Quantum Computing Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	0.68	0.37	0.36	0.14	-
Revenue Growth (YoY)	82.84%	4.19%	163.23%	-	-
Cost of Revenue	0.62	0.26	0.2	0.06	-
Gross Profit	0.07	0.11	0.16	0.08	-
Selling, General & Admin	30.67	14.73	17.51	23.5	7.76
Research & Development	20.47	11.32	8.89	5.22	9.37
Operating Expenses	51.14	26.05	26.41	28.72	17.13
Operating Income	-51.08	-25.94	-26.24	-28.65	-17.13
Interest Expense	-0.07	-2.5	-1.6	-0.77	-10.99
Interest & Investment Income	20.72	0.42	0.3	0.05	0.01
Other Non Operating Income (Expenses)	11.75	-40.53	0.53	3.39	-
EBT Excluding Unusual Items	-18.67	-68.54	-27.02	-25.98	-28.12
Other Unusual Items	-	-	-	-	0.22
Pretax Income	-18.67	-68.54	-27.02	-25.98	-27.9
Net Income	-18.67	-68.54	-27.02	-25.98	-27.9
Preferred Dividends & Other Adjustments	-	-	0.86	0.89	-
Net Income to Common	-18.67	-68.54	-27.88	-26.87	-27.9
Shares Outstanding (Basic)	164	94	67	37	29
Shares Outstanding (Diluted)	164	94	67	37	29
Shares Change (YoY)	75.21%	40.94%	81.60%	25.80%	4.26%
EPS (Basic)	-0.11	-0.73	-0.42	-0.73	-0.96
EPS (Diluted)	-0.11	-0.73	-0.42	-0.73	-0.96
Free Cash Flow	-	-22.25	-20.43	-16.25	-6.84
Free Cash Flow Per Share	-	-0.24	-0.31	-0.44	-0.23
Gross Margin	9.82%	30.03%	45.25%	55.15%	-
Operating Margin	-7489.30%	-6953.62%	-7330.45%	-21062.50%	-
Profit Margin	-2738.12%	-18375.87%	-7788.55%	-19755.15%	-
Free Cash Flow Margin	-	-5964.88%	-5705.87%	-11947.06%	-
EBITDA	-47.03	-22.14	-22.94	-26.78	-17.12
D&A For EBITDA	4.05	3.8	3.31	1.86	0.01
EBIT	-51.08	-25.94	-26.24	-28.65	-17.13

Source: S&P Global Market Intelligence. Standard template. Financial Sources.