Quantum Computing Inc. (QUBT) financial statements (2021 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 millions)

12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1502
Cash and cash equivalents1502
Prepaid expense000
Total current assets:1502
Noncurrent Assets
Property, plant and equipment000
Total noncurrent assets:000
TOTAL ASSETS:1502
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities000
Accounts payable000
Accrued liabilities000
Debt023
Due to related parties 00
Total current liabilities:123
Noncurrent Liabilities
Other undisclosed liabilities 1 
Total liabilities:133
Stockholders' equity
Stockholders' equity attributable to parent, including:15(3)(2)
Common stock000
Common stock, share subscribed but unissued, subscriptions receivable (0) 
Additional paid in capital481711
Accumulated deficit(53)(29)(20)
Stockholders' equity note, subscriptions receivable  (0)
Other undisclosed stockholders' equity attributable to parent2098
Total stockholders' equity:15(3)(2)
TOTAL LIABILITIES AND EQUITY:1502

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Revenues
(Net Investment Income)
00 
Cost of revenue
(Financing Interest Expense)
(6)  
Gross profit:(6)0 
Operating expenses(17)(3)(6)
Other undisclosed operating income (loss)6(0) 
Operating loss:(17)(3)(6)
Nonoperating expense(7)(6)(5)
Interest and debt expense(0)(5)(0)
Loss before gain (loss) on sale of properties:(25)(13)(11)
Other undisclosed net income050
Net loss:(25)(8)(11)
Other undisclosed net loss attributable to parent(0)  
Net loss available to common stockholders, diluted:(25)(8)(11)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Net loss:(25)(8)(11)
Comprehensive loss, net of tax, attributable to parent:(25)(8)(11)

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.

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