Quantum Computing Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	352.44	78.95	2.06	5.31	16.74	15.2
Cash & Short-Term Investments	555.57	78.95	2.06	5.31	16.74	15.2
Cash Growth	18032.24%	3734.14%	-61.21%	-68.29%	10.15%	14930.98%
Accounts Receivable	0.49	0.03	0.07	0.01	-	-
Receivables	5.38	0.03	0.34	0.01	-	-
Inventory	0.96	0.02	0.07	-	-	-
Prepaid Expenses	0.89	0.16	0.18	0.13	0.48	0.04
Total Current Assets	562.79	79.15	2.66	5.45	17.22	15.24
Property, Plant & Equipment	15.2	9.73	3.92	2.25	0.06	0.03
Goodwill	55.57	55.57	55.57	55.57	-	-
Other Intangible Assets	7.01	8.97	12.08	15.18	-	-
Other Long-Term Assets	0.13	0.13	0.13	0.06	0	-
Total Assets	898.17	153.56	74.36	78.51	17.28	15.27
Accounts Payable	1.17	1.37	1.46	0.87	0.46	0.37
Accrued Expenses	1.5	2.13	0.65	3.18	0.48	0.11
Short-Term Debt	-	-	-	-	-	0.22
Current Portion of Leases	0.64	-	-	-	0.02	-
Current Unearned Revenue	0.32	0.08	-	-	-	-
Other Current Liabilities	-	0.97	2.7	0.54	0.12	-
Total Current Liabilities	3.63	4.56	4.81	4.59	1.08	0.69
Long-Term Leases	1.94	1.18	0.84	1.08	-	-
Other Long-Term Liabilities	14.74	40.53	-	7.72	-	-
Total Liabilities	20.32	46.27	5.65	13.39	1.08	0.69
Common Stock	0.02	0.01	0.01	0.01	0	0
Additional Paid-In Capital	1,095	307.76	200.64	169.18	67.4	47.74
Retained Earnings	-217.6	-200.48	-131.94	-104.06	-81.39	-53.5
Comprehensive Income & Other	-0.03	-	-	-	30.2	20.32
Total Common Equity	877.85	107.29	68.7	65.12	16.2	14.57
Shareholders' Equity	877.85	107.29	68.7	65.12	16.2	14.57
Total Liabilities & Equity	898.17	153.56	74.36	78.51	17.28	15.27
Total Debt	2.58	1.18	0.84	1.08	0.02	0.22
Net Cash (Debt)	552.99	77.76	1.22	4.23	16.72	14.98
Net Cash Growth	-	6279.33%	-71.18%	-74.70%	11.63%	-
Net Cash Per Share	4.05	0.83	0.02	0.12	0.57	0.54
Filing Date Shares Outstanding	224.12	137.24	94.21	60.5	29.16	28.67
Total Common Shares Outstanding	186.91	129.01	77.45	55.96	29.16	27.97
Working Capital	559.16	74.59	-2.16	0.86	16.14	14.54
Book Value Per Share	4.70	0.83	0.89	1.16	0.56	0.52
Tangible Book Value	815.27	42.74	1.05	-5.63	16.2	14.57
Tangible Book Value Per Share	4.36	0.33	0.01	-0.10	0.56	0.52
Machinery	12.25	8.5	3.06	1.02	0.06	0.04
Leasehold Improvements	2.17	0.6	0.03	0	-	-

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