QUBT: Quantum Computing Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Quantum Computing Inc (QUBT).
$1.64B Market Cap.
QUBT Market Cap. (MRY)
QUBT Shares Outstanding (MRY)
QUBT Assets (MRY)
Total Assets
$153.56M
Total Liabilities
$46.27M
Total Investments
$0
QUBT Income (MRY)
Revenue
$373.00K
Net Income
-$68.54M
Operating Expense
$26.05M
QUBT Cash Flow (MRY)
CF Operations
-$16.21M
CF Investing
-$6.04M
CF Financing
$99.14M
QUBT Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $153,559,000 (106.52%) | $74,355,000 (-5.29%) | $78,511,000 (354.24%) | $17,284,196 (13.20%) |
Assets Current | $79,151,000 (2880.08%) | $2,656,000 (-51.27%) | $5,450,000 (-68.35%) | $17,221,655 (13.02%) |
Assets Non-Current | $74,408,000 (3.78%) | $71,699,000 (-1.86%) | $73,061,000 (116720.97%) | $62,541 (102.03%) |
Goodwill & Intangible Assets | $64,545,000 (-4.59%) | $67,649,000 (-4.39%) | $70,753,000 (0%) | $0 (0%) |
Shareholders Equity | $107,287,000 (56.16%) | $68,703,000 (5.50%) | $65,124,000 (501.95%) | -$16,201,898 (-211.16%) |
Property Plant & Equipment Net | $9,734,000 (148.25%) | $3,921,000 (74.42%) | $2,248,000 (3682.47%) | $59,432 (91.99%) |
Cash & Equivalents | $78,945,000 (3734.14%) | $2,059,000 (-61.21%) | $5,308,000 (-68.29%) | $16,738,657 (10.15%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $79,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $279,000 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $279,000 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $18,000 (-75.34%) | $73,000 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $27,000 (-58.46%) | $65,000 (400.00%) | $13,000 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $1,372,000 (-6.16%) | $1,462,000 (67.66%) | $872,000 (87.58%) | $464,870 (26.77%) |
Accumulated Retained Earnings (Deficit) | -$200,482,000 (-51.95%) | -$131,940,000 (-26.80%) | -$104,057,000 (-27.84%) | -$81,394,081 (-52.15%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $1,181,000 (-57.29%) | $2,765,000 (-66.55%) | $8,266,000 (45608.91%) | $18,084 (-91.72%) |
Debt Current | $0 (0%) | $1,925,000 (0%) | $0 (0%) | $18,084 (-91.72%) |
Debt Non-Current | $1,181,000 (40.60%) | $840,000 (-89.84%) | $8,266,000 (0%) | $0 (0%) |
Total Liabilities | $46,272,000 (718.68%) | $5,652,000 (-57.78%) | $13,387,000 (1136.91%) | $1,082,298 (56.13%) |
Liabilities Current | $4,559,000 (-5.26%) | $4,812,000 (4.77%) | $4,593,000 (324.37%) | $1,082,298 (56.13%) |
Liabilities Non-Current | $41,713,000 (4865.83%) | $840,000 (-90.45%) | $8,794,000 (0%) | $0 (0%) |
QUBT Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $373,000 (4.19%) | $358,000 (163.24%) | $136,000 (0%) | $0 (0%) |
Cost of Revenue | $261,000 (33.16%) | $196,000 (221.31%) | $61,000 (0%) | $0 (0%) |
Selling General & Administrative Expense | $14,731,000 (-15.89%) | $17,514,000 (-25.49%) | $23,504,000 (74.53%) | $13,467,396 (-4.62%) |
Research & Development Expense | $11,318,000 (27.30%) | $8,891,000 (70.46%) | $5,216,000 (101.72%) | $2,585,796 (67.96%) |
Operating Expenses | $26,049,000 (-1.35%) | $26,405,000 (-8.06%) | $28,720,000 (67.66%) | $17,130,093 (-1.23%) |
Interest Expense | $2,496,000 (55.81%) | $1,602,000 (107.51%) | $772,000 (-92.98%) | $10,994,503 (12.24%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$68,542,000 (-153.65%) | -$27,022,000 (-4.02%) | -$25,978,000 (6.89%) | -$27,898,847 (-12.79%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$68,542,000 (-153.65%) | -$27,022,000 (-4.02%) | -$25,978,000 (6.89%) | -$27,898,847 (-12.79%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $861,000 (-3.15%) | $889,000 (0%) | $0 (0%) |
Net Income Common Stock | -$68,542,000 (-145.82%) | -$27,883,000 (-3.78%) | -$26,867,000 (3.70%) | -$27,898,847 (-12.79%) |
Weighted Average Shares | $93,881,000 (40.94%) | $66,611,000 (81.60%) | $36,680,000 (25.80%) | $29,156,815 (4.26%) |
Weighted Average Shares Diluted | $93,881,000 (40.94%) | $66,611,000 (81.60%) | $36,680,000 (25.80%) | $29,156,815 (4.26%) |
Earning Before Interest & Taxes (EBIT) | -$66,046,000 (-159.82%) | -$25,420,000 (-0.85%) | -$25,206,000 (-49.11%) | -$16,904,344 (-13.16%) |
Gross Profit | $112,000 (-30.86%) | $162,000 (116.00%) | $75,000 (0%) | $0 (0%) |
Operating Income | -$25,937,000 (1.17%) | -$26,243,000 (8.39%) | -$28,645,000 (-67.22%) | -$17,130,093 (1.23%) |
QUBT Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$6,036,000 (-131.09%) | -$2,612,000 (-17.34%) | -$2,226,000 (-9793.33%) | -$22,500 (-87.92%) |
Net Cash Flow from Financing | $99,135,000 (460.78%) | $17,678,000 (186.38%) | $6,173,000 (-26.41%) | $8,387,879 (-68.52%) |
Net Cash Flow from Operations | -$16,213,000 (11.48%) | -$18,315,000 (-19.10%) | -$15,378,000 (-125.38%) | -$6,823,044 (40.88%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $76,886,000 (2466.45%) | -$3,249,000 (71.58%) | -$11,431,000 (-841.15%) | $1,542,335 (-89.78%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | -$1,356,000 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | -$500,000 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$6,036,000 (-185.80%) | -$2,112,000 (-142.76%) | -$870,000 (-4386.62%) | -$19,391 (-61.96%) |
Issuance (Repayment) of Debt Securities | -$3,318,000 (46.37%) | -$6,187,000 (-188.89%) | $6,960,000 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $106,766,000 (331.73%) | $24,730,000 (0%) | $0 (0%) | $8,606,250 (-69.31%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $5,805,000 (27.44%) | $4,555,000 (-60.98%) | $11,673,000 (14.40%) | $10,203,853 (-8.71%) |
Depreciation Amortization & Accretion | $3,798,000 (14.85%) | $3,307,000 (77.51%) | $1,863,000 (20604.60%) | $8,998 (36.07%) |
QUBT Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 30.00% (-33.77%) | 45.30% (-17.79%) | 55.10% | - |
Profit Margin | -18375.90% (-135.94%) | -7788.50% (60.57%) | -19755.10% | - |
EBITDA Margin | -16688.50% (-170.18%) | -6176.80% (64.01%) | -17164.00% | - |
Return on Average Equity (ROAE) | -91.10% (-148.23%) | -36.70% (13.85%) | -42.60% (92.48%) | -566.80% (42.72%) |
Return on Average Assets (ROAA) | -71.10% (-118.10%) | -32.60% (15.32%) | -38.50% (80.90%) | -201.60% (59.15%) |
Return on Sales (ROS) | -17706.70% (-149.37%) | -7100.60% (61.69%) | -18533.80% | - |
Return on Invested Capital (ROIC) | -893.80% (60.28%) | -2250.50% (-49.45%) | -1505.90% (-126.47%) | 5689.50% (306.13%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -22.67 (-942.82%) | -2.17 (-5.13%) | -2.07 (41.78%) | -3.55 (77.85%) |
Price to Sales Ratio (P/S) | 4,165.5 (2351.81%) | 169.9 (-58.28%) | 407.26 | - |
Price to Book Ratio (P/B) | 15.29 (1431.56%) | 1 (-19.26%) | 1.24 (120.14%) | -6.14 (-135.63%) |
Debt to Equity Ratio (D/E) | 0.43 (425.61%) | 0.08 (-60.19%) | 0.21 (407.46%) | -0.07 (-239.58%) |
Earnings Per Share (EPS) | -0.73 (-73.81%) | -0.42 (42.47%) | -0.73 (23.96%) | -0.96 (-9.09%) |
Sales Per Share (SPS) | 0 (-20.00%) | 0.01 (25.00%) | 0 (0%) | 0 (0%) |
Free Cash Flow Per Share (FCFPS) | -0.24 (22.80%) | -0.31 (30.70%) | -0.44 (-88.51%) | -0.23 (43.10%) |
Book Value Per Share (BVPS) | 1.14 (10.86%) | 1.03 (-41.92%) | 1.77 (419.24%) | -0.56 (-206.72%) |
Tangible Assets Book Value Per Share (TABVPS) | 0.95 (838.61%) | 0.1 (-52.36%) | 0.21 (-64.25%) | 0.59 (8.61%) |
Enterprise Value Over EBIT (EV/EBIT) | -25 (-733.33%) | -3 (0.00%) | -3 (40.00%) | -5 (70.59%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -26.42 (-774.00%) | -3.02 (11.19%) | -3.4 (35.38%) | -5.27 (68.39%) |
Asset Turnover | 0 (0.00%) | 0 (100.00%) | 0 (0%) | 0 (0%) |
Current Ratio | 17.36 (3045.11%) | 0.55 (-53.50%) | 1.19 (-92.54%) | 15.91 (-27.61%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$22,249,000 (-8.92%) | -$20,427,000 (-25.72%) | -$16,248,000 (-137.46%) | -$6,842,435 (40.77%) |
Enterprise Value (EV) | $1,644,628,178 (2359.86%) | $66,858,522 (-15.85%) | $79,452,557 (-10.74%) | $89,011,074 (-64.23%) |
Earnings Before Tax (EBT) | -$68,542,000 (-153.65%) | -$27,022,000 (-4.02%) | -$25,978,000 (6.89%) | -$27,898,847 (-12.79%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$62,248,000 (-181.50%) | -$22,113,000 (5.27%) | -$23,343,000 (-38.16%) | -$16,895,346 (-13.15%) |
Invested Capital | $6,691,000 (157.35%) | $2,600,000 (-57.54%) | $6,123,000 (1280.51%) | -$518,675 (-28.67%) |
Working Capital | $74,592,000 (3559.74%) | -$2,156,000 (-351.58%) | $857,000 (-94.69%) | $16,139,357 (10.97%) |
Tangible Asset Value | $89,014,000 (1227.38%) | $6,706,000 (-13.56%) | $7,758,000 (-55.12%) | $17,284,196 (13.20%) |
Market Capitalization | $1,639,881,178 (2291.50%) | $68,571,298 (-14.80%) | $80,485,726 (-19.05%) | $99,424,739 (-60.39%) |
Average Equity | $75,212,750 (-0.97%) | $75,950,628 (20.48%) | $63,037,730 (1180.74%) | $4,921,963 (96.93%) |
Average Assets | $96,380,000 (12.77%) | $85,465,604 (22.52%) | $69,754,542 (404.10%) | $13,837,367 (176.09%) |
Invested Capital Average | $7,389,750 (554.23%) | $1,129,530 (-32.52%) | $1,673,817 (663.36%) | -$297,115 (72.14%) |
Shares | 99,086,476 (31.94%) | 75,097,249 (40.89%) | 53,301,805 (82.81%) | 29,156,815 (63.89%) |
