QUANTUM X LABS INC.
QXL · Services-Prepackaged Software · 13.3M shares · -33%/yr ↓ buyback · EDGAR filings ↗
Reference price $2.00 · est. market cap ~$27M — last insider sale, 2026-03-31 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
F30Distressed micro-cap with deeply negative returns and a critically weak balance sheet.
Strengths
- n/a — no durable positives
Risks
- Deeply negative returns — ROE -386.6% (0th), ROA -179.3% (0th)
- Critically weak liquidity — current ratio 0.41 (2nd)
- Going-concern-level financial fragility — qualitative (per 10-K)
Notable findings
- Going concern● The report of our independent registered public accounting firm contains an explanatory paragraph regarding substantial doubt about our ability to continue as a going concern, which could preven
- Exec changeRecent 8-K item 5.02 8-K ↗
- Weak liquidityCurrent ratio 0.41 (<1)
- Buying back stockNet buyback — share count -33%/yr over 3y
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
-386.6%
Return on assets
-179.3%
ROIC
-30.9%
Revenue growth (QoQ)
19.1%
Debt / equity
0.1×
Current ratio
0.4×
EBITDA
-$1M
Tangible book value
-$3M
Cash & investments
$1M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-31 | Yoresh Eliyahu | Option exercise | 89K | $0.00 |
| 2026-05-31 | Baranes Yakov | Option exercise | 246K | $0.00 |
| 2026-03-31 | Weiss Amitay | Sell | 30K | $2.00 |
| 2026-03-04 | Yoresh Eliyahu | Buy | 179K | — |
| 2025-09-03 | Yoresh Eliyahu | Buy | 260K | $1.00 |
| 2025-09-03 | Yoresh Eliyahu | Gift | 100K | — |
| 2025-07-11 | Yoresh Eliyahu | Buy | 5.1K | $4.86 |
| 2025-06-17 | Yoresh Eliyahu | Gift | 405 | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (1)
- Ramot
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-29 | OtherExhibits | filing ↗ |
| 2026-05-15 | Exec/director changeExhibits | filing ↗ |
| 2026-05-14 | OtherExhibits | filing ↗ |
| 2026-04-30 | 5.03Reg FDOtherExhibits | filing ↗ |
| 2026-04-21 | Reg FDOtherExhibits | filing ↗ |
| 2026-01-02 | Material agreement3.02Exhibits | filing ↗ |
| 2025-12-15 | Material agreement3.02Exhibits | filing ↗ |
| 2025-11-14 | Other | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-29 | 2026-05-28 | 0001493152-26-025728 ↗ |
| 8-K | 2026-05-15 | 2026-05-14 | 0001493152-26-023849 ↗ |
| 10-Q | 2026-05-14 | 2026-03-31 | 0001493152-26-023169 ↗ |
| 8-K | 2026-05-14 | 2026-05-14 | 0001493152-26-023096 ↗ |
| 8-K | 2026-04-30 | 2026-04-29 | 0001493152-26-019787 ↗ |
| 8-K | 2026-04-21 | 2026-04-21 | 0001493152-26-018217 ↗ |
| 10-K | 2026-03-27 | 2025-12-31 | 0001493152-26-013205 ↗ |
| 8-K | 2026-01-02 | 2026-01-01 | 0001493152-26-000144 ↗ |
| 8-K | 2025-12-15 | 2025-12-15 | 0001493152-25-027799 ↗ |
| 10-Q | 2025-11-14 | 2025-09-30 | 0001493152-25-023501 ↗ |
| 8-K | 2025-11-14 | 2025-11-13 | 0001493152-25-022517 ↗ |
| 8-K | 2025-11-12 | 2025-11-09 | 0001493152-25-021947 ↗ |