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$6.30-8.2%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 Operations and Comprehensive Income (Loss)
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income
(Unaudited, in thousands, except per share data)
| Three Months Ended | ||
|---|---|---|
| March 31, | ||
| 2026 | 2025 | |
| Total revenue | $3,691 | $39 |
| Cost of revenue | 4,412 | 26 |
| Gross (loss) profit | (721) | 13 |
| Operating expenses | ||
| Research and development | 6,969 | 2,985 |
| Sales and marketing | 1,597 | 672 |
| General and administrative | 11,263 | 4,642 |
| Total operating expenses | 19,829 | 8,299 |
| Loss from operations | (20,550) | (8,286) |
| Non-operating income (expense) | ||
| Interest and other income | 13,495 | 1,696 |
| Interest expense | (171) | (58) |
| Change in fair value of derivative liability | 3,176 | 23,630 |
| (Loss) income before income tax provision | (4,050) | 16,982 |
| Income tax provision | - | - |
| Net (loss) income | (4,050) | 16,982 |
| Other comprehensive (loss) income: | ||
| Unrealized losses on available-for-sale debt securities | (3,822) | - |
| Total comprehensive (loss) income | $(7,872) | $16,982 |
| (Loss) earnings per share: | ||
| Basic | $(0.02) | $0.13 |
| Diluted | $(0.02) | $0.11 |
| Weighted average shares used in computing net (loss) income per common share: | ||
| Basic | 223,986 | 135,217 |
| Diluted | 223,986 | 153,006 |
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