| Cash Flow | 2026-06-30 | 2026-03-31 | 2025-12-31 |
|---|---|---|---|
| Change in fair value of convertible debt | 0 | - | - |
| Bad debt expense | 0 | - | - |
| Realized foreign currency translation | 683,433 | - | - |
| Share-based compensation | 5,961,258 | 800,000 | 1,202,954 |
| Stock option expense | -528,922 | 176,531 | 1,472,279 |
| Depreciation and amortization | -2,294 | 58,000 | 615,720 |
| Impairment loss of property and equipment | - | 538,393 | 2,640,280 |
| Inventory write-down | -1,280 | 68,330 | 312,151 |
| Accretion expense | 2,463 | 22,217 | 202,801 |
| Gain on sale of intellectual property related party | 0 | 348,966 | - |
| Change in fair value of convertible debt | - | - | 21,000 |
| Gain on settlement of note payable - silent partnership | 41,694 | 70,246 | - |
| Gain on sale and disposal of assets | 739,393 | -302,592 | -163,248 |
| Non-cash lease expense | 1,129,415 | 87,883 | 277,036 |
| Accounts and other receivable, net | 72,113 | -4,870 | -114,630 |
| Accounts receivable - related party | 0 | -61,030 | 43,792 |
| Inventories | 598 | -148,064 | 99,561 |
| Prepaid expenses and other assets | 1,985,349 | -84,287 | -791,288 |
| Accounts payable and accrued liabilities | -588,822 | 542,688 | -2,073,730 |
| Accounts payable and accrued expense - related party | 0 | -13,956 | 3,557 |
| License fee payable | 1,750,000 | - | - |
| Operating lease liabilities | -1,200,338 | -87,728 | -326,730 |
| Selling And Marketing Expense | 1,740,373 | - | - |
| Sales and marketing | 1,740,373 | - | - |
| Research and development | 4,579,321 | - | - |
| General and administrative | 6,032,282 | - | - |
| Total operating expenses | 12,351,976 | - | - |
| Nonoperating Income Expense | -205,939 | - | - |
| Other expense | -205,939 | - | - |
| Income Loss From Discontinued Operations Net Of Tax | -3,540,547 | - | - |
| Loss from discontinued operations | -3,540,547 | - | - |
| Net loss | -11,016,480 | -5,081,982 | -16,210,718 |
| Net cash (used in) operating activities | -7,189,107 | -2,707,993 | -10,979,587 |
| Other investing cash flows | 0 | - | - |
| Payment for intangible asset | 200,000 | 300,000 | 700,000 |
| Payment for intangible asset - related party | 0 | 350,000 | 350,000 |
| Purchase of property and equipment | 136,799 | 658 | 1,216 |
| Proceeds from sales of property and equipment | - | - | 17,815 |
| Proceeds from sales of assets | 1,250,000 | - | - |
| Net cash provided by (used in) investing activities | 913,201 | -650,658 | -1,033,401 |
| Proceeds from silent partnerships | 0 | - | - |
| Payments of lease obligations | 0 | - | - |
| Proceeds from exercise of pre-funded warrants | 0 | - | 8,248,261 |
| Proceeds from exercise of warrants | 15,235,041 | - | - |
| Proceeds from issuance of preferred shares | 0 | 6,000,000 | - |
| Proceeds from issuance of ordinary shares | 1 | 2,088,238 | - |
| Repayments of convertible debt | 40,810 | 20,529 | 1,000,000 |
| Payments on silent partnerships | 66,986 | 736,954 | 243,405 |
| Payments on loan payable | 163,391 | 63,530 | 241,816 |
| Net cash provided byfinancing activities | 14,963,855 | 7,267,225 | 6,763,040 |
| Effect of changes in exchange rates | 13,737 | -44,699 | -96,631 |
| Net increase (decrease) in cash | 8,701,686 | 3,863,875 | -5,346,579 |
| Cash at beginning of period | 4,752,966 | 889,091 | - |
| Cash at beginning of year | - | - | 6,235,670 |
| Cash at end of period | 13,454,652 | 4,752,966 | - |
| Cash at end of period - continuing operations | 13,376,044 | - | 889,091 |
| Cash at end of period - discontinued operations | 78,608 | - | - |
Quantum Cyber N.V. (QUCY)
Quantum Cyber N.V. (QUCY)