Summary
Rising Expenses Weigh on QUBT's Profit: Hold or Sell QUBT Stock Now?
Quantum Computing's surging revenues, $42.5M backlog and $1.3B cash cushion offer upside, but soaring expenses and losses keep profitability under pressure.
QUBT Profitability Remains a Concern Despite Revenue Growth
Quantum Computing's Q2 revenues jump to $5.6 million, but rising expenses and continued losses keep profitability a key concern despite ample liquidity.
QUBT Bets on Scale as Rising Costs Weigh on Profitability
Quantum Computing is betting on higher production volumes and scalable manufacturing as rising costs and gross losses weigh on profitability.
Quantum Computing Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 1,341 | $18,574.72 | $8,542.17 | -$10,032.55 | -54.01% |
 Curtis Ellergodt Rothschild Investment LLC | 510 | $8,788.85 | $3,488.4 | -$5,300.45 | -60.31% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 68,777 | $667,140 | $470,434.68 | -$196,705.32 | -29.48% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 12,074 | $95,651.4 | $82,586.16 | -$13,065.24 | -13.66% |
| NA Nizar Araji National Bank Of Canada /FI/ | 1.46M | $15.36M | $9.97M | -$5.38M | -35.05% |
Quantum Computing Inc. (QUBT) FAQ
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Quantum Computing Inc. Profile
| Technology Hardware, Storage & Peripherals Industry | Information Technology Sector | Yuping Huang CEO | NASDAQ (CM) Exchange | 74766W108 CUSIP |
| US Country | 75 Employees | - Last Dividend | 3 Jul 2018 Last Split | 1 Aug 2018 IPO Date |
Overview
Quantum Computing Inc. is a leading integrated photonics company renowned for developing revolutionary quantum machines that are both accessible and affordable. Initially established as Innovative Beverage Group Holdings, Inc., the company has shifted its focus towards quantum computing, marking a significant pivot in its mission. Founded in 2018, Quantum Computing Inc. is strategically located in Hoboken, New Jersey. The company prides itself on pioneering state-of-the-art quantum computing technologies intended to redefine computing capacities, offering solutions that are portable, low power, and operate at room temperature—attributes uncommon in traditional quantum computing systems.
Products and Services
Quantum Computing Inc. offers a diverse portfolio of products and services designed to leverage quantum mechanics for enhanced computing power, security, and efficiency. These include:
- Dirac systems - These portable devices are characterized by their ability to operate at low power and room temperatures, employing both qubit and qudit entropy quantum computers (EQC). Dirac systems are designed for ease of use, ensuring quantum computing technologies can be integrated into various applications without the complex environmental requirements typically associated with quantum computing.
- Reservoir computing - A novel approach to computing that utilizes dynamic systems to perform computation. This method is particularly well-suited for tasks involving pattern recognition, prediction, and system modeling, offering a promising avenue for both quantum and classical computational models.
- Remote sensing - Quantum Computing Inc. utilizes quantum-enhanced techniques to provide advanced remote sensing capabilities. These technologies pave the way for breakthroughs in environmental monitoring, defense, and space exploration, offering superior data acquisition and processing methods.
- Single photon imaging - Leveraging the quantum properties of light, the company's single photon imaging solutions offer unprecedented resolution and sensitivity. These systems are crucial for scientific research, medical imaging, and secure communications, pushing the boundaries of what is visually observable.
- Quantum random number generator (uQRNG) - This portable device capitalizes on quantum processes to generate genuine random numbers. The uQRNG is essential for cryptographic applications, simulations, and various fields requiring unpredictability in number generation, ensuring a level of randomness that classical methods cannot achieve.
- Quantum authentication - Focused on cybersecurity, Quantum Computing Inc. provides a quantum authentication service that addresses the vulnerabilities of classical cryptographic schemes. By using entanglement-based quantum cyber solutions, the company offers a method that seamlessly integrates into existing telecom fiber and communication infrastructures, enhancing security protocols beyond current standards.
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