Home / Going-concern warnings / Quantum Genesis AI Corp.
Filed 2025-12-15 路 Form 10-Q 路 Accession 0001477932-25-008968 cap n/a
n/a: no price data available for QGAI.
"During the three months ended October 31, 2025, the Company incurred net losses of $ 49,868 , accumulated deficits of $ 5,686,435 , and used cash in operations in the amount of $ 19,913 . These conditions raise substantial doubt about the Company's ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2025-10-31)
Why this score: quarterly (unaudited) disclosure; also within 90 days: Late annual report (NT 10-K)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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