No trading implication from this filing; it is a procedural disclosure update. However, traders should note the prior late filing and ongoing going concern uncertainty as potential red flags for operational and financial stability.
Price Chart
Executive Summary
Quantum Genesis AI Corp. filed an amended 10-Q/A solely to add disclosure about intellectual property formalization via an Assignment Agreement with its CEO, retroactively effective to November 2023. No financial statements were restated or corrected. This follows a prior late filing (NT 10-K) due to delays in finalizing financials.
Key Facts
- Amendment No. 1 to 10-Q for period ended October 31, 2025, filed April 15, 2026, solely to update Item 2 (MD&A) with additional intellectual property disclosure.
- No changes were made to financial statements, notes, or other financial disclosures.
- The Company formalized IP transfer from CEO via Assignment Agreement effective November 2, 2023, covering patent application US20250146029A1 for enzymatic synthesis of ibuprofen.
- Company previously filed NT 10-K on October 28, 2025, citing inability to file annual report without unreasonable effort or expense.
Financial Impact
No financial impact — amendment did not revise any financial statements or metrics.
Risk Factors
- Substantial doubt about the company's ability to continue as a going concern due to accumulated deficits and recurring losses.
- History of late filings (NT 10-K) raises concerns about internal controls and reporting reliability.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 10-Q/A Filing (Primary) | 0001477932-26-002256 |
| Document: qtzm_ex311.htm | 0001477932-26-002256 |
| Document: qtzm_ex321.htm | 0001477932-26-002256 |
| Document: 0001477932-26-002256-index-headers.html | 0001477932-26-002256 |
| Document: 0001477932-26-002256-index.html | 0001477932-26-002256 |
| Document: 0001477932-26-002256.txt | 0001477932-26-002256 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Apr 15, 2026 27w ago | 10-Q/A | $0.2100 $0.0850 | ▼ −59.52% | ▼ −65.57% | $0.0300 (−85.71%) |
Apr 15, 2026 27w ago | 10-Q/A | $0.2100 $0.0850 | ▼ −59.52% | ▼ −65.57% | $0.0300 (−85.71%) |
Apr 15, 2026 27w ago | 10-K/A | $0.2100 $0.0850 | ▼ −59.52% | ▼ −65.57% | $0.0300 (−85.71%) |
Apr 15, 2026 27w ago | 8-K | $0.2100 $0.0850 | ▼ −59.52% | ▼ −65.57% | $0.0300 (−85.71%) |
US Market Status
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