# Quantum X Labs Inc.: Form 10-K for the period ended Dec 31, 2022

- Company: [Quantum X Labs Inc.](/companies/qxl.md) (CIK 797542)
- Form: 10-K
- Filed: 2023-03-24
- Accepted by EDGAR: Mar 24, 2023, 06:16 ET
- Period: 2022-12-31
- Accession: 0001493152-23-008765
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/797542/000149315223008765/form10-k.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/797542/000149315223008765/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2022-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2022-01-01 to 2022-12-31 | $96.6m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Research and development | 12 months, 2022-01-01 to 2022-12-31 | $3.3m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 12 months, 2022-01-01 to 2022-12-31 | $2.7m | us-gaap:OperatingIncomeLoss |
| Income tax | 12 months, 2022-01-01 to 2022-12-31 | $153.0k | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months, 2022-01-01 to 2022-12-31 | $28.0k | us-gaap:NetIncomeLoss |
| Basic EPS | 12 months, 2022-01-01 to 2022-12-31 | $0.00 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 12 months, 2022-01-01 to 2022-12-31 | 15,044,630 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months, 2022-01-01 to 2022-12-31 | $3.2m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months, 2022-01-01 to 2022-12-31 | $58.0k | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 12 months, 2022-01-01 to 2022-12-31 | $73.0k | us-gaap:PaymentsOfDividends |
| Cash and equivalents | at 2022-12-31 | $4.2m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2022-12-31 | $29.8m | us-gaap:AssetsCurrent |
| Total assets | at 2022-12-31 | $63.7m | us-gaap:Assets |
| Current liabilities | at 2022-12-31 | $28.5m | us-gaap:LiabilitiesCurrent |
| Long-term debt | at 2022-12-31 | $2.9m | us-gaap:LongTermDebtNoncurrent |
| Short-term borrowings | at 2022-12-31 | $5.1m | us-gaap:ShortTermBorrowings |
| Shareholders' equity | at 2022-12-31 | $22.0m | us-gaap:StockholdersEquity |

## Sections

The sections of this filing are being extracted from EDGAR and appear here in about a minute. Meanwhile, read the original on sec.gov. https://www.sec.gov/Archives/edgar/data/797542/000149315223008765/form10-k.htm

Filed Mar 24, 2023.
Source: SEC EDGAR, the filing index for accession 0001493152-23-008765. Last ingested by Listed: Oct 24, 2026, 14:57 ET. No prices; not investment advice.