Quest Patent Research Corporation (QPRC)

Quest Patent Research Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	0.18	0.48	0.56	0.09	0.26	0.25
Cash & Short-Term Investments	0.18	0.48	0.56	0.09	0.26	0.25
Cash Growth	28.04%	-14.46%	521.94%	-65.79%	6.85%	-53.86%
Receivables	0.01	0.01	3.02	-	-	1.03
Other Current Assets	0.01	0.01	0.03	0.01	0.01	0.01
Total Current Assets	0.19	0.5	3.61	0.1	0.28	1.29
Other Intangible Assets	10.82	3.04	3.67	1.13	0.54	2.2
Total Assets	11.01	3.54	7.28	1.23	0.82	3.49
Accounts Payable	0.13	0.14	0.3	0.15	0.13	2.49
Accrued Expenses	1.71	1.2	1.1	0.9	0.49	0.69
Short-Term Debt	17.94	7.77	7.46	5.59	3.34	0.15
Current Portion of Long-Term Debt	2.8	2.8	2.8	2.8	2.81	4.67
Other Current Liabilities	0.13	0.13	1.66	0.15	1.64	1.5
Total Current Liabilities	22.71	12.04	13.31	9.59	8.4	9.5
Long-Term Debt	0.15	0.15	0.15	0.15	0.15	0.17
Other Long-Term Liabilities	0.05	0.05	0.05	0.05	0.19	0.66
Total Liabilities	22.91	12.24	13.52	9.79	8.74	10.33
Common Stock	0	0	0	0	0	0.01
Additional Paid-In Capital	17.68	17.68	17.67	17.63	17.51	14.43
Retained Earnings	-29.58	-26.38	-23.91	-26.19	-25.44	-21.28
Total Common Equity	-11.9	-8.7	-6.24	-8.56	-7.93	-6.84
Minority Interest	0	0	0	0	0	0
Shareholders' Equity	-11.9	-8.7	-6.24	-8.56	-7.93	-6.84
Total Liabilities & Equity	11.01	3.54	7.28	1.23	0.82	3.49
Total Debt	20.88	10.72	10.41	8.54	6.3	4.99
Net Cash (Debt)	-20.71	-10.24	-9.85	-8.45	-6.03	-4.75
Net Cash Per Share	-3.88	-1.92	-1.85	-1.58	-1.18	-1.24
Filing Date Shares Outstanding	5.33	5.33	5.33	5.33	5.33	5.33
Total Common Shares Outstanding	5.33	5.33	5.33	5.33	5.33	3.83
Working Capital	-22.51	-11.54	-9.71	-9.49	-8.13	-8.21
Book Value Per Share	-2.23	-1.63	-1.17	-1.61	-1.49	-1.79
Tangible Book Value	-22.72	-11.74	-9.91	-9.69	-8.47	-9.04
Tangible Book Value Per Share	-4.26	-2.20	-1.86	-1.82	-1.59	-2.36

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