For the quarter ending 2026-03-31, QPRC has $10,313,072 in assets. $30,442,408 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 619,861 | 192,606 | 175,141 | 254,659 |
| Accounts receivable, net of allowance for credit losses of 0 and 0, respectively | 9,599 | 8,251 | 8,251 | 8,251 |
| Other current assets | 26,007 | 6,399 | 11,040 | 15,869 |
| Total current assets | 655,467 | 207,256 | 194,432 | 278,779 |
| Patents, net of accumulated amortization of 5,429,395 and 4,856,737, respectively | 9,657,605 | 10,230,263 | 10,818,127 | 11,405,992 |
| Total assets | 10,313,072 | 10,437,519 | 11,012,559 | 11,684,771 |
| Accounts payable and accrued liabilities (32,640 and 10,000 due to related parties, respectively) | 248,317 | 121,938 | 133,218 | 206,096 |
| Loans payable | 138,000 | 138,000 | 138,000 | 138,000 |
| Funding liability | 24,843,017 | 22,263,516 | 17,798,856 | 17,384,381 |
| Loan payable - related party | 2,796,500 | 2,796,500 | 2,796,500 | 2,796,500 |
| Warrant liability | 146,947 | 219,458 | 131,856 | 90,951 |
| Accrued interest | 2,065,962 | 1,887,441 | 1,708,440 | 1,532,845 |
| Total current liabilities | 30,238,743 | 27,426,853 | 22,706,870 | 22,148,773 |
| Loan payable sba | 150,000 | 150,000 | 150,000 | 150,000 |
| Purchase price of patents | 53,665 | 53,665 | 53,665 | 53,665 |
| Total liabilities | 30,442,408 | 27,630,518 | 22,910,535 | 22,352,438 |
| Common stock, par value 0.00003 per share authorized 30,000,000 at march 31, 2026 and december 31, 2025 5,331,973 shares issued and outstanding at march 31, 2026 and december 31, 2025 | 160 | 160 | 160 | 160 |
| Additional paid-in capital | 17,680,793 | 17,680,793 | 17,680,793 | 17,680,793 |
| Accumulated deficit | -37,810,517 | -34,874,180 | -29,579,157 | -28,348,848 |
| Total quest patent research corporation stockholders deficit | -20,129,564 | -17,193,227 | -11,898,204 | -10,667,895 |
| Non-controlling interest in subsidiary | 228 | 228 | 228 | 228 |
| Total stockholders deficit | -20,129,336 | -17,192,999 | -11,897,976 | -10,667,667 |
| Total liabilities and stockholders deficit | 10,313,072 | 10,437,519 | 11,012,559 | 11,684,771 |
QUEST PATENT RESEARCH CORP (QPRC)
QUEST PATENT RESEARCH CORP (QPRC)