | ||
| Deferred revenue (see note 3) | 1,992,355 | 2,087,471 | ||
| Current portion of operating lease liabilities (see note 5) | 75,876 | 85,160 | ||
| Total current liabilities | 6,210,789 | 6,217,633 | ||
| Long-term portion of deferred revenue (see note 3) | 160,888 | 338,802 | ||
| Long-term portion of operating lease liabilities (see note 5) | 119,275 | 0 | ||
| Total long-term liabilities | 280,163 | 338,802 | ||
| Preferred stock, 10,000,000 shares authorized series a redeemable convertible preferred stock, 0.001 par value, 550,000 shares designated shares issued and outstanding 123,685 as of september 30, 2025 and december 31, 2024 (see note 6) | 2,983,857 | 2,983,857 | ||
| Common stock, 0.001 par value, 150,000,000 shares authorized, shares issued and outstanding 90,477,798 as of september 30, 2025 and december 31, 2024 | 90,479 | 90,479 | ||
| Additional paid-in capital | 19,571,425 | 19,571,425 | ||
| Accumulated deficit | -22,908,464 | -22,541,272 | ||
| Total stockholders' (deficit) equity | -262,703 | 104,489 | ||
| Total liabilities and stockholders' (deficit) equity | 6,228,249 | 6,660,924 | ||
QUOTEMEDIA INC (QMCI)
QUOTEMEDIA INC (QMCI)