quantum computing inc. focuses on the quantum computing and artificial intelligence software development activities. it intends to develop heterogeneous software that could run on various quantum platforms. its products that are in development include financial portfolio optimizer, a software that would evaluate the potential return, risks, market volatility, and transaction costs of various portfolios to help financial advisors and investment managers decide on the optimal investment approach; and cybersecurity applications. the company, formerly known as innovative beverage group holdings, inc., is headquartered in leesburg, virginia.
Company profile
Ticker
QUBT
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
SEC CIK
Corporate docs
Subsidiaries
Qubittech, Inc. • Qubittech International, Inc. • Qubittech Federal, Inc. • QI Solutions, Inc. • QPhoton, LLC ...
IRS number
824533053
QUBT stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
1 Apr 24
8-K
Other Events
27 Mar 24
8-K
Entry into a Material Definitive Agreement
25 Mar 24
8-K
Quantum Computing Inc. Board of Directors Appoints Dr. William McGann as the Company’s CEO and Co-Founder Robert Liscouski as Chairman of the Board
31 Jan 24
8-K
Departure of Directors or Certain Officers
27 Nov 23
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
24 Nov 23
10-Q
2023 Q3
Quarterly report
13 Nov 23
8-K
Submission of Matters to a Vote of Security Holders
8 Nov 23
DEF 14A
Definitive proxy
27 Sep 23
8-K
Entry into a Material Definitive Agreement
21 Aug 23
Latest ownership filings
4
Robert Liscouski
25 Mar 24
4
Robert Liscouski
29 Dec 23
4
Christopher Boehmler
29 Dec 23
4
Robert Liscouski
29 Sep 23
4
Robert Liscouski
28 Aug 23
4
Robert Liscouski
31 Jul 23
4
Robert Liscouski
7 Jul 23
3
Christopher Boehmler
7 Jul 23
4
Yuping Huang
28 Jun 23
144
Notice of proposed sale of securities
27 Jun 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 7.38 mm | 7.38 mm | 7.38 mm | 7.38 mm | 7.38 mm | 7.38 mm |
Cash burn (monthly) | (no burn) | 250.17 k | 2.56 mm | 3.13 mm | 1.62 mm | 1.58 mm |
Cash used (since last report) | n/a | 1.67 mm | 17.09 mm | 20.92 mm | 10.80 mm | 10.56 mm |
Cash remaining | n/a | 5.71 mm | -9.71 mm | -13.54 mm | -3.42 mm | -3.18 mm |
Runway (months of cash) | n/a | 22.8 | -3.8 | -4.3 | -2.1 | -2.0 |
Institutional ownership, Q2 2023
6.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 36 |
Opened positions | 8 |
Closed positions | 7 |
Increased positions | 11 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 3.23 bn |
Total shares | 5.56 mm |
Total puts | 52.70 k |
Total calls | 0.00 |
Total put/call ratio | Infinity |
Largest owners | Shares | Value |
---|---|---|
Oasis Capital | 2.63 mm | $25.44 mm |
Vanguard | 1.21 mm | $1.42 bn |
BLK Blackrock | 380.97 k | $449.54 mm |
Geode Capital Management | 379.53 k | $447.84 mm |
SG Americas Securities | 182.27 k | $215.00 k |
Susquehanna International | 133.56 k | $157.60 mm |
WPWealth | 100.00 k | $118.00 mm |
Millennium Management | 81.91 k | $96.66 mm |
STT State Street | 77.83 k | $91.84 mm |
PEAK6 Investments | 59.33 k | $70.01 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Mar 24 | Liscouski Robert | Common Stock | Grant | Acquire A | No | No | 0 | 168,000 | 0.00 | 1,064,055 |
27 Dec 23 | Liscouski Robert | Options to purchase Common Stock Common Stock | Grant | Acquire A | No | No | 1.44 | 150,000 | 216.00 k | 150,000 |
27 Dec 23 | Christopher Boehmler | Options to purchase Common Stock Common Stock | Grant | Acquire A | No | No | 1.18 | 300,000 | 354.00 k | 300,000 |
27 Sep 23 | Liscouski Robert | Common Stock | Sell | Dispose S | No | No | 1.1 | 15,000 | 16.50 k | 896,055 |
25 Aug 23 | Liscouski Robert | Common Stock | Sell | Dispose S | No | No | 1.22 | 15,000 | 18.30 k | 911,055 |