Infleqtion, Inc.
For the period ended Jun 30, 2026. Filed Aug 18, 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 18, 2026
INFQ$9.35-3.2%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)
Condensed Consolidated Statements of Operations and Comprehensive Loss
(Unaudited; in thousands, except share and per share amounts)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | ||||
| Product revenue | $3,173 | $3,561 | $6,769 | $9,853 |
| Service revenue | 10,365 | 1,716 | 16,676 | 3,619 |
| Total revenue | 13,538 | 5,277 | 23,445 | 13,472 |
| Cost of revenue | ||||
| Cost of products | 2,956 | 3,826 | 5,688 | 7,753 |
| Cost of services | 8,415 | 773 | 13,055 | 1,498 |
| Total cost of revenue | 11,371 | 4,599 | 18,743 | 9,251 |
| Gross profit | 2,167 | 678 | 4,702 | 4,221 |
| Research and development | 12,675 | 5,311 | 22,626 | 10,478 |
| Selling, general and administrative | 19,818 | 6,250 | 46,138 | 12,034 |
| Grant income | (468) | (471) | (1,173) | (1,095) |
| Loss from operations | (29,858) | (10,412) | (62,889) | (17,196) |
| Other income (expense): | ||||
| Interest income | 5,021 | 719 | 8,223 | 1,075 |
| Other, net | 142 | 507 | 252 | 1,116 |
| Total other income, net | 5,163 | 1,226 | 8,475 | 2,191 |
| Loss before income taxes | (24,695) | (9,186) | (54,414) | (15,005) |
| Income tax expense (benefit) | — | — | — | — |
| Net loss | $(24,695) | $(9,186) | $(54,414) | $(15,005) |
| Other comprehensive (loss) income: | ||||
| Unrealized loss on available-for-sale securities, net | (195) | — | (1,077) | — |
| Foreign currency translation adjustment | (141) | (22) | (240) | 394 |
| Total other comprehensive loss | (336) | (22) | (1,317) | 394 |
| Comprehensive loss | $(25,031) | $(9,208) | $(55,731) | $(14,611) |
| Net loss per share attributable to common stockholders - basic and diluted | $(0.11) | $(0.59) | $(0.32) | $(0.99) |
| Weighted average shares used in computing net loss per share attributable to common stockholders – basic and diluted | 219,743,810 | 15,586,999 | 169,199,551 | 15,164,809 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.