Cloud Codes SSO technology
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QSE Announces Fiscal 2025 Year End Filing
TMX Newsfile· 2026-02-09 13:00
Core Insights - Quantum Secure Encryption Corp. (QSE) has filed its audited annual financial statements for the year ended September 30, 2025, marking a significant milestone for the company [1][3] Business Transformation - In fiscal 2025, QSE underwent a transformation with a strengthened management team and an enhanced product suite, achieving its first revenues through the acquisition of Cloud Codes [2] - The company anticipates building on this success in fiscal 2026 with new user acquisitions and continued expansion of its product line, alongside obtaining Level 1 and 2 certifications under CyberSecure Canada [2] Financial Reporting - The annual filings were completed later than initially planned due to additional time required for the auditor's review of the valuation of the recently acquired Cloud Codes SSO technology, with no disagreements reported [3] Company Overview - QSE specializes in post-quantum data security, encryption, and secure data infrastructure, focusing on protecting sensitive data from current and future cyber threats [4] - The company serves various sectors, including commercial, enterprise, and public sectors, emphasizing long-term data confidentiality and resilience [4] Key Developments - Ted Carefoot has been appointed as the new CEO, bringing experience from leadership roles at Electronic Arts and Disney Online Studies Canada [8] - QSE launched a subscription model for encrypted, quantum-resilient cloud storage solutions and acquired the Cloud Codes business, generating immediate revenue [8] - The company has raised sufficient capital to support its expansion and development needs [8]