For the quarter ending 2026-03-31, QSEP has $80K in assets. $5,869K in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 33 | 6 | 49 | 778 |
| Prepaid expenses | 47 | 49 | 54 | 32 |
| Total current assets | 80 | 55 | 103 | 810 |
| Property and equipment, net | - | 0 | 1 | 3 |
| Total assets | 80 | 55 | 104 | 813 |
| Accounts payable - license agreements - past due | 3,167 | 3,167 | 3,167 | 2,551 |
| Ppp loan payable | - | 0 | 0 | 0 |
| Accounts payable and accrued expenses | 1,493 | 1,416 | 1,089 | 964 |
| Convertible notes payable, net of discounts of 0 and 16,000 respectively includes 1,209,000 and 1,116,000, respectively, in default | 1,209 | 1,351 | 1,294 | 1,380 |
| Total current liabilities | 5,869 | 5,934 | 5,550 | 4,895 |
| Total liabilities | 5,869 | 5,934 | 5,550 | 4,895 |
| Common stock, .001 par value 750,000,000 shares authorized, 550,786,275 and 543,350,596 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively | 550.786 | 543.351 | 529.195 | 519.216 |
| Additional paid-in capital | 137,046.214 | 136,182.649 | 135,101.805 | 134,511.784 |
| Accumulated deficit | -143,386 | -142,605 | -141,077 | -139,113 |
| Total stockholders deficit | -5,789 | -5,879 | -5,446 | -4,082 |
| Total liabilities and stockholders deficit | 80 | 55 | 104 | 813 |