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QURT on OTC

Quarta-Rad, Inc.

Quarta-Rad, Inc. is an American industrial instruments for measurement company, listed on OTC (QURT).1 It is headquartered in Wilmington, Delaware.1

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Last updated Oct 21, 2026.

Overview

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  • TickerQURT on OTC1
  • IndustryIndustrial Instruments For Measurement, Display, and Control1
  • HeadquartersWilmington, Delaware1
  • Incorporated inDE2
  • Business address1201 Orange St., Ste. 700, Wilmington, De 198012
  • Filer categoryNon-accelerated filer, Smaller reporting company2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

41.5%Gross margin3
-119.0%Operating margin3
-104.9%Net margin3
129.4%Revenue growth, 20253
-207.2%Return on equity3

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Sellavir, Inc. brought in 96% of the revenue Quarta-Rad, Inc. broke down this way in fiscal 2025.

  1. Sellavir, Inc.$235.0K396%up 488% from 2024
  2. Quarta-Rad, Inc$10.0K34%down 85% from 2024
Products and services by year
Products and services20242025
Sellavir, Inc.$40.0K$235.0K
Quarta-Rad, Inc$66.8K$10.0K

Business segments

Sellavir, Inc. brought in 96% of the revenue Quarta-Rad, Inc. broke down this way in fiscal 2025.

  1. Sellavir, Inc.$235.0K396%up 488% from 2024
  2. Quarta Rad Ltd$10.0K34%down 85% from 2024
Business segments by year
Business segments20242025
Sellavir, Inc.$40.0K$235.0K
Quarta Rad Ltd$66.8K$10.0K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs99¢$242.1K
  • Income tax1¢$2.9K

Out of $245.0K in revenue.3 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Kept or used elsewhere100¢$9.9K

Out of $9.9K of cash from operations.3

Financial statements

Revenue456783$245.0K in 2025−72% since 2019
0$500.0K$1.0M$1.5M2019: $875.3K$875.3K20192020: $858.0K$858.0K2020−2%2021: $1.2M$1.2M2021+45%2022: $1.1M$1.1M2022−12%2023: $508.3K$508.3K2023−54%2024: $106.8K$106.8K2024−79%2025: $245.0K$245.0K2025+129%
Gross profit456783$101.6K in 2025−55% since 2019
0$200.0K$400.0K$600.0K2019: $228.2K$228.2K20192020: $212.9K$212.9K2020−7%2021: $483.1K$483.1K2021+127%2022: $396.6K$396.6K2022−18%2023: $183.4K$183.4K2023−54%2024: $39.7K$39.7K2024−78%2025: $101.6K$101.6K2025+156%
Operating income6783-$291.4K in 2025
-$400.0K-$200.0K0$200.0K2021: $120.8K$120.8K20212022: $137.4K$137.4K2022+14%2023: -$12.8K-$12.8K20232024: -$206.9K-$206.9K2024+1520%2025: -$291.4K-$291.4K2025+41%
Net income456783-$256.9K in 2025+81% since 2019
-$300.0K-$200.0K-$100.0K0$100.0K2019: -$142.1K-$142.1K20192020: $75.5K$75.5K20202021: $7.3K$7.3K2021−90%2022: $14.6K$14.6K2022+99%2023: $44.5K$44.5K2023+205%2024: -$216.8K-$216.8K20242025: -$256.9K-$256.9K2025+19%

Every line of the income statement as filed: the last 2 fiscal years, latest first.3

Period ending2025-12-312024-12-31
Total sales, net$245.0K$106.8K
Gross profit$101.6K$39.7K
General and administrative$302.9K$141.5K
Professional and consulting fees$90.1K$105.0K
Operating expenses$393.0K$246.5K
Net loss from operations-$291.4K-$206.9K
Other income - interest and dividends$7$50
Other income - foreign currency translation gain$23.2K$1.8K
Other income - interest - related party$14.1K$46.8K
Other expense - loss on loan modification-$11.5K
Other income - unrealized gain (loss) on investments-$1$98.4K
Other income - realized loss on investments-$110.6K
Net loss before provision for income taxes-$254.0K-$181.8K
Income tax expense$2.9K$35.0K
Net loss-$256.9K-$216.8K
Loss per share - basic-$0.02-$0.01
Loss per share - diluted-$0.02-$0.01
Weighted average shares - basic15.9M shares15.7M shares
Weighted average shares - diluted15.9M shares15.7M shares

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What it owns

What Quarta-Rad, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$4.0K3 Dec 31, 2025$4.0K3 Dec 31, 20240%
Accumulated depreciation$4.0K3 Dec 31, 2025$3.2K3 Dec 31, 2024+23.8%
Property and equipment, net$03 Dec 31, 2025$7703 Dec 31, 2024−100.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$72.9K3 Dec 31, 2025$63.0K3 Dec 31, 2024+15.7%
Marketable securities, current$33 Dec 31, 2025$53 Dec 31, 2024−40.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$3.1K3 Dec 31, 2024$30.4K8 Dec 31, 2023−89.9%

Properties, in its own words

We hold no real property. We do not presently own any interests in real estate. Our executive, administrative and operating offices are located at 1201 N. Orange St., Suite 700, Wilmington, DE 19801. We do not have a written lease with the landlord and rent space on a month-to-month basis at the rate of $30 per month.

Item 2 of the 10-K filed Mar 31, 2026.12

Leadership

Who has led Quarta-Rad, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Victor Shvetsky2018

President

  1. Alexey Golovanov2019–2024
20202025
Board members and other officers (3)

Timeline

  1. Feb 20, 20268-K Regulation FD disclosure16
  2. Feb 19, 20268-K Executive or director change17
  3. Apr 29, 20248-K Executive or director change18
  4. Feb 23, 20228-K Change of auditor19
  5. Jul 20, 2018New chief executive Victor Shvetsky becomes CEO13

Filings

43 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 4 major events, 7 insider forms, 11 other. The latest 20:

  1. Aug 14, 202610-Q EDGAR
  2. May 15, 202610-Q EDGAR
  3. Mar 31, 202610-K EDGAR
  4. Feb 20, 20268-K EDGAR
  5. Feb 19, 20268-K EDGAR
  6. Nov 13, 202510-Q EDGAR
  7. Aug 14, 202510-Q EDGAR
  8. May 15, 202510-Q EDGAR
  9. Mar 31, 202510-K EDGAR
  10. Nov 14, 202410-Q EDGAR
  11. Aug 27, 2024UPLOAD EDGAR
  12. Aug 16, 2024CORRESP EDGAR
  13. Aug 16, 202410-K/A EDGAR
  14. Aug 14, 202410-Q EDGAR
  15. Aug 1, 2024UPLOAD EDGAR
  16. May 15, 202410-Q EDGAR
  17. Apr 29, 20248-K EDGAR
  18. Apr 29, 20244 EDGAR
  19. Apr 29, 20244 EDGAR
  20. Apr 29, 20243 EDGAR

The 43 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

6 open-market trades by officers, directors and large owners since October 2021: 1 buys and 5 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Apr 29, 2024Golovanov AlexeyDirector and PresidentSale3,000,000Form 4
Apr 29, 2024CHOULINDIN DMITRY10% ownerBuy3,000,000Form 4
Feb 8, 2022Shvetsky VictorChief Ex. OfficerSale3,000$0.40$1.2KForm 4
Jan 6, 2022Shvetsky VictorChief Ex. OfficerSale2,500$0.50$1.2KForm 4
Oct 11, 2021Shvetsky VictorChief Ex. OfficerSale2,660$0.45$1.2KForm 4
Oct 1, 2021Shvetsky VictorChief Ex. OfficerSale3,000$0.55$1.6KForm 4

From Forms 4 filed with the SEC.

SEC filer profile

How Quarta-Rad, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARQuarta-Rad, Inc.1
  • CIK0001549631
  • Employer ID (EIN)45-423208912
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company12
  • Incorporated inDelaware12
  • Fiscal year endsDecember 311
  • Industry code (SIC)3823 Industrial Instruments For Measurement, Display, and Control1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address1201 Orange St., Ste. 700, Wilmington, DE 198011
  • Phone732-887-85111
  • Shares outstanding15,899,483 as of Aug 14, 202610
  • Public float$444.5K as of Jun 30, 202512
  • Auditordbbmckennon, San Diego, California PCAOB ID 350112
  • On EDGAR sinceAug 15, 20121
  • Filings123 in all: 10-Q (31), 4 (22), 10-K (10), NT 10-Q (10), S-1/A (10), CORRESP (9), UPLOAD (7), 8-K (6)1
    All 17 form types

    NT 10-K (6), 3 (3), 144 (2), S-1 (2), 10-K/A (1), 424B4 (1), 8-A12G (1), EFFECT (1), RW (1)

  • Latest filingsAnnual report (10-K) Mar 31, 2026
    Quarterly report (10-Q) Aug 14, 2026
    Latest 8-K (8-K) Feb 20, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.0001 per shareQURT

From the cover page of the 10-K filed Mar 31, 2026 (Section 12(b) of the Exchange Act).12

Risk factors and legal proceedings

Legal proceedings

We are not involved in any legal proceedings nor are we aware of any pending or threatened litigation against us. None of our officers or director is a party to any legal proceeding or litigation. None of our officers or director has been convicted of a felony or misdemeanor relating to securities or performance in corporate office.

The opening of Item 3, Legal Proceedings.12

Sources

The numbers on this page point here. Each one links to the record it came from.

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