BrooQLy Inc. Reports No Revenue and Increased Losses in Q2 2025

BrooQLy Inc., now operating as Dynamic Aerospace Systems, reported significant financial developments in its latest 10-Q filing for the second quarter of 2025. The company generated no revenue during the three and six months ended June 30, 2025, a decline from $152 and $181 in the same periods of 2024, respectively. Operating expenses surged to $478,146 for the quarter and $806,463 for the half-year, marking increases of 540% and 387% year-over-year. The net loss for the second quarter was $805,767, compared to a loss of $596,316 in the prior year, while the loss for the six months reached $1,299,619, up from $691,971 in 2024.

The substantial rise in operating expenses is attributed to increased professional fees and depreciation related to the recent acquisitions of Vayu (US) Inc., Impossible Aerospace Corporation, and Global Autonomous Corporation, which were completed on April 1, 2025. These acquisitions have positioned BrooQLy to operate in two segments: Dynamic Aerospace Systems, focusing on unmanned aerial vehicles (UAVs), and Dynamic Deliveries, which aims to develop autonomous logistics networks. The company has also expanded its employee base, with a total headcount of 30,716,783 shares of common stock outstanding as of June 30, 2025.

In terms of financial structure, BrooQLy reported total assets of $15,989,760, a significant increase from $237 at the end of 2024, primarily due to the acquisition of intangible assets and goodwill totaling $12,734,680. The company’s liabilities also rose, with current liabilities amounting to $575,882, up from $288,226 at the end of the previous fiscal year. The increase in liabilities is largely due to accounts payable and lease obligations associated with the new operational facilities.

Looking ahead, BrooQLy Inc. is actively pursuing additional financing opportunities to support its growth strategy and operational needs. The company has engaged with Aerospace Capital Partners, LLC, its largest shareholder, for financial support and is working with investment banks to raise capital. Management anticipates that revenue generation from the newly acquired assets will begin to offset operating costs within the next twelve months, although the company acknowledges the need for continued investment in research and development to maintain its competitive edge in the UAV market.

Overall, while BrooQLy Inc. faces challenges in achieving profitability in the near term, its strategic acquisitions and focus on autonomous aerospace technologies position it for potential growth in the evolving UAV and logistics sectors. The company remains committed to securing the necessary capital to support its operations and long-term objectives.