{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-014536","form_type":"8-K/A","ticker":"QIND","cik":"0001393781","company_name":"Quality Industrial Corp.","filed_at":"2026-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.228932+00:00","generated_at":"2026-05-15T07:57:32.623678+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Quality Industrial reports FY2025 revenue up 46% to $16.3M, but GAAP net loss of $4.6M on write-offs","bullets":["Revenue $16.3M, +45.9% YoY; gross profit $4.8M (+20.8%); GAAP net loss $4.6M vs income $0.3M prior year.","Non-GAAP adjusted net income $564K vs ($161K) in FY2024; adjustments include $1.38M legacy comp, $2M asset write-off, $1.5M receivable write-off.","Convertible notes reduced to $2.56M from $2.94M; accounts payable cut 45% to $1.16M; Fusion Fuel provided $4.4M capital.","Outlook: targeting $20M revenue for 2026; growth driven by Al Shola Gas expansion, new trucks, and UAE geographic push."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-014536","json":"https://secwatch.observer/filing/0001493152-26-014536.json","markdown":"https://secwatch.observer/filing/0001493152-26-014536.md","text":"https://secwatch.observer/filing/0001493152-26-014536.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393781/000149315226014536/0001493152-26-014536-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393781/000149315226014536/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T07:57:32.623678+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c411a1302eafffa35de3ffa7ba030d43b1da4738","claim":"Quality Industrial Corp. reported fiscal year ended December 31, 2025 results: revenue $16,307,787, net income $(4,603,645).","evidence_excerpt":"FY 2024 FY 2025 Change Revenue $ 11,177,567 $ 16,307,787 +45.9 % Gross Profit $ 3,963,263 $ 4,788,780 +20.8 % Gross Margin 35.5 % 29.4 % -17.2 % Operating Expenses $ 3,265,008 $ 5,245,558 +60.7 % Net Income (Loss) $ 266,780 $ (4,603,645 ) -1,825.6 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1393781/000149315226014536/0001493152-26-014536-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended December 31, 2025"},{"label":"Revenue","value":"$16,307,787"},{"label":"Net income","value":"$(4,603,645)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}