QUBT Financial Statements

Balance sheet, income statement, cash flow, and dividends for Quantum Computing Inc (QUBT).


$68.57M Market Cap.

As of 04/01/2024 5:00 PM ET (MRY) • Disclaimer

QUBT Market Cap. (MRY)


QUBT Shares Outstanding (MRY)


QUBT Assets (MRY)


Total Assets

$78.73M

Total Liabilities

$5.46M

Total Investments

$557.24K

QUBT Income (MRY)


Revenue

$358.05K

Net Income

-$29.73M

Operating Expense

$27.38M

QUBT Cash Flow (MRY)


CF Operations

-$19.94M

CF Investing

-$2.62M

CF Financing

$19.31M

QUBT Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

0%

0%

0%

-

2019

$0

0%

-

0%

-

QUBT Balance Sheet (MRY)


Metric

2023

2022

2021

2020

Total Assets

$78,728,275 (-11.84%)

$89,300,331 (416.66%)

$17,284,196 (13.20%)

$15,268,051 (10199.20%)

Assets Current

$3,181,748 (-43.06%)

$5,587,647 (-67.55%)

$17,221,655 (13.02%)

$15,237,095 (12323.33%)

Assets Non-Current

$75,546,527 (-9.75%)

$83,712,684 (133752.49%)

$62,541 (102.03%)

$30,956 (20.94%)

Goodwill & Intangible Assets

$71,747,882 (-11.80%)

$81,349,498 (0%)

$0 (0%)

$0 (0%)

Shareholders Equity

$73,268,553 (-2.17%)

$74,896,731 (562.27%)

-$16,201,898 (-211.16%)

$14,574,844 (618.25%)

Property Plant & Equipment Net

$3,669,600 (59.35%)

$2,302,915 (3774.87%)

$59,432 (91.99%)

$30,956 (20.94%)

Cash & Equivalents

$2,059,285 (-61.21%)

$5,308,466 (-68.29%)

$16,738,657 (10.15%)

$15,196,322 (14930.98%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$458 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$557,236 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$557,236 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$72,650 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$65,000 (408.85%)

$12,774 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Payables

$1,461,541 (67.63%)

$871,887 (87.56%)

$464,870 (26.77%)

$366,706 (68.01%)

Accumulated Retained Earnings (Deficit)

-$149,718,453 (-24.78%)

-$119,987,781 (-47.42%)

-$81,394,081 (-52.15%)

-$53,495,235 (-86.00%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$3,336,565 (-64.98%)

$9,526,606 (52579.75%)

$18,084 (-91.72%)

$218,371 (-86.43%)

Debt Current

$2,496,480 (31.84%)

$1,893,608 (10371.18%)

$18,084 (-91.72%)

$218,371 (-86.43%)

Debt Non-Current

$840,085 (-88.99%)

$7,632,998 (0%)

$0 (0%)

$0 (0%)

Total Liabilities

$5,459,722 (-62.09%)

$14,403,600 (1230.83%)

$1,082,298 (56.13%)

$693,207 (-76.59%)

Liabilities Current

$4,619,637 (-29.42%)

$6,545,320 (504.76%)

$1,082,298 (56.13%)

$693,207 (-76.59%)

Liabilities Non-Current

$840,085 (-89.31%)

$7,858,280 (0%)

$0 (0%)

$0 (0%)

QUBT Income Statement (MRY)


Metric

2023

2022

2021

2020

Revenues

$358,047 (163.95%)

$135,648 (0%)

$0 (0%)

$0 (0%)

Cost of Revenue

$195,640 (221.07%)

$60,934 (0%)

$0 (0%)

$0 (0%)

Selling General & Administrative Expense

$20,097,389 (-34.78%)

$30,814,092 (128.81%)

$13,467,396 (-4.62%)

$14,120,078 (990.00%)

Research & Development Expense

$6,447,703 (41.34%)

$4,561,794 (76.42%)

$2,585,796 (67.96%)

$1,539,517 (72.76%)

Operating Expenses

$27,383,684 (-25.29%)

$36,654,056 (113.97%)

$17,130,093 (-1.23%)

$17,343,007 (580.74%)

Interest Expense

$2,804,873 (36.08%)

$2,061,249 (-81.25%)

$10,994,503 (12.24%)

$9,795,260 (152.40%)

Income Tax Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$29,730,672 (22.96%)

-$38,593,700 (-38.33%)

-$27,898,847 (-12.79%)

-$24,734,280 (-195.12%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$29,730,672 (22.96%)

-$38,593,700 (-38.33%)

-$27,898,847 (-12.79%)

-$24,734,280 (-195.12%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$29,730,672 (22.96%)

-$38,593,700 (-38.33%)

-$27,898,847 (-12.79%)

-$24,734,280 (-195.12%)

Weighted Average Shares

$77,451,356 (38.40%)

$55,963,334 (91.94%)

$29,156,815 (4.26%)

$27,966,096 (279.87%)

Weighted Average Shares Diluted

$95,896,430 (71.36%)

$55,963,334 (91.94%)

$29,156,815 (4.26%)

$27,966,096 (279.87%)

Earning Before Interest & Taxes (EBIT)

-$26,925,799 (26.30%)

-$36,532,451 (-116.11%)

-$16,904,344 (-13.16%)

-$14,939,020 (-231.96%)

Gross Profit

$162,407 (117.37%)

$74,714 (0%)

$0 (0%)

$0 (0%)

Operating Income

-$27,221,277 (25.58%)

-$36,579,342 (-113.54%)

-$17,130,093 (1.23%)

-$17,343,007 (-580.74%)

QUBT Cash Flow Statement (MRY)


Metric

2023

2022

2021

2020

Net Cash Flow from Investing

-$2,617,990 (-17.54%)

-$2,227,257 (-9798.92%)

-$22,500 (-87.92%)

-$11,973 (43.89%)

Net Cash Flow from Financing

$19,309,330 (131.13%)

$8,354,434 (-0.40%)

$8,387,879 (-68.52%)

$26,647,719 (4348.43%)

Net Cash Flow from Operations

-$19,940,521 (-13.57%)

-$17,557,368 (-157.32%)

-$6,823,044 (40.88%)

-$11,540,524 (-414.36%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$3,249,181 (71.57%)

-$11,430,191 (-841.10%)

$1,542,335 (-89.78%)

$15,095,222 (1006.09%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

-$1,356,071 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

-$500,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$2,117,990 (-143.53%)

-$869,687 (-4385.00%)

-$19,391 (-61.96%)

-$11,973 (43.89%)

Issuance (Repayment) of Debt Securities

-$6,187,034 (-176.99%)

$8,035,684 (0%)

$0 (0%)

-$1,390,629 (10.94%)

Issuance (Purchase) of Equity Shares

$25,496,364 (0%)

$0 (0%)

$8,606,250 (-69.31%)

$28,038,348 (1197.75%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$8,722,766 (-37.18%)

$13,885,913 (36.08%)

$10,203,853 (-8.71%)

$11,176,850 (5101.58%)

Depreciation Amortization & Accretion

$1,957,768 (-40.69%)

$3,300,676 (36582.33%)

$8,998 (36.07%)

$6,613 (150.49%)

QUBT Financial Metrics (MRY)


Metric

2023

2022

2021

2020

Gross Margin

45.40% (-17.60%)

55.10%

-

-

Profit Margin

-8303.60% (70.81%)

-28451.40%

-

-

EBITDA Margin

-6973.40% (71.54%)

-24498.50%

-

-

Return on Average Equity (ROAE)

-38.60% (34.47%)

-58.90% (89.61%)

-566.80% (42.72%)

-989.60% (-349.14%)

Return on Average Assets (ROAA)

-34.30% (35.65%)

-53.30% (73.56%)

-201.60% (59.15%)

-493.50% (60.85%)

Return on Sales (ROS)

-7520.20% (72.08%)

-26931.80%

-

-

Return on Invested Capital (ROIC)

-1938.40% (17.81%)

-2358.50% (-141.45%)

5689.50% (306.13%)

1400.90% (61.62%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

-2.4 (-9.83%)

-2.19 (38.40%)

-3.55 (77.85%)

-16.03 (-509.19%)

Price to Sales Ratio (P/S)

197.52 (-68.29%)

622.97

-

-

Price to Book Ratio (P/B)

0.94 (-12.93%)

1.07 (117.52%)

-6.14 (-135.63%)

17.22 (319.32%)

Debt to Equity Ratio (D/E)

0.07 (-60.94%)

0.19 (386.57%)

-0.07 (-239.58%)

0.05 (104.56%)

Earnings Per Share (EPS)

-0.38 (44.93%)

-0.69 (28.13%)

-0.96 (-9.09%)

-0.88 (22.81%)

Sales Per Share (SPS)

0.01 (150.00%)

0 (0%)

0 (0%)

0 (0%)

Free Cash Flow Per Share (FCFPS)

-0.28 (13.37%)

-0.33 (-40.00%)

-0.23 (43.10%)

-0.41 (-34.09%)

Book Value Per Share (BVPS)

0.95 (-29.30%)

1.34 (340.65%)

-0.56 (-206.72%)

0.52 (236.39%)

Tangible Assets Book Value Per Share (TABVPS)

0.09 (-36.62%)

0.14 (-76.05%)

0.59 (8.61%)

0.55 (2630.00%)

Enterprise Value Over EBIT (EV/EBIT)

-2 (0.00%)

-2 (60.00%)

-5 (70.59%)

-17 (-240.00%)

Enterprise Value Over EBITDA (EV/EBITDA)

-2.68 (-12.00%)

-2.39 (54.61%)

-5.27 (68.39%)

-16.67 (-227.49%)

Asset Turnover

0 (100.00%)

0 (0%)

0 (0%)

0 (0%)

Current Ratio

0.69 (-19.32%)

0.85 (-94.63%)

15.91 (-27.61%)

21.98 (53512.20%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$22,058,511 (-19.71%)

-$18,427,055 (-169.31%)

-$6,842,435 (40.77%)

-$11,552,497 (-410.04%)

Enterprise Value (EV)

$66,858,522 (-15.85%)

$79,452,557 (-10.74%)

$89,011,074 (-64.23%)

$248,861,239 (987.36%)

Earnings Before Tax (EBT)

-$29,730,672 (22.96%)

-$38,593,700 (-38.33%)

-$27,898,847 (-12.79%)

-$24,734,280 (-195.12%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$24,968,031 (24.87%)

-$33,231,775 (-96.69%)

-$16,895,346 (-13.15%)

-$14,932,407 (-232.00%)

Invested Capital

$3,638,036 (-35.31%)

$5,623,653 (1184.23%)

-$518,675 (-28.67%)

-$403,107 (69.10%)

Working Capital

-$1,437,889 (-50.14%)

-$957,673 (-105.93%)

$16,139,357 (10.97%)

$14,543,888 (612.49%)

Tangible Asset Value

$6,980,393 (-12.21%)

$7,950,833 (-54.00%)

$17,284,196 (13.20%)

$15,268,051 (10199.20%)

Market Capitalization

$68,571,298 (-14.80%)

$80,485,726 (-19.05%)

$99,424,739 (-60.39%)

$251,029,246 (1036.59%)

Average Equity

$77,092,016 (17.73%)

$65,480,912 (1230.38%)

$4,921,963 (96.93%)

$2,499,340 (218.44%)

Average Assets

$86,558,922 (19.47%)

$72,451,874 (423.60%)

$13,837,367 (176.09%)

$5,011,924 (653.80%)

Invested Capital Average

$1,389,039 (-10.33%)

$1,548,980 (621.34%)

-$297,115 (72.14%)

-$1,066,401 (-105.41%)

Shares

75,097,249 (40.89%)

53,301,805 (82.81%)

29,156,815 (63.89%)

17,790,875 (141.66%)