Horizon Quantum Holdings Ltd. (HQ)
NASDAQ: HQ · Real-Time Price · USD
23.33
-2.59 (-9.99%)
At close: Jun 26, 2026, 4:00 PM EDT
23.40
+0.07 (0.30%)
After-hours: Jun 26, 2026, 7:59 PM EDT

Horizon Quantum Holdings Earnings Call Transcripts

Fiscal Year 2026

  • Breakthroughs in quantum error correction and major government funding are accelerating the field. A hardware-agnostic software platform is enabling classical-to-quantum code acceleration, broadening the market and supporting rapid development through abstraction and hardware integration.

  • The event highlighted advances in quantum software infrastructure, including new programming languages and hardware integration, aiming to make quantum computing accessible and hardware-agnostic. Key milestones ahead include expanding early access to Beryllium and integrating new testbed systems, with a focus on achieving real quantum advantage.

  • Completed public listing and major hiring to support R&D and hardware integration. Q1 2026 saw operating expenses rise to $6.5M and a net loss of $3.6M, with $96.6M in cash. Focus remains on advancing software, expanding hardware partnerships, and maintaining a strong cash runway.