Financial Snapshot

Revenue
$311.3K
TTM
Gross Margin
27.45%
TTM
Net Earnings
-$17.78M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
1736.15%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$107.3M
Q4 2024
Cash
Q4 2024
P/E
-46.62
Nov 29, 2024 EST
Free Cash Flow
-$16.20M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue $373.0K $358.1K $135.6K $0.00 $0.00 $0.00 $0.00
YoY Change 4.18% 163.96%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue $373.0K $358.1K $135.6K $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $261.0K $195.6K $60.93K $0.00 $0.00 $0.00
Gross Profit $112.0K $162.4K $74.71K $0.00 $0.00 $0.00
Gross Profit Margin 30.03% 45.36% 55.08%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $14.73M $20.94M $8.726M $14.54M $15.80M $1.657M $5.548M $175.0K
YoY Change -29.64% 139.93% -40.0% -7.97% 854.01% -70.14% 3070.46%
% of Gross Profit 13152.68% 12890.82% 11679.06%
Research & Development $11.32M $6.448M $4.562M $2.586M $1.540M $891.1K $250.6K $0.00
YoY Change 75.54% 41.34% 76.42% 67.96% 72.76% 255.54%
% of Gross Profit 10105.36% 3970.01% 6105.67%
Depreciation & Amortization $694.0K $1.958M $3.301M $9.000K $6.610K $2.640K $120.00 $0.00
YoY Change -64.55% -40.69% 36574.22% 36.16% 150.38% 2100.0%
% of Gross Profit 619.64% 1205.45% 4417.75%
Operating Expenses $26.05M $27.38M $36.65M $17.13M $17.34M $2.548M $5.799M $175.0K
YoY Change -4.87% -25.29% 113.97% -1.23% 580.75% -56.07% 3213.69%
Operating Profit -$25.94M -$27.22M -$36.58M -$17.13M -$17.34M -$5.799M -$175.0K
YoY Change -4.72% -25.58% 113.54% -1.23% 3213.69%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Interest Expense -$1.648M -$1.125M -$153.9K -$4.928M -$1.123M -$87.31K
YoY Change 46.5% 631.23% -96.88% 338.74% 1186.35%
% of Operating Profit
Other Income/Expense, Net -$861.1K -$2.014M -$10.61M -$2.889M -$4.710M -$3.996M $0.00
YoY Change -57.25% -81.02% 267.46% -38.67% 17.89%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$68.54M -$29.73M -$38.59M -$27.90M -$24.73M -$8.381M -$10.51M -$175.0K
YoY Change 130.54% -22.96% 38.33% 12.79% 195.12% -20.23% 5904.05%
Income Tax $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$68.54M -$29.73M -$38.59M -$27.90M -$24.73M -$8.381M -$10.51M -$175.0K
YoY Change 130.54% -22.96% 38.33% 12.79% 195.12% -20.23% 5904.05%
Net Earnings / Revenue -18375.87% -8303.5% -28451.36%
Basic Earnings Per Share -$0.73 -$0.38 -$0.69 -$0.96
Diluted Earnings Per Share -$0.73 -$0.38 -$0.69 -$956.9K -$884.4K -$1.138M -$2.224M -$29.57K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $2.059M $5.308M $16.74M $15.20M $101.1K $1.767M $0.00
YoY Change -61.21% -68.29% 10.15% 14930.98% -94.28%
Cash & Equivalents $2.059M $5.308M $16.74M $15.20M $101.1K $1.767M $0.00
Short-Term Investments
Other Short-Term Assets $427.6K $1.654M $504.2K $40.77K $21.55K $23.18K $0.00
YoY Change -74.16% 228.13% 1136.67% 89.19% -7.03%
Inventory $72.65K
Prepaid Expenses
Receivables $622.2K $12.77K
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.182M $6.976M $17.24M $15.24M $122.7K $1.790M $0.00
YoY Change -54.39% -59.54% 13.16% 12323.24% -93.15%
Property, Plant & Equipment $3.670M $975.2K $41.35K $30.96K $25.60K $6.900K $0.00
YoY Change 276.3% 2258.33% 33.56% 20.94% 271.01%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $129.1K
YoY Change
Total Long-Term Assets $75.55M $82.32M $41.35K $30.95K $25.60K $6.900K $0.00
YoY Change -8.23% 198992.31% 33.6% 20.9% 271.01%
Total Assets $78.73M $89.30M $17.28M $15.27M $148.3K $1.797M $0.00
YoY Change
Accounts Payable $1.462M $871.9K $464.9K $366.7K $218.3K $54.02K $1.500K
YoY Change 67.63% 87.56% 26.77% 68.02% 304.04% 3501.33%
Accrued Expenses $195.9K $4.918M $496.6K $108.1K $152.6K $89.58K $0.00
YoY Change -96.02% 890.34% 359.25% -29.12% 70.29%
Deferred Revenue
YoY Change
Short-Term Debt $2.496M $535.7K $0.00 $218.4K $1.609M $3.171M $0.00
YoY Change 366.04% -100.0% -86.43% -49.25%
Long-Term Debt Due $1.925M
YoY Change
Total Short-Term Liabilities $4.620M $6.545M $1.082M $693.2K $2.961M $3.314M $1.500K
YoY Change -29.42% 504.76% 56.13% -76.59% -10.67% 220840.0%
Long-Term Debt $0.00 $7.633M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $840.1K $225.3K $0.00
YoY Change 272.91%
Total Long-Term Liabilities $840.1K $7.858M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -89.31%
Total Liabilities $5.460M $14.40M $1.082M $693.2K $2.961M $3.314M $1.500K
YoY Change -62.09% 1230.83% 56.13% -76.59% -10.67% 220840.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 93.88M shares 77.45M shares 55.96M shares 29.16M shares
Diluted Shares Outstanding 93.88M shares 95.90M shares 55.96M shares 29.16M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

Stock Price

Market Cap: $828.7 Million

About Quantum Computing Inc.

Quantum Computing, Inc. engages in developing novel algorithms and solutions utilizing quantum and quantum-inspired computing to solve difficult problems in various industries. The company is headquartered in Hoboken, New Jersey and currently employs 39 full-time employees. The company went IPO on 2018-02-01. The firm provides accessible solutions with real-world industrial applications, using nanophotonic-based quantum entropy that can be used anywhere and with little to no training, operates at normal room temperatures, low power and is not burdened with environmental requirements. Its core nanophotonic-based technology is applicable to both quantum computing as well as quantum intelligence, cybersecurity, sensing and imaging solutions. The Company’s core entropy computing capability, the Dirac series, delivers solutions for both binary and integer-based optimization problems. The firm has developed specific quantum applications for artificial intelligence, cybersecurity and remote sensing, including its reservoir photonic computer series (intelligence), reprogrammable and non-repeatable quantum random number generator (cybersecurity) and LiDAR and Vibrometer (sensing) products.

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