BTQ
BTQ Technologies Corp.
Price Chart
No historical data available
Latest Quote
$3.12
| Previous Close | $3.33 |
| Open | $3.36 |
| Day High | $3.36 |
| Day Low | $3.11 |
| Volume | 1,431,854 |
Stock Information
| Shares Outstanding | 147.08M |
| Total Debt | $778K |
| Cash Equivalents | $7.06M |
| Net Income | $-41.51M |
| Sector | Technology |
| Industry | Software - Infrastructure |
| Market Cap | $458.89M |
| EPS (TTM) | $-0.30 |
| Exchange | NGM |
Recent Price History
About BTQ Technologies Corp.
BTQ Technologies Corp. engages in the development of computer-based technology related to post-quantum cryptography for applications in blockchain and related technologies in Canada, Taiwan, Australia, and the United States. The company's flagship hardware product is Quantum Compute-In-Memory, a quantum-secure compute-in-memory chip designed to implement fast, crypto-agile, energy-efficient post-quantum cryptography directly in silicon; Bitcoin Quantum, a permissionless, quantum-safe fork of Bitcoin that replaces Bitcoin's quantumvulnerable Elliptic Curve Digital Signature Algorithm ("ECDSA") with Module-Lattice Digital Signature Algorithm (ÂML-DSAÂ); and QSSN, a quantum-secure validation and wallet infrastructure product designed to enable banks, payment providers, and digital asset platforms to issue and manage stablecoins with built-in protection against quantum-era cybersecurity threats. It has a strategic collaboration with Industrial Technology Research Institute to validate BTQ's Quantum Compute In Memory (QCIM) chip, which is designed to enable secure, scalable cryptographic computation for the post-quantum era. BTQ Technologies Corp. has a strategic collaboration with TIDAL PWR to develop a trusted quantum data center reference architecture that can be applied across future large-scale facilities. The company was incorporated in 1983 and is headquartered in Vancouver, Canada.
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-01-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $152,202 | $415,367 | $549,555 | - |
| Cost Of Revenue | $152,202 | $415,367 | $549,555 | - |
| Total Revenue | $227,697 | $481,140 | $0 | $0 |
| Operating Revenue | $227,697 | $481,140 | $0 | $0 |
| Expenses | ||||
| Interest Expense | $0 | $39,451 | $8,068 | - |
| Total Expenses | $18,304,417 | $4,602,828 | $10,455,544 | $464,641 |
| Rent Expense Supplemental | $240,470 | $116,407 | $92,166 | $0 |
| Other Income Expense | $128,463 | $-221,290 | $-617,872 | $-369,483 |
| Net Non Operating Interest Income Expense | $189,976 | $-26,550 | $3,630 | - |
| Interest Expense Non Operating | $0 | $39,451 | $8,068 | - |
| Operating Expense | $18,152,215 | $4,187,461 | $9,905,989 | $464,641 |
| Other Operating Expenses | $691,698 | $100,590 | $2,978,688 | $8,057 |
| Selling And Marketing Expense | $2,235,621 | $562,909 | $968,398 | - |
| General And Administrative Expense | $11,180,594 | $1,444,899 | $3,905,981 | $456,584 |
| Other Non Operating Income Expenses | - | $78,603 | $204,833 | - |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-17,758,280 | $-4,385,635 | $-11,116,697 | $-834,125 |
| Net Interest Income | $189,976 | $-26,550 | $3,630 | - |
| Interest Income | $189,976 | $12,901 | $11,698 | - |
| Normalized Income | $-17,922,005 | $-4,130,725 | $-10,623,074 | $-464,641 |
| Net Income From Continuing And Discontinued Operation | $-17,758,280 | $-4,385,635 | $-11,116,697 | $-834,125 |
| Net Income Common Stockholders | $-17,758,280 | $-4,385,635 | $-11,116,697 | $-834,125 |
| Net Income | $-17,758,280 | $-4,385,635 | $-11,116,697 | $-834,125 |
| Net Income Including Noncontrolling Interests | $-17,758,280 | $-4,385,635 | $-11,116,697 | $-834,125 |
| Net Income Continuous Operations | $-17,758,280 | $-4,385,635 | $-11,116,697 | $-834,125 |
| Pretax Income | $-17,758,280 | $-4,369,528 | $-11,069,786 | $-834,125 |
| Special Income Charges | $0 | $-254,679 | $-759,782 | $-369,483 |
| Earnings From Equity Interest | $-35,262 | $0 | - | - |
| Interest Income Non Operating | $189,976 | $12,901 | $11,698 | - |
| Operating Income | $-18,076,720 | $-4,121,688 | $-10,455,544 | $-464,641 |
| Depreciation Amortization Depletion Income Statement | $1,465 | $62,702 | $81,671 | - |
| Depreciation And Amortization In Income Statement | $1,465 | $62,702 | $81,671 | - |
| Depreciation Income Statement | $1,465 | $62,702 | $81,671 | - |
| Gross Profit | $75,495 | $65,773 | $-549,555 | - |
| Total Operating Income As Reported | - | - | - | - |
| Per Share | ||||
| Diluted EPS | $-0.13 | $-0.04 | $-0.09 | $-0.01 |
| Basic EPS | $-0.13 | $-0.04 | $-0.09 | $-0.01 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $-44,984 | $-329,082 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-17,920,540 | $-3,967,481 | $-10,157,342 | $-95,158 |
| Total Unusual Items | $163,725 | $-299,894 | $-822,704 | $-369,483 |
| Total Unusual Items Excluding Goodwill | $163,725 | $-299,894 | $-822,704 | $-369,483 |
| Reconciled Depreciation | $1,465 | $62,702 | $81,671 | - |
| EBITDA (Bullshit earnings) | $-17,756,815 | $-4,267,375 | $-10,980,046 | $-464,641 |
| EBIT | $-17,758,280 | $-4,330,077 | $-11,061,718 | $-464,641 |
| Diluted Average Shares | $97,875,355 | $89,665,968 | $85,380,181 | $87,506,407 |
| Basic Average Shares | $97,875,355 | $89,665,968 | $85,380,181 | $87,506,407 |
| Diluted NI Availto Com Stockholders | $-17,758,280 | $-4,385,635 | $-11,116,697 | $-834,125 |
| Tax Provision | $0 | $16,107 | $46,911 | - |
| Gain On Sale Of Ppe | $0 | $-18,114 | $0 | - |
| Impairment Of Capital Assets | $0 | $236,565 | $0 | $369,483 |
| Gain On Sale Of Security | $163,725 | $-45,215 | $-62,922 | - |
| Other Taxes | $0 | $44,294 | $128,464 | - |
| Research And Development | $4,042,837 | $1,972,067 | $1,842,787 | - |
| Selling General And Administration | $13,416,215 | $2,007,808 | $4,874,379 | $456,584 |
| Other Gand A | $3,132,604 | $1,282,279 | $938,270 | $456,584 |
| Insurance And Claims | $162,997 | $45,446 | $45,973 | - |
| Rent And Landing Fees | $240,470 | $116,407 | $92,166 | $0 |
| Salaries And Wages | $7,644,524 | $767 | $2,829,573 | - |
| Restructuring And Mergern Acquisition | - | $0 | $759,782 | - |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-01-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $22,813,226 | $5,729,328 | $2,203,197 | $4,907,207 |
| Total Assets | $24,384,381 | $7,023,295 | $2,912,810 | $5,245,521 |
| Total Non Current Assets | $8,206,490 | $77,103 | $177,415 | $2,075 |
| Non Current Prepaid Assets | $0 | $21,366 | $25,889 | - |
| Current Assets | $16,177,892 | $6,946,192 | $2,735,395 | $5,243,446 |
| Prepaid Assets | $985,861 | $46,653 | $165,774 | - |
| Receivables | $38,506 | $161,020 | $87,016 | $18,112 |
| Other Receivables | $38,506 | $161,020 | $87,016 | - |
| Cash Cash Equivalents And Short Term Investments | $15,153,525 | $6,738,519 | $2,482,605 | $5,225,334 |
| Cash And Cash Equivalents | $15,112,026 | $6,738,519 | $2,065,548 | $5,225,334 |
| Cash Financial | $15,112,026 | $6,738,519 | $2,065,548 | - |
| Loans Receivable | - | - | $0 | - |
| Other Non Current Assets | - | - | - | $2,075 |
| Accounts Receivable | - | - | - | $18,112 |
| Non Current Accounts Receivable | - | - | - | - |
| Goodwill And Other Intangible Assets | - | - | - | - |
| Debt | ||||
| Total Debt | - | $0 | $24,216 | - |
| Long Term Debt And Capital Lease Obligation | - | - | $0 | - |
| Current Debt And Capital Lease Obligation | - | - | $24,216 | - |
| Net Debt | - | - | - | - |
| Long Term Debt | - | - | - | - |
| Current Debt | - | - | - | - |
| Other Current Borrowings | - | - | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $1,571,155 | $1,293,967 | $709,612 | $338,314 |
| Total Non Current Liabilities Net Minority Interest | $0 | $0 | $0 | $0 |
| Current Liabilities | $1,571,155 | $1,293,967 | $709,612 | $338,314 |
| Current Deferred Liabilities | $0 | $227,697 | $0 | - |
| Payables And Accrued Expenses | $1,571,155 | $1,066,270 | $685,396 | $338,314 |
| Payables | $1,571,155 | $1,066,270 | $685,396 | $338,314 |
| Accounts Payable | $1,552,476 | $1,046,660 | $620,460 | $338,314 |
| Total Tax Payable | - | $66,939 | $46,911 | - |
| Income Tax Payable | - | $66,939 | $46,911 | - |
| Other Payable | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $22,813,226 | $5,729,328 | $2,203,197 | $4,907,207 |
| Total Equity Gross Minority Interest | $22,813,226 | $5,729,328 | $2,203,197 | $4,907,207 |
| Stockholders Equity | $22,813,226 | $5,729,328 | $2,203,197 | $4,907,207 |
| Other Equity Interest | $36,085 | $2,186,573 | $2,384,039 | $5,196,666 |
| Gains Losses Not Affecting Retained Earnings | $6,499,926 | $2,186,573 | $2,384,039 | $982,511 |
| Other Equity Adjustments | $6,499,926 | $2,186,573 | $2,384,039 | $982,511 |
| Retained Earnings | $-47,092,207 | $-29,333,927 | $-24,948,291 | $-10,571,942 |
| Long Term Equity Investment | $2,320,050 | $0 | - | - |
| Other | ||||
| Ordinary Shares Number | $101,328,615 | $95,145,559 | $88,910,131 | $87,506,407 |
| Share Issued | $101,328,615 | $95,145,559 | $88,910,131 | $87,506,407 |
| Tangible Book Value | $22,813,226 | $5,729,328 | $2,203,197 | $4,907,207 |
| Invested Capital | $22,813,226 | $5,729,328 | $2,203,197 | $4,907,207 |
| Working Capital | $14,606,736 | $5,652,225 | $2,025,782 | $4,905,132 |
| Total Capitalization | $22,813,226 | $5,729,328 | $2,203,197 | $4,907,207 |
| Capital Stock | $63,369,421 | $32,876,682 | $24,767,450 | $9,299,972 |
| Common Stock | $63,369,421 | $32,876,682 | $24,767,450 | $9,299,972 |
| Current Deferred Revenue | $0 | $227,697 | $0 | - |
| Dueto Related Parties Current | $18,679 | $19,610 | $18,025 | - |
| Investments And Advances | $8,192,555 | $55,737 | $55,737 | - |
| Other Investments | $5,872,505 | $55,737 | $55,737 | - |
| Investmentsin Associatesat Cost | $2,320,050 | $0 | - | - |
| Net PPE | $13,934 | $0 | $95,789 | $0 |
| Gross PPE | $13,934 | $0 | $250,966 | - |
| Other Properties | $13,934 | - | $133,102 | - |
| Other Short Term Investments | $41,498 | $0 | $417,058 | - |
| Capital Lease Obligations | - | $0 | $24,216 | - |
| Current Capital Lease Obligation | - | $0 | $24,216 | - |
| Accumulated Depreciation | - | $0 | $-155,177 | - |
| Machinery Furniture Equipment | - | $0 | $117,864 | - |
| Long Term Capital Lease Obligation | - | - | $0 | - |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2023-01-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-10,847,172 | $-3,587,869 | $-5,025,439 | $-161,185 |
| Operating Activities | ||||
| Operating Cash Flow | $-10,831,772 | $-3,388,834 | $-5,012,602 | $-161,185 |
| Cash Flow From Continuing Operating Activities | $-10,831,772 | $-3,388,834 | $-5,012,602 | $-161,185 |
| Operating Gains Losses | $34,331 | $22,291 | $12,620 | - |
| Investing Activities | ||||
| Capital Expenditure | $-15,399 | $-199,034 | $-12,838 | - |
| Investing Cash Flow | $-7,992,374 | $238,219 | $538,366 | - |
| Cash Flow From Continuing Investing Activities | $-7,992,374 | $238,219 | $538,366 | - |
| Net Other Investing Changes | - | - | $963,842 | - |
| Financing Activities | ||||
| Issuance Of Capital Stock | $29,391,542 | $7,417,466 | $5,196,666 | $5,196,666 |
| Financing Cash Flow | $27,197,654 | $7,823,587 | $5,054,352 | $5,196,666 |
| Cash Flow From Continuing Financing Activities | $27,197,654 | $7,823,587 | $5,054,352 | $5,196,666 |
| Net Other Financing Charges | $-2,193,888 | $-621,271 | $-67,245 | - |
| Net Common Stock Issuance | $29,391,542 | $7,417,466 | $5,196,666 | $5,196,666 |
| Common Stock Issuance | $29,391,542 | $7,417,466 | $5,196,666 | $5,196,666 |
| Other | ||||
| Repayment Of Debt | $0 | $-55,172 | $-75,069 | - |
| Issuance Of Debt | $0 | $1,082,564 | $0 | - |
| End Cash Position | $15,112,026 | $6,738,519 | $2,065,548 | $5,225,334 |
| Beginning Cash Position | $6,738,519 | $2,065,548 | $1,485,432 | $189,853 |
| Changes In Cash | $8,373,507 | $4,672,971 | $580,116 | $5,035,481 |
| Net Issuance Payments Of Debt | $0 | $1,027,392 | $-75,069 | - |
| Net Long Term Debt Issuance | $0 | $1,027,392 | $-75,069 | - |
| Long Term Debt Payments | $0 | $-55,172 | $-75,069 | - |
| Long Term Debt Issuance | $0 | $1,082,564 | $0 | - |
| Net Investment Purchase And Sale | $-5,621,663 | $429,353 | $-424,592 | - |
| Sale Of Investment | $4,151 | $429,353 | $0 | - |
| Purchase Of Investment | $-5,625,813 | $0 | $-424,592 | - |
| Net Business Purchase And Sale | $-2,355,312 | $0 | $11,953 | - |
| Purchase Of Business | $-2,355,312 | $0 | - | - |
| Net Intangibles Purchase And Sale | $0 | $-199,034 | $0 | - |
| Purchase Of Intangibles | $0 | $-199,034 | $0 | - |
| Net PPE Purchase And Sale | $-15,399 | $7,900 | $-12,838 | - |
| Sale Of PPE | $0 | $7,900 | $0 | - |
| Purchase Of PPE | $-15,399 | $0 | $-12,838 | - |
| Change In Working Capital | $-521,359 | $637,034 | $-479,446 | $303,456 |
| Change In Other Working Capital | $-227,697 | $227,697 | - | - |
| Change In Payables And Accrued Expense | $505,816 | $379,289 | $-336,474 | $316,607 |
| Change In Payable | $505,816 | $379,289 | $-336,474 | - |
| Change In Account Payable | $505,816 | $379,289 | $-381,681 | - |
| Change In Prepaid Assets | $-921,992 | $104,052 | $-151,835 | - |
| Change In Receivables | $122,514 | $-74,004 | $8,863 | $-13,150 |
| Stock Based Compensation | $7,644,524 | $767 | $2,829,573 | - |
| Unrealized Gain Loss On Investment Securities | $-232,453 | $0 | - | - |
| Asset Impairment Charge | $0 | $236,565 | $0 | $369,483 |
| Depreciation Amortization Depletion | $1,465 | $62,702 | $81,671 | - |
| Depreciation And Amortization | $1,465 | $62,702 | $81,671 | - |
| Depreciation | $1,465 | $62,702 | $81,671 | - |
| Earnings Losses From Equity Investments | $35,262 | $0 | - | - |
| Net Foreign Currency Exchange Gain Loss | $-931 | $4,177 | $12,620 | - |
| Gain Loss On Sale Of PPE | $0 | $18,114 | $0 | - |
| Net Income From Continuing Operations | $-17,758,280 | $-4,385,635 | $-11,116,697 | $-834,125 |
| Sale Of Business | - | $0 | $11,953 | - |
| Change In Tax Payable | - | $20,027 | $46,911 | - |
| Change In Income Tax Payable | - | $20,027 | $46,911 | - |
| Other Non Cash Items | - | $37,442 | $3,659,677 | - |
| Net Short Term Debt Issuance | - | - | $0 | - |
| Short Term Debt Payments | - | - | $0 | - |
| Effect Of Exchange Rate Changes | - | - | - | - |
| Taxes Refund Paid | - | - | - | - |