Quantum Computing Inc.
For the period ended Mar 31, 2026. Filed May 11, 2026.
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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, 2026 · Filed May 11, 2026
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)
| March 31, 2026 | December 31, 2025 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $257,711 | $737,880 |
| Accounts receivable, net | 4,281 | 519 |
| Inventory | 4,112 | 352 |
| Short term investments | 728,401 | 379,421 |
| Accrued interest receivable | 5,346 | 3,634 |
| Prepaid expenses and other current assets | 5,225 | 11,914 |
| Total current assets | 1,005,076 | 1,133,720 |
| Property and equipment, net | 16,942 | 12,971 |
| Operating lease right-of-use assets | 5,206 | 2,353 |
| Intangible assets, net | 19,191 | 6,500 |
| Goodwill | 146,511 | 55,573 |
| Long-term investments | 422,818 | 403,121 |
| Accrued interest receivable - long term | 4,517 | 4,551 |
| Other non-current assets | 273 | 131 |
| Total assets | $1,620,534 | $1,618,920 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $2,707 | $778 |
| Accrued expenses | 8,342 | 9,135 |
| Deferred revenue | 1,882 | 395 |
| Other current liabilities | 2,144 | 766 |
| Total current liabilities | 15,075 | 11,074 |
| Derivative liability | 4,597 | 7,773 |
| Operating lease liabilities | 3,678 | 1,808 |
| Total liabilities | 23,350 | 20,655 |
| Commitments and Contingencies (see Note 10) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value, 1,550 shares Series A Preferred authorized; no shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively; 3,080 shares of Series B Preferred Stock authorized; no shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | - | - |
| Common stock, $0.0001 par value, 250,000 shares authorized; 225,494 and 224,165 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | 23 | 22 |
| Additional paid-in capital | 1,823,284 | 1,816,494 |
| Accumulated deficit | (223,206) | (219,156) |
| Accumulated other comprehensive (loss) income | (2,917) | 905 |
| Total shareholders’ equity | 1,597,184 | 1,598,265 |
| Total liabilities and shareholders’ equity | $1,620,534 | $1,618,920 |
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