secwatch.observer — SEC 8-K summary
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Issuer:     Quality Industrial Corp. (QIND)
CIK:        0001393781
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001493152-26-013747
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quality Industrial Corp reports FY 2025 revenue up 45.9% to $16.3M; adjusted net income $566K
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- Revenue $16.3M (+45.9% YoY); reported net loss $4.6M, adjusted net income $566K vs $160K.
- Al Shola Gas revenue grew 31.6% to $14.3M; net income $2.1M; secured ~$7M in engineering contracts.
- Turnaround: settled $1.38M legacy comp, cut professional fees 73%, reduced convertible notes to $2.07M principal.
- Targeting $20M revenue for 2026; Fusion Fuel committed $5M forgivable note pending transaction close.
- Warns of prolonged Middle East conflict and further dilution from convertible notes and future capital needs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393781/000149315226013747/0001493152-26-013747-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393781/000149315226013747/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-013747

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