Going-concern and funding dependence
Recurring losses and limited revenues can constrain operations and investment capacity.
- Scope
- Company-wide
- Materiality
- high
Quarta-Rad, Inc.
Quarta-Rad, Inc. is a U.S.-based company that distributes radiation detection devices such as Geiger counters to homeowners, consumers, and related resellers. Through its wholly owned subsidiary Sellavir, Inc., it also develops AI-based software and consulting services, including the CenterEye call center platform and image-processing solutions.
−118,6 %
41,5 %
−104,9 %
+129,4 %
0.25
0.25
| % | |
|---|---|
| Radiation detection devices | 70% Handheld and consumer-oriented detection products, including Geiger counters and related devices. |
| Product distribution and resale | 20% Sales of imported devices through online retail, wholesalers, distributors, and resellers. |
| AI consulting and custom software | 5% Customized AI and development services built around customer-specific needs and image processing. |
| CenterEye call center software | 5% Subscription-based software for call center operations, analytics, and customer engagement. |
Quarta-Rad sells detection devices to homeowners, consumers, homebuilders, and home renovation contractors, with...
- Homeowners and consumersprimary
Buy Geiger counters and related detection devices for personal or household use.
- Homebuilders and renovation contractorssecondary
Buy detection devices for site inspection, safety checks, and project-related use.
- Resellers and online retail channelsprimary
Purchase inventory for resale through e-commerce, wholesalers, and distributors.
- Japanese reseller channelprimary
Acts as the main commercial channel for Sellavir's AI and software offerings in Japan.
- Enterprise software customersemerging
Buy custom AI services and CenterEye to improve call center operations and analytics.
The company is incorporated in the United States and operates with a U.S. base, while its product distribution reaches...
- •United States is the corporate base and a target market for software expansion
- •North America is a core market for detection-device sales
- •Europe has been a sales region for detection devices
- •Japan is important for Sellavir revenue through a reseller channel
- •Cross-border sourcing and logistics affect inventory availability
Quarta-Rad is trying to broaden its business beyond radiation measurement by building AI-based software capabilities...
01
Build AI software revenueshort-term
Software can diversify the business away from imported hardware and create recurring revenue potential.
02
Integrate AI with detection productsmedium-term
Combining Sellavir with the Radex series may create differentiated radiation detection capabilities.
03
Expand market reachmedium-term
Broader geographic reach reduces reliance on a limited set of channels and customers.
The company faces supply-chain and geopolitical risk because it relies on imported inventory and has disclosed...
Russia-Ukraine sanctions and banking restrictions
The company disclosed that inventory purchases from Russia were impacted by sanctions and restrictions.
- Scope
- Inventory sourcing and logistics
- Materiality
- high
EU sales restrictions
The company stated that its ability to continue selling in the EU was diminished.
- Scope
- European sales
- Materiality
- high
CenterEye market acceptance
Software revenue depends on customer adoption of a new AI call center product.
- Scope
- Sellavir software
- Materiality
- high
Revenue recognition for product sales
Device sales and reported revenue timing
Related-party valuation estimates
Balance sheet and earnings quality
Foreign currency translation
Other income/expense and equity
Contingencies and accrued expenses
Operating expenses and liabilities
: 29.4.2026