OverviewSuggest Edit

QS Energy, Inc., develops and commercializes energy efficiency technologies that assist in meeting increasing global energy demands, improving the economics of oil extraction and transport, and reducing greenhouse gas emissions. QS Energy combines scientific research with inventive problem solving to provide energy efficiency ‘clean tech’ solutions to bring new efficiencies and lower operational costs to the upstream, midstream and gathering sectors.

TypePublic
Founded1998
HQGoleta, US
Websiteqsenergy.com

Latest Updates

Employees (est.) (Feb 2019)5(+67%)
Revenue (FY, 2018)$0(-100%)
Share Price (Jan 2020)$0.1 (-6%)

Key People/Management at QS Energy

Jason Lane

Jason Lane

Chief Executive Officer, President and Chairman of the Board of the Company
Michael McMullen

Michael McMullen

CFO
Don Dickson

Don Dickson

Director
Shannon Rasmussen

Shannon Rasmussen

Vice President of Engineering
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QS Energy Office Locations

QS Energy has an office in Goleta
Goleta, US (HQ)
5266 Hollister Ave #219
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QS Energy Financials and Metrics

QS Energy Revenue

USD

Net income (Q3, 2019)

(988.0k)

Market capitalization (8-Jan-2020)

42.4m

Closing stock price (8-Jan-2020)

0.1

Cash (30-Sept-2019)

505.0k
QS Energy's current market capitalization is $42.4 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

240.0k50.0k

Cost of goods sold

Gross profit

General and administrative expense

Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

60.0k180.0k50.0k

Cost of goods sold

Gross profit

R&D expense

81.2k379.4k167.5k183.4k177.3k329.1k430.2k563.6k452.0k143.0k272.8k147.7k80.1k74.9k73.2k51.6k64.0k56.0k53.0k47.0k48.0k50.0k151.0k432.0k82.0k
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

617.8k1.6m4.1m2.2m349.2k136.0k204.0k1.2m

Accounts Receivable

10.1m

Prepaid Expenses

77.9k40.1k56.9k72.2k50.6k38.0k34.0k

Current Assets

695.7k1.6m4.2m2.3m399.8k162.0k242.0k1.2m
Quarterly
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(10.9m)(13.1m)(10.7m)(4.0m)(4.2m)(4.0m)(4.8m)(3.1m)

Depreciation and Amortization

34.7k36.1k15.4k13.8k13.1k7.0k19.0k22.0k

Accounts Payable

(478.3k)137.7k(130.4k)219.9k184.7k215.0k47.0k221.0k

Cash From Operating Activities

(4.7m)(4.5m)(5.9m)(3.5m)(2.6m)(1.6m)(1.8m)(1.5m)
Quarterly
USDY, 2019

Financial Leverage

-0.4 x
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QS Energy Online and Social Media Presence

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QS Energy News and Updates

QS Energy CEO Jason Lane Issues Shareholder Update

HOUSTON, Sept. 05, 2018 (GLOBE NEWSWIRE) -- QS Energy, Inc. (the "Company" or “QS Energy”) (OTCQB: QSEP) is a developer of integrated technology solutions for the energy industry. The following is a shareholder update letter from Jason Lane, Chief Executive Officer and Chairman of the Board, QS En…

QS Energy Blogs

QS Energy Provides Update on Upgraded AOT Demonstration Project Equipment

Majority of equipment delivered and installed Remains on track to resume AOT demonstration testing by the end of 2019 HOUSTON, TX / ACCESSWIRE / December 6, 2019 / QS Energy, Inc. (the "Company" or "QS Energy") (OTCQB:QSEP), a developer of integrated technology solutions for the energy industry, tod…

QS Energy Provides Business Update for the Third Quarter of 2019

Full-scale testing to resume in Q4 2019 HOUSTON, TX / ACCESSWIRE / November 15, 2019 / QS Energy, Inc. (the "Company" or "QS Energy") (OTCQB:QSEP), a developer of integrated technology solutions for the energy industry, today provided a business update for the third quarter ended September 30, 2019.…

QS Energy Provides Demonstration Project Status Update

Interim testing completed and full-scale testing on track to resume in Q4 2019 HOUSTON, TX / ACCESSWIRE / September 13, 2019 / QS Energy, Inc. (the “Company” or “QS Energy”) (OTCQB:QSEP), a developer of integrated technology solutions for the energy industry, today provided an update on its AOT comm…

QS Energy Provides Business Update for the Second Quarter of 2019

HOUSTON, TX / ACCESSWIRE / August 15, 2019 / QS Energy, Inc. (the “Company” or “QS Energy”) (OTCQB:QSEP), a developer of integrated technology solutions for the energy industry, today provided a business update for the second quarter ended June 30, 2019. The Company also filed its Form 10-Q for the …

QS Energy Provides Update on AOT Commercial Demonstration Project

HOUSTON, TX / ACCESSWIRE / July 3, 2019 / QS Energy, Inc. (the "Company" or "QS Energy") (OTCQB: QSEP), a developer of integrated technology solutions for the energy industry, today provided an update on the Company's Applied Oil Technology (AOT) Commercial Demonstration Project. In late June, the C…

QS Energy to Present at the 9th Annual LD Micro Invitational Conference

HOUSTON, TX / ACCESSWIRE / May 31, 2019 / QS Energy, Inc. (the "Company" or "QS Energy") (OTCQB: QSEP), a developer of integrated technology solutions for the energy industry, today announced that Michael McMullen, Chief Financial Officer will be presenting at the 9th Annual LD Micro Invitational Co…
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QS Energy Frequently Asked Questions

  • When was QS Energy founded?

    QS Energy was founded in 1998.

  • Who are QS Energy key executives?

    QS Energy's key executives are Jason Lane, Michael McMullen and Don Dickson.

  • How many employees does QS Energy have?

    QS Energy has 5 employees.

  • Who are QS Energy competitors?

    Competitors of QS Energy include ENGlobal, Harvest Oil and Gas and Archrock.

  • Where is QS Energy headquarters?

    QS Energy headquarters is located at 5266 Hollister Ave #219, Goleta.

  • Where are QS Energy offices?

    QS Energy has an office in Goleta.

  • How many offices does QS Energy have?

    QS Energy has 1 office.