Quantum Computing Inc.
For the period ended Jun 30, 2026. Filed Aug 10, 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.
Jun 30, 2026 · Filed Aug 10, 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 Loss
(Unaudited, in thousands, except per share data)
| Three Months EndedJune 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | $5,551 | $61 | $9,242 | $100 |
| Cost of revenue | 6,717 | 35 | 11,129 | 61 |
| Gross (loss) profit | (1,166) | 26 | (1,887) | 39 |
| Operating expenses | ||||
| Research and development | 8,428 | 5,975 | 15,397 | 8,960 |
| Sales and marketing | 1,932 | 680 | 3,529 | 1,352 |
| General and administrative | 11,487 | 3,542 | 22,750 | 8,184 |
| Total operating expenses | 21,847 | 10,197 | 41,676 | 18,496 |
| Loss from operations | (23,013) | (10,171) | (43,563) | (18,457) |
| Non-operating income (expense) | ||||
| Interest and other income | 12,954 | 1,843 | 26,449 | 3,539 |
| Interest expense | (12) | (58) | (183) | (116) |
| Change in fair value of derivative liability | (1,682) | (28,096) | 1,494 | (4,466) |
| Loss before income tax provision | (11,753) | (36,482) | (15,803) | (19,500) |
| Income tax provision | - | - | - | - |
| Net loss attributable to common stockholders | (11,753) | (36,482) | (15,803) | (19,500) |
| Other comprehensive loss: | (945) | - | (4,767) | - |
| Total comprehensive loss | $(12,698) | $(36,482) | $(20,570) | $(19,500) |
| Loss per share: | ||||
| Basic and Diluted | $(0.05) | $(0.26) | $(0.07) | $(0.14) |
| Weighted average shares used in computing net loss per common share: | ||||
| Basic and Diluted | 224,727 | 141,401 | 224,355 | 138,326 |
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