Core Viewpoint - A securities class action lawsuit has been filed against Quantum Computing Inc. for allegedly making false and misleading statements regarding its technologies, relationships, and financial dealings, which may have significantly impacted its business and reputation [1][2]. Group 1: Allegations Against Quantum Computing - The lawsuit claims that Quantum Computing overstated the capabilities of its quantum computing technologies, products, and services [2]. - It is alleged that the company misrepresented its relationship with NASA and the nature of its contracts with the agency [2]. - The complaint states that Quantum Computing exaggerated its progress in developing a thin film lithium niobate foundry and the scale of its operations [2]. - The company is accused of engaging in undisclosed related party transactions that inflated its revenues [2]. Group 2: Impact of Reports on Stock Price - On December 9, 2024, Iceberg Research published a report questioning the legitimacy of Quantum Computing's foundry claims, leading to a nearly 6% drop in stock price [3]. - Following a report by Capybara Research on January 16, 2025, which labeled Quantum Computing as a fraud, the stock price fell nearly 15% over two trading sessions [4]. Group 3: Legal Proceedings - Investors who acquired shares of Quantum Computing during the class period are encouraged to contact the law firm Gainey McKenna & Egleston before the April 16, 2025 lead plaintiff motion deadline [5].

Core Insights - Quantum Computing Inc. (QCi) has received a second purchase order for its LiDAR-based R&D offering from Delft University of Technology, a top-ranked technical university globally [1][2] - The order is for a Quantum Photonic Vibrometer (QPV), which is designed for sensing applications in challenging environments and is particularly suited for Non-Destructive Testing (NDT) and Structural Health Monitoring (SHM) [2][3] - The QPV's advanced photon-counting capabilities and high sensitivity make it a compelling choice for TU Delft's research needs, marking a significant step in integrating quantum sensing technologies into NDT/SHM techniques [3][4] Company Overview - QCi specializes in integrated photonics and quantum optics technology, providing accessible quantum machines that operate at room temperature and low power [8] - The company's product portfolio includes technologies for high-performance computing, artificial intelligence, cybersecurity, and remote sensing applications [8] Collaboration and Development - Assistant Professor Vahid Yaghoubi from TU Delft is leading the evaluation of the QPV, benchmarking it against classical vibrometers to validate its performance [4][5] - Associate Professor Nathan Eskue from TU Delft has joined QCi to test and deploy the QPV as part of planned collaborations, contributing to research on Industry 5.0 [6] Market Demand - The order from TU Delft follows a previous purchase by John Hopkins University for QCi's Scanning LiDAR, indicating a growing demand for advanced non-destructive testing technologies [7]

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Quantum Computing Inc. investors who were adversely affected by alleged securities fraud between March 30, 2020 and January 15, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/quantum-computing-inc-lawsuit-submission-form?prid=139898&wire=4 QUBT investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500. CASE DETAILS: T ...

NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Quantum Computing Inc. (NASDAQ: QUBT). https://securitiesclasslaw.com/securities/quantum-computing-inc-loss-submission-form/?id=139436&from=3 CONTACT: The Gross Law Firm 15 West 38th Street, 12th floor New York, NY, 10018 Email: dg@securitiesclasslaw.com Phone: (646) 453-8903 CLASS PERIOD: March 30, 2020 to January 15, 2025 DEADLINE: April 28, 2025 Shareholders should not delay in registering for t ...

Core Viewpoint - Quantum Computing Inc. (QCI) is facing allegations of issuing materially false and misleading statements regarding its quantum computing technologies, relationships with NASA, and business dealings, which may have led to inflated stock prices during the class period from March 30, 2020, to January 15, 2025 [2]. Group 1: Allegations - Defendants allegedly overstated the capabilities of QCI's quantum computing technologies, products, and services [2]. - The nature and scope of QCI's relationship with NASA, including contracts and subcontracts, were also overstated [2]. - Claims regarding QCI's progress in developing a thin film lithium niobate (TFLN) foundry and related orders for TFLN chips were allegedly exaggerated [2]. - Business dealings with Quad M and millionways were classified as related party transactions, which were not disclosed [2]. - QCI's revenues were reportedly reliant on undisclosed related party transactions [2]. - The revelations of these issues are likely to have a significant negative impact on QCI's business and reputation [2]. - Public statements made by the defendants were materially false and misleading throughout the relevant period [2]. Group 2: Class Action Details - Shareholders who purchased QUBT shares during the class period are encouraged to register for the class action by April 28, 2025 [3]. - Registration allows shareholders to receive updates through portfolio monitoring software regarding the case's status [3]. - There is no cost or obligation for shareholders to participate in the case [3]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].

Core Viewpoint - A securities class action lawsuit has been filed against Quantum Computing Inc. (QCI) for allegedly making materially false and misleading statements regarding its business operations and prospects during the class period from March 30, 2020, to January 15, 2025 [1][2]. Allegations Against QCI - The lawsuit claims that QCI overstated the capabilities of its quantum computing technologies, products, and services [2]. - It is alleged that QCI misrepresented the nature and scope of its relationship with NASA, including its contracts and subcontracts [2]. - The company purportedly exaggerated its progress in developing a thin film lithium niobate (TFLN) foundry and the scale of its operations related to TFLN chips [2]. - QCI's business dealings included undisclosed related party transactions, which contributed to its revenue [2]. - The lawsuit suggests that the eventual revelation of these issues would significantly harm QCI's business and reputation, indicating that the positive statements made by the company lacked a reasonable basis [2]. Lead Plaintiff Process - Investors in QCI have until April 28, 2025, to seek appointment as a lead plaintiff representative for the class, or they may choose to remain absent [3]. - The lead plaintiff will represent all class members in directing the litigation and will select counsel to represent the class [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has recovered billions for victims of corporate misconduct [4].

Core Viewpoint - A securities class action lawsuit has been filed against Quantum Computing Inc. (QCI) for allegedly making false and misleading statements regarding its business operations and financial prospects during the class period from March 30, 2020, to January 15, 2025 [1]. Allegations Against QCI - The complaint claims that QCI overstated the capabilities of its quantum computing technologies, products, and services [3]. - It is alleged that QCI exaggerated its relationship with NASA, including the nature and scope of related contracts and subcontracts [3]. - The company purportedly overstated its progress in developing a thin film lithium niobate (TFLN) foundry and the scale of its TFLN chip orders [3]. - QCI's business dealings included undisclosed related party transactions, which contributed to its revenue [3]. - The lawsuit suggests that the eventual revelation of these issues would significantly harm QCI's business and reputation [3]. - Positive statements made by QCI regarding its business operations were claimed to be materially misleading and lacked a reasonable basis [3]. Lead Plaintiff Process - Investors in QCI have until April 28, 2025, to seek appointment as a lead plaintiff representative of the class [4]. - A lead plaintiff acts on behalf of all class members and typically has the largest financial interest in the case [4]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [4].

Core Viewpoint - A securities class action lawsuit has been filed against Quantum Computing Inc. (QCI) for allegedly making materially false and misleading statements regarding its business operations and prospects during the class period from March 30, 2020, to January 15, 2025 [1][2]. Allegations Against Defendants - The complaint alleges that QCI overstated the capabilities of its quantum computing technologies, products, and services [2] - It is claimed that QCI exaggerated the nature and scope of its relationship with NASA, including contracts and subcontracts [2] - The company allegedly overstated its progress in developing a thin film lithium niobate (TFLN) foundry and the scale of its TFLN chip orders [2] - QCI's business dealings included undisclosed related party transactions, which contributed to its revenue [2] - The revelations of these issues are expected to have a significant negative impact on QCI's business and reputation [2] - Defendants' positive statements about QCI's business were deemed materially misleading and lacked a reasonable basis [2]. Lead Plaintiff Process - Investors in QCI can seek to be appointed as lead plaintiff representatives by April 28, 2025, or may choose to remain absent class members [3] - The lead plaintiff will represent all class members in directing the litigation and selecting counsel [3] - Participation as a lead plaintiff does not affect the ability to share in any recovery from the lawsuit [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4].

NEW YORK, March 24, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Quantum Computing Inc. (NASDAQ: QUBT).Shareholders who purchased shares of QUBT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/quantum-computing-inc-loss-submission-form/?id=137701&from=4 CLASS PERIOD: March ...

Financial Data and Key Metrics Changes - Fourth quarter 2024 revenues totaled approximately $62,000, a decrease from $75,000 in the prior-year quarter [23] - Gross margin improved significantly to 55%, up from 13% in the fourth quarter of 2023, driven by a focus on reducing direct costs [23] - Net loss attributable to common stockholders was $51.2 million or $0.47 per basic share, compared to a net loss of $6.8 million in the prior-year quarter, primarily due to non-cash charges related to the company's warrant liability [25] - Total assets increased to $153.6 million, up from $74.4 million at year-end 2023 [25] - Cash and cash equivalents increased by $76.9 million to $78.9 million at year-end, bolstered by net proceeds of $92.1 million raised in the fourth quarter [26] - Stockholders' equity rose to $107.3 million, reflecting a strengthened capital position [27] Business Line Data and Key Metrics Changes - The company is focused on delivering quantum-enhanced solutions through its Dirac-3 quantum optimization machine, which operates at room temperature and consumes less than 100 watts [9][10] - The photonic chip technology is advancing, with the foundry in Tempe, Arizona, on track to begin production in early Q2 2025 [15][27] - Multiple preorders for TFLN photonic chips were secured, reinforcing the strategy in the growing demand for high-performance, energy-efficient photonic integrated circuits [16][17] Market Data and Key Metrics Changes - The company has secured contracts with NASA for developing quantum modeling and enhancing data collection capabilities, demonstrating the demand for its quantum solutions [13][14] - The company is actively engaged with commercial and government partners, attending numerous industry trade shows to strengthen customer relationships and expand market presence [17][18] Company Strategy and Development Direction - The company aims to scale and accelerate the commercialization of its technology in 2025, focusing on revenue generation from its foundry and quantum machines [20][29] - The strategy includes expanding industry partnerships and continuing R&D innovation to push the boundaries of photonic computing [20][29] Management's Comments on Operating Environment and Future Outlook - Management expressed excitement about the growing recognition of quantum technology and the company's unique position in delivering accessible solutions [6][7] - The focus remains on executing the commercialization strategy while managing financial resources prudently [27] Other Important Information - The company has strengthened its balance sheet significantly compared to the previous year, positioning itself well for future growth [20][27] - The foundry is expected to ramp up operations gradually, with proof of concept chips being delivered to customers in Q2 [39] Q&A Session Summary Question: Focus on international opportunities - Management indicated a current focus on domestic business while also having some orders for photonic chips offshore in Europe and Asia [33][34] Question: Foundry operational efficiency - Management acknowledged a startup time for the foundry, with plans to deliver proof of concept chips in Q2 and a gradual ramp-up to full operational efficiency [38][39]