Dilution profile // every instrument, one screen, from SEC filings

QTREX Quantum Ltd. (QTEX)

CIK 1837493 · all EDGAR filings →

Overall dilution risk
HIGHworst of 3 computed signals (offering ability)
= the worst band among the computed sub-ratings, no hidden weighting
not every sub-rating was computable; treat as a floor
Offering ability
HIGH$47.6M registered
= total registered offering amount from the fee exhibits of live registrations (bands: $1M / $20M)
registered capacity, not remaining: amounts already taken down are not subtracted yet
Overhead supply
NOT COMPUTEDno warrant count tagged in XBRL
= warrant shares outstanding divided by current shares outstanding
absence of a tag is not proof of absence of warrants
Historical dilution
HIGH+217% O/S in 3y
= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative
Cash need
HIGH~3.8 months of runway
= cash vs trailing operating burn (bands: 6mo / 24mo; positive operating CF = low)

Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.

Shares outstanding over time

2021-12-312025-12-31

Latest: 35.9M shares as of Dec 31, 2025 (20-F).

Cash runway

~4 months of cash left

critical · burning $2.5M / quarter

Full breakdown: cash runway tool

Warrants

No warrant figures tagged in this filer’s XBRL facts. That means the company has not reported them in structured form; it does not prove no warrants exist. The exhibits are the ground truth.

Convertible notes

The latest 10-Q/10-K instance document could not be checked just now, so nothing is shown rather than guessed. Try again shortly.

Registrations and offerings

Registered offering capacity on live registrations: $47.6Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted

F-1Jul 21, 2026$7.7M registeredfiling →
F-3Jun 4, 2026$14.2M registeredfiling →
F-1Dec 22, 2025$25.7M registeredfiling →

Last 12 months: 4 executed · 4 registered.

EFFECTIVEJul 31, 2026SEC declared a registration effective — selling can beginEFFECT
REGISTEREDJul 21, 2026F-1 registration — capacity to sell shares, not a sale yetF-1
EFFECTIVEJul 13, 2026SEC declared a registration effective — selling can beginEFFECT
EFFECTIVEJun 18, 2026SEC declared a registration effective — selling can beginEFFECT
EFFECTIVEJun 16, 2026SEC declared a registration effective — selling can beginEFFECT
REGISTEREDJun 4, 2026F-3 registration — capacity to sell shares, not a sale yetF-3
EXECUTEDFeb 17, 2026Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EXECUTEDFeb 6, 2026Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EFFECTIVEJan 2, 2026SEC declared a registration effective — selling can beginEFFECT
REGISTEREDDec 22, 2025F-1 registration — capacity to sell shares, not a sale yetF-1
EXECUTEDDec 15, 2025Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)424B5
EFFECTIVEDec 12, 2025SEC declared a registration effective — selling can beginEFFECT

Full history and shelf status: offering checker · S-3 shelf checker

Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.

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