Company research
Quantum X Inc.
CIK 1494413Updated Sep 24, 2026
SecuritiesTWOH · OTC · equityQUTX · OTC · equity
Name history
TWO HANDS Corp · through Sep 3, 2026Two Hands Corp · through Sep 3, 2026Innovative Product Opportunities Inc. · through Aug 22, 2016
TWOH price & chart
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Seeking Alpha
Recent filings
Other Events
Items 8.01, 9.01
10-Q filing
NT 10-Q filing
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 5.03, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities
Items 1.01, 2.03, 3.02, 9.01
Show 5 more recent filings
Other Events
Items 8.01, 9.01
Other Events
Items 8.01, 9.01
10-Q filing
S-8 filing
NT 10-Q filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 318,628Source | 97,735Source | 194,553Source | 230,202Source |
| Property, Plant and Equipment, NetUSD | 4,392Source | 6,025Source | 9,513Source | 13,667Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 227,585Source | 1,733Source | 24,351Source | 17,137Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 0Source | 71,431Source | 92,561Source | 94,182Source |
| Inventory, NetUSD | — | 0Source | 39,489Source | 73,621Source |
| Assets, CurrentUSD | 254,236Source | 85,447Source | 169,481Source | 193,097Source |
| Operating Lease, Right-of-Use AssetUSD | 0Source | 6,263Source | 15,559Source | 23,438Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,264,701Source | 3,665,969Source | 2,915,781Source | 1,924,171Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | — | — |
| Common Stock, Value, IssuedUSD | 650,152Source | 546,905Source | 4,210Source | 13,742Source |
| Additional Paid in CapitalUSD | 92,324,398Source | 90,288,032Source | 89,278,354Source | 78,895,425Source |
| Retained Earnings (Accumulated Deficit)USD | -95,005,002Source | -94,520,148Source | -92,086,178Source | -83,922,516Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 84,379Source | 116,977Source | 6,270Source | 39,141Source |
| Stockholders' Equity Attributable to ParentUSD | -1,946,073Source | -3,568,234Source | -2,797,344Source | -4,638,208Source |
| Liabilities and EquityUSD | 318,628Source | 97,735Source | 194,553Source | 230,202Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 2,264,701Source | 3,665,969Source | 2,158,619Source | 784,473Source |
| Operating Lease, Liability, CurrentUSD | 0Source | 6,263Source | 8,759Source | 8,230Source |
| Operating Lease, Liability, NoncurrentUSD | — | 0Source | 6,800Source | 15,208Source |
| Additional Financial Items | ||||
| Deferred Revenue, CurrentUSD | — | — | — | 22,107Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | -8,163,662Source | -21,693,111Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | 13,504,200Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | 0Source | -38,227Source | -21,648Source | -73,903Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -807,887Source | -250,503Source | -451,932Source | -840,745Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -60,000Source | 0Source | — | -10,749Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | 10,749Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 1,093,686Source | 228,750Source | 458,630Source | 350,194Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 225,852Source | -22,618Source | 7,214Source | -516,158Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 227,585Source | 1,733Source | 24,351Source | 17,137Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 0Source | 0Source | — | — |
| Income Taxes Paid, NetUSD | 0Source | 0Source | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 53Source | -865Source | 516Source | -14,858Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 0Source | 13,504,200Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 386,530Source | 174,898Source | 159,335Source | 131,828Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | — | — | -59,878Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -32,598Source | 110,707Source | -32,871Source | — |
| Gain (Loss) on Disposition of AssetsUSD | — | 0Source | 50,695Source | — |
| General and Administrative ExpenseUSD | 1,057,326Source | 1,217,145Source | 1,341,299Source | 17,845,327Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -484,854Source | -2,433,970Source | -8,163,662Source | -21,693,111Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -2,433,970Source | -5,761,738Source | -20,095,013Source |
| Nonoperating Income (Expense)USD | 572,472Source | -1,268,633Source | -6,884,475Source | -3,896,977Source |
| Operating ExpensesUSD | 1,057,326Source | 1,217,145Source | 1,341,299Source | 17,845,327Source |
| Operating Lease, ExpenseUSD | 7,439Source | 10,114Source | 10,212Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 0Source | 709,526Source | 783,489Source | 731,302Source |
| Cost of RevenueUSD | 0Source | 657,718Source | 721,377Source | 682,109Source |
| Operating Income (Loss)USD | -1,057,326Source | -1,165,337Source | -1,279,187Source | -17,796,134Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -484,854Source | -2,433,970Source | -8,163,662Source | -21,693,111Source |
| Earnings Per Share, BasicUSD per share | 0Source | 0Source | -0.56Source | — |
| Earnings Per Share, DilutedUSD per share | 0Source | 0Source | -0.56Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 5,779,846,536Source | 1,153,983,813Source | 10,352,044Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 5,779,846,536Source | 1,153,983,813Source | 10,352,044Source | — |
| Additional Financial Items | ||||
| Depreciation, Depletion and Amortization, NonproductionUSD | 8,355Source | 11,356Source | 12,662Source | 11,530Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -32,598Source | 110,707Source | -32,871Source | — |
| General and Administrative ExpenseUSD | 1,057,326Source | 1,217,145Source | 1,341,299Source | 17,845,327Source |
| Gross ProfitUSD | 0Source | 51,808Source | 62,112Source | 49,193Source |
| Interest ExpenseUSD | — | — | — | 0Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | -2,433,970Source | -5,761,738Source | -20,095,013Source |
| Nonoperating Income (Expense)USD | 572,472Source | -1,268,633Source | -6,884,475Source | -3,896,977Source |
| Operating ExpensesUSD | 1,057,326Source | 1,217,145Source | 1,341,299Source | 17,845,327Source |
| Operating Lease, ExpenseUSD | 7,439Source | 10,114Source | 10,212Source | — |
| Research and Development ExpenseUSD | — | — | — | 0Source |
Filing attachments
ex991.htm · 8-K · 2026-07-08
EX-99 2 ex991.htm EXHIBIT 99.1 Two Hands Corporation Announces Focused Listing in The US on The OTC & Voluntary Delisting from The Canadian Securities Exchange Locust Valley, New York--(Newsfile Corp. - June 30, 2026) - Two Hands Corporation (CSE: TWOH. X) (OTCID: TWOH) (" Two Hands " or the " Company ") announces that it has applied for and received approval from the Canadian Securities Exchange (the " CSE ") for a voluntary delisting of its common shares from the CSE. General trading in T…
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