U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

                  Quarterly Report under Section 13 or 15 D of
                       the Securities Exchange Act of 1934


                        For Quarter Ended: June 30, 2002


                         Commission File Number: 0-28599


                              QUOTEMEDIA.COM, INC.
        (Exact name of small business issuer as specified in its charter)


                                     NEVADA
         (State or other jurisdiction of incorporation or organization)


                                   91-2008633
                      (IRS Employer Identification Number)


                             14500 Northsight Blvd.
                                    Suite 312
                                 Scottsdale, AZ
                    (Address of principal executive offices)


                                      85260
                                   (Zip Code)


                                 (480) 905-7311
                           (Issuer's Telephone Number)


Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15 (d) of the Securities Exchange Act of 1934 during the past 12 months
(or for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the past 90
days: Yes [X] No [ ].

On August 9, 2002, the Registrant had 42,919,529 shares of common stock
outstanding.
<PAGE>
                              QUOTEMEDIA.COM, INC.
                            INDEX TO QUARTERLY REPORT
                                 ON FORM 10-QSB


                                                                            Page

Part I. Financial Information

     Item 1.   Financial Statements                                           3

               Balance Sheets                                                 3

               Statements of Operations                                       4

               Statements of Cash Flows                                       5

               Notes to Financial Statements                                  6

     Item 2.   Management's Discussion and Analysis                           7

Part II. Other Information

     Item 1.   Legal Proceedings                                             11

     Item 2.   Changes in Securities                                         11

     Item 3.   Defaults Upon Senior Securities                               11

     Item 4.   Submission of Matters to a Vote of Security Holders           11

     Item 5.   Other Information                                             11

     Item 6.   Exhibits and Reports on Form 8-K                              11

     Signatures                                                              12

                                       2
<PAGE>
                              QUOTEMEDIA.COM, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                                  BALANCE SHEET
                                  JUNE 30, 2002
                                   (UNAUDITED)

ASSETS                                                             JUNE 30, 2002
                                                                   -------------
CURRENT ASSETS

Cash and cash equivalents                                           $     5,829
Accounts receivable                                                         289
Deposits                                                                 15,448
                                                                    -----------
Total current assets                                                     21,566

Fixed assets, net                                                        50,261
                                                                    -----------
                                                                    $    71,827
                                                                    ===========

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

Accounts payable                                                    $   266,554
Note payable                                                             87,775
Deferred revenue                                                          6,000
Due to related parties, net                                             365,245
                                                                    -----------
                                                                        725,574
                                                                    -----------

STOCKHOLDERS' EQUITY

Common stock, $0.001 par value, 50,000,000 shares
authorized, 37,869,529 shares issued and outstanding                     37,870
Additional paid-in capital                                            5,360,550
Accumulated deficit                                                  (6,052,167)
                                                                    -----------
                                                                       (653,747)
                                                                    -----------
                                                                    $    71,827
                                                                    ===========

"Subsequent Events" (Note 3)

                             See accompanying notes

                                       3
<PAGE>
                              QUOTEMEDIA.COM, INC.
                            STATEMENTS OF OPERATIONS
                SIX AND THREE MONTHS ENDED JUNE 30, 2002 AND 2001
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                          SIX             SIX            THREE           THREE
                                         MONTHS          MONTHS          MONTHS          MONTHS
                                         ENDED           ENDED           ENDED           ENDED
                                     JUNE 30, 2002   JUNE 30, 2001   JUNE 30, 2002   JUNE 30, 2001
                                      ------------    ------------    ------------    ------------
<S>                                   <C>             <C>             <C>             <C>
OPERATING REVENUE

Advertising                           $      6,165    $      1,713    $      4,707    $        267
Licensing fees                              12,580           5,365           8,147           2,388
                                      ------------    ------------    ------------    ------------
                                            18,745           7,078          12,854           2,655

OPERATING EXPENSES

Business development                         4,929         138,858           2,026         129,716
Financing expense                          340,250          75,000          52,500              --
Office and administration                  322,828         257,863         261,677          92,842
Professional fees                            7,325          50,473           2,257          19,036
Research and development                    96,070          30,936          51,847          16,514
Website content                             96,777         110,687          51,295          34,327
                                      ------------    ------------    ------------    ------------
                                           868,179         663,817         421,602         292,435
                                      ------------    ------------    ------------    ------------

OPERATING LOSS                            (849,434)       (656,739)       (408,748)       (289,780)

OTHER INCOME AND EXPENSES
Interest income                                114             146              24              11
Loss on sale of securities                      --          (2,794)             --              --
                                      ------------    ------------    ------------    ------------
                                               114          (2,648)             24              11

LOSS FOR PERIOD                           (849,320)       (659,387)       (408,724)       (289,769)
                                      ============    ============    ============    ============

EARNINGS PER SHARE

Basic loss per share                  $      (0.02)   $      (0.03)   $      (0.01)   $      (0.01)
                                      ============    ============    ============    ============

Diluted                               $      (0.02)   $      (0.03)   $      (0.01)   $      (0.01)
                                      ============    ============    ============    ============

WEIGHTED AVERAGE SHARES OUTSTANDING

Basic                                   35,984,032      20,679,711      37,664,034      19,240,683
                                      ============    ============    ============    ============

Diluted                                 39,551,898      21,499,800      39,313,938      20,693,183
                                      ============    ============    ============    ============
</TABLE>

                             See accompanying notes

                                       4
<PAGE>
                              QUOTEMEDIA.COM, INC.
                            STATEMENTS OF CASH FLOWS
                     SIX MONTHS ENDED JUNE 30, 2002 AND 2001
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                      SIX MONTHS ENDED   SIX MONTHS ENDED
                                                       JUNE 30, 2002      JUNE 30, 2001
                                                         ---------          ---------
<S>                                                      <C>                <C>
CASH FLOWS FROM OPERATING ACTIVITIES:

NET LOSS                                                 $(849,320)         $(659,387)

ADJUSTMENTS TO RECONCILE LOSS TO NET CASH USED IN
OPERATING ACTIVITIES:
Depreciation expense                                         8,054              7,127
Loss on sale of marketable securities                           --              2,794
Issuance of capital stock for services                     323,750            213,750
CHANGES IN ASSETS AND LIABILITIES:
Accounts receivable                                           (289)             3,159
Deposits                                                       (44)            (6,793)
Accounts payable                                           (78,583)            39,925
Deferred revenue                                             6,000             (2,055)
Due from related parties, net                              124,492            148,014
                                                         ---------          ---------
NET CASH USED IN OPERATING ACTIVITIES                    $(465,940)         $(253,466)
                                                         ---------          ---------

CASH FLOWS FROM INVESTING ACTIVITIES:

Proceeds from sale of marketable securities              $      --          $  81,626
Purchase of marketable securities                               --            (43,000)
Fixed assets                                                (9,251)                --
                                                         ---------          ---------
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES         (9,251)            38,626
                                                         ---------          ---------

CASH FLOWS FROM FINANCING ACTIVITIES:

Share subscription receivable                               20,000                 --
Repayment of note payable                                  (40,000)           100,000
Issuance of capital stock for cash                         200,000                 --
Issuance of capital stock for debt                         100,000                 --
                                                         ---------          ---------
NET CASH PROVIDED BY FINANCING ACTIVITIES                  280,000            100,000
                                                         ---------          ---------

NET DECREASE IN CASH                                      (195,191)          (114,840)

CASH, BEGINNING OF PERIOD                                  201,020            158,339
                                                         ---------          ---------

CASH, END OF PERIOD                                      $   5,829          $  43,499
                                                         =========          =========
</TABLE>

                             See accompanying notes

                                       5
<PAGE>
                              QUOTEMEDIA.COM, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS
                      SIX MONTH PERIOD ENDED JUNE 30, 2002

1.   UNAUDITED INTERIM FINANCIAL STATEMENTS

     The accompanying unaudited financial statements have been prepared in
accordance with the generally accepted accounting principles for interim
financial statements and instructions for Form 10-QSB. Accordingly, they do
not include all of the information and footnotes required by generally accepted
accounting principles for complete financial statements. In the opinion of
management, all adjustments, consisting only of normal recurring adjustments
considered necessary for a fair presentation, have been included. Operating
results for any quarter are not necessarily indicative of the results for any
other quarter or for a full year.

     These financial statements should be read in conjunction with our
consolidated financial statements and the notes thereto for the fiscal year
ended December 31, 2001 contained in our Form 10-KSB filed with the Securities
and Exchange Commission dated March 18, 2002.

2.   BASIS OF PRESENTATION

     BUSINESS COMBINATION

     The Company ("QuoteMedia") was incorporated June 28, 1999 under the laws of
the State of Colorado. On July 14, 1999, Skyline Entertainment, Inc.,
("Skyline") issued 11,000,000 common shares to acquire 100% of the issued and
outstanding shares of QuoteMedia. This issuance represented approximately 72% of
the issued and outstanding shares of Skyline. As a result, the selling
shareholders of QuoteMedia have become the controlling shareholders of Skyline.
This transaction, under which control of the parent company passes to the former
shareholders of the subsidiary, is accounted as a reverse takeover.

     Under reverse takeover accounting, the cost of the acquisition of
QuoteMedia has been recorded using the purchase method, with QuoteMedia (the
legal subsidiary) being recognized as the parent for accounting purposes.

     Under the July 14, 1999 agreement, immediately after the reverse takeover,
QuoteMedia was merged into Skyline, with Skyline being the surviving
corporation. Skyline's name was then changed to QuoteMedia.com, Inc.

     EARNINGS PER SHARE

     Earnings per share have been computed based on the weighted average number
of common shares outstanding. For the nine-month period prior to the reverse
acquisition discussed above, the number of common shares outstanding used in
computing earnings per share is the number of common shares outstanding as a
result of such reverse acquisition, plus such additional shares issued by the
Company subsequent to the business combination.

3.   SUBSEQUENT EVENTS

     In July and August of 2002, the company issued 2,700,000 shares of
restricted common stock at $0.05 for total proceeds of $135,000.

                                       6
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIONS AND RESULTS
        OF OPERATIONS

     The following discussion should be read in conjunction with our financial
statements and notes thereto included elsewhere in this report. We caution
readers regarding certain forward looking statements in the following
discussion, elsewhere in this report, and in any other statements, made by, or
on behalf of our company, whether or not in future filings with the Securities
and Exchange Commission. Forward-looking statements are statements not based on
historical information and which relate to future operations, strategies,
financial results, or other developments. Forward-looking statements are
necessarily based upon estimates and assumptions that are inherently subject to
significant business, economic, and competitive uncertainties and contingencies,
many of which are beyond our control and many of which, with respect to future
business decisions, are subject to change. These uncertainties and contingencies
can affect actual results and could cause actual results to differ materially
from those expressed in any forward looking statements made by, or on behalf of,
our company. We disclaim any obligation to update forward-looking statements.

     All references to "we", "our", "us", of "quotemedia" refer to
Quotemedia.com, Inc., and it predecessors, operating divisions, and
subsidiaries.

     This report should be read in conjunction with our Form 10-KSB filed with
the Securities and Exchange Commission dated March 18, 2002.

OVERVIEW

     We are a leading Java Internet software developer and Vertical Service
Provider, or VSP, specializing in the collection, aggregation, and delivery of
both delayed and real-time financial data and complementary content via the
Internet.

     Our unique plug and play product capabilities provide a competitive
advantage to Internet sites by offering a cost effective and simple alternative
to the complex and expensive data feed model employed by most web sites today.

     The modules are lightweight, reliable, and easy to install, require fewer
content updates and data feeds, and have fewer maintenance issues. They are
highly customizable, allowing for seamless integration into a customer's web
page. To add a module to a web site, a webmaster simply copies and pastes one
line of our code to the desired web page.

     Our products allow existing web portals and brokerage firms to offer
investment information and services to their clients via the Internet. Investors
can monitor investments through our customizable portfolio tracker, research
investment opportunities, watch live video, and execute trades, all from within
their browser. We believe that the business model of licensing turnkey, cost
effective software solutions to our customers on a private label basis is unique
and timely. The private label model allows our company to take advantage of
existing brand recognition and loyalties already established between our
customers and their clients.

     Our new QuoteStream(TM) product line is comprised of three products
(QuoteStream Lite, QuoteStream, and QuoteStream Pro), all based on the company's
revolutionary, proprietary Java Applet that delivers a broad range of

                                       7
<PAGE>
value-added financial information and services, such as market indices, stock
watch lists, charts, delayed and real-time Level I and Level II streaming
(dynamically updated) content in a small (under 100k) web delivered
micro-application that requires no downloads or user-resident software, and
resides on the user's computer desktop.

     We have designed our QuoteStream(TM) products specifically for private
branding by brokerage, banking, and web portal companies ("Corporate Partners"),
and to meet the needs of their customers. QuoteStream enables a Corporate
Partner to complement their existing product offering, differentiate themselves
from their competition, and generate potentially substantial incremental
revenue. This comprehensive micro-application, allows Corporate Partners to
offer their own private branded QuoteStream Lite product at no cost to the
Partner Company and no cost to their customer. In addition, Partners can offer
and up-sell the enhanced QuoteStream and QuoteStream Pro products.

     We will derive the majority of our revenue from monthly user subscription
fees for Level I and Level II products, which we share with our corporate
marketing partners. We will also derive revenue from other sources such as email
list rentals, banner ads etc.

RESULTS OF OPERATIONS

REVENUE

     Revenue consists of advertising fees generated from sponsorship
advertisements and licensing fees generated from our software applications.
Revenue for the three month period ended June 30, 2002 was $12,854 compared to
$2,655 for the three month period ended June 30, 2001. Revenue for the six month
period ended June 30, 2002 was $18,745 compared to $7,078 for the six month
period ended June 30, 2001. The increase is due to increased licensing fees and
banner-advertising revenue related to the Company's Quotestream product.

OPERATING EXPENSES

     WEBSITE CONTENT

     Website content expenses consist primarily of fees paid to the company's
strategic partners for providing financial content such as news, stock quotes,
charts, company background data, and general information. Website content
expenses for the three month period ended June 30, 2002 were $51,295 compared
with $34,327 for the three month period ending June 30, 2001. Website content
expenses for the six month period ended June 30, 2002 were $96,777 compared with
$110,687 for the six month period ending June 30, 2001. The decrease is due to
the Company re-negotiating lower rates for website content.

                                       8
<PAGE>
     PROFESSIONAL FEES

     Professional fees consist primarily of legal and accounting fees.
Professional fees for the three month period ended June 30, 2002 were $2,257
compared with $19,036 for the three month period ending June 30, 2001.
Professional fees for the six month period ended June 30, 2002 were $7,325
compared with $50,473 for the six month period ending June 30, 2001. The
decrease is due to a decrease in legal fees associated with trade marking
activity and other legal matters.

     RESEARCH AND DEVELOPMENT

     Research and development expenses consist primarily of costs associated
with the design, programming, and testing of our company's software
applications. Research and development expenses for the three month period ended
June 30, 2002 were $51,847 compared with $16,514 for the three month period
ended June 30, 2001. Research and development expenses for the six month period
ended June 30, 2002 were $96,070 compared $30,936 for the six month period ended
June 30, 2001. The increase is due to the development of the Company's
Quotestream product.

     BUSINESS DEVELOPMENT

     Business development consists primarily of marketing, investor relations,
travel, and printing expenses. Business development expenses for the three month
period ended June 30, 2002 were $2,026 compared to $129,716 for the three month
period ended June 30, 2001. Business development expenses for the six month
period ended June 30, 2002 were $4,929 compared to $138,858 for the six month
period ended June 30, 2001. The decrease is due to a reduction of business
development spending due to poor market conditions.

     FINANCING EXPENSE

     Financing expenses relate to the cost of common stock issued for assistance
in obtaining equity and debt financing. Financing expenses during the three
month period ended June 30, 2002 were $52,500. No financing expenses were
incurred for the three period ended June 30, 2001. Financing expenses for the
six month period ended June 30, 2002 were $340,250 compared to $75,000 for the
six month period ended June 30, 2001. The increase is due to a larger number of
shares required to be issued for assistance in obtaining financing due to poor
market conditions.

     OFFICE AND ADMINISTRATION

     Office and administration expenses consist primarily of rent, computer
equipment leases, computer maintenance and storage and salary expenses. Office
and administration expenses for the three month period ended June 30, 2002 were
$261,677 compared to $92,842 for the three month period ended June 30, 2001.
Office and administration expenses for the six month period ended June 30, 2002
were $322,828 compared to $257,863 for the six month period ended June 30, 2001.
The increase is due to salary and relocation expenses that were accrued during
the period but remain unpaid as at June 30, 2002.

                                       9
<PAGE>
INTEREST INCOME

Interest income consists of interest earned on cash and money market
investments. Interest income for the three month period ended June 30, 2002 was
$24 compared to $11 for the three month period ended June 30, 2001. Interest
income for the six month period ended June 30, 2002 was $114 compared to $146
for the six month period ended June 30, 2001.

LOSS ON SALE OF MARKETABLE SECURITIES

The Company had no sales of marketable securities in the six month period ended
June 30, 2002. The Company incurred a loss on the sale of marketable securities
of $2,794 for the six month period ending June 30, 2001.

LOSS FOR THE PERIOD

As a result of the foregoing, we incurred a loss for the three months ended June
30, 2002 of $408,724 or approximately $(0.01) per share compared to a loss of
$289,769 and $ (0.01) per share for the three months ended June 30, 2001. The
Company incurred a loss for the six months ended June 30, 2002 of $849,320 or
approximately $(0.02) per share compared to a loss of $659,387 and $ (0.03) per
share for the six months ended June 30, 2001.

LIQUIDITY AND CAPITAL RESOURCES

Our cash totaled $5,829 at June 30, 2002, as compared with $158,339 at December
31, 2001, a decrease of $195,191. Net cash of $465,940 was used in operations
for the six months ended June 30, 2002, primarily resulting from our net loss
for the period offset by an increase in amounts due to related parties and the
issuance of capital stock for services. Net cash used by investing activities
for the six months ended June 30, 2002 was $9,251 resulting from the purchase of
fixed assets. Net cash provided by financing activities for the six months ended
June 30, 2002 was $280,000 resulting from the issuance of capital stock for cash
and debt and the decrease in share subscription receivable, offset by the
partial repayment of notes payable.

We cannot predict the timing and amount of future capital expenditures. In July
and August of 2002, the company issued 2,700,000 shares of restricted common
stock at $0.05 for total proceeds of $135,000. We believe that cash on hand will
be sufficient to fund our current operations through the third quarter of 2002.
We intend to accelerate our development and infrastructure spending in the
coming calendar quarters if we have sufficient available capital resources. We
will require additional financings, which may come from future equity or debt
offerings that could result in dilution to our stockholders. Adequate capital
may not be available at that time and the lack of such capital could adversely
affect our business.

                                       10
<PAGE>
                            PART II OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS - none

ITEM 2. CHANGES IN SECURITIES

During April 2002, we issued 150,000 shares of restricted common stock at a
price of $0.22 per share, or an aggregate price of $33,000 as a financing fee
for financing provided to the Company. We issued 200,000 shares of restricted
common stock at a price of $0.10 per share, or an aggregate offering price of
$20,000 as part of a private equity financing. We issued 1,000,000 shares of
restricted common stock at a price of $0.10 for in consideration for debt owed
by the Company. We issued these shares without registration under the Securities
Act in reliance on the exemption provided by Section 4(2) of the Securities Act
as a transaction by an issuer not involving a public offering.

During May 2002, we issued 130,000 shares of restricted common stock at a price
of $0.15 per share, or an aggregate price of $19,500, as a financing fee for
financing provided to the Company.. We issued these shares without registration
under the Securities Act in reliance on the exemption provided by Section 4(2)
of the Securities Act as a transaction by an issuer not involving a public
offering.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES - none

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS - none

ITEM 5. OTHER INFORMATION - none

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

     (a)  Exhibits

          Exhibit 99.1   Certification by Chief Executive Officer Pursuant to 18
                         U.S.C. Section 1350, as Adopted Pursuant to Section 906
                         of the Sarbanes-Oxley Act of 2002

          Exhibit 99.2   Certification by Chief Financial Officer Pursuant to 18
                         U.S.C. Section 1350, as Adopted Pursuant to Section 906
                         of the Sarbanes-Oxley Act of 2002

     (b)  Reports on Form 8-K - None

                                       11
<PAGE>
                                   SIGNATURES

     Pursuant to the requirements of Section 12 of the Securities and Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.


                                        QUOTEMEDIA.COM, INC.


                                        Dated: August 9, 2002



                                        By: /s/ R. Keith Guelpa
                                            ------------------------------------
                                            R. Keith Guelpa,
                                            President
                                            (Principal Executive Officer)



                                        By: /s/ Keith J. Randall
                                            ------------------------------------
                                            Keith J. Randall, C.A.,
                                            Chief Financial Officer
                                            (Principal Accounting Officer)

                                       12