We are an intellectual property asset management company. Our principal operations include the development, acquisition, licensing and enforcement of intellectual property rights that are either owned or controlled by us or one of our wholly-owned subsidiaries. We currently own, control or manage eleven intellectual property portfolios, which principally consist of patent rights. Our eleven intellectual property portfolios include the portfolios which we acquired from Intellectual Ventures Assets 16, LLC (“Intellectual Ventures”) and seven of its affiliates. As part of our intellectual property asset management activities and in the ordinary course of our business, it has been necessary for us or the intellectual property owner who we represent to initiate, and it is likely to continue to be necessary to initiate, patent infringement lawsuits and engage in patent infringement litigation. We anticipate that our primary source of revenue will come from the grant of licenses to use our intellectual property including licenses granted as part of the settlement of patent infringement lawsuits.
Company profile
Ticker
QPRC
Exchange
Website
CEO
Jon Charles Scahill
Employees
Location
Fiscal year end
Industry (SIC)
Former names
PHASE OUT OF AMERICA INC, QUEST PRODUCTS CORP
SEC CIK
QPRC stock data
Calendar
16 May 22
12 Aug 22
31 Dec 22
Financial summary
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Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 254.67K | 254.67K | 254.67K | 254.67K | 254.67K | 254.67K |
Cash burn (monthly) | 3.39K | (no burn) | 178.58K | (no burn) | 70.06K | (no burn) |
Cash used (since last report) | 14.91K | n/a | 785.64K | n/a | 308.19K | n/a |
Cash remaining | 239.77K | n/a | -530.97K | n/a | -53.52K | n/a |
Runway (months of cash) | 70.8 | n/a | -3.0 | n/a | -0.8 | n/a |
Financial report summary
?Competition
AIkido Pharma • DSS • Parkervision • Acacia Research • Virnetx Holding • Netlist • Finjan • Interdigital • Marathon DigitalContent analysis
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H.S. junior Avg
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New words:
Alto, ceased, Checkpoint, Cisco, complaint, cycle, Deepwell, Digital, DIP, DIPA, eighteen, fifteen, Google, inclusion, involve, judgement, lengthy, LSC, Micro, Microsoft, NY, Palo, repayment, resumed, Southern, successor, TLL, Trend, Tyche, unsuccessful, voluntarily, Western
Removed:
accreted, achieve, Aid, April, Auto, Bank, care, case, Chase, constitute, convertible, Costco, Crystal, cumulative, cured, decrease, Division, Electric, enacted, entering, forgiven, fourth, group, harm, health, IKEA, imputed, intellection, Jeff, JPMorgan, Mitsubishi, mortgage, Nicolson, Nintendo, North, payroll, PPP, promissory, qualifying, rent, thirteen, thirty, Toler, Wholesale, Xiaomi
Current reports
8-K
Amendments to Articles of Incorporation or Bylaws
28 Jul 22
8-K
Changes in Registrant's Certifying Accountant
29 Jun 21
8-K
Changes in Registrant's Certifying Accountant
8 Jun 21
8-K
Regulation FD Disclosure
2 Mar 21
8-K
Quest Patent Research Enters into $27 Million Capital Facility for Acquisition Growth Capital
25 Feb 21
8-K
Prepaid Forward Purchase Agreement
24 Feb 21
8-K
Entry into a Material Definitive Agreement
6 Nov 20
8-K
Entry into a Material Definitive Agreement
29 Oct 20
8-K
Entry into a Material Definitive Agreement
2 Oct 20
8-K
Other Events
31 Aug 20
Registration and prospectus
POS AM
Prospectus update (post-effective amendment)
21 Jun 22
POS AM
Prospectus update (post-effective amendment)
12 May 22
424B3
Prospectus supplement
21 Jun 21
RW
Registration withdrawal request
14 Jun 21
S-1/A
IPO registration (amended)
11 Jun 21
S-1
IPO registration
17 May 21
POS AM
Prospectus update (post-effective amendment)
9 Jul 19
POS AM
Prospectus update (post-effective amendment)
4 May 18
POS AM
Prospectus update (post-effective amendment)
29 Jun 17
424B3
Prospectus supplement
10 Feb 16
Proxies
No filings
Other
EFFECT
Notice of effectiveness
27 Jun 22
EFFECT
Notice of effectiveness
17 Jun 21
CORRESP
Correspondence with SEC
13 Jun 21
UPLOAD
Letter from SEC
24 May 21
EFFECT
Notice of effectiveness
16 Jul 19
EFFECT
Notice of effectiveness
11 May 18
EFFECT
Notice of effectiveness
5 Jul 17
EFFECT
Notice of effectiveness
10 Feb 16
CORRESP
Correspondence with SEC
8 Feb 16
CORRESP
Correspondence with SEC
7 Feb 16
Patents
Utility
System and Method for Associating Audio Clips with Objects
20 May 21
A system and method for associating an audio clip with an object is provided wherein the voice-based system, such as a voicemail system, is used to record the audio clips.
Utility
System and method for associating audio clips with objects
2 Mar 21
A system and method for associating an audio clip with an object is provided wherein the voice-based system, such as a voicemail system, is used to record the audio clips.