Market Movers (8-K)
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QURT
Quarta-rad, INCQuarta-Rad, Inc. announced the appointment of Dmitry Choulindin, the company's Director of Operations and half-brother to the CEO, to its Board of Directors.
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Quarta-rad, INCQuarta-Rad Inc. reports the immediate resignation of director and president Alexey Golovanov, with Victor Shvetsky appointed as the new president.
Worse than expected
Quarterly Earnings (10-Q)
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Quarta-rad, INCQuarta-Rad, Inc. reports a 21.38% decrease in net revenues for Q1 2026, driven by the wind-down of its legacy radiation detection business and a strategic pivot towards AI-driven software solutions via its subsidiary, Sellavir, Inc.
Worse than expected
Capital raise
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Quarta-rad, INCQuarta-Rad, Inc. reports increased consolidated net losses despite significant revenue growth in its AI subsidiary, Sellavir, while its traditional Geiger counter business declines and internal control weaknesses persist.
Delay expected
Worse than expected
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Quarta-rad, INCQuarta-Rad, Inc. reported continued operating losses and a significant strategic pivot towards AI-driven call center software, while facing substantial doubt about its ability to continue as a going concern.
Delay expected
Worse than expected
Capital raise
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Quarta-rad, INC10-Q: Quarta-Rad, Inc. Reports First Quarter 2025 Results, Cites Shift to AI-Driven Call Center Solutions
Quarta-Rad, Inc. announces its Q1 2025 financial results, highlighting a strategic shift towards AI-driven call center software development amidst ongoing challenges in its traditional radiation detection device business.
Worse than expected
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Quarta-rad, INCQuarta-Rad, Inc. experienced a significant decrease in revenue in Q3 2024, while strategically shifting focus towards its AI-driven call center software, CenterEye.
Worse than expected
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Quarta-rad, INCQuarta-Rad, Inc. experienced a substantial decrease in revenue and a significant increase in net loss for the second quarter of 2024, compared to the same period in 2023.
Worse than expected
Annual Reports (10-K)
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Quarta-rad, INCQuarta-Rad, Inc. is transitioning to AI software with its Sellavir subsidiary, but faces significant financial challenges, a going concern opinion, and material internal control weaknesses.
Worse than expected
Capital raise
Delay expected
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Quarta-rad, INCQuarta-Rad, Inc. reports a net loss of $216,755 for the fiscal year ended December 31, 2024, driven by a significant decrease in revenue compared to the previous year.
Worse than expected
Capital raise
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Quarta-rad, INCQuarta-Rad, Inc. has filed an amendment to its annual report on Form 10-K to include a section on cybersecurity, while also detailing its financial performance for the year ended December 31, 2023.
Worse than expected
Capital raise
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Quarta-rad, INCQuarta-Rad, Inc. experienced a decrease in revenue but an increase in net profit for the fiscal year 2023, alongside a strategic shift towards AI-driven call center solutions.
Worse than expected
Capital raise
Insider Trading (Form 4)
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Quarta-rad, INCAlexey Golovanov, a Director, 10% Owner, and President of Quarta-Rad, Inc. (QURT), reported the disposition of 3,000,000 shares of common stock on April 29, 2024.
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Quarta-rad, INCDmitry Choulindin, a director and 10% owner of Quarta-Rad, Inc., acquired 3,000,000 shares of common stock on April 29, 2024.