Quantum Computing Inc. balance sheet
At the end of fiscal 2025, Quantum Computing Inc. had total assets of $1.62bn, total liabilities of $20.7m and shareholders' equity of $1.60bn. It held $738m in cash against $0 of debt.
Balance sheet
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Cash and equivalents | 5 | 2 | 79 | 738 | 189 |
| Receivables | 0 | 0 | 0 | 1 | 7 |
| Inventory | — | 0 | 0 | 0 | 13 |
| Total current assets | 5 | 3 | 79 | 1,134 | 988 |
| Goodwill | 56 | 56 | 56 | 56 | 181 |
| Total assets | 79 | 74 | 154 | 1,619 | 1,639 |
| Accounts payable | 1 | 1 | 1 | 1 | 4 |
| Deferred revenue (current) | — | 0 | 0 | 0 | 4 |
| Total current liabilities | 5 | 5 | 5 | 11 | 19 |
| Short-term debt | 1 | 2 | — | — | — |
| Long-term debt | 8 | — | — | — | — |
| Total debt | 8 | 2 | 0 | 0 | 0 |
| Total liabilities | 13 | 6 | 46 | 21 | 47 |
| Shareholders' equity | 65 | 69 | 107 | 1,598 | 1,592 |
| Shares outstanding | — | 77m | — | — | 226m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 0 | 0 | 0 | 0 | 0 | 1 | 4 | 7 |
| Inventory | 0 | 0 | 0 | 0 | 1 | 0 | 4 | 13 |
| Total current assets | 4 | 79 | 167 | 350 | 563 | 1,134 | 1,005 | 988 |
| Goodwill | 56 | 56 | 56 | 56 | 56 | 56 | 147 | 181 |
| Total assets | 77 | 154 | 243 | 426 | 898 | 1,619 | 1,621 | 1,639 |
| Accounts payable | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 4 |
| Deferred revenue (current) | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 4 |
| Total current liabilities | 2 | 5 | 4 | 4 | 4 | 11 | 15 | 19 |
| Total liabilities | 11 | 46 | 22 | 30 | 20 | 21 | 23 | 47 |
| Shareholders' equity | 60 | 107 | 221 | 396 | 878 | 1,598 | 1,597 | 1,592 |
| Non-controlling interests and other (assets − liabilities − equity) | 5 | — | — | — | — | — | — | — |
| Shares outstanding | 94m | 129m | 137m | 158m | 187m | 224m | 225m | 226m |
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