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Quantum Computing Inc. (QUBT) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
5 MARINE VIEW PLZ, SUITE 214 HOBOKEN, NJ 07030 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 3/31/2026 MRQ | 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,117,301,000 | 78,945,000 | 2,059,285 | 5,308,466 | 16,738,657 | 15,196,322 | |||
| Cash and cash equivalent | 737,880,000 | 78,945,000 | 2,059,285 | 5,308,466 | 16,738,657 | 15,196,322 | |||
| Short-term investments | 379,421,000 | ||||||||
| Receivables | 4,153,000 | 27,000 | 622,236 | 12,774 | |||||
| Inventory, net of allowances, customer advances and progress billings | 352,000 | 18,000 | 72,650 | ||||||
| Inventory | 352,000 | 18,000 | 72,650 | ||||||
| Prepaid expense | 138,460 | 224,302 | 482,998 | 40,773 | |||||
| Other current assets | 289,117 | 42,105 | |||||||
| Other undisclosed current assets | 11,914,000 | 161,000 | |||||||
| Total current assets: | 1,133,720,000 | 79,151,000 | 3,181,748 | 5,587,647 | 17,221,655 | 15,237,095 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2,353,000 | 1,522,000 | 799,942 | 18,084 | |||||
| Nontrade receivables | 4,551,000 | ||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 12,971,000 | 8,212,000 | 2,869,658 | 975,169 | 41,348 | 30,956 | |||
| Long-term investments and receivables | 403,121,000 | ||||||||
| Long-term investments | 403,121,000 | ||||||||
| Intangible asset, including goodwill, after accumulated amortization, including: | 62,073,000 | 64,545,000 | 59,125,773 | ||||||
| Goodwill | 55,573,000 | 55,573,000 | 60,359,867 | ||||||
| Intangible asset, excluding goodwill, after accumulated amortization | 6,500,000 | 8,972,000 | 11,388,015 | ||||||
| Other undisclosed intangible asset, including goodwill, after accumulated amortization | (12,622,109) | ||||||||
| Other noncurrent assets | 131,000 | 129,000 | 82,737,515 | ||||||
| Other undisclosed noncurrent assets | 12,751,154 | ||||||||
| Total noncurrent assets: | 485,200,000 | 74,408,000 | 75,546,527 | 83,712,684 | 59,432 | 30,956 | |||
| Other undisclosed assets | 3,109 | ||||||||
| TOTAL ASSETS: | 1,618,920,000 | 153,559,000 | 78,728,275 | 89,300,331 | 17,284,196 | 15,268,051 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 9,913,000 | 3,506,000 | 1,657,464 | 4,431,868 | 943,375 | 474,836 | |||
| Accounts payable | 778,000 | 1,372,000 | 1,461,541 | 871,887 | 464,870 | 366,706 | |||
| Accrued liabilities | 9,135,000 | 2,134,000 | 195,923 | 3,559,981 | 478,505 | 108,130 | |||
| Deferred revenue | 395,000 | 79,000 | 458 | ||||||
| Debt | 2,496,480 | 535,684 | 218,371 | ||||||
| Derivative instruments and hedges, liabilities | 219,844 | 117,454 | |||||||
| Other liabilities | 766,000 | 974,000 | 250,116 | 3,385 | |||||
| Other undisclosed current liabilities | 215,119 | 1,357,924 | |||||||
| Total current liabilities: | 11,074,000 | 4,559,000 | 4,619,637 | 6,545,320 | 1,064,214 | 693,207 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 7,632,998 | ||||||||
| Long-term debt, excluding current maturities | 7,632,998 | ||||||||
| Liabilities, other than long-term debt | 9,581,000 | 41,713,000 | 840,085 | 225,282 | |||||
| Other liabilities | 225,282 | ||||||||
| Operating lease, liability | 1,808,000 | 1,181,000 | 840,085 | ||||||
| Derivative instruments and hedges, liabilities | 7,773,000 | 40,532,000 | |||||||
| Total noncurrent liabilities: | 9,581,000 | 41,713,000 | 840,085 | 7,858,280 | |||||
| Other undisclosed liabilities | 18,084 | ||||||||
| Total liabilities: | 20,655,000 | 46,272,000 | 5,459,722 | 14,403,600 | 1,082,298 | 693,207 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 1,598,265,000 | 107,287,000 | 73,268,553 | 74,896,731 | 16,201,898 | 14,574,844 | |||
| Preferred stock | 149 | 150 | 154 | ||||||
| Common stock | 22,000 | 13,000 | 7,745 | 5,596 | 2,916 | 2,797 | |||
| Additional paid in capital | 1,816,494,000 | 307,756,000 | 167,944,651 | 151,163,909 | 67,396,618 | 47,744,803 | |||
| Accumulated other comprehensive income (loss) | 905,000 | ||||||||
| Accumulated deficit | (219,156,000) | (200,482,000) | (149,718,453) | (119,987,781) | (81,394,081) | (53,495,235) | |||
| Other additional capital | 957,673 | ||||||||
| Other undisclosed equity, attributable to parent | 55,034,461 | 42,757,184 | 30,196,291 | 20,322,479 | |||||
| Total equity: | 1,598,265,000 | 107,287,000 | 73,268,553 | 74,896,731 | 16,201,898 | 14,574,844 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,618,920,000 | 153,559,000 | 78,728,275 | 89,300,331 | 17,284,196 | 15,268,051 | |||
Income Statement (P&L) (USD)
| 3/31/2026 TTM | 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 682,000 | 373,000 | 358,047 | 135,648 | 27 | |||
| Net investment income | 27 | |||||||
| Cost of revenue | (615,000) | (261,000) | (195,640) | (60,934) | (161,250) | (5,681,612) | ||
| Financing interest expense | (1,341,743) | (946,748) | (161,250) | (5,681,612) | ||||
| Gross profit: | 67,000 | 112,000 | 162,407 | 74,714 | (161,250) | (5,681,585) | ||
| Operating expenses | (51,144,000) | (26,049,000) | (27,383,684) | (36,654,056) | (17,130,093) | (17,343,007) | ||
| Other operating expense, net (Other Expenses) | (2,488,000) | |||||||
| Other undisclosed operating income | 2,488,000 | 161,250 | 5,681,585 | |||||
| Operating loss: | (51,077,000) | (25,937,000) | (27,221,277) | (36,579,342) | (17,130,093) | (17,343,007) | ||
| Nonoperating expense | (2,509,395) | (2,014,358) | (10,768,754) | (7,391,273) | ||||
| Interest and debt expense | (65,000) | (2,496,000) | (602,059) | (225,282) | (226,699) | |||
| Loss from continuing operations before equity method investments, income taxes: | (51,142,000) | (28,433,000) | (30,332,731) | (38,818,982) | (27,898,847) | (24,960,979) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 32,468,000 | (40,109,000) | ||||||
| Loss from continuing operations: | (18,674,000) | (68,542,000) | (30,332,731) | (38,818,982) | (27,898,847) | (24,960,979) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | (27,898,847) | (24,960,979) | |
| Other undisclosed net income | 1 | 226,699 | ||||||
| Net loss: | (18,674,000) | (68,542,000) | (30,332,731) | (38,818,982) | (27,898,846) | (24,734,280) | ||
| Other undisclosed net income (loss) attributable to parent | 602,059 | 225,282 | (1) | (1) | ||||
| Net loss available to common stockholders, diluted: | (18,674,000) | (68,542,000) | (29,730,672) | (38,593,700) | (27,898,847) | (24,734,281) | ||
Comprehensive Income (USD)
| 3/31/2026 TTM | 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (18,674,000) | (68,542,000) | (30,332,731) | (38,818,982) | (27,898,846) | (24,734,280) | ||
| Comprehensive loss: | (18,674,000) | (68,542,000) | (30,332,731) | (38,818,982) | (27,898,846) | (24,734,280) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 905,000 | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (17,769,000) | (68,542,000) | (30,332,731) | (38,818,982) | (27,898,846) | (24,734,280) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.
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