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B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Earnings

Quantum eMotion Announces Issuance of Q3 Financial Reports and Clarification Regarding Previously Disclosed Stock Options Grants

QNC · Price

Executive Summary

  • QeM released its Q3 2025 financial statements and MD&A, reporting cash of $24.7 million after warrant exercises that generated $6.3 million in additional proceeds.
  • The company clarified several prior stock‑option disclosures, correcting grant counts, exercise prices, and term lengths for options issued to senior officers and directors.
  • On 31 Mar 2025 the corporation cancelled 950,000 stock options (600k from a director, 350k from the CFO) that carried an $0.27 exercise price and ten‑year terms.

Key Details

  • Financial Highlights – Net proceeds from LIFE offerings in H1 2025: $20.3 M; warrants exercised Q3 2025: 15.3 M warrants for $6.3 M cash; ending cash balance $24.7 M.
  • MD&A Availability – Consolidated Financial Statements and MD&A for the three‑ and nine‑month periods ended 30 Sep 2025 are posted on the company website and SEDAR+.
  • Stock Option Corrections
  • Original March 21 2025 release misstated total options granted; correct figure: 3,820,000 (down from 3,920,000).
  • February 19 2021 announcement: 2,500,000 CEO options at $0.185 exercise price, ten‑year term (expires 02 Feb 2031).
  • Same date: 500,000 director options at $0.185, seven‑year term (expires 27 Jan 2028).
  • December 23 2020 announcement: 750,000 CEO options at $0.065, ten‑year term (expires 23 Dec 2030).
  • December 18 2020 announcement: 300,000 CFO options at $0.05, ten‑year term (expires 17 Dec 2030).
  • Option Cancellations – On 31 Mar 2025 the corporation, with holder consent, cancelled:
  • 600,000 director options (exercise price $0.27, ten‑year term) originally granted 30 Dec 2024.
  • 350,000 CFO options (same terms) also from the 30 Dec 2024 grant.

Notable Quotes

  • “These results position us favorably to invest in R&D and accelerate our transition to commercialisation, including expanding our presence in the United States.” – Francis Bellido, CEO

Materiality Assessment: Material – Positive (significant cash resources disclosed; corrections to equity compensation that affect shareholder perception).

Read the original news release →

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