Quantum Computing Inc.
For the period ended Mar 31, 2025. Filed May 15, 2025.
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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.
Mar 31, 2025 · Filed May 15, 2025
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 Statements of Mezzanine and Stockholders’ Equity
(Unaudited, in thousands)
| Common Stock · Additional Paid-in · Accumulated · Total Stockholders’ | |||||
|---|---|---|---|---|---|
| Shares | Amount | Capital | Deficit | Equity | |
| Balances, January 1, 2025 | 129,012 | $13 | $307,756 | $(200,482) | $107,287 |
| Issuance of shares for cash | 8,163 | 1 | 93,635 | - | 93,636 |
| Issuance of shares related to exercise of warrants | 6 | - | 12 | - | 12 |
| Stock-based compensation | - | - | 2,892 | - | 2,892 |
| Stock-based compensation for services | - | - | 18 | - | 18 |
| Issuance of shares related to stock option exercises | 141 | - | - | - | - |
| Net income | - | - | - | 16,982 | 16,982 |
| Balances, March 31, 2025 | 137,322 | $14 | $404,313 | $(183,500) | $220,827 |
| Series A · Additional · Total | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Mezzanine · Preferred Stock · Common Stock · Paid-in · Accumulated · 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 | - | - | - | 13,603 | 1 | 12,201 | - | 12,202 | ||
| Reclassification of Series A preferred stock to mezzanine equity | 8,195 | - | - | - | - | (8,195) | (8,195) | |||
| Repurchase of redeemable shares | (455) | (83) | - | - | - | - | - | - | ||
| Stock-based compensation | - | - | - | 218 | - | 1,212 | - | 1,212 | ||
| Stock-based compensation for services | - | - | - | 73 | - | 114 | - | 114 | ||
| Net loss | - | - | - | - | - | - | (6,436) | (6,436) | ||
| Balances, March 31, 2024 | $7,740 | 1,407 | $ | - | 91,345 | $9 | $205,967 | $(138,376) | $67,600 | |
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