Quantum Computing Inc.
For the period ended Sep 30, 2026. Filed Nov 9, 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.
Sep 30, 2026 · Filed Nov 9, 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
(Unaudited, in thousands, except per share data)
| Three Months EndedSeptember 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | $9,500 | $384 | $18,742 | $484 |
| Cost of revenue | 9,072 | 258 | 20,201 | 319 |
| Gross profit (loss) | 428 | 126 | (1,459) | 165 |
| Operating expenses | ||||
| Research and development | 8,336 | 4,509 | 23,733 | 13,469 |
| Sales and marketing | 5,263 | 787 | 8,792 | 2,139 |
| General and administrative | 15,414 | 5,234 | 38,164 | 13,418 |
| Total operating expenses | 29,013 | 10,530 | 70,689 | 29,026 |
| Loss from operations | (28,585) | (10,404) | (72,148) | (28,861) |
| Non-operating income (expense) | ||||
| Interest and other income | 13,047 | 3,544 | 39,496 | 7,083 |
| Interest expense | (65) | (4) | (248) | (120) |
| Change in fair value of derivative liability | 458 | 9,246 | 1,952 | 4,780 |
| Income (loss) before income tax provision | (15,145) | 2,382 | (30,948) | (17,118) |
| Income tax provision | - | - | - | - |
| Net income (loss) attributable to common stockholders | (15,145) | 2,382 | (30,948) | (17,118) |
| Other comprehensive loss | (4,807) | (26) | (9,574) | (26) |
| Total comprehensive income (loss) | $(19,952) | $2,356 | $(40,522) | $(17,144) |
| Income (loss) per share: | ||||
| Basic and Diluted | $(0.07) | $0.01 | $(0.14) | $(0.12) |
| Weighted average shares used in computing net income (loss) per common share: | ||||
| Basic | 225,443 | 160,399 | 224,722 | 145,752 |
| Diluted | 225,443 | 166,833 | 224,722 | 145,752 |
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