Company research
Q/C TECHNOLOGIES, INC.
CIK 1321834Updated Oct 6, 2026
SecurityQCLS · NASDAQ · equity
Name history
Q/C TECHNOLOGIES, INC. · through Oct 2, 2026TNF Pharmaceuticals, Inc. · through Sep 10, 2025MyMD Pharmaceuticals, Inc. · through Jul 1, 2024Akers Biosciences, Inc. · through Apr 16, 2021Akers Biosciences Inc · through Apr 11, 2017
QCLS price & chart
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NASDAQ:QCLS on TradingView ↗About the company
Q/C Technologies believes the next leap in frontier computing is optical. The Company is pioneering next-generation optical computing solutions designed to harness the properties of light to perform complex computations naturally via interference. Overcoming key challenges posed by electronic GPUs, Q/C Technologies seeks to develop proprietary optical processing units with orders of magnitude faster clock speed and bandwidth and vastly improved energy efficiency relative to traditional computing architectures. qctechnologies.com
In the news
Recent filings
Entry into a Material Definitive Agreement · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 1.01, 5.02, 7.01, 9.01
Termination of a Material Definitive Agreement · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 1.02, 5.02, 9.01
10-Q filing
Termination of a Material Definitive Agreement · Other Events
Items 1.02, 8.01
10-Q filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 37,231,786Source | 24,043,759Source | 22,865,754Source | 17,151,103Source | 26,382,074Source | 38,291,383Source | 18,780,598Source | 14,493,615Source | 41,166,096Source | 21,421,084Source | 17,862,270Source | 17,539,980Source |
| GoodwillUSD | 10,498,539Source | 10,498,539Source | 10,498,539Source | 10,498,539Source | 10,498,539Source | 10,498,539Source | 10,498,539Source | 10,498,539Source | 10,498,539Source | 10,498,539Source | 10,498,539Source | 10,498,539Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | 1,192,351Source | 307,612Source | — | 536,026Source | 1,127,619Source | 73,244Source | 225,655Source | 986,996Source | 173,154Source | 2,681,010Source | 749,090Source |
| Assets, CurrentUSD | 11,146,248Source | 12,026,935Source | 11,741,118Source | 5,152,564Source | 14,357,732Source | 13,705,845Source | 6,779,381Source | 2,460,172Source | 16,580,558Source | 9,411,966Source | 5,816,342Source | 5,401,779Source |
| Operating Lease, Right-of-Use AssetUSD | — | 18,285Source | 371,541Source | — | 25,803Source | — | 2,678Source | 34,904Source | — | 10,579Source | 47,389Source | 139,662Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 15,913,502Source | 6,988,723Source | 3,791,478Source | 5,550,149Source | 25,999,781Source | 14,598,398Source | 4,938,588Source | 4,252,638Source | 16,441,042Source | 6,701,340Source | 5,088,627Source | 2,844,924Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 179,812Source | 2,472Source | 8,190Source | 29,384Source | 2,370Source | 7,846Source | 7,393Source | 2,158Source | 184,502Source | 3,364Source | 2,019Source | 108,309,436Source |
| Additional Paid in CapitalUSD | 151,558,433Source | 142,632,753Source | 168,128,886Source | 138,952,468Source | 123,272,874Source | 166,218,419Source | 139,615,517Source | 122,769,885Source | 165,545,382Source | 138,780,138Source | 114,200,096Source | — |
| Retained Earnings (Accumulated Deficit)USD | -137,562,379Source | -126,002,406Source | -152,190,703Source | -133,849,089Source | -123,321,963Source | -145,651,183Source | -131,076,525Source | -112,978,975Source | -144,122,733Source | -129,138,286Source | -101,977,067Source | -93,758,904Source |
| Stockholders' Equity Attributable to ParentUSD | 14,320,390Source | 16,777,343Source | 16,090,897Source | 5,277,287Source | 97,805Source | 20,719,606Source | 8,690,909Source | 9,937,592Source | 21,751,675Source | 9,789,740Source | 12,369,572Source | 14,695,056Source |
| Liabilities and EquityUSD | 37,231,786Source | 24,043,759Source | 22,865,754Source | 17,151,103Source | 26,382,074Source | 38,291,383Source | 18,780,598Source | 14,493,615Source | 41,166,096Source | 21,421,084Source | 17,862,270Source | 17,539,980Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 6,533,502Source | 6,988,723Source | 3,565,470Source | 5,550,149Source | 5,782,781Source | 3,689,398Source | 4,938,588Source | 3,973,023Source | 5,532,042Source | 6,701,340Source | 4,988,089Source | 2,768,983Source |
| Operating Lease, Liability, CurrentUSD | — | 18,285Source | 145,163Source | — | 25,803Source | — | 2,678Source | 35,981Source | — | 10,579Source | 48,870Source | 65,780Source |
| Accounts Payable, CurrentUSD | 3,180,662Source | 4,160,337Source | 1,337,625Source | 2,677,150Source | 4,616,513Source | 1,383,001Source | 2,593,626Source | 3,861,232Source | 2,445,346Source | 2,902,104Source | 3,716,218Source | 2,673,221Source |
| Operating Lease, Liability, NoncurrentUSD | — | — | 226,008Source | — | — | — | — | — | — | — | — | 75,941Source |
| Additional Financial Items | ||||||||||||
| Accrued Liabilities, CurrentUSD | — | 455,210Source | 764,893Source | — | 524,361Source | 422,693Source | 428,658Source | 511,047Source | 382,994Source | 386,683Source | 637,138Source | 316,666Source |
| Dividends Payable, CurrentUSD | 89,728Source | 1,498,119Source | 451,682Source | 2,843,017Source | 778,491Source | 594,397Source | 2,293,302Source | 45,828Source | 365,970Source | 2,455,675Source | 265,019Source | — |
| Property, Plant and Equipment, Net | — | — | —Source | — | — | — | — | — | — | — | — | — |
| Other Assets, Noncurrent | — | — | —Source | — | — | — | — | — | — | — | — | — |
| Dividends Payable | — | — | — | — | —Source | — | — | — | — | — | — | — |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | 13,762Source | 2,373,655Source | 104,854Source | 58,606Source | 84,636Source | 2,174,524Source | 1,057,271Source | 3,049,537Source | 695,191Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | — | — | 18,200Source | — | — | — |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | -1,606,119Source | -5,446,000Source | 4,129,000Source | -5,914,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -3,286,563Source | -2,640,240Source | -9,065,619Source | -8,976,347Source | -12,980,625Source | -12,270,068Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | 2,973,256Source | 2,540,330Source | -8,424,360Source | -6,101,329Source | 1,845,726Source | 6,913,163Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 453,930Source | — | 18,303,821Source | 12,569,820Source | 13,066,819Source | 5,550,028Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | 140,623Source | -99,910Source | 813,842Source | -2,507,856Source | 1,931,920Source | 193,123Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | — | — | — | — | 13,322Source |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | — | — | — | 12,229Source | 104,506Source | 507,390Source | 1,962,138Source | 338,922Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | — | — | — | 81,000Source | 19,000Source | 510,000Source | 1,284,000Source | 983,000Source | -388,000Source | — | — |
| Dividends Payable, CurrentUSD | — | — | 89,728Source | 1,498,119Source | 451,682Source | 2,843,017Source | 594,397Source | 2,293,302Source | 365,970Source | 2,455,675Source | 265,019Source | — |
| General and Administrative ExpenseUSD | — | — | 967,833Source | 1,104,130Source | 1,002,949Source | 894,297Source | 1,066,650Source | 841,685Source | 3,736,525Source | 4,161,907Source | 5,442,886Source | 5,520,150Source |
| GoodwillUSD | — | — | 10,498,539Source | 10,498,539Source | 10,498,539Source | 10,498,539Source | 10,498,539Source | 10,498,539Source | 10,498,539Source | 10,498,539Source | 10,498,539Source | 10,498,539Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | — | — | — | — | — | — | — | — | — | 0Source | — |
| Impairment of Intangible Assets, Finite-livedUSD | — | — | — | — | — | — | — | — | 1,500,000Source | — | — | — |
| Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment LossUSD | — | — | — | -551Source | 19,459Source | 0Source | -11,782Source | -2,176Source | -2,176Source | -976Source | — | — |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment LossUSD | — | — | — | 551Source | — | — | — | — | 2,176Source | 976Source | — | — |
| Marketable Securities, Unrealized Gain (Loss)USD | — | — | — | -4,746Source | 26,584Source | 147Source | 19,294Source | -1,597Source | 38,671Source | 671Source | 514Source | 2,958Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -2,811,388Source | -1,929,391Source | -6,616,236Source | -1,796,195Source | -1,242,777Source | -1,124,743Source | -11,627,122Source | -23,359,334Source | -3,999,950Source | -15,197,336Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -3,713,290Source | -2,680,443Source | -6,539,520Source | -2,772,564Source | -1,528,448Source | -1,938,239Source | -14,984,446Source | -27,161,219Source | -8,218,163Source | — |
| Nonoperating Income (Expense)USD | — | — | -1,022,736Source | -103,752Source | 174,500Source | 76,428Source | 612,416Source | 1,347,091Source | -1,779,765Source | -13,190,544Source | 13,123,102Source | 85,427Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | — | — | — | — | 5,550,028Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | — | — | — | — | — | 29,982Source |
| Stock or Unit Option Plan ExpenseUSD | — | — | — | — | — | — | — | 12,229Source | 777,069Source | 73,318Source | 142,565Source | 105,420Source |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | — | —Source | —Source | — | — | — | — | — | — |
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | —Source | —Source | — | — | — | — | — | — |
| Gain (Loss) on Sale of Derivatives | — | — | —Source | —Source | — | —Source | — | —Source | — | — | — | — |
| Gain (Loss) on Sale of Investments | — | — | — | — | —Source | — | —Source | —Source | — | — | — | — |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | —Source | — | — | — | — | — | — | — |
| Operating Expenses | — | — | — | — | —Source | —Source | — | — | — | — | — | — |
| Operating Lease, Expense | — | — | — | — | —Source | —Source | — | — | — | — | — | — |
| Other Nonoperating Income (Expense) | — | — | — | — | —Source | —Source | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Income (Loss)USD | — | — | -1,788,652Source | -1,825,639Source | -6,790,736Source | -1,872,623Source | -1,855,193Source | -2,471,834Source | -9,847,357Source | -10,168,790Source | -17,123,052Source | -15,282,763Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | -2,811,388Source | -1,929,391Source | -6,616,236Source | -1,796,195Source | -1,242,777Source | -1,124,743Source | -11,627,122Source | -23,359,334Source | -3,999,950Source | -15,197,336Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -2,811,388Source | -1,929,391Source | -6,616,236Source | -1,796,195Source | -1,242,777Source | -1,124,743Source | -11,627,122Source | -23,359,334Source | -3,999,950Source | -15,197,336Source |
| Earnings Per Share, BasicUSD per share | — | — | -2.5Source | -107.62Source | -0.79Source | -51.1Source | -0.19Source | -0.36Source | -8.66Source | -11.15Source | -5.33Source | -0.39Source |
| Earnings Per Share, DilutedUSD per share | — | — | -2.5Source | -107.62Source | -0.79Source | -51.1Source | -0.19Source | -0.36Source | -8.66Source | -11.15Source | -5.33Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 1,483,341Source | 24,907Source | 8,235,978Source | 54,261Source | 8,059,560Source | 5,349,662Source | 1,729,946Source | 2,437,000Source | 1,542,453Source | 38,825,763Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 1,483,341Source | 24,907Source | 8,235,978Source | 54,261Source | 8,059,560Source | 5,349,662Source | 1,729,946Source | 2,437,000Source | 1,542,453Source | — |
| Additional Financial Items | ||||||||||||
| General and Administrative ExpenseUSD | — | — | 967,833Source | 1,104,130Source | 1,002,949Source | 894,297Source | 1,066,650Source | 841,685Source | 3,736,525Source | 4,161,907Source | 5,442,886Source | 5,520,150Source |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment LossUSD | — | — | — | 551Source | — | — | — | — | 2,176Source | 976Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -3,713,290Source | -2,680,443Source | -6,539,520Source | -2,772,564Source | -1,528,448Source | -1,938,239Source | -14,984,446Source | -27,161,219Source | -8,218,163Source | — |
| Nonoperating Income (Expense)USD | — | — | -1,022,736Source | -103,752Source | 174,500Source | 76,428Source | 612,416Source | 1,347,091Source | -1,779,765Source | -13,190,544Source | 13,123,102Source | 85,427Source |
| Preferred Stock Dividends and Other AdjustmentsUSD | — | — | 901,902Source | 751,052Source | -76,716Source | 976,369Source | 285,671Source | 813,496Source | 3,357,324Source | 3,801,885Source | 4,218,213Source | — |
| Research and Development ExpenseUSD | — | — | 356,352Source | 707,747Source | 236,133Source | 873,472Source | 510,534Source | 1,545,513Source | 3,471,841Source | 3,441,010Source | 7,867,795Source | 9,067,422Source |
| Other Nonoperating Income (Expense) | — | — | — | — | —Source | —Source | — | — | — | — | — | — |
| Operating Expenses | — | — | — | — | —Source | —Source | — | — | — | — | — | — |
| Operating Lease, Expense | — | — | — | — | —Source | —Source | — | — | — | — | — | — |
Offerings
Registration 333-293394
Filing attachments
ex99-1.htm · 8-K · 2026-09-18
EX-99.1 4 ex99-1.htm EX-99.1 Exhibit 99.1 Q/C Technologies Names Yossef Ehrlichman Chief Technology Officer to Lead Optical Processor Development Proprietary silicon photonic architecture targets critical bandwidth, energy efficiency and scalability demands of AI inference Optical processors aim to cut the energy and bandwidth cost of moving data in AI systems SAN FRANCISCO, September 15, 2026 - Q/C Technologies, Inc. (Nasdaq: QCLS) (“Q/C Technologies” or “the Company”), a developer o…
Read attachment ↗ex4-1.htm · 10-K · 2026-04-15
Exhibit 4.1 DESCRIPTION OF SECURITIES REGISTERED PURSUANT TO SECTION 12 OF THE SECURITIES EXHANGE ACT OF 1934, AS AMENDED This description of the capital stock of TNF Pharmaceuticals, Inc., a Delaware corporation (“we,” “our” and the “Company”) is intended as a summary and is qualified in its entirety by reference to our Certificate of Incorporation (the “Certificate of Incorporation”) and the Bylaws (the “Bylaws”) as currently in effect, copies of which are filed as exhibits to our Annual Rep…
Read attachment ↗ex107.htm · S-3 · 2026-02-11
Exhibit 107 Calculation of Filing Fee Tables Form S-3 (Form Type) Q/C Technologies, Inc. (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered and Carry Forward Securities Security Security Fee Amount Proposed Maximum Fee Amount Carry …
Read attachment ↗ex4-20.htm · S-3 · 2026-02-11
Exhibit 4.20 Q/C TECHNOLOGIES, INC. Issuer AND [ ] Trustee INDENTURE Dated as of [ ] Senior Debt Securities CROSS-REFERENCE TABLE (1) Section Section of Trust Indenture Act of 1939, as Amended of Indenture ──────────────────────────────────────────────────────────────── 310(a). 7.09 310(b). 7.08 7.10 31…
Read attachment ↗ex4-21.htm · S-3 · 2026-02-11
Exhibit 4.21 Q/C TECHNOLOGIES, INC. Issuer AND [ ] Trustee INDENTURE Dated as of [ ] Subordinated Debt Securities CROSS-REFERENCE TABLE (1) Section Section of of Trust Indenture Act of 1939, as Amended Indenture ──────────────────────────────────────────────────────────────── 310(a). 7.09 310(b). 7.08 7.10…
Read attachment ↗ex99-1.htm · 8-K · 2026-01-23
Exhibit 99.1 Q/C Technologies Appoints AI Systems Leader Chelsea Voss to Board of Directors New York, NY, Jan. 20, 2026 (GLOBE NEWSWIRE) - Q/C Technologies, Inc. (Nasdaq: QCLS) (“Q/C Technologies” or “the Company”), a pioneer of quantum-class computing at the speed of light, today announced the appointment of Chelsea Voss to its Board of Directors. Ms. Voss is a computer scientist and Member of Technical Staff at OpenAI, where she has played a key role in the development, evaluation, and laun…
Read attachment ↗