Company Quick10K Filing
QS Energy
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 298 $72
10-Q 2019-11-14 Quarter: 2019-09-30
10-Q 2019-08-14 Quarter: 2019-06-30
10-Q 2019-05-15 Quarter: 2019-03-31
10-K 2019-04-01 Annual: 2018-12-31
10-Q 2018-11-14 Quarter: 2018-09-30
10-Q 2018-08-14 Quarter: 2018-06-30
10-Q 2018-05-15 Quarter: 2018-03-31
10-K 2018-04-02 Annual: 2017-12-31
10-Q 2017-11-14 Quarter: 2017-09-30
10-Q 2017-08-14 Quarter: 2017-06-30
10-Q 2017-05-15 Quarter: 2017-03-31
10-K 2017-03-31 Annual: 2016-12-31
10-Q 2016-11-09 Quarter: 2016-09-30
10-Q 2016-08-09 Quarter: 2016-06-30
10-Q 2016-05-10 Quarter: 2016-03-31
10-K 2016-03-15 Annual: 2015-12-31
10-Q 2015-11-09 Quarter: 2015-09-30
10-Q 2015-08-07 Quarter: 2015-06-30
10-Q 2015-05-11 Quarter: 2015-03-31
10-K 2015-03-16 Annual: 2014-12-31
10-Q 2014-11-10 Quarter: 2014-09-30
10-Q 2014-08-11 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-K 2014-03-17 Annual: 2013-12-31
10-Q 2013-11-12 Quarter: 2013-09-30
10-Q 2013-08-08 Quarter: 2013-06-30
10-Q 2013-05-06 Quarter: 2013-03-31
10-K 2013-03-22 Annual: 2012-12-31
10-Q 2012-08-14 Quarter: 2012-06-30
10-Q 2012-05-11 Quarter: 2012-03-31
10-K 2012-03-30 Annual: 2011-12-31
10-Q 2011-11-10 Quarter: 2011-09-30
10-Q 2011-08-12 Quarter: 2011-06-30
10-Q 2011-05-11 Quarter: 2011-03-31
10-K 2011-03-31 Annual: 2010-12-30
10-Q 2010-11-15 Quarter: 2010-09-30
10-Q 2010-08-16 Quarter: 2010-06-30
10-Q 2010-05-14 Quarter: 2010-03-31
10-K 2010-03-31 Annual: 2009-12-31
8-K 2020-03-04 Other Events, Exhibits
8-K 2019-06-04 Sale of Shares, Exhibits
8-K 2018-11-09 Shareholder Vote
8-K 2018-09-05 Other Events, Exhibits

QS Energy Financials

QSEP Metrics, Comps, Filings

Annual | Quarterly

Business

The discussion of our business is as of the date of filing this report, unless otherwise indicated.

Our Company was incorporated on February 18, 1998, as a Nevada Corporation under the name Mandalay Capital Corporation. The Company changed its name to Save the World Air, Inc. on February 11, 1999. Effective August 11, 2015, the Company changed its name to QS Energy, Inc. The name change was affected through a short-form merger pursuant to Section 92A.180 of the Nevada Revised Statutes. Additionally, QS Energy Pool, Inc., a California corporation, was formed as a wholly-owned subsidiary of the Company on July 6, 2015 to serve as a vehicle for the Company to explore, review and consider acquisition opportunities. To date, QS Energy Pool has not entered into any acquisition transaction. However, the Company will still consider entering into potential beneficial acquisitions. The Company is considering dissolving QS Energy Pool to reduce costs associated with operating this subsidiary. The Company's common stock is quoted under the symbol “QSEP” on the Over-the-Counter Bulletin Board. More information including the Company's fact sheet, logos and media articles are available at our corporate website, www.qsenergy.com.

Between 2011 and 2012, the Company transitioned from prototype testing of its AOT technology at the U.S. Department of Energy Rocky Mountain Oilfield Testing Center, Midwest, Wyoming (“RMOTC”), to the design and production of full-scale commercial prototype units. The Company worked in a collaborative engineering environment with multiple energy industry companies to refine the AOT Midstream commercial design to comply with the stringent standards and qualification processes as dictated by independent engineering audit groups and North American industry regulatory bodies. In May 2013, the Company's first commercial prototype unit known as AOT Midstream, was completed.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
EdgeWater Technology (EDGW) 75,255 28% -2.3 -43% 73,172 23,780 126,859 36,052 -31,143 -28,012 65,811
Postal Realty Trust (PSTL) 80,098 0% 59.4 -0% 88,328 30,340 5,414 0 -339 1,495 88,755
Invesco DB Energy Fund (DBE) 57,876 5.8 17% 57,446 1,398 0 0 9,989 9,998 57,876
Bowl America (BWLA) 82,317 0% 17.2 10% 29,755 6,452 24,102 0 2,894 4,728 81,193
Corning Natural Gas (CNIG) 73,229 70% 11.4 3% 118,609 52,954 35,540 24,990 3,124 10,059 115,115
Carbon Energy (CRBO) 72,668 95% 3.1 2% 304,504 223,025 92,326 87,934 7,340 22,227 69,154
I-AM Capital Acquisition (IAMXU) 79,478 0% -24.0 -35% 9,647 2,596 89 0 -3,344 -3,278 78,532
QS Energy (QSEP) 30,268 -6.6 -608% 777 2,648 0 0 -4,728 -4,721 30,948
Senomyx (SNMX) 71,057 0% 0% 21,391 7,333 26,377 0 0 0 56,357
Anchor Bancorp (ANCB) 70,950 6.8 1% 478,880 410,204 0 0 2,434 10,456 70,950
RLJ Entertainment (RLJE) 70,946 46% -36.9 -5% 146,899 136,071 93,640 42,654 -7,438 -3,316 122,300
Super League Gaming (SLGG) 39,507 54% -1.1 -138% 18,773 1,567 822 443 -25,991 -25,147 26,921
Lexaria Bioscience (LXRP) 56,727 90% -13.6 -155% 2,675 185 223 200 -4,158 -4,080 55,442
Weed (BUDZ) 54,162 -2.2 -969% 2,539 760 0 0 -24,599 -24,471 54,149
George Risk (RSKIA) 69,554 49% 14.1 8% 43,193 3,715 14,291 7,032 3,628 4,558 64,342
American Resources (AREC) 18,542 116% -1.0 -39% 67,836 60,725 18,184 21,119 -26,371 -23,183 22,654
Easterly Acquisition (EACQ) 68,264 22.5 2% 146,697 10,863 0 0 3,039 3,039 68,262
Poage Bankshares (PBSK) 68,196 17.6 -1% 440,728 379,510 0 0 -2,208 2,582 45,344
Omnicomm Systems (OMCM) 67,280 81% -19.4 -44% 11,253 24,136 19,457 15,843 -4,922 -3,707 71,940
Cyber Apps World (CETC) 50,099 -3,249.8 -1% 1,364 215 0 0 -15 -15 50,099

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312016-12-312017-12-312018-12-31
Cash6181,6024,1372,2481362041,153
Accounts Receivable
Inventory
PP&E76566922174624
Assets7821,7084,2362,3481862901,213
Accounts Payable4058058521,073
Long-Term Debt2454405802,009
Liabilities3,8874,6051,1609791,5442,1642,695
Stockholders' Equity-3,105-2,8983,0751,368-1,358-1,874-1,482
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312016-12-312017-12-312018-12-31
Revenue002400500
Cost of Revenue00
Gross Profit00
R&D1,1306932,011893279243208
SG&A
Tax1110020
Net Income-10,856-13,092-10,656-4,006-4,000-4,835-3,059
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312016-12-312017-12-312018-12-31
Cash Operating-4,724-4,518-5,912-3,528-1,626-1,786-1,476
Cash Investing-32-16190-5-490
Cash Financing5,2725,5188,4281,6381,4181,9032,425