Quantum Computing, Inc. logo QUBT - Quantum Computing, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
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BUY
0
BUY 3
HOLD 1
SELL 0
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SELL
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| PRICE TARGET: $16.00 DETAILS
HIGH: $20.00
LOW: $12.00
MEDIAN: $16.00
CONSENSUS: $16.00
UPSIDE: 29.98%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2012 Q4 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3
Revenue
Revenue 3.7 0.2 0.4 0.1 0.0 0.1 0.1 0.2 0.0 0.1 0.1 0.1 0.1 0.0 0.0 0.1 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.7 0.7 0.9 0.9 0.9 0.8 1.1
Cost of Revenue 4.4 0.3 0.3 0.0 0.0 0.0 0.1 0.1 0.0 0.1 0.0 0.1 0.1 0.0 0.0 0.0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0.5 0.7 0.5 0.8 0.6 0.6 0.7
Gross Profit (0.7) (0.1) 0.1 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.1 0.1 (0.0) 0.0 0.1 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) 0 0 0.2 0.1 0.4 0.1 0.3 0.2 0.3
Operating Expenses
R&D Expenses 7.0 7.0 4.5 6.0 3.0 4.8 2.2 2.1 2.2 1.6 2.3 2.5 2.2 1.4 1.3 0.9 1.0 0.8 0.6 0.6 0.6 0.6 0.3 0.3 0.3 0.3 0.3 0.1 0.2 0 0.1 0.1 0.0 0 0 0 0 0 0 0
SG&A Expenses 12.9 15.1 6.0 4.2 5.3 4.2 3.2 3.2 4.1 6.3 4.3 4.6 4.0 16.8 5.6 4.0 5.7 3.8 4.2 3.8 2.8 5.4 8.4 0.6 1.4 0.4 (1.0) 1.8 0.4 4.5 24.6 0.3 0.3 0.2 0.1 0.4 0.2 0.4 0.5 0.5
Other Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 19.8 22.1 10.5 10.2 8.3 8.9 5.4 5.3 6.3 7.9 6.6 7.0 6.2 18.2 6.8 4.9 6.7 4.6 4.8 4.3 3.4 6.0 8.7 0.9 1.7 0.8 (0.8) 2.0 0.6 4.5 24.7 0.4 0.3 0.2 0.1 0.4 0.2 0.4 0.5 0.5
Operating Income
Operating Income (20.6) (22.2) (10.4) (10.2) (8.3) (8.9) (5.4) (5.3) (6.3) (7.9) (6.6) (7.0) (6.1) (18.2) (6.8) (4.8) (6.7) (4.6) (4.8) (4.3) (3.4) (6.0) (8.7) (0.9) (1.7) (0.8) 0.8 (2.0) (0.6) (4.5) (24.7) (0.4) (0.3) (0.1) (0.1) (0.0) (0.0) (0.0) (0.3) (0.1)
Interest Expense 0.2 0.1 0.0 0.1 0.1 2.0 0.3 0 0.2 0.3 0.4 0.5 0.4 0.6 0.7 0.3 0.4 0.3 0 0 0 3.5 0.8 0.1 0.1 5.7 0.0 0.1 0.1 4.1 2.3 0.5 0.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Interest Income 13.5 0 3.5 1.8 1.7 0.2 0.1 0.1 0.0 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0 0 0 0.0 0.0 0.0 0.0 0.0 0 0 0 0 0 0.0 0 0 0 0.0 0.0
Profitability
EBITDA (1.6) (0.1) 3.7 (35.4) 18.1 (47.9) (4.4) (4.2) (5.4) (6.6) (5.6) (6.0) (4.9) (16.7) (5.3) (4.5) (6.7) (4.6) (4.8) (4.1) (3.4) (5.0) (8.7) (0.2) (0.6) (0.8) 0.8 (2.0) (0.6) (5.1) (24.7) (0.4) (0.3) 0.2 (0.1) (0.0) 0.2 0.0 (0.3) (0.1)
EBIT (3.9) (1.6) 2.4 (36.4) 17.0 (49.2) (5.4) (5.2) (6.3) (7.8) (6.5) (6.9) (5.7) (18.2) (6.8) (4.8) (6.7) (4.6) (4.8) (4.1) (3.4) (5.0) (8.7) (0.2) (0.6) (0.8) 0.8 (2.0) (0.6) (5.1) (24.7) (0.4) (0.3) 0.2 (0.1) (0.0) 0.2 0.0 (0.3) (0.1)
Income Before Tax (4.0) (1.6) 2.4 (36.5) 17.0 (51.2) (5.7) (5.2) (6.4) (8.3) (6.8) (7.4) (6.1) (18.8) (7.6) (5.1) (7.1) (15.6) (4.8) (4.1) (3.4) (10.6) (11.7) (1.8) (0.7) (6.5) 0.8 (2.0) (0.6) (9.2) (27.0) (0.9) (1.0) 0.2 (0.1) (0.0) 0.2 (0.0) (0.3) (0.1)
Income Tax Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income (4.0) (1.6) 2.4 (36.5) 17.0 (51.2) (5.7) (5.2) (6.4) (8.3) (6.8) (7.4) (6.1) (18.8) (7.6) (5.1) (7.1) (15.6) (4.8) (4.1) (3.4) (10.6) (11.7) (1.8) (0.7) (6.5) 0.8 (2.0) (0.6) (9.2) (27.0) (0.9) (1.0) 0.2 (0.1) (0.0) 0.2 (0.0) (0.3) (0.1)
Per Share Data
EPS (Basic) -0.02 -0.01 0.01 -0.26 0.13 -0.55 -0.06 -0.06 -0.08 -0.09 -0.10 -0.12 -0.11 -0.34 -0.22 -0.17 -0.24 -0.54 -0.16 -0.14 -0.12 -0.62 -0.68 -0.21 -0.09 -0.83 0.10 -0.38 -0.13 -1.94 -4.56 -0.80 -1.06 0.56 -0.17 -0.04 0.61 -0.03 -0.95 -0.38
EPS (Diluted) -0.02 -0.01 0.01 -0.26 0.11 -0.55 -0.06 -0.06 -0.08 -0.09 -0.10 -0.12 -0.11 -0.34 -0.11 -0.11 -0.19 -0.54 -0.16 -0.14 -0.12 -0.62 -0.68 -0.21 -0.09 -0.83 0.10 -0.38 -0.13 -1.94 -4.56 -0.80 -1.06 0.56 -0.17 -0.04 0.61 -0.03 -0.95 -0.38
Shares Outstanding 162.4 162.4 160.4 141.4 135.2 93.9 93.0 93.5 82.5 66.6 71.6 62.7 58.9 56.0 33.9 29.2 29.2 29.2 29.2 29.1 28.7 17.2 17.2 8.6 7.8 7.8 7.4 5.3 4.7 4.7 5.9 1.1 1.0 0.4 0.4 0.4 0.4 0.4 0.4 0.4
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2012 Q4 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q3
Current Assets
Cash & Cash Equivalents 257.7 737.9 352.4 348.8 166.4 78.9 3.1 2.5 6.1 2.1 7.4 7.2 6.8 5.3 10.4 6.7 11.5 16.7 10.4 12.6 13.8 15.2 4.0 0.5 0.2 0.1 0.3 0.8 1.3 1.8 1.7 0.3 0.4 0.1 0.0 0.1 0.1 0.1 0.0
Short-Term Investments 728.4 379.4 203.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 14.1 5.1 0.5 0.1 0.0 0.0 0.4 0.4 0.0 0.3 0.5 0.6 0.1 0.0 0.1 0.1 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0.1 0.1 0.2 0.3 0.3 0.3 0.3 0.6
Inventory 4.1 0.4 1.0 0.4 0.1 0.0 0.2 0.3 0.2 0.1 0.2 0.2 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0.1 0.1 0.2 0.2 0.4
Other Current Assets 0.7 11.0 4.9 0.0 0.7 0.2 0 0 0.3 0.0 (0.1) (0.2) (0.2) (0.1) 1.3 0.0 1.3 0 0 0.0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 1,005.1 1,133.7 562.8 350.2 167.2 79.2 3.9 3.4 6.8 2.7 8.1 8.0 7.1 5.5 12.2 7.3 13.2 17.2 11.0 12.9 14.1 15.2 4.0 0.5 0.2 0.1 0.3 0.8 1.3 1.8 1.8 0.4 0.5 0.4 0.4 0.5 0.5 0.6 1.0
Non-Current Assets
Property, Plant & Equipment 22.1 15.3 15.2 12.6 11.4 9.7 7.4 6.3 5.4 3.9 4.1 2.6 2.5 2.2 0.3 0.2 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.7 0.2 0 0.0 0.0 0.0 0.0 0.0 0.0
Goodwill 146.5 55.6 55.6 55.6 55.6 55.6 55.6 55.6 55.6 55.6 64.9 65.1 59.1 55.6 59.1 59.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 19.2 6.5 7.0 7.5 8.2 9.0 9.7 10.5 11.3 12.1 12.1 12.8 20.7 15.2 23.7 25.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 422.8 403.1 257.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 4.8 4.7 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0 0.1 0.0 0.0 0.0 0 0 0 0 0 0 (0.1) 0 0 0 0 0 0 0 0.0 0.0 0.0 0.0 0.0 0.0
Total Non-Current Assets 615.5 485.2 335.4 75.9 75.3 74.4 72.9 72.5 72.4 71.7 81.2 80.6 82.4 73.1 83.2 84.6 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.7 0.2 0 0.0 0.0 0.0 0.0 0.0 0.0
Total Assets 1,620.5 1,618.9 898.2 426.1 242.5 153.6 76.8 76.0 79.2 74.4 89.3 88.6 89.5 78.5 95.3 91.9 13.3 17.3 11.1 12.9 14.1 15.3 4.0 0.5 0.2 0.1 0.3 0.8 1.4 1.8 2.4 0.6 0.5 0.4 0.4 0.5 0.6 0.7 1.1
Current Liabilities
Account Payables 2.7 0.8 1.2 1.4 2.0 1.4 0.9 1.7 1.7 1.5 1.1 0.9 0.9 0.9 0.9 0.8 0.8 0.5 0.5 0.6 0.2 0.4 0.2 0.3 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0 0 0.4 0.3 0.4 0.4 0.5 0.5
Short-Term Debt 0 0 0 0 0 0 0 0 0 1.9 4.5 6.5 8.3 0.5 0.5 0 0 0 0 0 0.2 0.2 1.8 2.0 1.5 1.6 1.1 3.1 3.2 3.2 3.5 1.2 0.8 0.0 0.3 0.3 0.3 0.3 0.4
Deferred Revenue 1.9 0.4 0 0 0.1 0.1 0.0 0.1 0 0.5 0.0 0 0 0 0 0 0 0 0 0 0 0 0.3 0.3 0.2 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 10.5 9.9 0.3 0.7 1.0 1.0 0.9 0.8 0.8 0.3 0.2 0 0.2 (1.1) 0 0.2 0.2 0.0 0 0 0 0 0.9 0.6 0.3 0.8 0 0 0 0 0 0.0 0.1 0.1 0.1 0.1 0.6 0.4 0.4
Total Current Liabilities 15.1 11.1 3.6 4.0 3.7 4.6 2.4 2.9 3.1 4.8 8.1 11.7 12.6 4.6 3.6 1.3 1.0 1.1 0.8 0.8 0.6 0.7 3.4 3.5 2.4 3.0 1.4 3.4 3.4 3.3 3.6 1.3 0.8 1.0 1.3 1.3 1.3 1.7 1.8
Non-Current Liabilities
Long-Term Debt 3.7 1.8 0 0 0 0 6.5 0 0 0 0 0 0.0 7.2 7.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 4.6 7.8 14.7 24.6 16.9 40.5 0.7 0 7.7 0 0 0 0.0 0.5 0.0 0 0 0 0 0 353.2 326.5 3,216.3 0.0 2,238.2 2,742.3 1,212.6 3,332.0 3,327.1 3,260.1 0 0 0.0 0 0 0 0 0 0
Total Non-Current Liabilities 8.3 9.6 16.7 26.1 18.0 41.7 8.5 0.7 8.5 0.8 0 0 0.0 8.8 7.5 0 0 0 0 0 353.2 326.5 3,216.3 0.0 2,238.2 2,742.3 1,212.6 3,332.0 3,327.1 3,260.1 0 0 0.0 0 0 0 0 0 0
Total Liabilities 23.4 20.7 20.3 30.1 21.7 46.3 10.9 3.6 11.6 5.7 8.1 11.7 12.6 13.4 11.1 1.3 1.0 1.1 0.8 0.8 0.6 0.7 3.4 3.5 2.4 3.0 1.4 3.4 3.4 3.3 3.6 1.3 0.8 1.0 1.3 1.3 1.3 1.7 1.8
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1
Retained Earnings (223.2) (219.2) (217.6) (220.0) (183.5) (200.5) (149.2) (143.6) (138.4) (131.9) (141.4) (133.1) (128.5) (104.1) (101.2) (93.6) (88.5) (81.4) (65.8) (61.0) (56.9) (53.5) (42.9) (31.2) (29.5) (28.8) (22.3) (23.0) (21.0) (20.4) (11.2) (10.6) (10.2) (10.3) (10.5) (10.5) (10.4) (10.7) (10.3)
Accumulated Other Comprehensive Income (2.9) 0.9 (0.0) 0 0 0 0 0 0 0 52.2 48.2 48.1 0 0 33.4 33.2 0 28.0 0 22.5 20.3 16.9 (0.0) (0.0) 0 8.2 9.6 8.1 7.9 0 0 (0.0) 0 0 0 0 0 0
Total Stockholders' Equity 1,597.2 1,598.3 877.9 396.0 220.8 107.3 65.9 72.4 67.6 68.7 81.2 76.9 76.9 65.1 84.2 90.6 12.3 16.2 10.3 12.1 13.5 14.6 0.6 (3.0) (2.2) (2.8) (0.9) (2.4) (2.0) (1.5) (1.2) (0.6) (0.0) (0.6) (0.8) (0.8) (0.8) (1.0) (0.7)
Total Liabilities & Equity 1,620.5 1,618.9 898.2 426.1 242.5 153.6 76.8 76.0 79.2 74.4 89.3 88.6 89.5 78.5 95.3 91.9 13.3 17.3 11.1 12.9 14.1 15.3 4.0 0.5 0.2 0.1 0.3 0.8 1.4 1.8 2.4 0.6 (0.0) 0.4 0.4 0.5 0.6 0.7 1.1
Debt Metrics
Total Debt 3.7 1.8 2.6 2.2 1.1 1.2 7.8 0.7 0.8 2.8 5.7 7.7 9.5 10.2 9.3 0.0 0.0 0.0 0.0 0.0 0.2 0.2 1.8 2.0 1.5 1.6 1.1 3.1 3.2 3.2 3.5 1.2 0.8 0.0 0.3 0.3 0.3 0.3 0.4
Net Debt (254.0) (736.1) (349.9) (346.6) (165.4) (77.8) 4.7 (1.8) (5.3) 0.7 (1.7) 0.5 2.8 4.9 (1.0) (6.7) (11.5) (16.7) (10.4) (12.6) (13.5) (15.0) (2.2) 1.5 1.3 1.5 0.8 2.3 1.8 1.4 1.8 0.9 0.3 (0.1) 0.3 0.2 0.2 0.2 0.3
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2011 Q4 2010 Q4 2010 Q3
Operating Activities
Net Income (4.0) (1.6) 2.4 (36.5) 17.0 (51.2) (5.7) (5.2) (6.4) (8.3) (6.8) (7.4) (6.1) (18.8) (7.6) (5.1) (7.1) (15.6) (4.8) (4.1) (3.4) (10.6) (11.7) (1.8) (0.7) (6.5) 0.8 (2.0) (0.6) 18.4 (27.0) (0.9) (1.0) (0.1) (0.3) (0.1)
Depreciation & Amortization 2.3 1.5 1.3 1.1 1.0 1.3 0.9 1.0 0.8 1.2 0.9 0.8 0.8 1.5 1.5 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.5 0.0 0 0 0.0 0.0 0.0
Stock-Based Compensation 0 2.5 3.1 1.8 1.4 3.1 0.8 0.7 1.3 0.6 1.0 1.6 0.8 9.5 1.2 0.3 3.0 2.5 3.0 2.5 2.2 3.4 6.6 0.2 1.0 0 (1.3) 1.5 0.1 (20.0) 24.2 0 0 0 0 0
Change in Working Capital (5.7) (6.4) (6.3) (0.6) (0.2) 1.2 (0.7) (0.5) 0.3 1.5 0.3 0.1 0.3 1.6 0.6 0.1 (0.0) 0.4 (0.4) 0.5 (0.3) 0.0 (0.1) 0.2 0.1 0.1 (0.0) 0.0 0.1 (0.1) 0.1 (0.0) (0.0) (0.0) 0.2 (0.1)
Other Non-Cash Items (2.0) (7.0) (9.2) 28.1 (23.6) 41.9 0.2 0.0 0.1 2.5 0.2 0.3 (0.1) 0.1 0 (0.3) 0 10.7 0 0 0 1.1 2.2 (0.7) (0.6) 5.7 (0.0) 0.0 0 (0.1) 2.1 0.4 1.0 0.0 0.2 0.0
Operating Cash Flow (9.4) (11.0) (8.7) (6.1) (4.4) (3.8) (4.6) (4.0) (3.8) (5.3) (4.4) (4.6) (4.3) (6.0) (4.3) (4.8) (4.2) (1.9) (2.2) (1.2) (1.5) (6.1) (3.0) (2.1) (0.3) (0.7) (0.6) (0.5) (0.4) (1.2) (0.7) (0.4) (0.0) (0.1) 0.1 (0.1)
Investing Activities
Capital Expenditure (1.8) (1.2) (2.8) (1.0) (1.7) (2.9) (0.5) (1.1) (1.6) 0.0 (1.6) (0.2) (0.4) 0.3 (0.2) (0.0) (0.0) (0.0) (0.0) 0 (0.0) (0.0) 0 0 (0.0) (0.0) (0.0) 0 0 0.7 (0.5) (0.2) 0 0.0 0.0 0.1
Acquisitions (99.9) 0 0 0 0 0 0 0 0 0 0 0 0 (1.4) 0 (1.4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (710.7) (737.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 338.2 416.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 (0.0) (460.6) 0 0 0 0 0 0 0.1 0 (0.5) 0 85.1 0.0 1.2 (1.2) (0.0) 0 (0.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0)
Investing Cash Flow (474.3) (322.2) (463.4) (1.0) (1.7) (2.9) (0.5) (1.1) (1.6) 0.1 (1.6) (0.7) (0.4) 84.0 (0.1) (0.1) (1.2) (0.0) (0.0) (0.0) (0.0) (0.0) 0 0 (0.0) (0.0) (0.0) 0 0 0.7 (0.5) (0.2) 0 0 0 (0.0)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 7.0 0 (2.1) (2.2) (2.1) (1.9) 0 (0.0) 8.0 0 0 (0.2) 0 (0.2) 0 (1.6) (0.2) 0.5 (0.1) 0.5 (2.0) (0.0) 0 (0.1) 2.5 0.5 0.5 0 (0.1) 0.0
Stock Repurchased 0 0 0 0 0 0 (1.4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 (0.2) (0.9) (0.2) (0.2) (0.2) (0.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 0 0.9 1.4 0.0 (8.2) 0 0 0 0.9 0 0 0 0.8 (83.1) 0.1 0.2 0.2 0 0 0 0 0.1 0 0 0 0 0 0 (0.2) (0.1) 0 0 0 0 0.0
Financing Cash Flow 3.5 718.6 475.8 189.5 93.6 82.5 5.6 1.5 9.5 (0.1) 6.2 5.8 6.1 (83.1) 8.0 0.1 0.2 8.3 (0.0) 0.0 0.1 17.3 6.5 2.4 0.4 0.5 0.1 (0.0) 0 0.6 2.5 0.5 0.5 0 (0.1) (0.0)
Cash Position
Net Change in Cash (480.2) 385.4 3.7 182.3 87.5 75.9 0.5 (3.6) 4.0 (5.3) 0.2 0.4 1.5 (5.1) 3.6 (4.8) (5.2) 6.3 (2.2) (1.1) (1.4) 11.2 3.5 0.3 0.1 (0.2) (0.5) (0.5) (0.4) 0.1 1.4 (0.1) 0.4 (0.1) 0 0
Cash at Beginning 737.9 352.4 348.8 166.4 78.9 3.1 2.5 6.1 2.1 7.4 7.2 6.8 5.3 10.4 6.7 11.5 16.7 10.4 12.6 13.8 15.2 4.0 0.5 0.2 0.1 0.3 0.8 1.3 1.8 1.7 0.3 0.4 0.1 0.1 0 0
Cash at End 257.7 737.9 352.4 348.8 166.4 78.9 3.1 2.5 6.1 2.1 7.4 7.2 6.8 5.3 10.4 6.7 11.5 16.7 10.4 12.6 13.8 15.2 4.0 0.5 0.2 0.1 0.3 0.8 1.3 1.8 1.7 0.3 0.4 0.0 0.0 0.0
Free Cash Flow (11.2) (12.2) (11.5) (7.1) (6.2) (6.6) (5.1) (5.1) (5.4) (5.3) (6.0) (4.8) (4.7) (5.7) (4.4) (4.8) (4.2) (2.0) (2.2) (1.2) (1.5) (6.1) (3.0) (2.1) (0.3) (0.7) (0.6) (0.5) (0.4) (0.5) (1.1) (0.7) (0.0) (0.1) 0.1 0
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2012 Q4 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3
Income Statement
Revenue 3.7 0.2 0.4 0.1 0.0 0.1 0.1 0.2 0.0 0.1 0.1 0.1 0.1 0.0 0.0 0.1 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.7 0.7 0.9 0.9 0.9 0.8 1.1
Gross Profit (0.7) (0.1) 0.1 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.1 0.1 (0.0) 0.0 0.1 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) 0 0 0.2 0.1 0.4 0.1 0.3 0.2 0.3
Operating Income (20.6) (22.2) (10.4) (10.2) (8.3) (8.9) (5.4) (5.3) (6.3) (7.9) (6.6) (7.0) (6.1) (18.2) (6.8) (4.8) (6.7) (4.6) (4.8) (4.3) (3.4) (6.0) (8.7) (0.9) (1.7) (0.8) 0.8 (2.0) (0.6) (4.5) (24.7) (0.4) (0.3) (0.1) (0.1) (0.0) (0.0) (0.0) (0.3) (0.1)
Net Income (4.0) (1.6) 2.4 (36.5) 17.0 (51.2) (5.7) (5.2) (6.4) (8.3) (6.8) (7.4) (6.1) (18.8) (7.6) (5.1) (7.1) (15.6) (4.8) (4.1) (3.4) (10.6) (11.7) (1.8) (0.7) (6.5) 0.8 (2.0) (0.6) (9.2) (27.0) (0.9) (1.0) 0.2 (0.1) (0.0) 0.2 (0.0) (0.3) (0.1)
EPS (Diluted) -0.02 -0.01 0.01 -0.26 0.11 -0.55 -0.06 -0.06 -0.08 -0.09 -0.10 -0.12 -0.11 -0.34 -0.11 -0.11 -0.19 -0.54 -0.16 -0.14 -0.12 -0.62 -0.68 -0.21 -0.09 -0.83 0.10 -0.38 -0.13 -1.94 -4.56 -0.80 -1.06 0.56 -0.17 -0.04 0.61 -0.03 -0.95 -0.38
Balance Sheet
Cash & Equivalents 257.7 737.9 352.4 348.8 166.4 78.9 3.1 2.5 6.1 2.1 7.4 7.2 6.8 5.3 10.4 6.7 11.5 16.7 10.4 12.6 13.8 15.2 4.0 0.5 0.2 0.1 0.3 0.8 1.3 1.8 1.7 0.3 0.4 0.1 0.0 0.1 0.1 0.1 0.0
Total Assets 1,620.5 1,618.9 898.2 426.1 242.5 153.6 76.8 76.0 79.2 74.4 89.3 88.6 89.5 78.5 95.3 91.9 13.3 17.3 11.1 12.9 14.1 15.3 4.0 0.5 0.2 0.1 0.3 0.8 1.4 1.8 2.4 0.6 0.5 0.4 0.4 0.5 0.6 0.7 1.1
Total Debt 3.7 1.8 2.6 2.2 1.1 1.2 7.8 0.7 0.8 2.8 5.7 7.7 9.5 10.2 9.3 0.0 0.0 0.0 0.0 0.0 0.2 0.2 1.8 2.0 1.5 1.6 1.1 3.1 3.2 3.2 3.5 1.2 0.8 0.0 0.3 0.3 0.3 0.3 0.4
Stockholders' Equity 1,597.2 1,598.3 877.9 396.0 220.8 107.3 65.9 72.4 67.6 68.7 81.2 76.9 76.9 65.1 84.2 90.6 12.3 16.2 10.3 12.1 13.5 14.6 0.6 (3.0) (2.2) (2.8) (0.9) (2.4) (2.0) (1.5) (1.2) (0.6) (0.0) (0.6) (0.8) (0.8) (0.8) (1.0) (0.7)
Cash Flow
Operating Cash Flow (9.4) (11.0) (8.7) (6.1) (4.4) (3.8) (4.6) (4.0) (3.8) (5.3) (4.4) (4.6) (4.3) (6.0) (4.3) (4.8) (4.2) (1.9) (2.2) (1.2) (1.5) (6.1) (3.0) (2.1) (0.3) (0.7) (0.6) (0.5) (0.4) (1.2) (0.7) (0.4) (0.0) (0.1) 0.1 (0.1)
Capital Expenditure (1.8) (1.2) (2.8) (1.0) (1.7) (2.9) (0.5) (1.1) (1.6) 0.0 (1.6) (0.2) (0.4) 0.3 (0.2) (0.0) (0.0) (0.0) (0.0) 0 (0.0) (0.0) 0 0 (0.0) (0.0) (0.0) 0 0 0.7 (0.5) (0.2) 0 0.0 0.0 0.1
Free Cash Flow (11.2) (12.2) (11.5) (7.1) (6.2) (6.6) (5.1) (5.1) (5.4) (5.3) (6.0) (4.8) (4.7) (5.7) (4.4) (4.8) (4.2) (2.0) (2.2) (1.2) (1.5) (6.1) (3.0) (2.1) (0.3) (0.7) (0.6) (0.5) (0.4) (0.5) (1.1) (0.7) (0.0) (0.1) 0.1 0