Quantum Computing Inc
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
View on SEC.govAbout this filing
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.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Mezzanine and Stockholders’ Equity
| Mezzanine · Series A Preferred Stock · Common Stock · Additional Paid-in · Accumulated · Total Stockholders’ | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Equity · Shares · Amount · Shares · Amount · Capital · Deficit · Equity | |||||||||
| Balances, July 1, 2024 | $6,829 | 1,241 | $ | - | 94,416 | $9 | $209,086 | $(143,570) | $65,525 |
| Issuance of shares for cash | - | - | - | - | - | - | - | - | |
| Repurchase of redeemable shares | (1,366) | (248) | - | - | - | - | - | - | |
| Stock-based compensation | - | - | - | - | - | 587 | - | 587 | |
| Stock-based compensation for services | - | - | - | - | - | 2 | - | 2 | |
| Net loss | - | - | - | - | - | - | (5,675) | (5,675) | |
| Balances, September 30, 2024 | $5,463 | 993 | $ | - | 94,416 | $9 | $209,675 | $(149,245) | $60,439 |
| Mezzanine · Series A Preferred Stock · Common Stock · Additional Paid-in · Accumulated · Total Stockholders’ | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Equity · Shares · Amount · Shares · Amount · Capital · Deficit · Equity | ||||||||||
| Balances, January 1, 2024 | $ | - | 1,490 | $ | - | 77,451 | $8 | $200,635 | $(131,940) | $68,703 |
| Issuance of shares for cash | - | - | - | 16,605 | 1 | 14,628 | - | 14,629 | ||
| Reclassification of Series A preferred stock to mezzanine equity | 8,195 | - | - | - | - | (8,195) | - | (8,195) | ||
| Repurchase of redeemable shares | (2,732) | (497) | - | - | - | - | - | - | ||
| Stock-based compensation | - | - | - | 218 | - | 2,473 | - | 2,473 | ||
| Stock-based compensation for services | - | - | - | 142 | - | 134 | - | 134 | ||
| Net loss | - | - | - | - | - | - | (17,305) | (17,305) | ||
| Balances, September 30, 2024 | $5,463 | 993 | $ | - | 94,416 | $9 | $209,675 | $(149,245) | $60,439 | |
Condensed Consolidated Statements of Mezzanine and Stockholders’ Equity
| Series A Preferred Stock · Common Stock · Additional Paid-in · Accumulated · Total Stockholders’ | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Capital · Deficit · Equity | ||||||||
| Balances, July 1, 2023 (Restated) (1) | 1,490 | $ | - | 67,215 | $7 | $187,751 | $(118,042) | $69,716 |
| Issuance of shares for cash | - | - | 6,380 | 1 | 8,536 | - | 8,537 | |
| Conversion of preferred stock | - | - | - | - | - | - | - | |
| Preferred stock dividends | - | - | - | - | - | (215) | (215) | |
| Stock-based compensation | - | - | 1,500 | - | 984 | - | 984 | |
| Stock-based compensation for services | - | - | - | - | (22) | - | (22) | |
| Net loss | - | - | - | - | - | (6,841) | (6,841) | |
| Balances, September 30, 2023 (Restated) (1) | 1,490 | $ | - | 75,095 | $8 | $197,249 | $(125,098) | $72,159 |
| Series A Preferred Stock · Common Stock · Additional Paid-in · Accumulated · Total Stockholders’ | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Capital · Deficit · Equity | ||||||||
| Balances, January 1, 2023 (Restated) (1) | 1,500 | $ | - | 55,963 | $6 | $169,175 | $(104,057) | $65,124 |
| Issuance of shares for cash | - | - | 15,291 | 2 | 22,762 | - | 22,764 | |
| Conversion of preferred stock | (10) | - | 11 | - | 1 | - | 1 | |
| Preferred stock dividends | - | - | - | - | - | (646) | (646) | |
| Stock-based compensation | - | - | 2,330 | - | 2,904 | - | 2,904 | |
| Stock-based compensation for services | - | - | 1,500 | - | 2,407 | - | 2,407 | |
| Net loss | - | - | - | - | - | (20,395) | (20,395) | |
| Balances, September 30, 2023 (Restated) (1) | 1,490 | $ | - | 75,095 | $8 | $197,249 | $(125,098) | $72,159 |
| (1) | As described in Note 15 to these unaudited condensed consolidated financial statements, we have restated the condensed consolidated statements of stockholders’ equity for the three and nine months ended September 30, 2023. |
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