Quantum Secure Encryption Corp. (CSE:QSE)

Quantum Secure Encryption Balance Sheet

Financials in millions CAD. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Cash & Equivalents	0.9	1.08	0.05	0.19	0
Short-Term Investments	-	-	0	1	-
Cash & Short-Term Investments	0.9	1.08	0.05	1.2	0
Cash Growth	-16.14%	2026.65%	-95.77%	119563200.00%	-
Other Receivables	0.18	0.04	0.04	0.02	0
Receivables	0.18	0.04	0.04	0.02	0
Prepaid Expenses	0.08	0.03	0.05	-	0.01
Other Current Assets	-	0.68	-	-	-
Total Current Assets	1.17	1.82	0.15	1.22	0.01
Goodwill	0.38	-	-	-	-
Other Intangible Assets	1.6	0	-	-	-
Total Assets	3.15	1.82	0.15	1.22	0.01
Accounts Payable	0.23	0.07	0.23	0.13	0
Accrued Expenses	0	0.41	0.01	-	-
Short-Term Debt	-	-	-	-	0.01
Current Unearned Revenue	0.07	-	-	-	-
Other Current Liabilities	0.05	-	0.12	-	-
Total Current Liabilities	0.35	0.49	0.36	0.13	0.01
Long-Term Deferred Tax Liabilities	0.48	-	-	-	-
Total Liabilities	0.83	0.49	0.36	0.13	0.01
Common Stock	18.67	13.65	2.14	1.28	0
Retained Earnings	-18.63	-15	-3.57	-0.37	-0
Comprehensive Income & Other	2.28	2.68	1.23	0.17	-
Shareholders' Equity	2.32	1.33	-0.21	1.09	-0
Total Liabilities & Equity	3.15	1.82	0.15	1.22	0.01
Total Debt	-	-	-	-	0.01
Net Cash (Debt)	0.9	1.08	0.05	1.2	-0.01
Net Cash Growth	-16.14%	2026.65%	-95.77%	-	-
Net Cash Per Share	0.02	0.02	0.00	0.07	-
Filing Date Shares Outstanding	60.61	52.69	40.39	37	-
Total Common Shares Outstanding	60.61	50.7	39	37	-
Working Capital	0.82	1.33	-0.21	1.09	-0
Book Value Per Share	0.04	0.03	-0.01	0.03	-
Tangible Book Value	0.34	1.33	-0.21	1.09	-0
Tangible Book Value Per Share	0.01	0.03	-0.01	0.03	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.