QTI: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, QTI has $22,028K in assets. $18,229K in debts. $6,900K in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-12-31
Cash and cash equivalents	6,900	10,412
Restricted cash and cash equivalents	50	50
Accounts receivable	6,353	5,781
Inventory	6,826	5,027
Prepaid expenses and other current assets	1,068	821
Total current assets	21,197	22,091
Property and equipment, net	315	318
Operating lease right-of-use assets, net	477	573
Other assets	39	39
Total assets	22,028	23,021

Accounts payable	2,927	3,580
Accrued expenses and other current liabilities	5,131	3,825
Current maturities of long-term debt	0	9
Operating lease liabilities, current	467	454
Total current liabilities	8,525	7,868
Long-term debt, less current maturities, net	1,360	683
Related party notes payable	3,895	3,895
Operating lease liabilities	82	203
Warrant liability	276	103
Derivative liability	-	0
Earnout liability	2,160	2,210
Other liabilities	1,931	1,614
Total liabilities	18,229	16,576
Common stock, 0.0001 par value 500,000 shares authorized as of march31, 2026 and december31, 2025, respectively 12,042 and 11,902 shares issued and outstanding as of march31, 2026 and december 31, 2025, respectively	1	1
Additional paid-in capital	60,228	59,468
Accumulated deficit	-56,430	-53,024
Total stockholders equity	3,799	6,445
Total liabilities and stockholders equity	22,028	23,021

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