QUBT Q2 2024 Earnings — Quantum Computing, Inc. Revenue & Financial Results | Market Cap Arena

QUBTQuantum Computing, Inc.

$1B

Q2 2024 Earnings

Technology Computer Hardware

Income Statement

Revenue

$183,000+63.4% YoY

Gross Profit

-$789,000-431.1% margin

Operating Income

-$5M-2878.1% margin

Net Income

-$5M-2838.3% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

+577.8%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$5M

Stock-Based Comp.

$651,000

Balance Sheet

Total Assets

$76M

Total Liabilities

$4M

Stockholders' Equity

$72M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$183,000	$112,000	+63.4%
Gross Profit	-$789,000	-$775,000	-1.8%
Operating Income	-$5M	-$7M	+24.3%
Net Income	-$5M	-$7M	+30.0%