For the quarter ending 2026-03-31, QMCI has $5,374,351 in assets.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 521,684 | 319,889 | 281,143 | 414,144 |
| Accounts receivable, net | 1,076,967 | 1,202,816 | 1,116,484 | 1,077,558 |
| Prepaid expenses | 100,841 | 78,494 | 215,731 | 172,132 |
| Other current assets | 257,604 | 242,280 | 192,099 | 204,535 |
| Total current assets | 1,957,096 | 1,843,479 | 1,805,457 | 1,868,369 |
| Deposits | 29,095 | 29,200 | 17,843 | 17,192 |
| Property and equipment, net | 161,562 | 173,937 | 182,181 | 189,354 |
| Capitalized internal-use software development costs, net | 2,936,496 | 3,405,884 | 3,872,272 | 4,343,442 |
| Goodwill | 110,000 | 110,000 | 110,000 | 110,000 |
| Intangible assets | 38,399 | 40,995 | 43,591 | 46,187 |
| Operating lease right-of-use assets (see note 5) | 141,703 | 169,735 | 196,905 | 86,380 |
| Total assets | 5,374,351 | 5,773,230 | 6,228,249 | 6,660,924 |
| Accounts payable and accrued liabilities | 4,879,313 | 4,569,306 | 4,142,558 | 4,045,002 |
| Deferred revenue (see note 3) | 1,691,713 | 1,589,900 | 1,992,355 | 2,087,471 |
| Current portion of operating lease liabilities (see note 5) | 32,558 | 53,757 | 75,876 | 85,160 |
| Total current liabilities | 6,603,584 | 6,212,963 | 6,210,789 | 6,217,633 |
| Long-term portion of deferred revenue (see note 3) | 121,730 | 282,756 | 160,888 | 338,802 |
| Long-term portion of operating lease liabilities (see note 5) | 109,991 | 117,853 | 119,275 | 0 |
| Total long-term liabilities | 231,721 | 400,609 | 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 at march 31, 2026 and december 31, 2025 (see note 6) | 2,983,857 | 2,983,857 | 2,983,857 | 2,983,857 |
| Common stock, 0.001 par value, 150,000,000 shares authorized, shares issued and outstanding 90,477,798 at march 31, 2026 and december 31, 2025 | 90,479 | 90,479 | 90,479 | 90,479 |
| Additional paid-in capital | 19,590,625 | 19,590,625 | 19,571,425 | 19,571,425 |
| Accumulated deficit | -24,125,915 | -23,505,303 | -22,908,464 | -22,541,272 |
| Total stockholders' deficit | -1,460,954 | -840,342 | -262,703 | 104,489 |
| Total liabilities and stockholders' deficit | 5,374,351 | 5,773,230 | 6,228,249 | 6,660,924 |
QUOTEMEDIA INC (QMCI)
QUOTEMEDIA INC (QMCI)