QUMSR
QUMSR
Quantumsphere Acquisition Corp. RightsIncome 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 improved sharply thanks to a big boost from other income. The swing from loss to profit is a positive headline.
What's concerning?
There is still no revenue, and profits came from non-operating sources, not from running a business. The big increase in share count dilutes existing shareholders.
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?
No debt at all, so there is no risk of default from loans. Most assets are tangible investments, not accounting entries.
What are the financial risks or weaknesses?
Cash is running low, equity is deeply negative, and the company has a history of losses. Without new funding, survival is at risk.
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?
Cash burn is improving, with losses shrinking from $563K to $309K. The company is not spending on expensive equipment, keeping costs down.
What are the cash flow concerns?
Still burning cash every quarter, with only $281K left—less than a year of runway. The business depends on outside funding and recently diluted shareholders heavily.
About Quantumsphere Acquisition Corp. Rights
Quantumsphere Acquisition Corp. Rights represent rights issued to shareholders, where each right entitles the holder to receive one-seventh (1/7) of one ordinary share upon consummation of the company's initial business combination. The rights began trading separately on NASDAQ under the ticker "QUMSR.".
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 improved sharply thanks to a big boost from other income. The swing from loss to profit is a positive headline.
What's concerning?
There is still no revenue, and profits came from non-operating sources, not from running a business. The big increase in share count dilutes existing shareholders.
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?
No debt at all, so there is no risk of default from loans. Most assets are tangible investments, not accounting entries.
What are the financial risks or weaknesses?
Cash is running low, equity is deeply negative, and the company has a history of losses. Without new funding, survival is at risk.
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?
Cash burn is improving, with losses shrinking from $563K to $309K. The company is not spending on expensive equipment, keeping costs down.
What are the cash flow concerns?
Still burning cash every quarter, with only $281K left—less than a year of runway. The business depends on outside funding and recently diluted shareholders heavily.
CEO
Ping Zhang