For the year ending 2025-12-31, QSEP had -$144K decrease in cash & cash equivalents over the period. -$4,008K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -15,305 |
| Fair value of vested options and warrants | 7,407 |
| Stock-based compensation expense warrant modification | 511 |
| Fair value of common stock issued for services | 1,451 |
| Issuance of common stock as compensation | 240 |
| Amortization of debt discount | 204 |
| Accrued interest expense | 146 |
| Depreciation | 3 |
| Prepaid expenses | 38 |
| Accounts payable and accrued expenses | 639 |
| Accounts payable license agreements | 734 |
| Operating lease liabilities | 0 |
| Net cash used in operating activities | -4,008 |
| Purchase of property and equipment | 0 |
| Net cash used in investing activities | 0 |
| Net proceeds from issuance of convertible notes and warrants | 2,285 |
| Net proceeds from exercise of warrants and options | 1,603 |
| Principal payment on ppp loan payable | 24 |
| Net cash provided by financing activities | 3,864 |
| Net increase (decrease) in cash | -144 |
| Cash, beginning of period | 150 |
| Cash, end of period | 6 |
QS Energy, Inc. (QSEP)
QS Energy, Inc. (QSEP)