Qualigen Therapeutics, Inc.

Qualigen Therapeutics, Inc.

QLGN
Qualigen Therapeutics, Inc.US flagNASDAQ Capital Market
3.21
USD
+0.17
- -
5.43MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
221.61
96.37
- -
- -
- -
- -
Basic EPS, GAAP
-71.27
-305.05
-242.7
-132.25
-17.31
-5.76
Free Cash Flow per Basic Share
-5.47
-253.49
-176.64
-101.57
-17.5
-5.66
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
-1,883.78
-1,443.85
-1,345.51
-1,150.86
-340.16
-103.18
Tangible Book Value per Share
-105.85
279.42
29.88
-20.73
-8.4
1.95
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
1
Sales/Revenue/Turnover
6
6
- -
- -
- -
- -
Operating Margin (%)
-27.05
-400.85
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-2
-18
-19
-13
-6
-7
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-32.16
-316.55
- -
- -
- -
- -
Working Capital
-4
16
2
-3
3
39
LT Debt
- -
2
1
- -
- -
- -
Total Equity
-2
17
9
-2
3
39
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Mar'25
Jun'25
Sep'25
ST Debt
1
4
3
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
3
3
36
Shares Outstanding
2
2
3
Market Capitalization
2
4
7

Working Capital

FRC

in mil. unless spec.
Mar'25
Jun'25
Sep'25
Total Current Assets
3
4
43
Cash, Cash Equivalents & STI
- -
- -
39
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
3
6
5
Payables & Accruals
2
2
1
ST Debt
1
4
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-227.36%
Free Cash Flow
- -
- -
-38.59%
Net Income, GAAP
- -
- -
-53.35%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-38.78
-34.28
-36.19
- -
-132.25
2024
-17.1
-10.37
-4.63
- -
-17.31
2025
-1.82
-1
-3.28
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Kevin A. Richardson II
Full Time Employees
4
Sector
Healthcare
Industry
Biotechnology
Address
2042 Corte Del Nogal Carlsbad CA United States of America 92011
IPO Date
Jun 23, 2015
Website
qlgntx.com
Business
AIxCrypto Holdings, Inc., formerly known as Qualigen Therapeutics, Inc., is undergoing a significant strategic transition, evolving from a clinical-stage biotechnology company into a Web3 and AI-driven technology platform. While previously dedicated to advancing novel therapeutic products for cancer, the company is now establishing itself as a gateway to the AI x Web3 ecosystem. In its former capacity, the company developed pipeline candidates such as QN-302, a small molecule G-quadruplex (G4)-selective transcription inhibitor in Phase 1 clinical trials for pancreatic and other solid tumors, which has secured global patents extending into 2040. Other investigational oncology programs included the Pan-RAS (formerly RAS-F) family of small molecule inhibitors targeting mutated RAS oncogenes prevalent in various cancers, and QN-247, a DNA-coated gold nanoparticle drug candidate demonstrating efficacy in preclinical models for triple-negative breast cancer. The company notably divested its FastPack® diagnostic business in July 2023 to refocus on its therapeutic pipeline. Now, under its new identity, AIxCrypto Holdings is focused on a "Three Driving Forces" strategy. Key initiatives include developing the BesTrade DeAI Agent and a Web3 AI Terminal for on-chain trading, building an RWA (Real World Asset) + EAI (Embodied AI) ecosystem with plans for tokenized stock projects, and providing AI-driven crypto asset management, including a C10 index. This strategic pivot is supported by significant financing, including a $41 million PIPE investment led by Faraday Future, making them a majority shareholder, and a partnership with BitGo for multi-asset crypto treasury allocation. The company was founded in 1996 and maintains its base in Carlsbad, California.

Company News

APIChatGPT
  • Qualigen Therapeutics Stockholders Approve All Proposals with Majority Vote; Company to Rebrand as AIxCrypto Holdings, Inc. (Nasdaq: AIXC) Following November 20 Nasdaq Ceremony and Announces Transition into AI × Web3 Strategy

  • Qualigen Therapeutics to Rebrand as AIxCrypto After Stockholder Meeting on November 12, with Three Core Goals for 2025

  • Biotech Stocks To Add to Your Watchlist – October 24th

  • Qualigen Therapeutics (QLGN) Stock Soars 62% After-Hours On Partnership With BitGo To Build Multi-Asset Crypto Treasury

  • Qualigen Therapeutics Partners with BitGo to Execute First Multi-Asset C10 Treasury Allocation

  • Qualigen Therapeutics Announces the Official Launch of C10 Cryptocurrency Asset Treasury (DAT) Purchases: Why Is This Pullback the Golden Moment CXC10 Has Been Waiting For?

  • Qualigen Therapeutics (NASDAQ: QLGN) Announces Executives, Board of Directors Appointments and Auditor Transition

  • Univest Securities, LLC Announces Closing of $41 Million Strategic Investment in Client Qualigen Therapeutics (NASDAQ: QLGN) from Client Faraday Future (NASDAQ: FFAI)

  • Qualigen Therapeutics Announces Successful Closing of $41 Million PIPE Financing Led by Faraday Future, Accelerating New Business Transformation into Crypto

  • Faraday Future Announces Closing of Strategic $41 Million Investment in Qualigen Therapeutics (NASDAQ: QLGN) to Accelerate its Dual-Flywheel & Dual-Bridge Eco Strategy

  • Faraday Future Announced a Total Strategic Investment of $41 million in Qualigen Therapeutics, Inc. (NASDAQ: QLGN) During its Annual 919 Event, for its Crypto Business Focusing on Three Growth Engines

  • Faraday Future Announces Strategic $41 Million Investment in Qualigen Therapeutics, Inc. (NASDAQ: QLGN) for Crypto Business Through PIPE Transaction

  • Faraday Future Announces Strategic $41 Million Investment in Qualigen Therapeutics, Inc. (NASDAQ: QLGN) f for Crypto Business Through PIPE Transaction

  • Qualigen Therapeutics Announces $4.5 Million Private Placement of Series A-3 Convertible Preferred Stock

  • Qualigen Granted New Patents Covering 25 Countries

  • Qualigen Therapeutics, Inc. receives expected notification of deficiency from Nasdaq related to delayed filing of quarterly report on Form 10-Q

  • Qualigen Therapeutics, Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K

  • Univest Securities, LLC Announces Successful Closing of $5.1 Million Private Placement for Qualigen Therapeutics, Inc. (NASDAQ: QLGN)

  • Shares Expected to Begin Trading on Split-Adjusted Basis on November 5, 2024

  • Qualigen Therapeutics, Inc. Announces management changes.