QUBT Q2 2023 Earnings — Quantum Computing, Inc. Revenue & Financial Results | Market Cap Arena

QUBTQuantum Computing, Inc.

$1B

Q2 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$112,000+71.0% YoY

Gross Profit

-$775,000-692.0% margin

Operating Income

-$7M-6212.5% margin

Net Income

-$7M-6622.3% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

-7.4%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$5M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$89M

Total Liabilities

$12M

Stockholders' Equity

$77M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$112,000	$65,484	+71.0%
Gross Profit	-$775,000	-$2M	+58.7%
Operating Income	-$7M	-$5M	-44.7%
Net Income	-$7M	-$5M	-45.3%