QUBT: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, QUBT has $1,620,534K in assets. $23,350K in debts. $257,711K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
6667.17%
Quick Ratio
6639.89%
Cash Ratio
1709.53%
Debt to Asset Ratio
1.44%
Unit: Thousand (K) dollars
Assets Breakdown
Short term investments
Long-term investments
Cash and cash equivalents
Others
Liabilities Breakdown
Additional paid-in capital
Accumulated deficit
Accrued expenses
Others

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	257,711	737,880	352,436	348,758
Accounts receivable, net	4,281	519	491	96
Inventory	4,112	352	956	366
Short term investments	728,401	379,421	203,136	-
Accrued interest receivable	5,346	3,634	4,889	-
Prepaid expenses and other current assets	5,225	11,914	885	1,005
Total current assets	1,005,076	1,133,720	562,793	350,225
Total cost of property and equipment	20,967	15,881	14,700	11,935
Accumulated depreciation	4,025	2,910	2,025	1,366
Property and equipment, net	16,942	12,971	12,675	10,569
Operating lease right-of-use assets	5,206	2,353	2,520	2,076
Intangible assets, net	19,191	6,500	7,005	7,510
Goodwill	146,511	55,573	55,573	55,573
Long-term investments	422,818	403,121	257,473	-
Accrued interest receivable - long term	4,517	4,551	-	-
Other non-current assets	273	131	131	131
Total assets	1,620,534	1,618,920	898,170	426,084

Accounts payable	2,707	778	1,170	1,372
Accrued expenses	8,342	9,135	1,500	1,251
Deferred revenue	1,882	395	323	181
Other current liabilities	2,144	766	641	1,168
Total current liabilities	15,075	11,074	3,634	3,972
Derivative liability	4,597	7,773	14,743	24,594
Operating lease liabilities	3,678	1,808	1,943	1,536
Total liabilities	23,350	20,655	20,320	30,102
Common stock, 0.0001 par value, 250,000 shares authorized 225,494 and 224,165 shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively	23	22	19	16
Additional paid-in capital	1,823,284	1,816,494	1,095,457	615,948
Accumulated deficit	-223,206	-219,156	-217,600	-219,982
Accumulated other comprehensive (loss) income	-2,917	905	-26	-
Total shareholders equity	1,597,184	1,598,265	877,850	395,982
Total liabilities and shareholders equity	1,620,534	1,618,920	898,170	426,084

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

MyFinsight

Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio6667.17%Quick Ratio6639.89%Cash Ratio1709.53%Debt to Asset Ratio1.44%Unit: Thousand (K) dollarsAssets BreakdownShort term investmentsLong-term investmentsCash and cash equivalentsOthersLiabilities BreakdownAdditional paid-in capitalAccumulated deficitAccrued expensesOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio6667.17%Quick Ratio6639.89%Cash Ratio1709.53%Debt to Asset Ratio1.44%Unit: Thousand (K) dollarsAssets BreakdownShort term investmentsLong-term investmentsCash and cash equivalentsOthersLiabilities BreakdownAdditional paid-in capitalAccumulated deficitAccrued expensesOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets