Viewbix explores quantum computing, sells Cortex, raises $5.9M; revenue collapses 68%

Filed March 27, 2026 · Period ending December 31, 2025 · Compared to 10-K Mar 21, 2025 · ~2 min read

Key Changes

• high

  Company acquired Quantum X Labs (quantum computing R&D hub) for up to 40% equity and sold Cortex (digital content platform) to Minute Media for $800k, exiting digital advertising to pursue quantum technology and enterprise AI.

  Business: Quantum acquisition, Cortex sale view on EDGAR →
• high

  Continuing-operations revenue fell 68% to $1.6M (from $5.0M), driven by 53% decline in direct-model search revenue and 99% collapse in indirect-model revenue; single customer now represents 81% of revenue.

  MD&A: Revenue decline verify on EDGAR →
• high

  Net loss from continuing operations widened to $20.8M (from $14.1M), with $11.3M in financial expenses from fair-value adjustments on warrants and convertible instruments; going-concern language persists.

  MD&A: Net loss and going concern verify on EDGAR →