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Q/C Technologies Inc

ir.qctechnologies.com

What Do They Do?

Develops laser-based computing systems for cryptocurrency infrastructure, artificial intelligence workloads, and high-performance computing, alongside therapeutic drug candidates for autoimmune diseases and other conditions.

How Do They Make Money?

FY2018 revenue

Who Are Their Customers?

The company is developing computing systems for cryptocurrency infrastructure, artificial intelligence and high-performance computing users. It also develops therapeutic candidates for conditions including autoimmune diseases, epilepsy, pain and anxiety or depression.

Do Revenues Turn Into Profits?

No. It lost $10.8M in FY2018.

Operating income, FY2018
−604% of revenue
▲ +52% (Loss) vs FY2017 (−$6.6M, −197%)
Net income, FY2018
−651% of revenue
▲ +47% (Loss) vs FY2017 (−$7.4M, −220%)
Free cash flow, FY2018
−515% of revenue
▲ +67% (Loss) vs FY2017 (−$5.1M, −153%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Net income
▲ +268% (Loss)
vs −$1.8M in Q2 FY2025
  • Jul 2, 2026 Ended its LightSolver license and shifted focus to optical AI computing The company ended its license for laser processing units configured for cryptocurrency mining and said it would focus on its optical processing initiative for AI inference.

Shrinking. Revenue fell 62% in 4 years, from $4.4M in FY2014 to $1.7M in FY2018, about 22% a year.

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