QUMS
QUMS
Quantumsphere Acquisition Corp. Ordinary SharesIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $0 | $284.74K ▼ | $521.6K ▲ | 0% | $0.05 ▲ | $-284.74K ▲ |
| Q3-2025 | $0 | $596.98K ▲ | $-90.32K ▼ | 0% | $-0.01 | $-596.98K ▼ |
| Q2-2025 | $0 | $0 | $-15.46K | 0% | $-0.01 | $-15.75K |
What's going well?
The company cut its operating expenses by more than half, and net income swung positive this quarter. Lower costs show management is tightening spending.
What's concerning?
There is still no revenue, so the business is not generating sales. Profits come from non-operating sources, and the big jump in share count means existing shareholders are diluted.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $281.17K ▼ | $84.5M ▲ | $3.45M ▲ | $-3.05M ▼ |
| Q3-2025 | $444.82K ▲ | $83.89M ▲ | $3.36M ▲ | $-2.77M ▼ |
| Q2-2025 | $7.56K | $213.52K | $220K | $-6.48K |
What's financially strong about this company?
The company has no debt, so there’s no risk of default from loans. The balance sheet is simple with no hidden obligations or goodwill write-down risks.
What are the financial risks or weaknesses?
Equity is deeply negative, meaning the company owes more than it owns. Cash is running low and fell sharply this quarter, raising concerns about ongoing operations.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $521.6K ▲ | $-308.64K ▲ | $0 ▲ | $145K ▼ | $-163.65K ▼ | $-308.64K ▲ |
| Q3-2025 | $-90.32K ▼ | $-563.13K ▼ | $-82.8M ▼ | $83.8M ▲ | $437.26K ▲ | $-563.13K ▼ |
| Q2-2025 | $-15.46K | $17.6K | $0 | $-74.4K | $-56.8K | $17.6K |
What's strong about this company's cash flow?
The cash burn is shrinking, showing some improvement in managing expenses. No capital spending means the business isn't tied down by heavy investments.
What are the cash flow concerns?
The company is still burning cash and depends on outside funding to survive. Cash on hand is low, and without new funding, the runway is short.
About Quantumsphere Acquisition Corp. Ordinary Shares
Quantumsphere Acquisition Corporation is a blank check company formed to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more target businesses. The company is not limited to any particular industry or geography for its targets.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $0 | $284.74K ▼ | $521.6K ▲ | 0% | $0.05 ▲ | $-284.74K ▲ |
| Q3-2025 | $0 | $596.98K ▲ | $-90.32K ▼ | 0% | $-0.01 | $-596.98K ▼ |
| Q2-2025 | $0 | $0 | $-15.46K | 0% | $-0.01 | $-15.75K |
What's going well?
The company cut its operating expenses by more than half, and net income swung positive this quarter. Lower costs show management is tightening spending.
What's concerning?
There is still no revenue, so the business is not generating sales. Profits come from non-operating sources, and the big jump in share count means existing shareholders are diluted.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $281.17K ▼ | $84.5M ▲ | $3.45M ▲ | $-3.05M ▼ |
| Q3-2025 | $444.82K ▲ | $83.89M ▲ | $3.36M ▲ | $-2.77M ▼ |
| Q2-2025 | $7.56K | $213.52K | $220K | $-6.48K |
What's financially strong about this company?
The company has no debt, so there’s no risk of default from loans. The balance sheet is simple with no hidden obligations or goodwill write-down risks.
What are the financial risks or weaknesses?
Equity is deeply negative, meaning the company owes more than it owns. Cash is running low and fell sharply this quarter, raising concerns about ongoing operations.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $521.6K ▲ | $-308.64K ▲ | $0 ▲ | $145K ▼ | $-163.65K ▼ | $-308.64K ▲ |
| Q3-2025 | $-90.32K ▼ | $-563.13K ▼ | $-82.8M ▼ | $83.8M ▲ | $437.26K ▲ | $-563.13K ▼ |
| Q2-2025 | $-15.46K | $17.6K | $0 | $-74.4K | $-56.8K | $17.6K |
What's strong about this company's cash flow?
The cash burn is shrinking, showing some improvement in managing expenses. No capital spending means the business isn't tied down by heavy investments.
What are the cash flow concerns?
The company is still burning cash and depends on outside funding to survive. Cash on hand is low, and without new funding, the runway is short.
CEO
Ping Zhang
Compensation Summary
(Year )
Ratings Snapshot
Rating : D+