Quantum Computing Balance Sheet

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
Cash & Equivalents	737.88	78.95	2.06	5.31	16.74
Short-Term Investments	379.42	-	-	-	-
Cash & Short-Term Investments	1,117	78.95	2.06	5.31	16.74
Cash Growth	1315.29%	3734.14%	-61.21%	-68.29%	10.15%
Accounts Receivable	0.52	0.03	0.07	0.01	-
Other Receivables	3.63	-	-	-	-
Receivables	4.15	0.03	0.34	0.01	-
Inventory	0.35	0.02	0.07	-	-
Prepaid Expenses	11.91	0.16	0.18	0.13	0.48
Total Current Assets	1,134	79.15	2.66	5.45	17.22
Property, Plant & Equipment	15.32	9.73	3.92	2.25	0.06
Long-Term Investments	403.12	-	-	-	-
Goodwill	55.57	55.57	55.57	55.57	-
Other Intangible Assets	6.5	8.97	12.08	15.18	-
Other Long-Term Assets	4.68	0.13	0.13	0.06	0
Total Assets	1,619	153.56	74.36	78.51	17.28
Accounts Payable	0.78	1.37	1.46	0.87	0.46
Accrued Expenses	9.14	2.13	0.65	3.18	0.48
Current Portion of Leases	-	-	-	-	0.02
Current Unearned Revenue	0.4	0.08	-	-	-
Other Current Liabilities	0.77	0.97	2.7	0.54	0.12
Total Current Liabilities	11.07	4.56	4.81	4.59	1.08
Long-Term Leases	1.81	1.18	0.84	1.08	-
Other Long-Term Liabilities	7.77	40.53	-	7.72	-
Total Liabilities	20.66	46.27	5.65	13.39	1.08
Common Stock	0.02	0.01	0.01	0.01	0
Additional Paid-In Capital	1,816	307.76	200.64	169.18	67.4
Retained Earnings	-219.16	-200.48	-131.94	-104.06	-81.39
Comprehensive Income & Other	0.91	-	-	-	30.2
Total Common Equity	1,598	107.29	68.7	65.12	16.2
Shareholders' Equity	1,598	107.29	68.7	65.12	16.2
Total Liabilities & Equity	1,619	153.56	74.36	78.51	17.28
Total Debt	1.81	1.18	0.84	1.08	0.02
Net Cash (Debt)	1,115	77.76	1.22	4.23	16.72
Net Cash Growth	1334.46%	6279.33%	-71.18%	-74.70%	11.63%
Net Cash Per Share	6.78	0.83	0.02	0.12	0.57
Filing Date Shares Outstanding	216.06	137.24	94.21	60.5	29.16
Total Common Shares Outstanding	216.06	129.01	77.45	55.96	29.16
Working Capital	1,123	74.59	-2.16	0.86	16.14
Book Value Per Share	7.40	0.83	0.89	1.16	0.56
Tangible Book Value	1,536	42.74	1.05	-5.63	16.2
Tangible Book Value Per Share	7.11	0.33	0.01	-0.10	0.56
Machinery	-	8.5	3.06	1.02	0.06
Leasehold Improvements	-	0.6	0.03	0	-

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