Financial insights of QSI

MyFinsight

For the quarter ending 2026-03-31, QSI made $258K in revenue. -$22,047K in net income. Net profit margin of -8545.35%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenue	258	451	552	591
Product	177	329	353	230
Service	7	0	5	10
Total cost of revenue	184	329	358	240
Gross profit	74	122	194	351
Research and development	14,487	10,946	13,883	15,213
Selling, general and administrative	9,640	10,270	10,707	11,896
Lease termination expense, net	-	-2,581*	-13,577	-
Legal settlement expense, net of insurance proceeds	-	-2,581*	1,800	3,362
Total operating expenses	24,127	21,216	39,967	30,471
Loss from operations	-24,053	-21,094	-39,773	-30,120
Dividend income	131	174*	-	-
Interest income	1,744	2,042*	-	-
Dividend and interest income	-	-	2,580	2,312
Unrealized gain on trading securities	-	0*	-	-
Change in fair value of warrant liabilities	-	-	-	-994
Realized loss on trading securities	-	0*	-	-
Change in fair value of warrant liabilities	357	285	1,516	-1,000
Other income (expense), net	28	990	-7	-14
Loss before provision for income taxes	-21,793	-17,603	-35,684	-28,816
Benefit (provision) for income taxes	-122	8	19	20
Net loss	-21,671	-17,611	-35,703	-28,836
Net unrealized loss on marketable securities, net of tax	-304	-58	102	-54
Foreign currency translation adjustment	-72	-2	-8	16
Total other comprehensive loss, net of tax	-376	-60	94	-38
Comprehensive loss	-22,047	-17,671	-35,609	-28,874

Basic EPS	-0.1	-0.082	-0.17	-0.16
Diluted EPS	-0.1	-0.082	-0.17	-0.16
Basic Average Shares	216,472,000	216,091,000	209,041,000	183,625,000
Diluted Average Shares	216,472,000	216,091,000	209,041,000	183,625,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.