QUANTUM COMPUTING INC.: 10-Q filed 2022-08-15

Name: QUANTUM COMPUTING INC.: 10-Q filed 2022-08-15
Creator: QUANTUM COMPUTING INC.

What QUANTUM COMPUTING INC. reported in its quarterly report filed 2022-08-15 (fiscal Q2 2022): 38 published measures, 99 facts as tagged in accession 0001213900-22-048207.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-08-15
Fiscal period: fiscal Q2 2022
Accession: 0001213900-22-048207 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All QUANTUM COMPUTING INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2022-06-30	91,880,061	USD
At 2021-12-31	17,284,196	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2022-06-30	1,298,851	USD
At 2021-12-31	1,082,298	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2022-06-30	90,581,210	USD
At 2022-03-31	12,266,159	USD
At 2021-12-31	16,201,898	USD
At 2021-06-30	12,096,232	USD
At 2021-03-31	13,490,260	USD
At 2020-12-31	14,574,844	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2022-06-30	6,742,793	USD
At 2021-12-31	16,738,657	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-5,104,576	USD	91
2022-01-01 to 2022-06-30	-12,238,268	USD	181
2022-01-01 to 2022-03-31	-7,133,692	USD	90
2021-04-01 to 2021-06-30	-4,108,719	USD	91
2021-01-01 to 2021-06-30	-7,500,466	USD	181
2021-01-01 to 2021-03-31	-3,391,746	USD	90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	-8,571,484	USD	181
2021-01-01 to 2021-06-30	-2,675,458	USD	181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	126,383	USD	181
2021-01-01 to 2021-06-30	4,043	USD	181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	65,484	USD	91
2022-01-01 to 2022-06-30	96,724	USD	181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	83,402,617	USD	181
2021-01-01 to 2021-06-30	111,658	USD	181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	-84,826,997	USD	181
2021-01-01 to 2021-06-30	-7,152	USD	181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2022-06-30	-93,632,349	USD
At 2021-12-31	-81,394,081	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	29,204,543	shares	91
2022-01-01 to 2022-06-30	29,204,543	shares	181
2021-04-01 to 2021-06-30	29,055,702	shares	91
2021-01-01 to 2021-06-30	29,055,702	shares	181

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	29,204,543	shares	91
2022-01-01 to 2022-06-30	29,204,543	shares	181
2021-04-01 to 2021-06-30	29,055,702	shares	91
2021-01-01 to 2021-06-30	29,055,702	shares	181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-0.17	USD/shares	91
2022-01-01 to 2022-06-30	-0.42	USD/shares	181
2021-04-01 to 2021-06-30	-0.14	USD/shares	91
2021-01-01 to 2021-06-30	-0.26	USD/shares	181

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-0.17	USD/shares	91
2022-01-01 to 2022-06-30	-0.42	USD/shares	181
2021-04-01 to 2021-06-30	-0.14	USD/shares	91
2021-01-01 to 2021-06-30	-0.26	USD/shares	181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2022-06-30	160,389	USD
At 2021-12-31	41,348	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	3,214,962	USD	181
2021-01-01 to 2021-06-30	4,691,824	USD	181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-4,808,364	USD	91
2022-01-01 to 2022-06-30	-11,517,295	USD	181
2021-04-01 to 2021-06-30	-4,328,701	USD	91
2021-01-01 to 2021-06-30	-7,721,831	USD	181

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2022-06-30	756,622	USD
At 2021-12-31	464,870	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit	Days
At 2022-06-30	59,125,773	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2022-06-30	83,969	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	4,868,615	USD	91
2022-01-01 to 2022-06-30	11,597,219	USD	181
2021-04-01 to 2021-06-30	4,328,701	USD	91
2021-01-01 to 2021-06-30	7,721,831	USD	181

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	60,251	USD	91
2022-01-01 to 2022-06-30	79,924	USD	181

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	5,233	USD	91
2022-01-01 to 2022-06-30	16,800	USD	181

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	2,080,275	USD	91
2022-01-01 to 2022-06-30	3,217,379	USD	181
2021-04-01 to 2021-06-30	478,127	USD	91
2021-01-01 to 2021-06-30	726,703	USD	181

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	850,444	USD	91
2022-01-01 to 2022-06-30	1,875,031	USD	181
2021-04-01 to 2021-06-30	565,692	USD	91
2021-01-01 to 2021-06-30	1,182,137	USD	181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2022-06-30	29,204,543	shares
At 2021-12-31	29,156,815	shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2022-06-30	6,742,793	USD
At 2021-12-31	16,738,657	USD
At 2021-06-30	12,625,370	USD
At 2020-12-31	15,196,322	USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2022-06-30	150,799,236	USD
At 2021-12-31	67,396,618	USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

Period	Value	Unit	Days
At 2022-06-30	22,937	USD
At 2021-12-31	18,084	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2022-06-30	186,099	USD
At 2021-12-31	59,717	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2022-06-30	25,710	USD
At 2021-12-31	18,369	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2022-06-30	25,222,336	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2022-06-30	296,167	USD
At 2021-12-31	478,505	USD

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	249,884	USD	181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-296,212	USD	91
2022-01-01 to 2022-06-30	-720,973	USD	181
2021-04-01 to 2021-06-30	219,982	USD	91
2021-01-01 to 2021-06-30	221,365	USD	181

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2021-01-01 to 2021-06-30	330,029	USD	181

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	291,752	USD	181
2021-01-01 to 2021-06-30	220,644	USD	181

Inspect the source

Entity: QUANTUM COMPUTING INC. / CIK 0001758009
Captured: 2026-09-21T17:29:28.874Z
SEC response SHA-256: 800636e1886f0d7d88fe1b988a36518dd1db78e85c73a9a5ddcd363321c85716

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001758009.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))