INFQ
Infleqtion, Inc.
Company overview
- Market capitalization
- —
- Employees
- 203
- Latest publication
- 2026-09-29
About Infleqtion, Inc.
Infleqtion, Inc. engages in the development and commercialization of quantum technology products in the United States, Europe, and Asia. It delivers neutral atom solutions for quantum computing, networking, sensing, and security. The company offers quantum sensing, quantum computing and software; quantum clocks and quantum RF sensors; and quantum inertial and gravimetric sensors for GPS-denied environments. It also offers quantum computing; contextual machine learning; quantum software; tiqker atomic clock; quantum RF receiver; inertial sensing; and quantum cores products, as well as quantum optical clocks, RF receivers, and inertial sensors. In addition, the company offers solutions for national security and resilience, space and frontier, energy and resource exploration, ai and ml, life sciences and drug discovery, materials science, and finance. It serves organizations in national security, critical national infrastructure, scientific discovery, advanced computing, space, defense, energy, finance, and telecommunications sectors. The company was formerly known as ColdQuanta, Inc. and changed its name to Infleqtion, Inc. in January 2026. The company was founded in 2007 and is headquartered in Louisville, Colorado.
Financial statements
Income Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q2 20242024-06-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 13,538,000USD | 9,461,000USD | 32,464,000USD | — | — | 8,303,000USD | 9,255,000USD | — |
| Cost Of Revenue | 11,371,000USD | 7,470,000USD | 20,651,000USD | — | — | 4,926,000USD | 4,168,000USD | — |
| Gross Profit | 2,167,000USD | 1,991,000USD | 11,813,000USD | — | — | 3,377,000USD | 5,087,000USD | — |
| Research Development | 12,675,000USD | 9,951,000USD | 24,089,000USD | — | — | 5,167,000USD | 4,650,000USD | — |
| Selling General Administrative | 19,818,000USD | 26,320,000USD | 25,343,000USD | 1,234,544USD | 185,232USD | 18,200USD | 6,414,000USD | 7,230USD |
| Total Operating Expenses | 32,025,000USD | 35,566,000USD | — | 7,279,530USD | 185,232USD | 18,200USD | 11,852,000USD | 7,230USD |
| Operating Income | -29,858,000USD | -33,575,000USD | — | -7,279,530USD | -185,232USD | -18,200USD | -6,765,000USD | -7,230USD |
| Total Other Income Expense Net | 5,163,000USD | 3,312,000USD | — | -26,105,281USD | 2,158,518USD | 609,000USD | -1,506,000USD | — |
| Income Before Tax | -24,695,000USD | -30,263,000USD | — | -33,384,811USD | 1,973,286USD | -18,200USD | -8,271,000USD | -7,230USD |
| Income Tax Expense | 0USD | 0USD | — | — | — | — | -5,000USD | — |
| Net Income | -24,695,000USD | -30,263,000USD | -31,795,000USD | -33,384,811USD | 1,973,286USD | -18,200USD | -8,266,000USD | -7,230USD |
| Unclassified Operating Expenses | — | — | — | 6,044,986USD | — | -5,167,000USD | — | — |
| Ebitda | — | — | — | -7,279,530USD | -185,232USD | -18,200USD | -5,635,000USD | -7,230USD |
| Interest Income | — | — | — | — | — | 356,000USD | 193,000USD | — |
| Net Interest Income | — | — | — | — | — | 356,000USD | 193,000USD | — |
| Tax Provision | — | — | — | — | — | 0USD | -5,000USD | — |
| Net Income From Continuing Ops | — | — | — | — | — | -5,985,000USD | -8,266,000USD | — |
| Reconciled Depreciation | — | — | — | — | — | 701,000USD | 795,000USD | — |
| Selling And Marketing Expenses | — | — | — | — | — | — | 717,000USD | — |
| Ebit | — | — | — | — | — | — | -6,430,000USD | — |
| Depreciation And Amortization | — | — | — | — | — | — | 795,000USD | — |
| Source | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosurePreliminaryAmendment | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Income Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD |
|---|---|---|---|
| Selling General Administrative | 1,990,219USD | 51,910USD | 22,871,000USD |
| Total Operating Expenses | 1,990,219USD | 51,910USD | 60,233,000USD |
| Operating Income | -1,990,219USD | -51,910USD | -55,797,000USD |
| Income Before Tax | -66,931,068USD | -51,910USD | -52,766,000USD |
| Net Income | -66,931,068USD | -51,910USD | -52,766,000USD |
| Ebitda | -1,990,219USD | -51,910USD | -53,663,000USD |
| Total Other Income Expense Net | -64,940,848USD | -758,000USD | 3,031,000USD |
| Total Revenue | — | 28,836,000USD | 10,950,000USD |
| Cost Of Revenue | — | 19,772,000USD | 6,514,000USD |
| Gross Profit | — | 9,064,000USD | 4,436,000USD |
| Research Development | — | 22,303,000USD | 33,824,000USD |
| Unclassified Operating Expenses | — | -22,303,000USD | 3,538,000USD |
| Interest Income | — | 1,154,000USD | 3,156,000USD |
| Net Interest Income | — | 1,154,000USD | 3,156,000USD |
| Income Tax Expense | — | -2,000USD | — |
| Tax Provision | — | -2,000USD | 0USD |
| Net Income From Continuing Ops | — | -53,764,000USD | -52,766,000USD |
| Reconciled Depreciation | — | 2,616,000USD | 2,134,000USD |
| Ebit | — | — | -55,797,000USD |
| Depreciation And Amortization | — | — | 2,134,000USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q2 20242024-06-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 641,454,000USD | 612,611,000USD | 424,866,229USD | 421,268,662USD | 418,059,568USD | 170,882USD | 86,318,000USD | — |
| Cash And Equivalents | 59,285,000USD | 84,674,000USD | — | — | — | — | — | — |
| Total Current Assets | 500,349,000USD | 464,876,000USD | 1,069,583USD | 1,528,696USD | 1,633,193USD | — | 60,951,000USD | — |
| Other Current Assets | 70,000USD | 38,000USD | — | — | — | — | 3,195,000USD | — |
| Other Non Current Assets | 4,617,000USD | 578,000USD | — | — | — | — | — | — |
| Total Liabilities | 67,071,000USD | 27,356,000USD | 78,795,575USD | 39,696,665USD | 3,102,760USD | 215,992USD | — | — |
| Total Current Liabilities | 53,546,000USD | 23,551,000USD | 75,795,575USD | 36,696,665USD | 102,760USD | 215,992USD | 16,727,000USD | — |
| Other Current Liabilities | 46,306,000USD | 9,803,000USD | 80,223USD | 67,450USD | 2,634USD | — | — | — |
| Total Stockholder Equity | 574,383,000USD | 585,255,000USD | -77,618,849USD | -37,980,469USD | -201,710USD | -45,110USD | -183,175,000USD | — |
| Total Equity Including Noncontrolling Interest | 574,383,000USD | 585,255,000USD | 346,070,654USD | 381,571,997USD | 414,956,808USD | -45,110USD | — | — |
| Deferred Revenue | 2,588,000USD | 8,942,000USD | — | — | — | — | — | — |
| Net Receivables | 5,413,000USD | 6,858,000USD | — | — | — | — | 7,591,000USD | — |
| Inventory | 5,834,000USD | 4,869,000USD | — | — | — | — | 2,223,000USD | — |
| Property Plant Equipment Net | 22,393,000USD | 12,725,000USD | — | — | — | — | 15,415,000USD | — |
| Goodwill | 9,315,000USD | 9,315,000USD | — | — | — | — | — | — |
| Accounts Payable | 3,650,000USD | 3,718,000USD | — | — | — | — | 1,361,000USD | — |
| Short Term Debt | 1,002,000USD | 1,088,000USD | — | — | — | — | 1,324,000USD | — |
| Common Stock | 23,000USD | 22,000USD | — | — | — | — | 5,000USD | — |
| Retained Earnings | -287,910,000USD | -261,349,000USD | -77,619,915USD | -37,981,535USD | -202,776USD | -70,110USD | -199,291,000USD | — |
| Accumulated Other Comprehensive Income | -411,000USD | -75,000USD | — | — | — | — | 360,000USD | — |
| Total Liab | — | — | — | — | — | — | 269,493,000USD | — |
| Other Current Liab | — | — | — | — | — | — | 10,065,000USD | — |
| Capital Stock | — | — | — | — | — | — | 5,000USD | — |
| Good Will | — | — | — | — | — | — | 9,315,000USD | — |
| Cash | — | — | — | — | — | — | 47,942,000USD | — |
| Cash And Short Term Investments | — | — | — | — | — | — | 47,942,000USD | — |
| Current Deferred Revenue | — | — | — | — | — | — | 3,402,000USD | — |
| Net Debt | — | — | — | — | — | — | -41,844,000USD | — |
| Short Long Term Debt Total | — | — | — | — | — | — | 6,098,000USD | — |
| Short Term Investments | — | — | — | — | — | — | 0USD | — |
| Property Plant Equipment Gross | — | — | — | — | — | — | 22,287,000USD | — |
| Common Stock Shares Outstanding | — | — | — | — | — | — | 216,471,927shares | 31,429,121shares |
| Non Current Assets Total | — | — | — | — | — | — | 25,367,000USD | — |
| Non Current Liabilities Total | — | — | — | — | — | — | 252,766,000USD | — |
| Non Currrent Assets Other | — | — | — | — | — | — | 637,000USD | — |
| Net Working Capital | — | — | — | — | — | — | 44,224,000USD | — |
| Unclassified Non Current Liabilities | — | — | — | — | — | — | 252,766,000USD | — |
| Unclassified Equity | — | — | — | — | — | — | 15,746,000USD | — |
| Source | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20232023-12-31 · USD |
|---|---|---|
| Total Assets | 424,866,229USD | 71,885,000USD |
| Total Current Assets | 1,069,583USD | 48,518,000USD |
| Total Liabilities | 78,795,575USD | — |
| Total Current Liabilities | 75,795,575USD | 9,086,000USD |
| Other Current Liabilities | 80,223USD | — |
| Total Stockholder Equity | -77,618,849USD | -135,169,000USD |
| Total Equity Including Noncontrolling Interest | 346,070,654USD | — |
| Retained Earnings | -77,619,915USD | -145,527,000USD |
| Other Current Assets | — | 3,756,000USD |
| Total Liab | — | 207,054,000USD |
| Other Current Liab | — | 3,086,000USD |
| Common Stock | — | 4,000USD |
| Capital Stock | — | 4,000USD |
| Good Will | — | 9,315,000USD |
| Cash | — | 27,462,000USD |
| Cash And Short Term Investments | — | 40,122,000USD |
| Current Deferred Revenue | — | 2,551,000USD |
| Net Debt | — | -22,388,000USD |
| Short Term Debt | — | 1,086,000USD |
| Short Long Term Debt Total | — | 5,074,000USD |
| Long Term Debt | — | 1,425,000USD |
| Short Term Investments | — | 12,660,000USD |
| Net Receivables | — | 3,361,000USD |
| Inventory | — | 1,279,000USD |
| Accounts Payable | — | 2,363,000USD |
| Property Plant Equipment Net | — | 13,585,000USD |
| Property Plant Equipment Gross | — | 17,833,000USD |
| Accumulated Other Comprehensive Income | — | -114,000USD |
| Common Stock Shares Outstanding | — | 216,471,927shares |
| Non Current Assets Total | — | 23,367,000USD |
| Non Current Liabilities Total | — | 197,968,000USD |
| Non Currrent Assets Other | — | 467,000USD |
| Net Working Capital | — | 39,432,000USD |
| Unclassified Non Current Liabilities | — | 196,543,000USD |
| Unclassified Equity | — | 10,464,000USD |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy |
Cash flow Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q1 20242024-03-31 · USD |
|---|---|---|---|---|---|---|---|---|
| Net Income | -24,695,000USD | — | -35,501,343USD | -33,384,811USD | 1,973,286USD | — | -8,266,000USD | -44,611USD |
| Depreciation | 1,928,000USD | 948,000USD | — | — | — | — | 795,000USD | — |
| Stock Based Compensation | 1,821,000USD | 8,293,000USD | — | — | — | — | 975,000USD | — |
| Capital Expenditures | -1,702,000USD | — | 0USD | 0USD | 0USD | — | -805,000USD | 0USD |
| Investing Cash Flow | -474,245,000USD | -433,065,000USD | — | — | — | — | — | — |
| Financing Cash Flow | 529,114,000USD | 525,156,000USD | — | — | — | — | — | — |
| Change In Cash | 48,525,000USD | 72,980,000USD | -433,408USD | -96,830USD | 1,232,392USD | 0USD | 21,895,000USD | — |
| End Cash Flow | 60,419,000USD | 84,874,000USD | — | — | — | 0USD | — | — |
| Other Non Cash Items | — | 742,000USD | 35,067,935USD | 32,303,107USD | -2,139,879USD | — | 2,997,000USD | 38,447USD |
| Change To Account Receivables | — | 2,658,000USD | — | — | — | — | 228,000USD | — |
| Change To Inventory | — | -570,000USD | — | — | — | — | -348,000USD | — |
| Change To Liabilities | — | -2,131,000USD | — | — | — | 0USD | — | — |
| Change In Working Capital | — | 208,000USD | — | — | -591,024USD | — | 615,000USD | 6,164USD |
| Operating Cash Flow | — | -19,159,000USD | — | — | — | 0USD | — | — |
| Net Investments | — | -432,753,000USD | — | — | — | — | — | — |
| Unclassified Investing Cash Flow | — | -312,000USD | — | — | — | — | — | — |
| Total Cash From Operating Activities | — | — | -433,408USD | -1,081,704USD | -757,617USD | — | -2,884,000USD | — |
| Free Cash Flow | — | — | -433,408USD | -1,081,704USD | -757,617USD | — | -3,689,000USD | — |
| Begin Period Cash Flow | — | — | 1,135,562USD | 1,232,392USD | 41,183,000USD | — | 26,247,000USD | — |
| End Period Cash Flow | — | — | 702,154USD | 1,135,562USD | 1,232,392USD | — | 48,142,000USD | 26,247,000USD |
| Total Cashflows From Investing Activities | — | — | — | 1,000,000USD | — | — | -805,000USD | — |
| Total Cash From Financing Activities | — | — | — | -15,126USD | 415,990,009USD | — | 25,378,000USD | — |
| Other Cashflows From Investing Activities | — | — | — | 1,000,000USD | — | — | — | — |
| Other Cashflows From Financing Activities | — | — | — | -15,126USD | — | — | 25,379,000USD | — |
| Investments | — | — | — | — | — | — | 0USD | — |
| Net Borrowings | — | — | — | — | — | — | -1,000USD | — |
| Issuance Of Capital Stock | — | — | — | — | — | — | 25,153,000USD | — |
| Unclassified Financing Cash Flow | — | — | — | — | — | — | -25,153,000USD | — |
| Source | DisclosurePreliminaryAmendment | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy |
Cash flow YTD
| Metric | Q2 20262026-06-30 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD |
|---|---|---|---|
| Depreciation | 1,928,000USD | — | — |
| Stock Based Compensation | 20,359,000USD | — | — |
| Other Non Cash Items | 2,429,000USD | — | — |
| Change To Account Receivables | 4,089,000USD | — | — |
| Change To Inventory | -1,535,000USD | — | — |
| Change To Liabilities | 33,248,000USD | 67,450USD | 2,634USD |
| Change In Working Capital | 493,000USD | — | — |
| Operating Cash Flow | -5,974,000USD | -1,839,321USD | -757,617USD |
| Net Investments | -469,543,000USD | -414,000,000USD | -414,000,000USD |
| Unclassified Investing Cash Flow | -4,702,000USD | 1,000,000USD | — |
| Investing Cash Flow | -474,245,000USD | -413,000,000USD | -414,000,000USD |
| Financing Cash Flow | 529,114,000USD | 415,974,883USD | 415,990,009USD |
| Change In Cash | 48,525,000USD | 1,135,562USD | 1,232,392USD |
| End Cash Flow | 60,419,000USD | 1,135,562USD | 1,232,392USD |
| Source | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD |
|---|---|---|---|
| Change To Liabilities | 80,223USD | — | — |
| Operating Cash Flow | -2,272,729USD | — | — |
| Net Investments | -414,000,000USD | — | — |
| Unclassified Investing Cash Flow | 1,000,000USD | — | — |
| Investing Cash Flow | -413,000,000USD | — | — |
| Financing Cash Flow | 415,974,883USD | — | — |
| Change In Cash | 702,154USD | 20,480,000USD | -69,858,000USD |
| End Cash Flow | 702,154USD | — | — |
| Net Income | — | -51,910USD | -52,766,000USD |
| Depreciation | — | 2,616,000USD | 2,134,000USD |
| Stock Based Compensation | — | 3,741,000USD | 3,543,000USD |
| Other Non Cash Items | — | 51,910USD | 946,000USD |
| Change To Account Receivables | — | -1,981,000USD | -638,000USD |
| Change To Inventory | — | -944,000USD | -394,000USD |
| Change In Working Capital | — | -1,457,000USD | -1,189,000USD |
| Total Cash From Operating Activities | — | -32,467,000USD | -47,332,000USD |
| Capital Expenditures | — | -2,858,000USD | -3,676,000USD |
| Free Cash Flow | — | -35,325,000USD | -51,008,000USD |
| Investments | — | 12,660,000USD | -12,660,000USD |
| Net Borrowings | — | 22,655,000USD | 1,425,000USD |
| Total Cash From Financing Activities | — | 48,390,000USD | -5,848,000USD |
| Issuance Of Capital Stock | — | 25,153,000USD | 0USD |
| Begin Period Cash Flow | — | 27,662,000USD | 97,520,000USD |
| End Period Cash Flow | — | 48,142,000USD | 27,662,000USD |
| Unclassified Operating Cash Flow | — | -37,367,000USD | — |
| Total Cashflows From Investing Activities | — | — | -16,336,000USD |
| Other Cashflows From Financing Activities | — | — | -7,273,000USD |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
| Period | Dimension | Business / region | Revenue | Currency | Source |
|---|---|---|---|---|---|
| Q1 2026Quarterly · 2026-03-31 | Geography | Australia | 525,000 | USD | Disclosure |
| Q1 2026Quarterly · 2026-03-31 | Geography | International | 487,000 | USD | Disclosure |
| Q1 2026Quarterly · 2026-03-31 | Geography | Japan | 251,000 | USD | Disclosure |
| Q1 2026Quarterly · 2026-03-31 | Geography | United Kingdom | 1,545,000 | USD | Disclosure |
| Q1 2026Quarterly · 2026-03-31 | Geography | United States | 6,653,000 | USD | Disclosure |
| Q1 2026Quarterly · 2026-03-31 | Product | Product | 3,150,000 | USD | Disclosure |
| Q1 2026Quarterly · 2026-03-31 | Product | Services | 6,311,000 | USD | Disclosure |
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.