Quantum Computing Inc.
For the period ended Jun 30, 2025. Filed Aug 14, 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.
Jun 30, 2025 · Filed Aug 14, 2025
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, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $348,758 | $78,945 |
| Accounts receivable, net | 96 | 27 |
| Inventory | 366 | 18 |
| Prepaid expenses and other current assets | 1,005 | 161 |
| Total current assets | 350,225 | 79,151 |
| Property and equipment, net | 10,569 | 8,212 |
| Operating lease right-of-use assets | 2,076 | 1,522 |
| Intangible assets, net | 7,510 | 8,972 |
| Goodwill | 55,573 | 55,573 |
| Other non-current assets | 131 | 129 |
| Total assets | $426,084 | $153,559 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $1,372 | $1,372 |
| Accrued expenses | 1,251 | 2,134 |
| Deferred revenue | 181 | 79 |
| Other current liabilities | 1,168 | 974 |
| Total current liabilities | 3,972 | 4,559 |
| Derivative liability | 24,594 | 40,532 |
| Operating lease liabilities | 1,536 | 1,181 |
| Total liabilities | 30,102 | 46,272 |
| Commitments and Contingencies (see Note 8) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value, 1,550 shares Series A Preferred authorized; no shares issued and outstanding as June 30, 2025 and December 31, 2024, respectively; 3,080 shares of Series B Preferred Stock authorized; no shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively | - | - |
| Common stock, $0.0001 par value, 250,000 shares authorized; 157,911 and 129,012 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively | 16 | 13 |
| Additional paid-in capital | 615,948 | 307,756 |
| Accumulated deficit | (219,982) | (200,482) |
| Total shareholders’ equity | 395,982 | 107,287 |
| Total liabilities and shareholders’ equity | $426,084 | $153,559 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.