Borqs Technologies, Inc.
BRQSF · OTCMCIK 1650575fmd_1FN6TZ89PG249Z9HEDMEDS5N5BServices · Services-Computer Integrated Systems DesignTemplate: Standard
Coverage: Jan 01, 2015 to Dec 31, 2025, 27 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 85 | 122 | 128 | 99 | 27 | 30 | 41 | 21 | 28 | 14 |
| Cost of revenue | 65 | 103 | 134 | 98 | 25 | 27 | 36 | 17 | 22 | 13 |
| Gross profit | 21 | 19 | (6) | 1 | 2 | 3 | 6 | 4 | 6 | 1 |
| Realized investment gains (losses) | – | – | – | – | – | – | – | – | – | 1 |
| Research and development | 5 | 6 | 6 | 5 | 8 | 5 | 3 | 4 | 2 | 4 |
| Net interest income after provision | – | – | – | – | – | 1 | 1 | – | – | – |
| Selling, general and administrative | 10 | 23 | 54 | 26 | 0 | 24 | 6 | 12 | 7 | 14 |
| Total operating expenses | 16 | 29 | 61 | 32 | 42 | 29 | 9 | 15 | 9 | 18 |
| Operating income | 9 | (8) | (67) | (29) | (41) | (26) | (3) | (11) | (3) | (17) |
| Interest expense | 1 | 2 | 3 | 5 | 4 | 12 | 11 | 1 | 1 | – |
| Interest and investment income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before taxes | 9 | (10) | (69) | (33) | (36) | (56) | (31) | (30) | 17 | 10 |
| Income tax expense | 3 | 2 | 0 | (1) | 0 | (0) | 0 | (2) | 0 | 0 |
| Net income from continuing operations | 5 | (0) | (72) | (36) | (35) | (57) | (39) | (28) | 17 | 10 |
| Net income | 3 | (13) | (72) | (36) | (35) | (56) | (34) | (26) | 17 | 5 |
| Net income to common shareholders | – | (20) | (72) | (34) | (36) | (56) | (34) | (26) | 17 | 5 |