QUBT Q3 2023 Earnings — Quantum Computing, Inc. Revenue & Financial Results | Market Cap Arena

QUBTQuantum Computing, Inc.

$1B

Q3 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$50,000+32.8% YoY

Gross Profit

-$826,000-1652.0% margin

Operating Income

-$7M-13222.0% margin

Net Income

-$7M-13682.0% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

-55.4%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$6M

Stock-Based Comp.

$993,000

Balance Sheet

Total Assets

$89M

Total Liabilities

$8M

Stockholders' Equity

$81M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$50,000	$37,646	+32.8%
Gross Profit	-$826,000	-$4M	+79.7%
Operating Income	-$7M	-$7M	+3.3%
Net Income	-$7M	-$8M	+9.6%