$QUBT Cashflow Statement | Understand Stock

$QUBT

$6.89 +$0.48 (7.41%) Live

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Cash Flows

In millions of USD, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Cash flows from operating activities:
Net loss
Adjustments to reconcile net loss to net cash used in operations
Depreciation and intangibles amortization
Amortization of intangibles
Net recognized losses (gains)
Amortization of issuance costs
Change in fair value of derivative liability
Accrual of debt discount
Change in value of derivative
Provision for credit losses
Amortization of operating lease right-of-use assets
Stock-based compensation expense
Stock-based compensation expense for services

Change in operating assets and liabilities
Accounts receivable
Prepaid expenses
Inventory
Other current assets
Accrued interest receivable
Prepaid expenses and other current assets
Other non-current assets
Accounts payable
Accrued expenses
Dividends payable
Unearned revenue
Other current liabilities
Operating lease payments
Deferred revenue
Accrued expenses and other current liabilities
Operating lease liabilities
Net cash used in operating activities

Cash flows from investing activities:
Purchase of property and equipment
Other Assets – Lease Right to Use
Other Assets – Security Deposits
Other Current Assets
Net cash used for QPhoton merger
Issuance of loan receivable
Net cash used for QPhoton Inc. merger
Purchases of available-for-sale debt securities
Proceeds from sales of available-for-sale debt securities
Proceeds from maturities of available-for-sale debt securities
Other recognized losses (gains)
Net cash used in investing activities
Term Loans
PPP loan forgiveness

Cash flows from financing activities:
Notes Payable
Proceeds from loans
Preferred stock conversion
Preferred stock OID accrual
Proceeds raised from financial liabilities, net of issuance costs
Payments of financial liabilities, net of interest
Series A Preferred stock dividend payments
Repurchase of Series A preferred stock
Proceeds from stock issuance related to ATM facility
Net proceeds from issuance of common stock
Net cash provided by financing activities
Net increase (decrease) in cash

Net increase (decrease) in cash
Cash and cash equivalents, beginning of period
Cash and cash equivalents, end of period
Supplemental disclosures of cash flow information:
Cash paid for interest
Lease right to use asset
Common stock, preferred stock and warrants issued in connection with QPhoton, Inc. merger
Non-cash investing and financing activities:
Fair value of derivative liability reclassed to additional paid-in capital due to exercise of warrants
Issuance of stock expensed from 2024, awarded in 2025
Leased assets obtained in exchange for new operating lease liabilities
Reclassification of Series A preferred stock to mezzanine equity
Valuation of derivative associated with convertible financial liability
Conversion of Series A preferred to common stock

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