QS Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Selling, General & Admin	13.31	1.39	0.69	0.77	0.84	Upgrade
Research & Development	1.61	0.19	0.2	0.49	0.35	Upgrade
Operating Expenses	14.92	1.58	0.89	1.25	1.19	Upgrade
Operating Income	-14.92	-1.58	-0.89	-1.25	-1.19	Upgrade
Interest Expense	-0.39	-0.36	-0.33	-0.36	-0.23	Upgrade
Other Non Operating Income (Expenses)	0.01	-	-	-	-	Upgrade
EBT Excluding Unusual Items	-15.31	-1.93	-1.22	-1.61	-1.42	Upgrade
Other Unusual Items	-	-	-	0.06	-	Upgrade
Pretax Income	-15.31	-1.93	-1.22	-1.55	-1.42	Upgrade
Net Income	-15.31	-1.93	-1.22	-1.55	-1.42	Upgrade
Net Income to Common	-15.31	-1.93	-1.22	-1.55	-1.42	Upgrade
Shares Outstanding (Basic)	500	405	386	362	336	Upgrade
Shares Outstanding (Diluted)	500	405	386	362	336	Upgrade
Shares Change (YoY)	23.39%	5.04%	6.57%	7.66%	6.19%	Upgrade
EPS (Basic)	-0.03	-0.00	-0.00	-0.00	-0.00	Upgrade
EPS (Diluted)	-0.03	-0.00	-0.00	-0.00	-0.00	Upgrade
Free Cash Flow	-4.01	-1.17	-0.63	-0.92	-0.72	Upgrade
Free Cash Flow Per Share	-0.01	-0.00	-0.00	-0.00	-0.00	Upgrade
EBITDA	-14.92	-1.58	-0.89	-1.25	-1.18	Upgrade
D&A For EBITDA	0	0	0	0	0.01	Upgrade
EBIT	-14.92	-1.58	-0.89	-1.25	-1.19	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.