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Private company

TELIX QSAM INC.

TELIX QSAM INC. is an American specialty cleaning company based in Austin, incorporated in Delaware.1

Last updated Oct 21, 2026.

Overview

  • IndustrySpecialty Cleaning, Polishing and Sanitation Preparations1
  • HeadquartersAustin, Texas1
  • Incorporated inDE2
  • Business address9442 Capital Of Texas Hwy N, Plaza 1, Suite 500, Austin, Tx 787592
  • Filer categoryNon-accelerated filer, Smaller reporting company2
  • Legal formCorporation

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We initiated this trial at our first site (Houston, TX) in November 2021 and to date we have dosed five patients.3 From its latest annual report

Financials

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

Financial statements

Revenue4567$0 in 2022
0$20.0K$40.0K$60.0K$80.0K2017: $74.8K$74.8K20172018: $33.3K$33.3K2018−55%2020: $0$020202021: $0$020212022: $0$02022
Gross profit4$33.3K in 2018+191% since 2017
0$10.0K$20.0K$30.0K$40.0K2017: $11.5K$11.5K20172018: $33.3K$33.3K2018+191%
Operating income4895610-$5.5M in 2022+312% since 2017
-$15.0M-$10.0M-$5.0M02017: -$1.3M-$1.3M20172018: -$1.6M-$1.6M2018+19%2019: -$1.1M-$1.1M2019−28%2020: -$1.3M-$1.3M2020+17%2021: -$11.0M-$11.0M2021+734%2022: -$5.5M-$5.5M2022−51%
Net income4895610-$5.5M in 2022+102% since 2017
-$15.0M-$10.0M-$5.0M02017: -$2.7M-$2.7M20172018: -$397.3K-$397.3K2018−85%2019: -$682.0K-$682.0K2019+72%2020: -$4.9M-$4.9M2020+613%2021: -$12.0M-$12.0M2021+146%2022: -$5.5M-$5.5M2022−54%
Fiscal year201720182019202020212022
Revenue$74.8K4$33.3K4$05$06$07
Cost of revenue$63.3K4
Gross profit$11.5K4$33.3K4
Research and development$362.5K5$647.3K6$1.0M10
Operating expenses$11.0M6$5.5M10
Operating income-$1.3M4-$1.6M8-$1.1M9-$1.3M5-$11.0M6-$5.5M10
Interest
Income before tax-$12.0M6-$5.5M10
Income tax
Net income-$2.7M4-$397.3K8-$682.0K9-$4.9M5-$12.0M6-$5.5M10
Earnings per share-$17.206-$3.4510
Earnings per share (diluted)-$3.4510
Shares (weighted, basic)791.6K shares61.8M shares10
Shares (weighted, diluted)1.8M shares10

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Corporate structure

TELIX QSAM INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of TELIX QSAM INC.

  • TELIX QSAM INC. Austin, Texas

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What TELIX QSAM 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.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$225.3K6 Dec 31, 2022$1.5M6 Dec 31, 2021−85.0%

Leadership

Who has led TELIX QSAM INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Lloyd J. Breedlove2014
  2. Christopher M. Nelson2015–2017
  3. Kevin Bolin2021
  4. Douglas R. Baum2022–2024

Chair

  1. Kevin Bolin2021
  2. C. Richard Piazza2022–2024

President

  1. Lloyd J. Breedlove2014

Chief financial officer

  1. Stephen J. Hoelscher2014–2015
  2. Michelle Murcia2015–2017
  3. Adam King2023–2024
201520202025
Board members and other officers (12)

Former names

  • QSAM Biosciences, Inc.Nov 10, 2020 to May 2, 20242
  • Q2Earth Inc.Aug 23, 2017 to Sep 11, 20202
  • Q2Power Technologies, Inc.Dec 15, 2015 to Aug 18, 20172
  • Anpath Group, Inc.Oct 17, 2006 to Dec 11, 20152
  • Telecomm Sales Network IncDec 1, 2004 to Jan 10, 20072

Timeline

  1. May 2, 20248-K Bylaws or fiscal year changed31
  2. May 2, 20248-K Completed an acquisition or sale; Change to shareholders' rights; Change in control32
  3. Feb 8, 20248-K Entered a material agreement; Bylaws or fiscal year changed; Other events33
  4. Jan 16, 20248-K Other events34
  5. Nov 14, 20238-K Other events35
  6. Sep 29, 20238-K Unregistered sale of shares36
  7. Aug 16, 20238-K Other events37
  8. Jun 23, 20238-K Unregistered sale of shares38
  9. May 12, 20238-K Change of auditor39
  10. Apr 11, 20238-K Regulation FD disclosure40
  11. Apr 4, 20238-K Unregistered sale of shares41
  12. Mar 22, 20238-K Regulation FD disclosure42
  13. Feb 15, 2022New chief executive Douglas R. Baum becomes CEO13
  14. Feb 16, 2021New chief executive Kevin Bolin becomes CEO14
  15. Dec 18, 2015New chief executive Christopher M. Nelson becomes CEO15
  16. Apr 16, 2014New chief executive Lloyd J. Breedlove becomes CEO16

Calendar

When it reported results

  1. Nov 15, 2022Reported quarterly or annual results43
  2. Aug 16, 2022Reported quarterly or annual results44
  3. May 17, 2022Reported quarterly or annual results45

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

94 filings to the SEC since October 2021: 3 annual reports, 7 quarterly reports, 26 major events, 34 insider forms, 9 large holders, 2 private raises, 13 other. The latest 20:

  1. May 2, 202415-12G EDGAR
  2. May 2, 20248-K EDGAR
  3. May 2, 2024SC 13G/A EDGAR
  4. May 2, 2024SC 13G/A EDGAR
  5. May 2, 2024SC 13D/A EDGAR
  6. May 2, 20244 EDGAR
  7. May 2, 20244 EDGAR
  8. May 2, 20244 EDGAR
  9. May 2, 20244 EDGAR
  10. May 2, 20244 EDGAR
  11. May 2, 20244 EDGAR
  12. May 2, 20248-K EDGAR
  13. Apr 11, 2024DEFM14C EDGAR
  14. Apr 1, 2024PREM14C EDGAR
  15. Mar 20, 202410-K EDGAR
  16. Feb 20, 2024SC 13D/A EDGAR
  17. Feb 20, 20245 EDGAR
  18. Feb 20, 2024SC 13G/A EDGAR
  19. Feb 15, 2024SC 13G/A EDGAR
  20. Feb 14, 20244/A EDGAR

The 94 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.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$1.5M 2021–2022
Money received by yearMoney received by year, 2021–2022: $1.5M in all. Private raises (Form D) $1.5M.$0$250K$500K$750K$1M2021 · Private raises (Form D): $555.0K20212022 · Private raises (Form D): $925.0K2022
Figures by year
YearPrivate raises (Form D)Total
2022$925.0K$925.0K
2021$555.0K$555.0K

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Sep 30, 2022Raised $925,000 in a private offering of equity49 Form D: $3.5 million offered in all Form D
  2. Oct 31, 2021Raised $555,000 in a private offering of debt50 Form D: $1 million offered in all Form D

SEC filer profile

How TELIX QSAM INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARTELIX QSAM INC.1
  • CIK0001310527
  • Employer ID (EIN)20-16027791
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)2842 Specialty Cleaning, Polishing and Sanitation Preparations1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address9442 Capital Of Texas Hwy N, Plaza 1, Suite 500, Austin, TX 787591
  • Phone512-343-45581
  • Shares outstanding4,445,469 as of Mar 19, 202410
  • Public float$6.3M as of Jun 30, 202310
  • On EDGAR sinceDec 1, 20041
  • Filings338 in all: 8-K (89), 10-Q (37), 4 (33), 3 (17), UPLOAD (16), 10-K (13), 5 (13), NT 10-Q (13)1
    All 44 form types

    D (11), CORRESP (10), NT 10-K (10), 10QSB (8), SB-2/A (8), REGDEX (5), SC 13D (5), SC 13G/A (5), S-1/A (4), 10-12G/A (3), 10KSB (3), 4/A (3), 10-Q/A (2), 8-K/A (2), DEF 14C (2), PRE 14A (2), PRE 14C (2), SB-2 (2), SC 13D/A (2), SC 13G (2), 10-12G (1), 10-K/A (1), 10-KT (1), 15-12G (1), 15-15D (1), 424B3 (1), 8-A12B (1), CERT (1), D/A (1), DEF 14A (1), DEFM14C (1), EFFECT (1), PREM14C (1), PRER14A (1), RW (1), S-1 (1)

  • Latest filingsAnnual report (10-K) Mar 20, 2024
    Quarterly report (10-Q) Nov 13, 2023
    Proxy statement (DEF 14A) Jan 3, 2020
    Latest 8-K (8-K) May 2, 2024

Sources

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