qubt: the income statement

MyFinsight

For the quarter ending 2025-09-30, QUBT made $384K in revenue. $2,356K in net income. Net profit margin of 613.54%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenue	384	61	39	101
Cost of revenue	258	35	26	92
Gross profit	126	26	13	9
Research and development	4,509	5,975	2,985	2,244
Sales and marketing	787	680	672	363
General and administrative	5,234	3,542	4,642	2,840
Total operating expenses	10,530	10,197	8,299	5,447
Loss from operations	-10,404	-10,171	-8,286	-5,438
Interest and other income	3,544	1,843	1,696	70
Interest expense	4	58	58	-
Interest expense, net	-	-	-	307
Change in fair value of derivative liability	-9,246	28,096	-23,630	-
Income (loss) before income tax provision	2,382	-36,482	16,982	-5,675
Net income (loss)	2,382	-36,482	16,982	-5,675
Unrealized losses on available-for-sale debt securities	-26	-	-	-
Net loss attributable to common stockholders	-	-	-	-5,675
Total comprehensive income (loss)	2,356	-	-	-

Basic (in dollars per share)	0.01	-0.26	0.13	-0.06
Basic (in shares)	160,399,000	141,401,000	135,217,000	93,048,000
Diluted (in dollars per share)	0.01	-0.26	0.11	-0.06
Diluted (in shares)	166,833,000	141,401,000	153,006,000	93,048,000