Quantum Computing Inc
For the period ended Sep 30, 2024. Filed Nov 6, 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.
Sep 30, 2024 · Filed Nov 6, 2024
QUBT$6.30-8.2%Stored close · as of Nov 10, 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)
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $3,064 | $2,059 |
| Accounts receivable, net | 63 | 65 |
| Inventory | 241 | 73 |
| Loans receivable, net | 306 | 279 |
| Prepaid expenses and other current assets | 238 | 180 |
| Total current assets | 3,912 | 2,656 |
| Property and equipment, net | 5,826 | 2,870 |
| Operating lease right-of-use assets | 1,622 | 1,051 |
| Intangible assets, net | 9,748 | 12,076 |
| Goodwill | 55,573 | 55,573 |
| Other non-current assets | 129 | 129 |
| Total assets | $76,810 | $74,355 |
| Liabilities, Mezzanine, and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $923 | $1,462 |
| Accrued expenses | 539 | 639 |
| Financial liabilities, net of issuance costs | - | 1,925 |
| Deferred revenue | 48 | - |
| Other current liabilities | 921 | 786 |
| Total current liabilities | 2,431 | 4,812 |
| Financial liabilities, net of issuance costs | 6,514 | - |
| Derivative liability | 666 | - |
| Operating lease liabilities | 1,297 | 840 |
| Total liabilities | 10,908 | 5,652 |
| Contingencies (see Note 10) | ||
| Mezzanine equity | 5,463 | - |
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value, 1,550 shares Series A Preferred authorized; 993 thousand and 1,490 thousand shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively; 3,080 thousand shares of Series B Preferred Stock authorized; no shares issued and outstanding as of September 30, 2024 and December 31, 2023 | - | - |
| Common stock, $0.0001 par value, 250,000 thousand shares authorized; 94,416 thousand and 77,451 thousand shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 9 | 8 |
| Additional paid-in capital | 209,675 | 200,635 |
| Accumulated deficit | (149,245) | (131,940) |
| Total stockholders’ equity | 60,439 | 68,703 |
| Total liabilities and mezzanine and stockholders’ equity | $76,810 | $74,355 |
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