Company research
QTREX Quantum Ltd.
CIK 1837493Updated Sep 24, 2026
SecurityQTEX · NASDAQ · equity
Historical securities (2)
IINN · UNKNOWN · equity · closed May 19, 2026IINNW · UNKNOWN · warrant · closed May 19, 2026Name history
Inspira Technologies OXY B.H.N. Ltd · through May 19, 2026
QTEX price & chart
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NASDAQ:QTEX on TradingView ↗About the company
We are a technology company focused on the research, development, manufacturing, and commercialization of advanced connectivity solutions for the quantum computing industry. Our development efforts are directed toward addressing a key hardware scaling constraint facing superconducting quantum computing systems, namely the cryogenic interconnect infrastructure that delivers control and readout signals between room-temperature electronics and the millikelvin qubit environment inside a dilution refrigerator. As superconducting quantum systems scale toward larger qubit counts, conventional cryogenic wiring can impose constraints relating to thermal load, mechanical congestion, microwave performance, manufacturing variability, and integration complexity. We are developing a monolithic interconnect architecture that integrates the conductor, radio-frequency dielectric, shielding, thermal management, and mechanical routing into a single engineered structure, designed to replace discrete, manually assembled cabling and support higher channel density and reliability.
In the news
QTREX Establishes U.S. Subsidiary to Advance Federal Government Contracting ↗
Inspira Technologies Receives Nasdaq Notification Regarding Minimum Bid Requirement News provided by Inspira Technologies Mar 13, 2025, 16:30 ET Share this article Share to X Share this article Share to X RA'ANANA, Israel , March 13, 2025 /PRNewswire/ -- Inspira™ Technologies OXY B.H.N. Ltd. (Nasdaq ↗
Inspira Technologies Reports Full Year 2024 Financial Results and Provides Business Updates News provided by Inspira Technologies Mar 11, 2025, 08:30 ET Share this article Share to X Share this article Share to X Significant progress in HYLA blood sensor and INSPIRA ART core technologies RA'ANANA, I ↗
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 5,341,000Source | 8,070,000Source | 9,310,000Source | 16,012,000Source |
| Property, Plant and Equipment, NetUSD | 452,000Source | 499,000Source | 506,000Source | 411,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 3,159,000Source | 5,111,000Source | 5,041,000Source | — |
| Inventory, NetUSD | 735,000Source | 444,000Source | — | — |
| Assets, CurrentUSD | 4,411,000Source | 6,810,000Source | 7,793,000Source | — |
| Operating Lease, Right-of-Use AssetUSD | 478,000Source | 761,000Source | 1,011,000Source | — |
| Other Assets, NoncurrentUSD | 930,000Source | — | — | — |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 0Source | — | — | — |
| Additional Paid in CapitalUSD | — | — | 61,259,000Source | — |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -79,794,000Source | -66,574,000Source | -55,521,000Source | — |
| Stockholders' Equity Attributable to ParentUSD | 2,323,000Source | 4,322,000Source | 5,738,000Source | — |
| Additional Paid in Capital, Common StockUSD | 82,117,000Source | 70,896,000Source | — | — |
| Liabilities and EquityUSD | 5,341,000Source | 8,070,000Source | 9,310,000Source | — |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 2,824,000Source | 3,370,000Source | 2,984,000Source | — |
| Operating Lease, Liability, CurrentUSD | 286,000Source | 277,000Source | 290,000Source | — |
| Operating Lease, Liability, NoncurrentUSD | 194,000Source | 378,000Source | 588,000Source | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | — | — | 80,000Source | — |
| DeferredTaxAssetsUSD | — | — | — | 1,107,000Source |
| Short-term InvestmentsUSD | — | 700,000Source | 2,300,000Source | — |
| TradeAndOtherCurrentPayablesUSD | — | — | — | 150,000Source |
| TradeAndOtherPayablesUSD | — | — | — | 5,391,000Source |
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 | — | — | -11,286,000Source | -10,273,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 3,575,000Source | 1,892,000Source | 1,427,000Source | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | 291,000Source | 444,000Source | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -9,861,000Source | -9,374,000Source | -9,756,000Source | — |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 565,000Source | 1,488,000Source | 4,594,000Source | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | 103,000Source | 164,000Source | 206,000Source | — |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | 89,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 7,327,000Source | 7,902,000Source | 3,453,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 3,257,000Source | 5,201,000Source | 5,130,000Source | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 65,000Source | 72,000Source | 93,000Source | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 25,000Source | 55,000Source | — | — |
| Additional Financial Items | ||||
| AdjustmentsForIncreaseDecreaseInTradeAccountPayableUSD | — | — | — | 71,000Source |
| AdjustmentsForSharebasedPaymentsUSD | — | — | — | 4,879,000Source |
| Share-based Payment Arrangement, ExpenseUSD | — | 1,683,000Source | 1,352,000Source | — |
| Amortization of Debt Issuance CostsUSD | 0Source | — | 205,000Source | — |
| DepreciationUSD | 150,000Source | 171,000Source | 111,000Source | — |
| Depreciation, NonproductionUSD | 334,000Source | 371,000Source | 291,000Source | — |
| DividendsPaidClassifiedAsFinancingActivitiesUSD | — | — | — | 399,000Source |
| Fair Value, Option, Changes in Fair Value, Gain (Loss)USD | 720,000Source | -47,000Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -101,000Source | -77,000Source | — | — |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | 25,000Source | 55,000Source | — | — |
| General and Administrative ExpenseUSD | 5,532,000Source | 4,185,000Source | 4,063,000Source | 723,000Source |
| Income Tax Expense (Benefit)USD | 0Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -13,220,000Source | -11,053,000Source | -11,286,000Source | — |
| Operating Lease, ExpenseUSD | 469,000Source | 390,000Source | — | — |
| Other Nonoperating Income (Expense)USD | 339,000Source | 42,000Source | 529,000Source | — |
| Other Operating Income (Expense), NetUSD | -9,000Source | -5,000Source | -4,000Source | — |
| Proceeds from Issuance of Common StockUSD | 4,646,000Source | — | 2,128,000Source | — |
| Proceeds from Stock Options ExercisedUSD | 10,000Source | 2,000Source | 3,000Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 289,000Source | — | — | — |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -13,623,000Source | -11,267,000Source | -12,133,000Source | — |
| Other Nonoperating Income (Expense)USD | 339,000Source | 42,000Source | 529,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -13,220,000Source | -11,053,000Source | -11,286,000Source | — |
| Income Tax Expense (Benefit)USD | 0Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -13,220,000Source | -11,053,000Source | -11,286,000Source | — |
| Earnings Per Share, BasicUSD per share | -0.45Source | -0.6Source | -0.93Source | — |
| Earnings Per Share, DilutedUSD per share | -0.45Source | -0.6Source | -0.93Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 29,623,194Source | 18,515,545Source | 12,095,477Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 29,623,194Source | 18,515,545Source | 12,095,477Source | — |
| Additional Financial Items | ||||
| ApplicableTaxRatenumber | — | — | — | 0.23Source |
| BasicEarningsLossPerShareUSD per share | — | — | — | -0.95Source |
| Benefits, Losses and ExpensesUSD | — | — | 546,000Source | — |
| DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossUSD | — | — | — | -300,000Source |
| DepreciationAndAmortisationExpenseUSD | — | — | — | 300,000Source |
| DilutedEarningsLossPerShareUSD per share | — | — | — | -0.95Source |
| ExpenseFromSharebasedPaymentTransactionsWithEmployeesUSD | — | — | — | 501,000Source |
| Fair Value, Option, Changes in Fair Value, Gain (Loss)USD | 720,000Source | -47,000Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -101,000Source | -77,000Source | — | — |
| General and Administrative ExpenseUSD | 5,532,000Source | 4,185,000Source | 4,063,000Source | 723,000Source |
| Gross ProfitUSD | 2,000Source | — | — | — |
| Interest ExpenseUSD | — | — | 1,163,000Source | — |
| Labor and Related ExpenseUSD | 4,461,000Source | 4,079,000Source | 4,429,000Source | — |
| Management Fee ExpenseUSD | — | — | 19,000Source | — |
| Operating Lease, ExpenseUSD | 469,000Source | 390,000Source | — | — |
| OperatingLeaseIncomeUSD | — | — | — | 14,800,000Source |
| Other Operating Income (Expense), NetUSD | -9,000Source | -5,000Source | -4,000Source | — |
| ProfessionalFeesExpenseUSD | — | — | — | 1,522,000Source |
| ProfitLossAttributableToOwnersOfParentUSD | — | — | — | 10,300,000Source |
| ProfitLossBeforeTaxUSD | — | — | — | 10,273,000Source |
| ProfitLossFromOperatingActivitiesUSD | — | — | — | 14,770,000Source |
| Research and Development ExpenseUSD | 7,496,000Source | 6,323,000Source | 7,320,000Source | — |
| Selling and Marketing ExpenseUSD | 588,000Source | 754,000Source | 746,000Source | — |
Offerings
Registration 333-297602
Filing attachments
qtrex424b5082026.htm · 424B5 · 2026-08-21
424B5 1 qtrex424b5082026.htm FORM 424B5 Filed Pursuant to Rule 424(b)(5) Registration No. 333-289324 PROSPECTUS SUPPLEMENT (To Prospectus dated December 15, 2025) QTREX Quantum Ltd. 11,111,111 Ordinary Shares We are offering directly to certain institutional investors, or the Investors, under a securities purchase agreement dated August 20, 2026, or the Securities Purchase Agreement, between us and the Investors, in a registered direct offering, or the Offering, 11,111,111 of our ordin…
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