For the year ending 2025-12-31, QUBT has $1,618,920,000 in assets. $20,655,000 in debts. $737,880,000 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 737,880,000 | 78,945,000 | 2,059,285 | 5,308,466 |
| Accounts receivable, net | 519,000 | 27,000 | 65,000 | 12,774 |
| Prepaid expenses | - | - | 138,460 | 224,302 |
| Loans receivable | - | - | 557,236 | - |
| Other current assets | - | - | 289,117 | 42,105 |
| Inventory | 352,000 | 18,000 | 72,650 | - |
| Short term investments | 379,421,000 | - | - | - |
| Accrued interest receivable | 3,634,000 | - | - | - |
| Prepaid expenses and other current assets | 11,914,000 | 161,000 | - | - |
| Total current assets | 1,133,720,000 | 79,151,000 | 3,181,748 | - |
| Total cost of property and equipment | 15,881,000 | 9,178,000 | 3,141,939 | - |
| Accumulated depreciation | 2,910,000 | 966,000 | 272,281 | - |
| Property and equipment, net | 12,971,000 | 8,212,000 | 2,869,658 | 975,169 |
| Operating lease right-of-use assets | 2,353,000 | 1,522,000 | 799,942 | 1,327,746 |
| Security deposits | - | - | 129,045 | 60,271 |
| Intangible assets, net | 6,500,000 | 8,972,000 | 11,388,015 | 22,223,725 |
| Goodwill | 55,573,000 | 55,573,000 | 60,359,867 | 59,125,773 |
| Long-term investments | 403,121,000 | - | - | - |
| Accrued interest receivable - long term | 4,551,000 | - | - | - |
| Other non-current assets | 131,000 | 129,000 | - | - |
| Total assets | 1,618,920,000 | 153,559,000 | 78,728,275 | 89,300,331 |
| Accounts payable | 778,000 | 1,372,000 | 1,461,541 | 871,887 |
| Accrued expenses | 9,135,000 | 2,134,000 | 195,923 | 3,559,981 |
| Deferred revenue | - | - | 458 | - |
| Dividends payable - preferred | - | - | 215,119 | - |
| Lease liability | - | - | - | 1,357,924 |
| Current portion of long-term debt | - | - | 2,496,480 | - |
| Deferred revenue | 395,000 | 79,000 | - | - |
| Dividends payable - preferred | - | - | - | 219,844 |
| Other current liabilities | 766,000 | 974,000 | 250,116 | - |
| Loans payable short term | - | - | - | 535,684 |
| Total current liabilities | 11,074,000 | 4,559,000 | 4,619,637 | - |
| Loans payable long term | - | - | - | 7,632,998 |
| Derivative liability | 7,773,000 | 40,532,000 | - | - |
| Accrued interest long term | - | - | - | 225,282 |
| Operating lease liabilities | 1,808,000 | 1,181,000 | 840,085 | - |
| Total liabilities | 20,655,000 | 46,272,000 | 5,459,722 | 14,403,600 |
| Preferred stock, 0.0001 par value, 1,550,000 shares series a convertible preferred authorized 1,490,004 and 1,500,004 shares issued and outstanding as of december 31, 2023 and december 31, 2022, respectively 3,079,864 shares of series b preferred stock authorized, 0 and 0 shares issued and outstanding as of december 31, 2023 and december 31, 2022, respectively | - | - | 149 | 150 |
| Common stock, 0.0001 par value, 250,000 thousand shares authorized 224,165 and 129,012 shares issued and outstanding as of december 31, 2025 and 2024, respectively | 22,000 | 13,000 | 7,745 | 5,596 |
| Additional paid-in capital | 1,816,494,000 | 307,756,000 | 167,944,651 | 151,163,909 |
| Apic-beneficial conversion feature in equity | - | - | 4,898,835 | 4,898,835 |
| Apic-stock based compensation | - | - | 50,135,626 | 38,816,022 |
| Accumulated deficit | -219,156,000 | -200,482,000 | -149,718,453 | -119,987,781 |
| Accumulated other comprehensive income | 905,000 | - | - | - |
| Total stockholders equity | 1,598,265,000 | 107,287,000 | 73,268,553 | 74,896,731 |
| Total liabilities and mezzanine and stockholders equity | 1,618,920,000 | 153,559,000 | 78,728,275 | 89,300,331 |
Quantum Computing Inc. (QUBT)
Quantum Computing Inc. (QUBT)