v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 6,712,279 $ 8,914,107
Prepaid expenses 268,824 360,360
Total Current Assets 6,981,103 9,274,467
Intellectual property, net 1,942,052 1,741,808
Furniture and equipment, net 29,305 37,161
Other intangible assets, net 11,782
Right-of-use asset - lease, net 140,940 193,185
Construction in progress 2,409,989 2,321,489
TOTAL ASSETS 11,515,171 13,568,110
Current Liabilities    
Accounts payable 114,972 219,300
Accrued expenses 301,818 249,374
Related party loan 1,440,937 1,256,364
Current portion of lease liability 116,365 121,765
Total Current Liabilities 1,974,092 1,846,803
Lease liability, net of current portion 24,575 71,420
TOTAL LIABILITIES 1,998,667 1,918,223
STOCKHOLDERS’ EQUITY    
Preferred Stock: $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding at June 30, 2026 and December 31, 2025.
Common Stock: $0.0001 par value; 200,000,000 shares authorized; 27,582,752 shares issued and outstanding at June 30, 2026 and 27,573,752 shares issued and outstanding at December 31, 2025 2,759 2,758
Additional paid-in capital 59,629,922 58,965,838
Accumulated other comprehensive loss (8,202) (4,845)
Accumulated deficit (50,541,857) (47,789,247)
TOTAL CQENS TECHNOLOGIES STOCKHOLDER’S EQUITY 9,082,622 11,174,504
Non-controlling interests 433,882 475,383
TOTAL STOCKHOLDERS’ EQUITY 9,516,504 11,649,887
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY $ 11,515,171 $ 13,568,110