Quantum Computing Inc
For the period ended Jun 30, 2024. Filed Oct 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Oct 2, 2024
QUBT$6.86+8.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(Unaudited, in thousands, except par value data)
| June 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $2,526 | $2,059 |
| Accounts receivable | 56 | 65 |
| Inventory | 266 | 73 |
| Loans receivable, net of provision for credit losses of $295 and $279 | 295 | 279 |
| Prepaid expenses and other current assets | 272 | 180 |
| Total current assets | 3,415 | 2,656 |
| Property and equipment, net | 5,387 | 2,870 |
| Operating lease right-of-use assets | 923 | 1,051 |
| Intangible assets, net | 10,524 | 12,076 |
| Goodwill | 55,573 | 55,573 |
| Other non-current assets | 133 | 129 |
| Total assets | $75,955 | $74,355 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable | $1,672 | $1,462 |
| Accrued expenses | 327 | 639 |
| Financial liabilities, net of issuance costs | - | 1,925 |
| Deferred revenue | 104 | - |
| Other current liabilities | 790 | 786 |
| Total current liabilities | 2,893 | 4,812 |
| Operating lease liabilities | 708 | 840 |
| Total liabilities | 3,601 | 5,652 |
| Contingencies (see Note 10) | ||
| Mezzanine equity | 6,829 | - |
| Stockholders’ equity | ||
| Preferred stock, $0.0001 par value, 1,550 shares Series A Preferred authorized; 1,241 and 1,490 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively; 3,080 shares of Series B Preferred Stock authorized; no shares issued and outstanding as of June 30, 2024 and December 31, 2023 | - | - |
| Common stock, $0.0001 par value, 250,000 shares authorized; 94,416 and 77,451 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively | 9 | 8 |
| Additional paid-in capital | 209,086 | 200,635 |
| Accumulated deficit | (143,570) | (131,940) |
| Total stockholders’ equity | 65,525 | 68,703 |
| Total liabilities and mezzanine and stockholders’ equity | $75,955 | $74,355 |
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