For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Patent licensing fees | - | 2,795,000 | ||
| Litigation and licensing expenses | 4,071,216 | 1,844,089 | ||
| Gross (loss) margin | -4,071,216 | 950,911 | ||
| Selling, general and administrative expenses | 3,618,068 | 2,797,380 | ||
| Total operating expenses | 3,618,068 | 2,797,380 | ||
| Loss from operations | -7,689,284 | -1,846,469 | ||
| Change in fair market value of warrant liability | 102,328 | -164,679 | ||
| Interest expense | 699,896 | 689,861 | ||
| Total other income (expense) | -802,224 | -525,182 | ||
| Loss before income tax | -8,491,508 | -2,371,651 | ||
| Income tax expense | - | 100,000 | ||
| Net loss | -8,491,508 | -2,471,651 | ||
| Basic EPS | -1.59 | -0.46 | ||
| Diluted EPS | -1.59 | -0.46 | ||
| Basic Average Shares | 5,331,973 | 5,331,973 | ||
| Diluted Average Shares | 5,331,973 | 5,331,973 | ||
QUEST PATENT RESEARCH CORP (QPRC)
QUEST PATENT RESEARCH CORP (QPRC)