Quantum Computing Inc. (QUBT) financial statements (2020 and earlier)
Company profile
| Business Address |
215 DEPOT COURT SE, #215 LEESBURG, VA 20175 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 101 | 1,767 | ||
| Cash and cash equivalents | 101 | 1,767 | ||
| Prepaid expense | 22 | 23 | ||
| Total current assets: | 123 | 1,790 | ||
| Noncurrent Assets | ||||
| Property, plant and equipment | 26 | 7 | ||
| Total noncurrent assets: | 26 | 7 | ||
| TOTAL ASSETS: | 148 | 1,797 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 371 | 144 | ||
| Accounts payable | 218 | 54 | ||
| Accrued liabilities | 153 | 90 | ||
| Debt | 1,509 | 3,071 | ||
| Due to related parties | 100 | 100 | ||
| Total current liabilities: | 1,980 | 3,314 | ||
| Noncurrent Liabilities | ||||
| Other undisclosed liabilities | 981 | |||
| Total liabilities: | 2,961 | 3,314 | ||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent, including: | (2,812) | (1,517) | ||
| Common stock | 1 | 0 | ||
| Common stock, share subscribed but unissued, subscriptions receivable | (100) | |||
| Additional paid in capital | 17,002 | 10,935 | ||
| Accumulated deficit | (28,761) | (20,380) | ||
| Stockholders' equity note, subscriptions receivable | (100) | |||
| Other undisclosed stockholders' equity attributable to parent | 9,046 | 8,027 | ||
| Total stockholders' equity: | (2,812) | (1,517) | ||
| TOTAL LIABILITIES AND EQUITY: | 148 | 1,797 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|
| Gross profit: | 9 | ||
| Operating expenses | (2,548) | (5,799) | |
| Other undisclosed operating loss | (9) | ||
| Operating loss: | (2,548) | (5,799) | |
| Nonoperating expense | (5,833) | (4,708) | |
| Interest and debt expense | (4,888) | (87) | |
| Loss before gain (loss) on sale of properties: | (13,269) | (10,594) | |
| Other undisclosed net income | 4,888 | 87 | |
| Net loss available to common stockholders, diluted: | (8,381) | (10,507) | |
Comprehensive Income ($ in thousands)
| 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|
| Net loss: | (8,381) | (10,507) | |
| Comprehensive loss, net of tax, attributable to parent: | (8,381) | (10,507) | |
Statements sources
The financial statements are based on the company's filings with the 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.