Benzinga·2025-08-14 20:31Financial Performance - Quantum Computing, Inc. reported a quarterly loss of $0.26 per share, missing the consensus estimate of a loss of $0.06 per share [1] - Quarterly revenue was $61,000, falling short of the Street estimate of $100,000 and down from $183,000 in the same quarter of the previous year [1] Operational Highlights - The company noted meaningful commercial progress in the second quarter, securing new customer wins in quantum sensing, cybersecurity, and AI [2] - First shipments to leading research institutions and commercial enterprises in Europe, Asia, and the U.S. were highlighted, along with deepening engagement with NASA, indicating growing demand for QCi's photonic technologies [2] Expenses and Assets - Operating expenses totaled $10.2 million, up from $5.3 million in the same quarter last year, primarily due to higher employee-based expenses [4] - Total assets as of June 30, 2025, were $426.1 million, an increase from $153.6 million at December 31, 2024 [4] - Cash and cash equivalents rose by $269.8 million to $348.8 million from year-end 2024 [4] Stock Performance - Quantum Computing's stock was down 2.60% at $15.38 in extended trading following the earnings report [3]