QUBT Q1 2024 Earnings — Quantum Computing, Inc. Revenue & Financial Results | Market Cap Arena

QUBTQuantum Computing, Inc.

$1B

Q1 2024 Earnings

Technology Computer Hardware

Income Statement

Revenue

$27,000-77.7% YoY

Gross Profit

-$833,000-3085.2% margin

Operating Income

-$6M-23403.7% margin

Net Income

-$6M-23837.0% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

-63.9%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$5M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$79M

Total Liabilities

$12M

Stockholders' Equity

$68M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$27,000	$121,000	-77.7%
Gross Profit	-$833,000	-$756,000	-10.2%
Operating Income	-$6M	-$6M	-3.7%
Net Income	-$6M	-$6M	-4.9%