Quantum Computing Inc

Quantum Computing Inc

QUBT · NASDAQ · Technology / Computer Hardware

5.56USD-0.26 (-4.47%)

Price History

Full chart

Market Stats

Previous Close5.82
Open5.80
Day Range5.39 – 5.81
52-Week Range5.39 – 14.45
Volume8.44M
Market Cap1.40B
P/E (TTM)0.00
Forward P/E0.00
EPS-0.13
Dividend Yield0.00%
Beta3.92
50-Day Avg7.49
200-Day Avg8.55

About

Quantum Computing Inc., an integrated photonics company, provides quantum machines to commercial and government markets in the United States. The company develops thin-film lithium niobate chips for optical devices, such as electro-optical modulators, periodically poled devices for frequency conversion, and micro-ring resonator cavities markets. It is also developing the entropy quantum computer (EQC), a quantum application of Core Photonics Technology, designed to solve complex optimization problems. In addition, the company offers Emucore, a reservoir computing machine that can be reprogrammed after manufacturing and optimized for recurrent neural network applications; Neurawave, a photonics based reservoir computer; LiDAR, which allows machines to see through dense fog and provide image fidelity at great distances in environments, such as snow, ice, and water; the quantum photonic vibrometer, an instrument for remote vibration detection, sensing, and inspection; and quantum networks and quantum authentication products. The company was formerly known as Innovative Beverage Group Holdings, Inc. Quantum Computing, Inc. was founded in 2001 and is based in Hoboken, New Jersey.

Company Details

  • SectorTechnology
  • IndustryComputer Hardware
  • CEODr. Yuping Huang Ph.D.
  • Employees72
  • Headquarters5 Marine View Plaza, Hoboken, NJ, United States, 07030, USA
  • Websitehttps://www.quantumcomputinginc.com

Leadership

  • Dr. Yuping Huang Ph.D.CEO, President & Chairman · b. 1980
  • Mr. Christopher Bruce RobertsCFO, Principal Financial & Accounting Officer and General Counsel · b. 1956
  • Dr. Milan Begliarbekov Ph.D.Chief Operating Officer · b. 1985
  • Mr. Yong Meng Sua Ph.D.Chief Technology Officer
  • Ms. Carly SaxtonVice President of Human Resources
  • Dr. Pouya Dianat Ph.D.Chief Product Officer · b. 1986
  • Ms. Susan G. HuntChief Revenue Officer · b. 1962

Financials

Income Statement

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.13M5.56M3.86M3.48M3.37M000031.24K135.65K358.00K373.00K682.00K
Growth (%)-+160.62%-30.53%-9.89%-3.26%-100.00%----+334.21%+163.92%+4.19%+82.84%
Cost of Revenue1.29M3.20M2.61M2.56M2.23M01172.64K6.61K9.00K60.93K196.00K261.00K615.00K
Gross Profit839.59K2.35M1.25M919.94K1.13M0-117-2.64K-6.61K-9.00K74.71K162.00K112.00K67.00K
Gross Margin39.37%42.36%32.41%26.44%33.72%-----28.80%55.08%45.25%30.03%9.82%
Operating Expense4.81M4.23M2.19M1.03M1.14M175.00K5.80M2.55M17.34M17.12M36.65M26.41M26.05M51.14M
Operating Income-3.98M-1.88M-934.05K-107.52K-3.32K-175.00K-5.80M-2.55M-17.34M-17.13M-36.58M-26.24M-25.94M-51.08M
Operating Margin-186.41%-33.79%-24.19%-3.09%-0.10%-----54833.84%-26966.37%-7330.45%-6953.62%-7489.30%
EBITDA---927.10K179.92K257.89K-175.00K-6.42M-2.54M-18.72M-17.12M-23.34M-22.11M-62.25M-13.67M
EBITDA Margin---24.01%5.17%7.66%-----54805.04%-17208.51%-6176.82%-16688.47%-2003.81%
Net Income-4.20M-1.94M-1.00M131.44K221.73K-175.00K-10.51M-8.38M-24.73M-27.90M-38.59M-27.02M-68.54M-18.67M
Net Income Margin-196.95%-34.98%-25.93%3.78%6.59%-----89304.89%-28451.36%-7548.04%-18375.87%-2738.12%
R&D--250.64K250.64K-250.64K250.64K891.13K1.54M2.59M4.56M8.89M11.32M20.47M
R&D as % of Total Revenue--6.49%7.20%-----8277.20%3362.96%2483.52%3034.32%3001.91%
Interest Expense0067.93K44.92K32.70K04.08M5.84M6.01M10.99M2.06M1.60M2.50M65.00K
Interest Expense % of Total Revenue0.00%0.00%1.76%1.29%0.97%----35193.67%1519.56%447.49%669.17%9.53%

Balance Sheet

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets976.22K1.55M602.45K408.37K395.30K-1.90M148.25K15.27M17.28M78.51M74.36M153.56M1.62B
Total Liabilities1.61M1.63M1.63M1.25M987.51K1.50K3.31M2.96M693.21K1.08M13.39M5.65M46.27M20.66M
Total Equity-636.78K-85.42K-1.02M-846.54K-592.21K-1.50K-1.42M-2.81M14.57M16.20M65.12M68.70M107.29M1.60B
Cash466.15K306.24K14.15K6.39K95.09K-1.77M101.10K15.20M16.74M5.31M2.06M78.94M737.88M
Total Debt--271.97K271.97K14.23K-3.17M1.61M218.37K18.08K10.16M2.77M1.18M1.81M
Net Debt--257.83K265.58K-80.86K-1.40M1.51M-14.98M-16.72M4.85M706.00K-77.76M-736.07M

Cash Flow

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-191.68K-582.00K-187.34K-7.76K358.85K-2.36M-2.36M-2.24M-11.54M-6.82M-17.56M-18.32M-16.21M-30.29M
Investing Cash Flow-8.76K-1.73K-7.01K-7.01K-12.40K-7.01K-7.01K-21.34K-11.97K-22.50K-2.23M-2.61M-6.04M-788.33M
Financing Cash Flow587.78K423.82K-104.75K4.13M-257.75K4.13M4.13M599.04K26.65M8.39M8.35M17.68M99.14M1.48B
Capital Expenditure8.76K1.73K7.01K7.01K12.40K7.01K7.01K21.34K11.97K19.39K869.69K2.11M6.04M6.69M
Free Cash Flow---187.34K-7.76K346.45K--2.37M-2.27M-11.55M-6.82M-18.43M-20.43M-22.25M-36.98M
Dividends Paid---------117.45K102.39K865.00K215.00K0
FCF to OCF--100.00%100.00%96.54%-100.30%100.95%100.10%100.02%104.95%111.53%137.23%122.08%
Dividend Paid to FCF----------1.72%-0.56%-4.23%-0.97%0.00%

Earnings

Report DateMar 31, 2010Jun 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Dec 31, 2012Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Aug 2, 2019Nov 13, 2019Mar 27, 2020May 12, 2020Aug 10, 2020Nov 13, 2020Mar 18, 2021May 13, 2021Aug 16, 2021Nov 5, 2021Mar 15, 2022May 23, 2022Aug 15, 2022Nov 14, 2022Mar 29, 2023May 12, 2023Aug 14, 2023Nov 13, 2023Jan 11, 2024Jun 11, 2024Sep 30, 2024Oct 2, 2024Mar 31, 2025May 15, 2025Aug 14, 2025Nov 14, 2025Mar 3, 2026May 11, 2026Aug 10, 2026Nov 9, 2026Nov 13, 2026
EPS Estimate--------0.00--------------0.14-0.15-0.16-0.16-0.19-0.16-0.14-0.10-0.11-0.10-0.10-0.08-0.08-0.08-0.05-0.07-0.06-0.05-0.04-0.05-0.05-0.08-0.07
EPS Actual-1.08-0.45-0.95-0.030.61-0.04-0.170.56-1.06-0.80-4.5616.16-0.13-0.38-0.380.10-0.88-0.09-0.20-0.68-0.38-0.12-0.14-0.16-0.54-0.24-0.17-0.22-0.14-0.14-0.07-0.11-0.11-0.08-0.06-0.06-0.47-0.04-0.060.07-0.04-0.03-0.05-0.07-
Surprise----------------------0.00%-6.67%-237.50%-50.00%10.53%-37.50%0.00%-40.00%36.36%-10.00%-7.20%0.00%25.00%25.00%-844.20%42.86%0.00%240.00%1.25%40.00%0.00%12.50%-
Timing--------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap1.40B
Enterprise Value552.77M
Trailing P/E0.00
Forward P/E0.00
Price / Sales73.93
Price / Book0.91
EPS-0.13
Book Value6.96
Revenue (TTM)18.94M
Gross Profit (TTM)-1.56M
EBITDA-75.04M
Profit Margin-171.62%
Operating Margin-454.40%
Return on Equity-2.65%
Return on Assets-4.26%
Shares Outstanding226.93M
Shares Float201.16M
Beta3.92
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 6 analystsTarget 18.00
  • Strong Buy
    4
  • Hold
    2

Ownership Breakdown

Institutions
48.76%
Insiders
12.13%
Retail / Other
39.11%

Top Institutional Holders

  • BlackRock Inc
    17.73M7.83%
  • Vanguard Capital Management, LLC
    8.85M3.91%
  • Defiance ETFs, LLC
    7.03M3.11%
  • Penserra Capital Management, LLC
    6.98M3.08%
  • Vanguard Portfolio Management, LLC
    6.57M2.90%
  • Geode Capital Management, LLC
    5.32M2.35%
  • State Street Corp
    4.92M2.17%
  • Morgan Stanley - Brokerage Accounts
    3.29M1.45%
  • Marex Group Ltd
    2.30M1.02%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    2.27M1.00%
  • UBS Group AG
    2.05M0.90%
  • Bank of New York Mellon Corp
    1.98M0.87%
  • Northern Trust Corp
    1.82M0.80%

Top Fund Holders

  • Defiance Quantum ETF
    6.93M3.06%
  • Vanguard MStar Total Stk Mkt Idx Invest
    6.49M2.87%
  • iShares Russell 2000 ETF
    5.21M2.30%
  • Vanguard Information Technology ETF
    5.08M2.25%
  • Global X Artfcl Intlgc & Tech ETF
    3.58M1.58%
  • VanEck Quantum Cmptg ETF A USD Acc
    2.34M1.03%
  • Fidelity Small Cap Index
    2.26M1.00%

Stock Splits

  • Jul 3, 20181:200
  • Aug 29, 20071:100