QUBT Q3 2024 Earnings — Quantum Computing, Inc. Revenue & Financial Results | Market Cap Arena

QUBTQuantum Computing, Inc.

$1B

Q3 2024 Earnings

Technology Computer Hardware

Income Statement

Revenue

$101,000+102.0% YoY

Gross Profit

-$842,000-833.7% margin

Operating Income

-$5M-5384.2% margin

Net Income

-$6M-5618.8% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

-44.8%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$5M

Stock-Based Comp.

$765,000

Balance Sheet

Total Assets

$77M

Total Liabilities

$11M

Stockholders' Equity

$66M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$101,000	$50,000	+102.0%
Gross Profit	-$842,000	-$826,000	-1.9%
Operating Income	-$5M	-$7M	+17.7%
Net Income	-$6M	-$7M	+17.0%