Quantum Computing Inc.
For the period ended Dec 31, 2025. Filed Mar 2, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 2, 2026
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
Item 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
| Exhibit · Reference · Filed or Furnished | ||||
|---|---|---|---|---|
| Number · Exhibit Description · Form · Exhibit · Filing Date · Herewith | ||||
| 2.1 | Agreement and Plan of Merger by and among Quantum Computing Inc., Project Alpha Merger Sub I, Inc., Project Alpha Merger Sub II, LLC, QPhoton, Inc., and Yuping Huang, dated as of May 18, 2022 | 8-K | 10.1 | 05/23/2022 |
| 3.1(i) | Amended and Restated Certificate of Incorporation | 10-K/A | 3.1(i) | 07/10/2023 |
| 3.1(ii) | Certificate of Designations of the Series A Convertible Preferred Stock | 8-K | 3.1 | 11/17/2021 |
| 3.1(iii) | Certificate of Amendment of Certificate of Designations of Series A Convertible Preferred Stock of Quantum Computing Inc., filed with the Delaware Secretary of State on December 16, 2021 | 8-K | 3.1 | 12/17/2021 |
| 3.1(iv) | Certificate of Designation with respect to the Series B Preferred Stock, par value $0.0001 per share, dated June 14, 2022 | 8-K | 3.1 | 06/21/2022 |
| 3.2 | Amended and Restated By-laws | 10-K/A | 3.2 | 07/10/2023 |
| 4.1 | Common Stock Specimen | 10-12(g) | 4.1 | 01/09/2019 |
| 4.2 | Description of Securities | 10-K | 4.4 | 04/01/2024 |
| 4.3 | Form of Placement Agent Warrant | 8-K | 4.1 | 12/12/2024 |
| 4.4 | Form of Placement Agent Warrant | 8-K | 4.1 | 01/08/2025 |
| 4.5 | Form of Placement Agent Warrant | 10-K | 4.5 | 03/20/2025 |
| 4.6 | Unsecured Promissory Note issued by QPhoton, Inc. to Quantum Computing, Inc., in the amount of $1,250,000, dated February 18, 2022 | 8-K | 10.2 | 02/23/2022 |
| 10.1* | 2019 Quantum Computing Inc. Equity and Incentive Plan | S-1 | 10.8 | 11/22/2019 |
| 10.2* | Form Director Agreement | 8-K | 10.1 | 02/23/2021 |
| 10.3 | Note Purchase Agreement, dated as of February 18, 2022, between Quantum Computing Inc. and QPhoton, Inc. | 8-K | 10.1 | 02/23/2022 | |
| 10.4 | Escrow Agreement, dated as of June 16, 2022, by and among Quantum Computing Inc., Yuping Huang and Worldwide Stock Transfer, LLC | 8-K | 10.2 | 06/21/2022 | |
| 10.5 | Stockholders Agreement by and among Quantum Computing, Inc. and each of the Stockholders set forth on Exhibit A thereto, dated as of June 16, 2022 | 8-K | 10.3 | 06/21/2022 | |
| 10.6 | Form Registration Rights Agreement | 8-K | 10.4 | 06/21/2022 | |
| 10.7* | Quantum Computing Inc. 2022 Equity and Incentive Plan | 10-K/A | 10.42 | 07/10/2023 | |
| 10.8 | Series A Preferred Redemption and Waiver Agreement, dated as of March 19, 2024 | 8-K | 10.1 | 03/25/2024 | |
| 10.9 | Secured Promissory Note issued to Streeterville Capital, LLC, dated August 6, 2024 | 8-K | 4.1 | 08/12/2024 | |
| 10.10 | Guaranty by QPhoton, LLC, Qubittech International, Inc., Qubittech, Inc., and QI Solutions, Inc., dated August 6, 2024 | 8-K | 10.4 | 08/12/2024 | |
| 10.11 | Separation Agreement and General Release dated April 15, 2025, by and between Quantum Computing, Inc. and Dr. William McGann | 8-K | 10.1 | 04/16/2025 | |
| 10.12* | Employment Agreement between Christopher Roberts and Quantum Computing, Inc., dated as of June 20, 2025 | 8-K | 10.1 | 06/20/2025 | |
| 10.13* | Quantum Computing, Inc. Non-Employee Director Compensation Policy | X | |||
| 10.14 | Stock Purchase Agreement, dated as of December 15, 2025, by and among the Company, Luminar Technologies, Inc. and Luminar Semiconductor, Inc. | 8-K | 2.1 | 12/15/2025 | |
| 10.15* | Employment Agreement, dated as of December 16, 2025, by and between Quantum Computing Inc. and Yuping Huang | 8-K | 10.1 | 12/17/2025 | |
| 14.1 | Quantum Computing Inc. Code of Ethics | 8-K | 14.1 | 09/25/2024 | |
| 19.1 | Quantum Computing Inc. Insider Trading Policy | 10-K | 19.1 | 03/20/2025 | |
| 21.1 | List of Subsidiaries | X | |||
| 23.1 | Consent of BPM LLP, Independent Registered Public Accounting Firm | X | |||
| 31.1 | Principal Executive Officer Certification pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | X | |||
| 31.2 | Principal Financial Officer Certification pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | X | |||
| 32.1 | Principal Executive Officer Certification pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | X | |||
| 32.2 | Principal Financial Officer Certification pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley | X | |||
| 97.1 | Policy relating to recovery of erroneously awarded compensation. | 10-K | 97.1 | 04/01/2024 | |
| 101.INS | Inline XBRL Instance Document | X | |||
| 101.SCH | Inline XBRL Taxonomy Extension Schema Linkbase Document | X | |||
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document | X | |||
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document | X | |||
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document | X | |||
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document | X | |||
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) | X | |||
| * | Indicates a management contract or compensatory plan or arrangement. |
|---|
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: March 2, 2026 | Quantum Computing Inc. | |
|---|---|---|
| By: | /s/ Dr. Yuping Huang | |
| Dr. Yuping Huang | ||
| Chief Executive Officer | ||
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacity and on the dates indicated.
| Name | Capacity | Date |
|---|---|---|
| /s/ Yuping Huang | Chairman of the Board of Directors and Chief Executive Officer | March 2, 2026 |
| Yuping Huang | (Principal Executive Officer) | |
| /s/ Christopher Roberts | Chief Financial Officer, Treasurer | March 2, 2026 |
| Christopher Roberts | (Principal Financial Officer and Principal Accounting Officer) | |
| /s/ Michael Turmelle | Director | March 2, 2026 |
| Michael Turmelle | ||
| /s/ Robert Fagenson | Vice Chairman of the Board of Directors | March 2, 2026 |
| Robert Fagenson | ||
| /s/ Dr. Carl Weimer | Director | March 2, 2026 |
| Dr. Carl Weimer | ||
| /s/ Dr. Javad Shabani | Director | March 2, 2026 |
| Dr. Javad Shabani | ||
| /s/ Eric Schwartz | Director | March 2, 2026 |
| Eric Schwartz | ||
Index to the Consolidated Financial Statements
| Description | Page |
|---|---|
| Reports of Independent Registered Public Accounting Firm (PCAOB ID 207) | F-2 |
| Consolidated Balance Sheets as of December 31, 2025 and December 31, 2024 | F-5 |
| Consolidated Statements of Operations and Comprehensive Loss for the Years Ended December 31, 2025, 2024 and 2023 | F-6 |
| Consolidated Statements of Mezzanine and Stockholders’ Equity for the Years Ended December 31, 2025, 2024 and 2023 | F-7 |
| Consolidated Statements of Cash Flows for the Years Ended December 31, 2025, 2024 and 2023 | F-8 |
| Notes to the Consolidated Financial Statements | F-9 |
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