| Cash Flow | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|---|
| Net loss | -24.151 | -30.263 | -35.501 | -33.385 |
| Depreciation and amortization expense | 0.98 | 0.948 | - | - |
| Stock-based compensation expense | 12.066 | 8.293 | - | - |
| Payment of formation costs through issuance of classb ordinary shares | - | - | 0 | 0 |
| Change in fair value of contingent obligation | -0.841 | -0.631 | - | - |
| Payment of operating costs through ipo promissory note | - | - | - | 0 |
| Payment of operating costs through promissory note | - | - | 0.037 | - |
| Other non-cash operating adjustments | 1.687 | 0.742 | - | - |
| Subscription agreement expense | - | - | 0 | 6.045 |
| Accounts receivable | -1.431 | -2.658 | - | - |
| Change of fair value of subscription agreement liability | - | - | 39.086 | 30.499 |
| Unbilled receivables | 0.595 | 0.255 | - | - |
| Income earned on cash and marketable securities held in trust | - | - | 4.137 | 4.394 |
| Inventories | 0.965 | 0.57 | - | - |
| Prepaid expenses and other current assets | 4.026 | -0.181 | -0.026 | -0.008 |
| Other assets | 0.11 | -0.035 | - | - |
| Prepaid insurance | - | - | -0.08 | -0.08 |
| Accounts payable | -0.071 | -1.915 | - | - |
| Accrued liabilities | 35.45 | -0.216 | 0.013 | 0.065 |
| Contract liabilities | -6.354 | 2.071 | - | - |
| Operating lease right-of-use assets | 0.522 | 0.189 | - | - |
| Operating lease liabilities | -0.146 | -0.204 | - | - |
| Net cash used in operating activities | 13.185 | -19.159 | -0.433 | -1.082 |
| Purchases of available-for-sale securities | 85.59 | 444.153 | - | - |
| Maturities of available-for-sale securities | 48.8 | 11.4 | - | - |
| Investment of cash into trust account | - | - | 0 | 0 |
| Purchase of non-marketable equity investment | 3 | - | - | - |
| Cash withdrawn from trust account for working capital purposes | - | - | 0 | 1 |
| Purchases of property and equipment | 1.39 | 0.312 | - | - |
| Net cash used in investing activities | -41.18 | -433.065 | 0 | 1 |
| Proceeds from issuance of series c convertible redeemable preferred stock | 0 | - | - | - |
| Proceeds from sale of public units | - | - | 0 | 0 |
| Proceeds from stock options exercised | - | 0.771 | - | - |
| Proceeds from stock options and warrant exercises | 4.729 | - | - | - |
| Proceeds from sale of private placement units | - | - | 0 | 0 |
| Payment of offering costs | 0 | -3.306 | - | - |
| Repayment of ipo promissory noterelated party | - | - | - | 0 |
| Repayment of promissory noterelated party | - | - | 0.421 | - |
| Proceeds from business combination, net of redemptions | 0 | 528.166 | - | - |
| Payment of offering costs | - | - | 0 | 0.015 |
| Payment of deferred cash consideration | 0 | 0.475 | - | - |
| Net cash provided by financing activities | 3.958 | 525.156 | 0 | -0.015 |
| Foreign currency translation | -0.418 | 0.048 | - | - |
| Net increase in cash and cash equivalents and restricted cash | -24.455 | 72.98 | -0.433 | -0.097 |
| Cash, cash equivalents and restricted cash at beginning of period | 84.874 | 11.894 | 0 | 0 |
| Cash, cash equivalents and restricted cash at end of period | 60.419 | 84.874 | 0.702 | 1.136 |
| Offering costs included in accrued offering costs | - | - | - | -0.015 |
| Deferred offering costs paid by sponsor in exchange for issuance of classb ordinary shares | - | - | - | 0 |
| Deferred offering costs paid through ipo promissory noterelated party | - | - | - | 0 |
| Prepaid services contributed by sponsor through ipo promissory noterelated party | - | - | - | 0 |
| Deferred underwriting fee payable | - | - | - | 3 |
Infleqtion, Inc. (INFQ)
Infleqtion, Inc. (INFQ)