| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 352,436 | 348,758 | 166,429 | 3,064 |
| Accounts receivable, net | 491 | 96 | 20 | 63 |
| Inventory | 956 | 366 | 131 | 241 |
| Short-term investments | 203,136 | - | - | - |
| Loans receivable, net | - | - | - | 306 |
| Accrued interest receivable | 4,889 | - | - | - |
| Prepaid expenses and other current assets | 885 | 1,005 | 660 | 238 |
| Total current assets | 562,793 | 350,225 | 167,240 | 3,912 |
| Total cost of property and equipment | 14,700 | 11,935 | 11,141 | 6,312 |
| Accumulated depreciation | 2,025 | 1,366 | 1,165 | 486 |
| Property and equipment, net | 12,675 | 10,569 | 9,976 | 5,826 |
| Operating lease right-of-use assets | 2,520 | 2,076 | 1,419 | 1,622 |
| Intangible assets, net | 7,005 | 7,510 | 8,196 | 9,748 |
| Goodwill | 55,573 | 55,573 | 55,573 | 55,573 |
| Long-term investments | 257,473 | - | - | - |
| Other non-current assets | 131 | 131 | 129 | 129 |
| Total assets | 898,170 | 426,084 | 242,533 | 76,810 |
| Accounts payable | 1,170 | 1,372 | 2,022 | 923 |
| Accrued expenses | 1,500 | 1,251 | 647 | 539 |
| Deferred revenue | 323 | 181 | 83 | 48 |
| Other current liabilities | 641 | 1,168 | 990 | 921 |
| Total current liabilities | 3,634 | 3,972 | 3,742 | 2,431 |
| Financial liabilities, net of issuance costs | - | - | - | 6,514 |
| Derivative liability | 14,743 | 24,594 | 16,902 | 666 |
| Operating lease liabilities | 1,943 | 1,536 | 1,062 | 1,297 |
| Total liabilities | 20,320 | 30,102 | 21,706 | 10,908 |
| Mezzanine equity | - | - | - | 5,463 |
| Common stock, 0.0001 par value, 250,000 shares authorized 186,908 and 129,012 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 19 | 16 | 14 | 9 |
| Additional paid-in capital | 1,095,457 | 615,948 | 404,313 | 209,675 |
| Accumulated deficit | -217,600 | -219,982 | -183,500 | -149,245 |
| Accumulated other comprehensive loss | -26 | - | - | - |
| Total shareholders equity | 877,850 | 395,982 | 220,827 | 60,439 |
| Total liabilities and shareholders equity | 898,170 | 426,084 | 242,533 | 76,810 |
Quantum Computing Inc. (QUBT)
Quantum Computing Inc. (QUBT)