Quantum Computing Inc.

For the period ended Jun 30, 2025. Filed Aug 14, 2025.

About 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.

Jun 30, 2025 · Filed Aug 14, 2025

QUBT$6.30-8.2%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(Unaudited, in thousands, except per share data)

Three Months Ended · Six Months Ended
	June 30,		June 30,
	2025	2024	2025	2024
Total revenue	$61	$183	$100	$210
Cost of revenue	35	125	61	141
Gross profit	26	58	39	69
Operating expenses
Research and development	5,975	2,094	8,960	4,315
Sales and marketing	680	429	1,352	880
General and administrative	3,542	2,802	8,184	6,459
Total operating expenses	10,197	5,325	18,496	11,654
Loss from operations	(10,171)	(5,267)	(18,457)	(11,585)
Non-operating income (expense)
Interest and other income	1,843	73	3,539	110
Interest expense	(58)	-	(116)	(155)
Change in fair value of derivative liability	(28,096)	-	(4,466)	-
Loss before income tax provision	(36,482)	(5,194)	(19,500)	(11,630)
Income tax provision	-	-	-	-
Net loss attributable to common stockholders	$(36,482)	$(5,194)	$(19,500)	$(11,630)
Loss per share:
Basic	$(0.26)	$(0.06)	$(0.14)	$(0.13)
Diluted	$(0.26)	$(0.06)	$(0.14)	$(0.13)
Weighted average shares used in computing net loss per common share:
Basic	141,401	93,550	138,326	87,185
Diluted	141,401	93,550	138,326	87,185

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.