Quantum Computing Inc. financial data

Symbol
QUBT on Nasdaq
Industry
Services-Prepackaged Software
Location
5 Marine View Plz, Suite 214, Hoboken, NJ
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 127 % +64%
Quick Ratio 5.56 %
Debt-to-equity 9.16 % -45%
Return On Equity -36.5 % +5.49%
Return On Assets -31.3 % -1.76%
Operating Margin -6.11K % +41.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 91.3M shares +21.6%
Common Stock, Shares, Outstanding 94.4M shares +25.7%
Entity Public Float 46.1M USD -23%
Common Stock, Value, Issued 9K USD +19.8%
Weighted Average Number of Shares Outstanding, Basic 93M shares +30%
Weighted Average Number of Shares Outstanding, Diluted 93M shares +30%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 386K USD +35.6%
Cost of Revenue 298K USD +98.3%
Research and Development Expense 8.47M USD -6.42%
Selling and Marketing Expense 1.65M USD -37.8%
General and Administrative Expense 1.24M USD
Operating Income (Loss) -23.6M USD +21.2%
Nonoperating Income (Expense) -2.51M USD -24.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -23.9M USD +17%
Net Income (Loss) Attributable to Parent -23.9M USD +9.91%
Earnings Per Share, Basic -0.29 USD/shares +32.6%
Earnings Per Share, Diluted -0.29 USD/shares +55.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.06M USD -58.5%
Accounts Receivable, after Allowance for Credit Loss, Current 63K USD +2487%
Inventory, Net 241K USD
Other Assets, Current 289K USD +58%
Assets, Current 3.91M USD -51.8%
Property, Plant and Equipment, Net 5.83M USD +96.9%
Operating Lease, Right-of-Use Asset 1.62M USD +45.4%
Intangible Assets, Net (Excluding Goodwill) 9.75M USD -19.4%
Goodwill 55.6M USD -14.4%
Other Assets, Noncurrent 129K USD
Assets 76.8M USD -14%
Accounts Payable, Current 923K USD -18.4%
Accrued Liabilities, Current 539K USD -47.7%
Contract with Customer, Liability, Current 48K USD
Liabilities, Current 2.43M USD -69.9%
Operating Lease, Liability, Noncurrent 1.3M USD
Other Liabilities, Noncurrent 7.76K USD
Liabilities 10.9M USD +34.9%
Retained Earnings (Accumulated Deficit) -149M USD -5.54%
Stockholders' Equity Attributable to Parent 60.4M USD -16.2%
Liabilities and Equity 76.8M USD -14%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.85M USD +10.5%
Net Cash Provided by (Used in) Financing Activities 9.47M USD +54.4%
Net Cash Provided by (Used in) Investing Activities -1.58M USD -317%
Common Stock, Shares Authorized 250M shares 0%
Common Stock, Shares, Issued 94.4M shares +25.7%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.46M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.06M USD -58.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 31K USD -87.6%
Deferred Tax Assets, Valuation Allowance 14.5M USD +49.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Operating Lease, Liability 1.68M USD
Depreciation 75K USD -1.32%
Payments to Acquire Property, Plant, and Equipment 1.58M USD +317%
Lessee, Operating Lease, Liability, to be Paid 1.84M USD +75.8%
Property, Plant and Equipment, Gross 6.31M USD +96.6%
Operating Lease, Liability, Current 385K USD -66.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 591K USD +71.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 437K USD +827%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 161K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 515K USD +51%
Deferred Tax Assets, Operating Loss Carryforwards 15.6M USD +18.8%
Preferred Stock, Shares Issued 1.55M shares
Preferred Stock, Shares Authorized 1.55M shares
Lessee, Operating Lease, Liability, to be Paid, Year Four 212K USD -39.4%
Operating Lease, Payments 375K USD +27.2%
Additional Paid in Capital 210M USD +23%
Preferred Stock, Shares Outstanding 1.55M shares
Amortization of Intangible Assets 780K USD 0%
Share-based Payment Arrangement, Expense 9.26M USD -39.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares