Quarta-rad, INC 10-Q quarterly reports

Quarta-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.

Quarta-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.

Quarta-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.

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.

Quarta-Rad, Inc. experienced a significant decrease in revenue in Q3 2024, while strategically shifting focus towards its AI-driven call center software, CenterEye.

Quarta-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.

Quarta-Rad, Inc. experienced a substantial decrease in revenue and a net loss in the first quarter of 2024, primarily due to reduced sales of its detection devices and decreased revenue from its Sellavir subsidiary.