Quantum Computing, Inc. focuses on providing software tools and applications for quantum computers in Virginia. The company offers Qatalyst, a quantum application accelerator that enables developers to create and execute quantum-ready applications on conventional computers, while being ready to run on quantum computers as well as provides multiple quantum processing units including DWave, Rigetti, and IonQ. It focuses on serving commercial and government entities. The company, formerly known as Innovative Beverage Group Holdings, Inc. Quantum Computing, Inc. was founded in 2018 and is based in Leesburg, Virginia.

Quantum Computing, Inc.

Quantum Computing Inc. is a quantum hardware and software company on a mission to accelerate the value of quantum computing for real-world business solutions, delivering the future of quantum computing, today. The company provides accessible and affordable solutions with real-world industrial applications, using nanophotonic-based quantum entropy that can be used anywhere and with little to no training, operates at normal room temperatures, low power and is not burdened with unique environmental requirements. QCi is competitively advantaged delivering its quantum solutions at greater speed, accuracy, and security at less cost. QCi's core nanophotonic-based technology is applicable to both quantum computing as well as quantum sensing and imaging solutions, providing QCi with a unique position in the marketplace. QCi's core entropy computing capability, the Dirac series, delivers solutions for both binary and integer-based optimization problems using over 11,000 qubits for binary problems and over 1000 (n=64) qubits for integer-based problems, each of which are the highest number of variables and problem size available in quantum computing today. Using the Company's core quantum methodologies, QCi has developed specific quantum applications for AI, cybersecurity and remote sensing, including its Reservoir Photonic Computer series, reprogrammable and non-repeatable Quantum Random Number Generator and LiDAR products.*QCi will never ask for sensitive financial information during the application phase. Initial inquiries might come through LinkedIn, but all communication thereafter is through an official QCi portal. Continue to stay alert and safe

	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
net income	-175K -	-10.51M 5,904.05%	-8.38M 20.23%	-24.73M 195.12%	-27.90M 12.79%	-38.59M 38.33%	-29.73B 76,935.04%
depreciation and amortization		120 -	2.64K 2,100%	6.61K 150.49%	9.00K 36.07%	3.30M 36,582.33%	1.96B 59,214.15%
deferred income tax			4.89M -	1.83M 62.65%
stock based compensation		4.03M -	214.87K 94.67%	11.18M 5,101.58%	10.20M 8.71%	13.89M 36.08%	8.72B 62,717.37%
change in working capital	1.50K -	-1.52M 101,589.33%	228.84K 115.03%	84.81K 62.94%	165.24K 94.84%	3.72M 2,149.34%	460.14M 12,280.27%
accounts receivables						-12.77K -	-52.23M 408,753.92%
inventory							-70.48M -
accounts payables		52.52K -	164.24K 212.74%	148.44K 9.62%	98.16K 33.87%	218.57K 122.66%	582.85M 266,562.09%
other working capital	1.50K -	-1.57M 105,090.53%	64.59K 104.10%	-63.64K 198.52%	67.07K 205.39%	3.51M 5,134.51%	-460.14M 13,205.96%
other non cash items	173.50K -	5.64M 3,148.85%	803.34K 85.75%	100K 87.55%	10.72M 10,615.80%	133.00K 98.76%	19.05B 14,323,527.42%
net cash provided by operating activities		-2.36M -	-2.24M 4.95%	-11.54M 414.36%	-6.80M 41.03%	-17.56M 158.01%	-19.05B 108,402.24%
investments in property plant and equipment		-7.01K -	-21.34K 204.23%	-11.97K 43.89%	-19.39K 61.96%	-869.69K 4,385.00%
acquisitions net						-1.36M -
purchases of investments
sales maturities of investments
other investing activites		4 -			-21.19K -	-1.50K 92.93%	-2.62B 174,648,999.40%
net cash used for investing activites		-7.01K -	-21.34K 204.41%	-11.97K 43.89%	-40.58K 238.96%	-2.23M 5,388.02%	-2.62B 117,443.24%
debt repayment			-1.56M -	-1.61M 3.04%	-218.37K 86.43%	-30.18K 86.18%
common stock issued		1.06M -	2.16M 103.03%	27.94M 1,193.12%	8.61M 69.20%	83.08M 865.39%
common stock repurchased		1.06M -
dividends paid						-102.39K -
other financing activites		2.01M -	599.04K 70.14%	318.37K 46.85%		-74.60M -	19.31B 25,984.91%
net cash used provided by financing activities		4.13M -	599.04K 85.51%	26.65M 4,348.43%	8.39M 68.52%	8.35M 0.40%	19.31B 231,026.73%
effect of forex changes on cash		-10 -					-890.38M -
net change in cash		1.77M -	-1.67M 194.28%	15.10M 1,006.09%	1.54M 89.78%	-11.43M 841.10%	-3.25B 28,326.31%
cash at beginning of period			1.77M -	101.10K 94.28%	15.20M 14,930.98%	16.74M 10.15%	5.31B 31,613.81%
cash at end of period		1.77M -	101.10K 94.28%	15.20M 14,930.98%	16.74M 10.15%	5.31M 68.29%	2.06B 38,692.47%
operating cash flow		-2.36M -	-2.24M 4.95%	-11.54M 414.36%	-6.80M 41.03%	-17.56M 158.01%	-19.05B 108,402.24%
capital expenditure		-7.01K -	-21.34K 204.23%	-11.97K 43.89%	-19.39K 61.96%	-869.69K 4,385.00%
free cash flow		-2.37M -	-2.27M 4.33%	-11.55M 410.04%	-6.82M 40.93%	-18.43M 170.02%	-19.05B 103,281.35%

COM:QUANTUMCOMPUTINGINC

Quantum Computing Inc.

Last Close

4.76

22/11 21:00

Market Cap

52.12M

Beta: -

Volume Today

96.28M

Avg: -

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