Event-Driven Stocks

Quantum Computing Inc.

QUBTNasdaq

Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 4 good● 4 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$682,000$373,000$358,000$135,648——
Operating income−$51.1M−$25.9M−$26.2M−$36.6M−$17.1M−$17.3M
Net income−$18.7M−$68.5M−$27.0M−$38.6M−$27.9M−$24.7M
Total assets$1.62B$153.6M$74.4M$89.3M$17.3M$15.3M
Total liabilities$20.7M$46.3M$5.7M$14.4M$1.1M$693,207
Equity$1.60B$107.3M$68.7M$65.1M$16.2M$14.6M
EPS (diluted)$-0.11$-0.73$-0.42$-0.52$-0.96—
Shares out.137.2M91.4M60.5M29.2M28.7M7.8M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−7489.3%
Net margin
−2738.1%
Return on equity
−1.2%
Return on assets
−1.2%
Return on capital (ROCE)
−3.2%
Liabilities / assets
1.3%
Debt / equity
0.01×
Book value / share
$11.65
Revenue growth (YoY)
82.8%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
85.14safe
Accruals / assets
0.7%clean
Beneish M-Score
8.31elevated
Piotroski F-Score
3/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
60
/ 100
Profitability 0Growth 100Catalyst 67Earnings quality 33Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 1 severe● 4 warning● 4 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Negative operating cash flow
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Insider transactions

SEC Form 4 · most recent
9 acquisitions3 disposalsnet −836,186 shares · last 12
InsiderDateTypeSharesPrice
Weimer Carl ScottDirectorApr 13, 2026Grant22,123$6.78
Turmelle Michael CDirectorApr 13, 2026Grant22,123$6.78
Shabani JavadDirectorApr 13, 2026Grant22,123$6.78
Schwartz Eric MarkDirectorApr 13, 2026Grant22,123$6.78
Fagenson Robert BDirectorApr 13, 2026Grant22,123$6.78
Roberts Christopher BruceOfficer — CFO and General CounselMar 10, 2026Option exercise400,000$6.85
Begliarbekov MilanOfficer — Chief Operating OfficerDec 31, 2025Grant13,550$10.26
Huang YupingOfficer — CEO, PresidentSep 12, 2025Gift400,000$0.00
Fagenson Robert BDirectorSep 9, 2025Sell15,000$15.02
Shabani JavadDirectorAug 18, 2025Option exercise37,474—
Huang YupingOfficer — CEO, PresidentSep 4, 2025Sell1.0M$14.41
Dianat PouyaOfficer — Chief Revenue OfficerAug 18, 2025Option exercise17,175—

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 202658.8M1.9-1.3%
Apr 30, 202659.6M3.7+8.9%
Apr 15, 202654.7M4.4-4.4%
Mar 31, 202657.2M6.1-3.0%
Mar 13, 202658.9M5.0+4.0%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)