Quarta-rad, INC 10-K annual reports

Annual reports — audited financials, the full risk-factor list, and management’s account of the year.

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Quarta-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.
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Quarta-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.
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Quarta-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.
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Quarta-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.