$QGAI

Quantum Genesis AI Corp.

CIK:0001663038|SEC Filings

CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Apr. 30, 2026	Apr. 30, 2025	Apr. 30, 2026	Apr. 30, 2025
CONDENSED STATEMENTS OF OPERATIONS (Unaudited)
Sales	$ 0	$ 0	$ 0	$ 0
Operating expenses
General and administrative	5,966	11,453	25,029	16,365
Professional fees	13,117	49,000	34,632	129,556
Total operating expenses	19,083	60,453	59,661	145,921
Loss from operations	(19,083)	(60,453)	(59,661)	(145,921)
Other expense
Interest expense	(5,829)	(5,310)	(18,904)	(15,171)
Loss on conversion of debt	0	0	(4,325,872)	0
Total other expenses	(5,829)	(5,310)	(4,344,776)	(15,171)
Net loss before tax provision	(24,912)	(65,763)	(4,404,437)	(161,092)
Tax provision	0	0	0	0
Net loss	$ (24,912)	$ (65,763)	$ (4,404,437)	$ (161,092)
Net loss per common share: basic and diluted	$ (0.00)	$ (0.00)	$ (0.11)	$ (0.00)
Weighted average common shares outstanding - basic and diluted	35,327,050	35,327,050	38,962,050	35,117,811

CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	9 Months Ended
	Apr. 30, 2026	Apr. 30, 2025
Cash Flows from Operating Activities
Net loss	$ (4,404,437)	$ (161,092)
Adjustments to reconcile net loss to net cash provided by operating activities:
Loss on conversion of debt	4,325,872	(2,500)
Changes in assets and liabilities
Prepaid expenses	0	10,000
Accounts payable	16,012	35,892
Due to related party	(400)	1,150
Net cash from operating activities	(62,953)	(116,550)
Cash Flows from Financing Activities
Proceeds from the issuance of common stock	0	41,850
Proceeds from notes payable	62,428	75,284
Net cash from financing activities	62,428	117,134
Net decrease in cash	(525)	584
Cash, beginning of period	584	0
Cash, end of period	59	584
Supplemental disclosure of cash flow information
Cash paid for interest	0	0
Cash paid for taxes	0	0
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Shares issued for settlement of notes payable and accrued liabilities	$ 76,028	$ 3,200

CONDENSED BALANCE SHEETS - USD ($)	Apr. 30, 2026	Jul. 31, 2025
ASSETS
Cash	$ 59	$ 584
Prepaid expenses	0	0
Total current assets	59	584
Total assets	59	584
Current liabilities
Accounts payable and accrued expenses	175,502	175,218
Due to related parties	16,602	17,002
Notes payable	251,209	249,081
Total current liabilities	443,313	441,301
Total liabilities	443,313	441,301
Commitments and Contingencies (See note 5)	0	0
Common Shares 750,000,000 authorized shares, par value $0.00001; 40,972,050 and 38,962,050 shares issued and outstanding as of April 30, 2026 and July 31, 2025, respectively	409	389
Additional paid-in capital	9,597,336	5,195,456
Accumulated deficit	(10,041,004)	(5,636,567)
Total stockholders' deficit	(443,254)	(440,717)
Total liabilities and stockholders' deficit	59	584
Preferred Stock [Member]
Current liabilities
Preferred stock, value	0	0
Series A Preferred Stock [Member]
Current liabilities
Preferred stock, value	0	0
Series B Preferred Stock [Member]
Current liabilities
Preferred stock, value	$ 5	$ 5