secwatch.observer — SEC 8-K summary
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Issuer:     QHSLab, Inc. (USAQ)
CIK:        0000856984
Form:       8-K
Filed at:   2025-11-18T23:59:59+00:00
Accession:  0001493152-25-023990
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.04, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QHSLab retires $1.4M in convertible notes for $300K; Q3 revenue up 35% to $737K
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- Repurchased and cancelled $1.4M+ in defaulted convertible notes for $300K cash; conversion rights at $0.20/share eliminated.
- Q3 2025 revenue rose 35% YoY to $737,066; gross profit $493,631 (67% margin); operating income $96,251.
- Q3 net income of $33,411 vs $49,765 a year ago; YTD net loss of ($99,156) vs $28,350 net income in 2024.
- Annualized interest expense reduced by >$200K; cash $158K at Sep 30, 2025; shares outstanding 11,281,527.
- CEO cites stronger balance sheet, reduced dilution risk, and focus on growing recurring revenue for 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/856984/000149315225023990/0001493152-25-023990-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/856984/000149315225023990/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-023990

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer