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QTREX

corporate_fare Company Profile

QTREX

QTEX·NASDAQ·Technology·CIK 0001837493

QTREX is a specialty medical device company focused on the research, development, manufacturing, and commercialization of proprietary life support technologies. The company aims for its technology to supersede and revolutionize the global mechanical ventilation market. Mechanical ventilation is typically used when patients are unable to breathe adequately on their own due to acute respiratory failure and require assisted breathing from a machine. An estimated up to 20 million patients each year in ICUs are treated with invasive mechanical ventilation. Mortality rates among patients undergoing prolonged mechanical ventilation may exceed 50%. During mechanical ventilation, patients are generally placed under heavy sedation or medically induced coma, and a tube is inserted into the airway. The ventilator then delivers oxygen-rich air into the lungs to facilitate the transfer of oxygen into the bloodstream and vital organs. Patients can often experience complications associated with the use of mechanical ventilators, such as increased risk, costs of care, extended lengths of stay, frequent incidence of infections, ventilator dependence, and high mortality rates. Associated complications may include bacterial infections, lung damage, collapsed lung, and changes in heart and blood flow. Prolonged ventilation may involve replacing the tube from the mouth with a tube inserted through a small incision in the patient's neck. In cases where a patient is unlikely to recover, mechanical ventilation may prolong the dying process, potentially causing unnecessary suffering. QTREX's INSPIRA ART novel technology could potentially assist those ICU patients who are placed on mechanical ventilators.

QTREX (NASDAQ:QTEX) is a publicly traded company in the Technology sector. Wiseek monitors QTEX SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • QTREX Raises $10M in Private Placement, Attracting New Institutional Investor

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$289K
Net Income
-$13.22M
Diluted EPS
-$0.45
Op. Cash Flow
-$9.86M
Free Cash Flow
-$9.96M
Gross Profit
$2K
Operating Income
-$13.62M
Cash & Equivalents
$3.16M
Debt / Equity
0.00×
Net Margin
-45.74×
Shares Outstanding
35.95M sh
Source: 20-F · filed 2026-03-26 · accession 0001185185-26-001072

Insider Transactions

QTEX files as a Foreign Private Issuer (FPI). Under SEC Exchange Act Section 16(a), officers, directors, and 10% owners of FPIs are exempt from Form 4 insider-transaction reporting requirements. Comparable disclosures, when applicable, appear in the company's Form 20-F (annual) or Form 6-K (interim) filings on SEC EDGAR.

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$3.08
52-week range · as of 2026-05-29 $0.283 – $3.41
Market cap
$134.01M
Volume
83.1M (1.9× avg)
3-mo avg 43.5M
Live data · 2026-05-29 15:54 UTC · Market open

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feed QTEX - Latest Insights

QTEX
May 29, 2026, 8:01 AM EDT
Source: Dow Jones Newswires
Importance Score:
8