QUANTUM COMPUTING INC.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-11.8M | $-4.1M | $-1.6M | $2.4M | $-36.5M | $17.0M | $-51.2M | $-5.7M |
| Depreciation & Amortization | $3.2M | $2.0M | $1.4M | $1.2M | $887.0K | $975.0K | $1.3M | $851.0K |
| Depreciation | $1.5M | $1.1M | $829.0K | $671.0K | $200.0K | $200.0K | $480.0K | $75.0K |
| Amortization | $1.4M | $900.0K | $495.0K | $505.0K | $700.0K | $800.0K | $768.0K | $780.0K |
| Stock-Based Compensation | $1.8M | $1.2M | $2.4M | $3.1M | $1.8M | $1.4M | $3.1M | $763.0K |
| Net Cash from Operating Activities | $-13.9M | $-9.4M | $-11.0M | $-8.7M | $-6.1M | $-4.4M | $-3.8M | $-4.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $2.7M | $1.8M | $1.2M | $2.8M | $1.0M | $1.7M | $2.9M | $514.0K |
| Business Acquisitions | $95.1M | $2.4M | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-55.5M | $-474.3M | $-322.2M | $-463.4M | $-1.0M | $-1.7M | $-2.9M | $-514.0K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | $0 | $0 |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $793.0K | $3.5M | $718.6M | $475.8M | $189.5M | $93.6M | $82.5M | $5.6M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $-16.5M | $-11.2M | $-12.2M | $-11.5M | $-7.1M | $-6.2M | $-6.6M | $-5.1M |