Lost Money on Quantum Computing Inc. (QUBT)? You May Have Been Affected by Fraud - Contact Levi & Korsinsky ...

Quantum Computing Inc. INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by Quantum Computing Inc. (QUBT) ...

QUBT INVESTIGATION: Quantum Computing Inc. Shares Decline Following Report by Capybara Research; Investors Encouraged to Contact Block & Leviton to Potentially Recover Losses ...

BOSTON, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Quantum Computing Inc. (NASDAQ:QUBT) for potential securities law violations. Investors who have lost money in their Quantum Computing Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/qubt. What is this all about? Shares of Quantum Computing Inc. are down over 8% in intraday trading on January 16, 2025, after Capybara Research publi ...

HOBOKEN, N.J., Jan. 15, 2025 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced a collaboration with Sanders Tri-Institutional Therapeutics Discovery Institute, Inc. (Sanders TDI) to drive advancement of research in computational biomedicine. Through this collaboration, QCi will provide Sanders TDI with access to its quantum computation technology and hardware, specifically with its Dirac- ...

Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.Read Also: EXCLUSIVE: Top 20 ...

SUQIAN, CHINA - DECEMBER 12: In this photo illustration, a logo of Google's quantum chip Willow is ... [+] displayed on a smartphone screen on December 12, 2024 in Suqian, Jiangsu Province of China. (Photo illustration by VCG/VCG via Getty Images)VCG via Getty ImagesThe stock price of Quantum Computing Inc. (NASDAQ: QUBT), an integrated photonics company, focused on developing and commercializing quantum computing technologies, lost over 40% of its value on Thursday, December 19. Still, the stock is up a wh ...

USA News Group Commentary Issued on behalf of Scope Technologies Corp. VANCOUVER, BC, Dec. 18, 2024 /PRNewswire/ -- USA News Group News Commentary – The advent of quantum computing comes with much excitement, and horror. Quantum computers are poised to solve complex problems in mere minutes, tasks that would take today's most powerful supercomputers approximately 10 septillion years to complete. And while that type of computing power opens up a near-infinite amount of possibilities in things like healthcare ...

HOBOKEN, N.J., Dec. 17, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that the Company has been awarded a prime contract by the National Aeronautics and Space Administration's ("NASA") Goddard Space Flight Center. This contract marks a pivotal step forward for QCi by applying its entropy quantum optimization machine, Dirac-3, to support NASA's advanced imaging and data processing ...

Financial Data and Key Metrics - Q3 2024 revenue totaled approximately $101,000, a significant increase from $50,000 in Q3 2023, driven by increased contractual sales, particularly from the Johns Hopkins University contract [25] - Gross margins decreased to 9% in Q3 2024 from 52% in Q3 2023, primarily due to the lower-margin Johns Hopkins project [25] - Operating expenses decreased by 18% to $5.4 million in Q3 2024 compared to $6.6 million in Q3 2023, driven by cost containment efforts [26] - Net loss attributable to common stockholders was $5.7 million or $0.06 per basic share in Q3 2024, compared to a net loss of $7.1 million or $0.10 per basic share in Q3 2023 [28] - Total assets increased to $76.8 million as of September 30, 2024, up from $74.4 million at the end of 2023 [30] - Cash and cash equivalents increased to $3.1 million as of September 30, 2024, up from $2.1 million at the end of 2023 [30] - Total liabilities increased to $10.9 million as of September 30, 2024, primarily due to a $7 million secured convertible debt financing [32] Business Line Data and Key Metrics - The company's Dirac-3 quantum machine operates at room temperature with low power consumption (25 watts), offering advantages in solving computational benchmark problems [15][16] - The TFLN foundry in Tempe, Arizona, is in the final phase of commissioning and is expected to begin production in early 2025, with pre-sales orders already secured [17] - The company secured its fifth project with NASA, focusing on quantum technology for spaceborne LiDAR missions aimed at reducing costs and enhancing climate monitoring data collection [22] Market Data and Key Metrics - The company is leveraging the growing demand for TFLN devices in telecom and data center applications, which aligns with its strategy to drive early revenues from foundry services [12][13] - The company's presence at key industry events, such as Quantum World Congress 2024 and Quantum Tech Europe, has elevated its profile among government and commercial stakeholders [20] Company Strategy and Industry Competition - The company's strategy focuses on leveraging its core TFLN technology to capture multiple revenue streams in complementary markets, including energy management, automotive, and financial portfolio optimization [9][10] - The company aims to establish a best-in-class sustainable use case strategy for energy management and automotive applications, aligning with global trends in sustainable energy and advanced technology innovation [8][9] - The company is positioning itself as an early mover in emerging markets, with a focus on scalable quantum machines and high-margin revenue streams [7][13] Management Commentary on Operating Environment and Future Outlook - Management highlighted the favorable environment created by governmental support for quantum technology and initiatives aimed at fostering innovation [9] - The company is confident in its ability to execute its strategic vision, with a focus on delivering accessible, affordable, and scalable quantum solutions [34] - Management emphasized the importance of aligning external funding initiatives with the company's roadmap to ensure strategic growth [37] Other Important Information - The company raised $7 million in secured convertible debt financing during Q3 2024 and an additional $4.5 million through its ATM facility post-Q3 [30][31] - The company extended its CRADA with Los Alamos National Laboratory to explore the capabilities of its Dirac-3 machine for quantum optimization problems [19] Q&A Session Summary Question: What is the outlook for securing more contract grant revenues? - The company has bolstered its R&D proposal writing capability and expects to secure more external funding, particularly in remote sensing applications [36][37] Question: What is the timeline for the Tempe foundry to become operational? - The foundry is expected to complete construction by the end of 2024, with commissioning starting in January 2025 and operations beginning in Q1 2025 [39]