For the quarter ending 2026-03-31, INFQ had $72,980,000 increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 |
|---|---|---|
| Net loss | -30,263,000 | -66,931,068 |
| Depreciation and amortization expense | 948,000 | - |
| Stock-based compensation expense | 8,293,000 | - |
| Payment of formation costs through issuance of classb ordinary shares | - | 0 |
| Change in fair value of contingent obligation | -631,000 | - |
| Payment of operating costs through promissory note | - | 36,839 |
| Other non-cash operating adjustments | 742,000 | - |
| Subscription agreement expense | - | 6,044,986 |
| Accounts receivable | -2,658,000 | - |
| Change of fair value of subscription agreement liability | - | 69,585,366 |
| Unbilled receivables | 255,000 | - |
| Income earned on cash and marketable securities held in trust | - | 10,689,503 |
| Inventories | 570,000 | - |
| Prepaid expenses and other current assets | -181,000 | -29,000 |
| Other assets | -35,000 | - |
| Prepaid insurance | - | 428,572 |
| Accounts payable | -1,915,000 | - |
| Accrued liabilities | -216,000 | 80,223 |
| Contract liabilities | 2,071,000 | - |
| Operating lease right-of-use assets | 189,000 | - |
| Operating lease right-of-use liabilities | -204,000 | - |
| Net cash used in operating activities | -19,159,000 | -2,272,729 |
| Purchases of available-for-sale securities | 444,153,000 | - |
| Investment of cash into trust account | - | 414,000,000 |
| Maturities of available-for-sale securities | 11,400,000 | - |
| Cash withdrawn from trust account for working capital purposes | - | 1,000,000 |
| Purchases of property and equipment | 312,000 | - |
| Net cash used in investing activities | -433,065,000 | -413,000,000 |
| Proceeds from sale of public units | - | 414,000,000 |
| Proceeds from stock options exercised | 771,000 | - |
| Proceeds from sale of private placement units | - | 3,000,000 |
| Payment of offering costs | -3,306,000 | - |
| Repayment of promissory noterelated party | - | 420,673 |
| Proceeds from business combination, net of redemptions | 528,166,000 | - |
| Payment of offering costs | - | 604,444 |
| Payment of deferred cash consideration | 475,000 | - |
| Net cash provided by (used in) financing activities | 525,156,000 | 415,974,883 |
| Foreign currency translation | 48,000 | - |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 72,980,000 | 702,154 |
| Cash, cash equivalents and restricted cash at beginning of period | 11,894,000 | 0 |
| Cash, cash equivalents and restricted cash at end of period | 84,874,000 | 702,154 |
Infleqtion, Inc. (INFQ)
Infleqtion, Inc. (INFQ)