State Ledger
Company profile

DYNAMIC AEROSPACE SYSTEMS Corp CIK 1854526

Ticker
BRQL (OTC)
Industry
Aircraft
Headquarters
Ann Arbor, MI 48108
Fiscal year end
2025 (FY)
Key Financials
Revenue
$0
Net income
-$7.79M
Total assets
$13.31M
Total liabilities
—
Stockholders' equity
$10.44M
Cash & equivalents
$54.0K
Operating income
-$6.64M
Operating cash flow
-$1.93M
Capital expenditures
$1.1K

Fiscal year 2025, via 10-K filed 2026-04-15. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
—
Net margin
—
Free cash flow
-$1.93M
Free cash flow margin
—
Liabilities / assets
—
Equity / assets
78.5%
CapEx / revenue
—
Operating cash flow / net income
0.25×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $0 -$7.79M $13.31M — $10.44M
2024 $266 -$1.17M $237 — -$288.0K
2023 $5 -$348.3K $201.3K — -$77.0K
2022 $993 -$311.2K $129.7K — -$10.7K
2021 — -$289.3K $79.5K — $57.7K
Company Details
SIC code
3721
State of incorporation
NV
Active filer
Yes
Most recent SEC filing
Form 424B3
2026-08-13
Financials filed via
Form 10-K
filed 2026-04-15

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Ann Arbor, MI 48108
3753 PLAZA DR
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:36 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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