QUBT - Quantum Computing, Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$16.00
DETAILS
HIGH:
$20.00
LOW:
$12.00
MEDIAN:
$16.00
CONSENSUS:
$16.00
UPSIDE:
29.98%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||
| Revenue | 0.7 | 0.4 | 0.4 | 0.1 | 0 | 0 | 0 | 0 | 0 | 3.4 | 3.5 | 3.9 |
| Cost of Revenue | 0.6 | 0.3 | 0.2 | 0.1 | 0 | 0.0 | 0.0 | 0.0 | 0 | 2.2 | 2.6 | 2.6 |
| Gross Profit | 0.1 | 0.1 | 0.2 | 0.1 | 0 | (0.0) | (0.0) | (0.0) | 0 | 1.1 | 0.9 | 1.3 |
| Operating Expenses | ||||||||||||
| R&D Expenses | 20.5 | 11.3 | 8.9 | 5.2 | 2.6 | 1.5 | 0.9 | 0.3 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 30.7 | 14.7 | 17.5 | 23.5 | 14.5 | 15.8 | 1.7 | 5.5 | 0.2 | 1.1 | 1.0 | 2.2 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 51.1 | 26.0 | 26.4 | 28.7 | 17.1 | 17.3 | 2.5 | 5.8 | 0.2 | 1.1 | 1.0 | 2.2 |
| Operating Income | ||||||||||||
| Operating Income | (51.1) | (25.9) | (26.2) | (28.6) | (17.1) | (17.3) | (2.5) | (5.8) | (0.2) | (0.0) | (0.1) | (0.9) |
| Interest Expense | 0.1 | 2.5 | 1.6 | 0.8 | 0.3 | 6.0 | 5.8 | 4.1 | 0 | 0.0 | 0.0 | 0.1 |
| Interest Income | 0 | 0.4 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0.0 | 0.0 |
| Profitability | ||||||||||||
| EBITDA | (13.7) | (62.0) | (21.9) | (23.3) | (16.9) | (18.7) | (2.5) | (6.4) | (0.2) | 0.3 | 0.2 | (0.9) |
| EBIT | (18.6) | (66.0) | (25.4) | (25.2) | (16.9) | (18.7) | (2.5) | (6.4) | (0.2) | 0.3 | 0.2 | (0.9) |
| Income Before Tax | (18.7) | (68.5) | (27.0) | (26.0) | (27.9) | (24.7) | (8.4) | (10.5) | (0.2) | 0.2 | 0.1 | (1.0) |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | (18.7) | (68.5) | (27.0) | (26.0) | (27.9) | (24.7) | (8.4) | (10.5) | (0.2) | 0.2 | 0.1 | (1.0) |
| Per Share Data | ||||||||||||
| EPS (Basic) | -0.11 | -0.73 | -0.42 | -0.48 | -0.96 | -0.88 | -1.14 | -2.22 | -0.19 | 0.63 | 0.38 | -2.86 |
| EPS (Diluted) | -0.11 | -0.73 | -0.42 | -0.48 | -0.96 | -0.88 | -1.14 | -2.22 | -0.19 | 0.63 | 0.38 | -2.86 |
| Shares Outstanding | 164.5 | 93.9 | 66.6 | 56.0 | 29.2 | 28.0 | 7.4 | 4.7 | 0.9 | 0.4 | 0.4 | 0.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 737.9 | 78.9 | 2.1 | 5.3 | 16.7 | 15.2 | 0.1 | 1.8 | 0 | 0.1 |
| Short-Term Investments | 379.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 5.1 | 0.0 | 0.3 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0.2 |
| Inventory | 0.4 | 0.0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 |
| Other Current Assets | 11.0 | 0.2 | 0.0 | (0.1) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 1,133.7 | 79.2 | 2.7 | 5.5 | 17.2 | 15.2 | 0.1 | 1.8 | 0 | 0.4 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 15.3 | 9.7 | 3.9 | 2.2 | 0.1 | 0.0 | 0.0 | 0.0 | 0 | 0.0 |
| Goodwill | 55.6 | 55.6 | 55.6 | 55.6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 6.5 | 9.0 | 12.1 | 15.2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 403.1 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0 | 0 |
| Other Non-Current Assets | 4.7 | 0.1 | 0.1 | 0.1 | 0.0 | 0 | (0.1) | 0 | 0 | 0.0 |
| Total Non-Current Assets | 485.2 | 74.4 | 71.7 | 73.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0 | 0.0 |
| Total Assets | 1,618.9 | 153.6 | 74.4 | 78.5 | 17.3 | 15.3 | 0.1 | 1.9 | 0 | 0.4 |
| Current Liabilities | ||||||||||
| Account Payables | 0.8 | 1.4 | 1.5 | 0.9 | 0.5 | 0.4 | 0.2 | 0.1 | 0.0 | 0.4 |
| Short-Term Debt | 0 | 0 | 1.9 | 0.5 | 0 | 0.2 | 1.6 | 3.2 | 0 | 0.0 |
| Deferred Revenue | 0.4 | 0.1 | 0.5 | 0 | 0 | 0 | 0.2 | 0 | 0 | 0 |
| Other Current Liabilities | 9.9 | 1.0 | 0.3 | (1.1) | 0.0 | 0 | 0.8 | 0 | 0 | 0.1 |
| Total Current Liabilities | 11.1 | 4.6 | 4.8 | 4.6 | 1.1 | 0.7 | 3.0 | 3.3 | 0.0 | 1.0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 1.8 | 0 | 0 | 7.2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 7.8 | 40.5 | 0 | 0.5 | 0 | 326.5 | 2,742.3 | 3,260.1 | 0 | 0 |
| Total Non-Current Liabilities | 9.6 | 41.7 | 0.8 | 8.8 | 0 | 326.5 | 2,742.3 | 3,260.1 | 0 | 0 |
| Total Liabilities | 20.7 | 46.3 | 5.7 | 13.4 | 1.1 | 0.7 | 3.0 | 3.3 | 0.0 | 1.0 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
| Retained Earnings | (219.2) | (200.5) | (131.9) | (104.1) | (81.4) | (53.5) | (28.8) | (20.4) | (9.9) | (10.3) |
| Accumulated Other Comprehensive Income | 0.9 | 0 | 0 | 0 | 0 | 20.3 | 0 | 7.9 | 0 | 0 |
| Total Stockholders' Equity | 1,598.3 | 107.3 | 68.7 | 65.1 | 16.2 | 14.6 | (2.8) | (1.5) | (0.0) | (0.6) |
| Total Liabilities & Equity | 1,618.9 | 153.6 | 74.4 | 78.5 | 17.3 | 15.3 | 0.1 | 1.9 | 0 | 0.4 |
| Debt Metrics | ||||||||||
| Total Debt | 1.8 | 1.2 | 2.8 | 10.2 | 0.0 | 0.2 | 1.6 | 3.2 | 0 | 0.0 |
| Net Debt | (736.1) | (77.8) | 0.7 | 4.9 | (16.7) | (15.0) | 1.5 | 1.4 | 0 | (0.1) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (18.7) | (68.5) | (27.0) | (26.0) | (27.9) | (24.7) | (8.4) | (10.5) | (0.2) | 0.2 |
| Depreciation & Amortization | 4.9 | 3.8 | 3.3 | 1.9 | 0.0 | 0.0 | 0.0 | 4.0 | 0 | 0.0 |
| Stock-Based Compensation | 8.7 | 5.8 | 4.6 | 11.7 | 10.2 | 11.2 | 0.2 | 4.2 | 0 | 0 |
| Change in Working Capital | (13.5) | 0.5 | 0.2 | (0.2) | 0.1 | 0.1 | 0.2 | 0.1 | 0.0 | 0.1 |
| Other Non-Cash Items | (11.7) | 42.2 | 0.7 | (2.8) | 10.7 | 1.9 | 5.7 | (0.2) | 0.2 | 0.0 |
| Operating Cash Flow | (30.3) | (16.2) | (18.3) | (15.4) | (6.8) | (11.5) | (2.2) | (2.4) | 0 | 0.4 |
| Investing Activities | ||||||||||
| Capital Expenditure | (6.7) | (6.0) | (2.1) | (0.9) | (0.0) | (0.0) | (0.0) | (0.0) | 0 | (0.0) |
| Acquisitions | 0 | 0 | 0 | (1.4) | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (1,197.9) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 416.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (0.0) | 0 | (0.5) | 0 | (0.0) | 0 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (788.3) | (6.0) | (2.6) | (2.2) | (0.0) | (0.0) | (0.0) | (0.0) | 0 | (0.0) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 0 | (3.3) | (6.2) | 7.0 | (0.2) | (1.4) | (1.6) | 3.1 | 0 | (0.3) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | (0.2) | (0.9) | (0.8) | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 0 | (0.0) | 0 | 0.1 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 1,477.6 | 99.1 | 17.7 | 6.2 | 8.4 | 26.6 | 0.6 | 4.1 | 0 | (0.3) |
| Cash Position | ||||||||||
| Net Change in Cash | 658.9 | 76.9 | (3.2) | (11.4) | 1.5 | 15.1 | (1.7) | 1.8 | 0 | 0.1 |
| Cash at Beginning | 78.9 | 2.1 | 5.3 | 16.7 | 15.2 | 0.1 | 1.8 | 0.0 | 0 | 0.0 |
| Cash at End | 737.9 | 78.9 | 2.1 | 5.3 | 16.7 | 15.2 | 0.1 | 1.8 | 0 | 0.1 |
| Free Cash Flow | (37.0) | (22.2) | (20.4) | (16.2) | (6.8) | (11.6) | (2.3) | (2.4) | 0 | 0.3 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||
| Revenue | 0.7 | 0.4 | 0.4 | 0.1 | 0 | 0 | 0 | 0 | 0 | 3.4 | 3.5 | 3.9 |
| Gross Profit | 0.1 | 0.1 | 0.2 | 0.1 | 0 | (0.0) | (0.0) | (0.0) | 0 | 1.1 | 0.9 | 1.3 |
| Operating Income | (51.1) | (25.9) | (26.2) | (28.6) | (17.1) | (17.3) | (2.5) | (5.8) | (0.2) | (0.0) | (0.1) | (0.9) |
| Net Income | (18.7) | (68.5) | (27.0) | (26.0) | (27.9) | (24.7) | (8.4) | (10.5) | (0.2) | 0.2 | 0.1 | (1.0) |
| EPS (Diluted) | -0.11 | -0.73 | -0.42 | -0.48 | -0.96 | -0.88 | -1.14 | -2.22 | -0.19 | 0.63 | 0.38 | -2.86 |
| Balance Sheet | ||||||||||||
| Cash & Equivalents | 737.9 | 78.9 | 2.1 | 5.3 | 16.7 | 15.2 | 0.1 | 1.8 | 0 | 0.1 | ||
| Total Assets | 1,618.9 | 153.6 | 74.4 | 78.5 | 17.3 | 15.3 | 0.1 | 1.9 | 0 | 0.4 | ||
| Total Debt | 1.8 | 1.2 | 2.8 | 10.2 | 0.0 | 0.2 | 1.6 | 3.2 | 0 | 0.0 | ||
| Stockholders' Equity | 1,598.3 | 107.3 | 68.7 | 65.1 | 16.2 | 14.6 | (2.8) | (1.5) | (0.0) | (0.6) | ||
| Cash Flow | ||||||||||||
| Operating Cash Flow | (30.3) | (16.2) | (18.3) | (15.4) | (6.8) | (11.5) | (2.2) | (2.4) | 0 | 0.4 | ||
| Capital Expenditure | (6.7) | (6.0) | (2.1) | (0.9) | (0.0) | (0.0) | (0.0) | (0.0) | 0 | (0.0) | ||
| Free Cash Flow | (37.0) | (22.2) | (20.4) | (16.2) | (6.8) | (11.6) | (2.3) | (2.4) | 0 | 0.3 | ||