Financhill
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QBTS Quote, Financials, Valuation and Earnings

Last price:
$5.77
Seasonality move :
40.11%
Day range:
$5.72 - $6.76
52-week range:
$0.68 - $11.41
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
106.06x
P/B ratio:
--
Volume:
84.8M
Avg. volume:
84.3M
1-year change:
582.44%
Market cap:
$1.3B
Revenue:
$8.8M
EPS (TTM):
-$0.42
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Revenue -- $5.2M $6.3M $7.2M $8.8M
Revenue Growth (YoY) -- -- 21.69% 14.24% 22.1%
 
Cost of Revenues -- $915K $1.8M $2.9M $4.1M
Gross Profit -- $4.2M $4.5M $4.3M $4.6M
Gross Profit Margin -- 82.27% 72.13% 59.25% 52.78%
 
R&D Expenses -- $20.4M $25.4M $32.1M $37.9M
Selling, General & Admin -- $15.3M $18.1M $31.6M $47.3M
Other Inc / (Exp) -- $14.7M $2M $8.1M -$14K
Operating Expenses -- $35.7M $43.5M $63.7M $85.2M
Operating Income -- -$31.5M -$38.9M -$59.5M -$80.5M
 
Net Interest Expenses -- $5.2M $4M $2.3M $2.2M
EBT. Incl. Unusual Items -- -$22M -$41M -$53.7M -$82.7M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -$22M -$41M -$53.7M -$82.7M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$22M -$41M -$53.7M -$82.7M
 
Basic EPS (Cont. Ops) -- -$0.20 -$0.37 -$0.45 -$0.60
Diluted EPS (Cont. Ops) -- -$0.20 -$0.37 -$0.45 -$0.60
Weighted Average Basic Share -- $109.7M $109.7M $119.6M $138M
Weighted Average Diluted Share -- $109.7M $109.7M $119.6M $138M
 
EBITDA -- -$14.1M -$34.4M -$49M -$80.8M
EBIT -- -$16.8M -$37M -$51.4M -$82.7M
 
Revenue (Reported) -- $5.2M $6.3M $7.2M $8.8M
Operating Income (Reported) -- -$31.5M -$38.9M -$59.5M -$80.5M
Operating Income (Adjusted) -- -$16.8M -$37M -$51.4M -$82.7M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- $1.3M $1.7M $2.6M $1.9M
Revenue Growth (YoY) -- -- 29.69% 51.15% -27.01%
 
Cost of Revenues -- $307K $654K $1M $827K
Gross Profit -- $1M $1M $1.5M $1M
Gross Profit Margin -- 76.51% 61.42% 59.68% 55.78%
 
R&D Expenses -- $6.3M $7.5M $9.5M $8.7M
Selling, General & Admin -- $4.5M $8.7M $10.5M $13M
Other Inc / (Exp) -- $1.2M $4.1M $4.1M -$896K
Operating Expenses -- $6.2M $16.2M $19.9M $21.7M
Operating Income -- -$5.2M -$15.2M -$18.4M -$20.6M
 
Net Interest Expenses -- $205K $633K $1.8M $1.2M
EBT. Incl. Unusual Items -- -$4.2M -$11.7M -$16.1M -$22.7M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -$4.2M -$11.8M -$16.1M -$22.7M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$4.2M -$11.7M -$16.1M -$22.7M
 
Basic EPS (Cont. Ops) -- -$0.04 -$0.10 -$0.12 -$0.11
Diluted EPS (Cont. Ops) -- -$0.04 -$0.10 -$0.12 -$0.11
Weighted Average Basic Share -- $109.7M $116.3M $133.2M $201.6M
Weighted Average Diluted Share -- $109.7M $116.3M $133.2M $201.6M
 
EBITDA -- -$3.3M -$10.7M -$14.7M -$21.1M
EBIT -- -$4M -$11M -$15.1M -$21.5M
 
Revenue (Reported) -- $1.3M $1.7M $2.6M $1.9M
Operating Income (Reported) -- -$5.2M -$15.2M -$18.4M -$20.6M
Operating Income (Adjusted) -- -$4M -$11M -$15.1M -$21.5M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- -- $7.2M $8.2M $9.4M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- -- $2.8M $4.3M $3.4M
Gross Profit -- -- $4.4M $4M $6.1M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- $27.9M $40.2M $33.5M
Selling, General & Admin -- -- $25.9M $48.8M $46.1M
Other Inc / (Exp) -- $1.8M $4.9M $4.6M $1.4M
Operating Expenses -- -- $63M $89M $79.6M
Operating Income -- -- -$58.5M -$85M -$73.5M
 
Net Interest Expenses -- $589K $5.2M $4M $1.7M
EBT. Incl. Unusual Items -- -- -$58.8M -$84.5M -$73.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -- -$59.2M -$84.5M -$73.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -- -$58.8M -$84.5M -$73.8M
 
Basic EPS (Cont. Ops) -- -- -$0.53 -$0.69 -$0.42
Diluted EPS (Cont. Ops) -- -- -$0.53 -$0.69 -$0.42
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -- -- -$51.4M -$80.4M -$70.3M
EBIT -- -- -$53.6M -$82.6M -$72.1M
 
Revenue (Reported) -- -- $7.2M $8.2M $9.4M
Operating Income (Reported) -- -- -$58.5M -$85M -$73.5M
Operating Income (Adjusted) -- -- -$53.6M -$82.6M -$72.1M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue -- $3.9M $4.8M $5.9M $6.5M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues -- $1.1M $1.9M $3.2M $2.4M
Gross Profit -- $2.8M $2.9M $2.7M $4.1M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- $19.1M $21.8M $29.9M $25.5M
Selling, General & Admin -- $11.8M $19.6M $36.7M $35.5M
Other Inc / (Exp) -- $1.8M $4.8M $1.2M $2.7M
Operating Expenses -- $21.7M $41.4M $66.7M $61.1M
Operating Income -- -$18.9M -$38.5M -$64M -$57M
 
Net Interest Expenses -- $589K $1.7M $3.9M $3.5M
EBT. Incl. Unusual Items -- -$17.7M -$35.5M -$66.7M -$57.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -- -$17.7M -$35.9M -$66.7M -$57.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -- -$17.7M -$35.5M -$66.7M -$57.8M
 
Basic EPS (Cont. Ops) -- -$0.16 -$0.32 -$0.53 -$0.32
Diluted EPS (Cont. Ops) -- -$0.16 -$0.32 -$0.53 -$0.32
Weighted Average Basic Share -- $329.2M $335.7M $383.7M $535M
Weighted Average Diluted Share -- $329.2M $335.7M $383.7M $535M
 
EBITDA -- -$15.2M -$32.2M -$63.5M -$53M
EBIT -- -$17.1M -$33.8M -$64.9M -$54.3M
 
Revenue (Reported) -- $3.9M $4.8M $5.9M $6.5M
Operating Income (Reported) -- -$18.9M -$38.5M -$64M -$57M
Operating Income (Adjusted) -- -$17.1M -$33.8M -$64.9M -$54.3M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Cash and Equivalents -- $21.3M $9.5M $7.1M $41.3M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- $590K $421K $757K $1.7M
Inventory -- $2.5M $2.1M $2.2M $2.1M
Prepaid Expenses -- $1.2M $1.1M $2.1M $1.9M
Other Current Assets -- -- -- $1.4M $36K
Total Current Assets -- $41.3M $16M $13.9M $47M
 
Property Plant And Equipment -- $5.8M $11.8M $11.4M $10.8M
Long-Term Investments -- $5K $1.2M $1.2M $1.2M
Goodwill -- -- -- -- --
Other Intangibles -- $148K $272K $244K $179K
Other Long-Term Assets -- -- -- -- --
Total Assets -- $47.5M $29.5M $26.9M $59.4M
 
Accounts Payable -- $2.2M $2.1M $3.8M $1.5M
Accrued Expenses -- $2M $2.4M $5M $2.7M
Current Portion Of Long-Term Debt -- $355K $432K $1.9M $399K
Current Portion Of Capital Lease Obligations -- $1.5M $1.7M $1.5M $1.4M
Other Current Liabilities -- -- -- -- --
Total Current Liabilities -- $12M $10.4M $16M $11.3M
 
Long-Term Debt -- $1.3M $30.3M $31.2M $63.9M
Capital Leases -- -- -- -- --
Total Liabilities -- $14.7M $47.8M $56.4M $83.8M
 
Common Stock -- $192.4M $189.9M $11K $16K
Other Common Equity Adj -- -$10.5M -$10.4M -$10.4M -$10.5M
Common Equity -- -$157.2M -$208.2M -$29.5M -$24.5M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- $32.7M -$18.4M -$29.5M -$24.5M
 
Total Liabilities and Equity -- $47.5M $29.5M $26.9M $59.4M
Cash and Short Terms -- $21.3M $9.5M $7.1M $41.3M
Total Debt -- $1.7M $30.7M $33.5M $64.2M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents -- -- $13.8M $53.3M $29.3M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net -- -- $740K $395K $1.1M
Inventory -- -- $2.5M $2.2M $1.9M
Prepaid Expenses -- -- $5.9M $1.7M $2M
Other Current Assets -- -- $2M $36K $487K
Total Current Assets -- -- $26.3M $58.2M $35.1M
 
Property Plant And Equipment -- -- $10.6M $10.4M $11.1M
Long-Term Investments -- -- -- -- $2.6M
Goodwill -- -- -- -- --
Other Intangibles -- -- -- -- --
Other Long-Term Assets -- -- $1.3M $1.4M $200K
Total Assets -- -- $38.5M $70.2M $49.6M
 
Accounts Payable -- -- $3.2M $1.5M $696K
Accrued Expenses -- -- $3.8M $4.4M $2.7M
Current Portion Of Long-Term Debt -- -- $2.3M $311K $14.1M
Current Portion Of Capital Lease Obligations -- -- $1.5M $1.4M $1.6M
Other Current Liabilities -- -- -- -- --
Total Current Liabilities -- -- $14.6M $43.3M $25.8M
 
Long-Term Debt -- -- $12.9M $9.1M $32M
Capital Leases -- -- -- -- --
Total Liabilities -- -- $39.2M $61.4M $66.5M
 
Common Stock -- -- $11K $15K $20K
Other Common Equity Adj -- -- -$10.4M -$10.5M -$10.6M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity -- -- -$710K $8.8M -$16.9M
 
Total Liabilities and Equity -- -- $38.5M $70.2M $49.6M
Cash and Short Terms -- -- $13.8M $53.3M $29.3M
Total Debt -- -- $15.6M $39.2M $46.1M
Period Ending 2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31
Net Income to Stockholders -- -$22M -$41M -$53.7M -$82.7M
Depreciation & Amoritzation -- $2.7M $2.6M $2.3M $1.8M
Stock-Based Compensation -- $3M $1.7M $9.2M $21.9M
Change in Accounts Receivable -- -$1.1M $2.4M $995K -$554K
Change in Inventories -- -$652K $182K -$148K -$237K
Cash From Operations -- -$29.3M -$34.8M -$45.2M -$60.6M
 
Capital Expenditures -- $789K $2M $498K $630K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$789K -$2M -$498K -$630K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- $111K $20M $29M
Long-Term Debt Repaid -- -- -$430K -$21.9M -$2.3M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -$542K $25.1M $5M $66.9M
Cash From Financing -- $43.1M $24.9M $43.3M $95.6M
 
Beginning Cash (CF) -- $8.3M $21.3M $9.5M $7.1M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- $13.1M -$11.9M -$2.5M $34.4M
Ending Cash (CF) -- $21.3M $9.5M $7.1M $41.3M
 
Levered Free Cash Flow -- -$30.1M -$36.8M -$45.7M -$61.3M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -- -$4.2M -$11.8M -$16.1M -$22.7M
Depreciation & Amoritzation -- $655K $367K $383K $450K
Stock-Based Compensation -- $225K $1.8M $5.9M $4.1M
Change in Accounts Receivable -- -$5.2M $1.7M $47K $113K
Change in Inventories -- -$68K -$383K -$154K -$151K
Cash From Operations -- -$7.3M -$12.8M -$16.9M -$18.1M
 
Capital Expenditures -- $442K $98K $97K $369K
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$442K -$98K -$97K -$369K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- $420K $14.7M --
Long-Term Debt Repaid -- -$24K -$20M $1.4M -$16.4M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- $2.9M -$3.3M $38K -$119K
Cash From Financing -- $2.9M $16.2M $62.8M $7M
 
Beginning Cash (CF) -- $13.2M $10.5M $7.5M $40.9M
Foreign Exchange Rate Adjustment -- -$220K $34K $15K -$151K
Additions / Reductions -- -$4.9M $3.3M $45.8M -$11.4M
Ending Cash (CF) -- $8M $13.8M $53.3M $29.3M
 
Levered Free Cash Flow -- -$7.8M -$12.9M -$17M -$18.4M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -- -- -$59.2M -$84.5M -$73.8M
Depreciation & Amoritzation -- -- $2.2M $2.2M $1.8M
Stock-Based Compensation -- $555K $4.5M $23.2M $16.3M
Change in Accounts Receivable -- -- $14.6M -$447K -$439K
Change in Inventories -- -- -$473K $301K -$300K
Cash From Operations -- -- -$41.5M -$56.8M -$59.4M
 
Capital Expenditures -- $1.7M $608K $358K $1.9M
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -- -$608K -$358K -$2.6M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- $20.4M -- --
Long-Term Debt Repaid -- -- -$20.4M -$1.9M -$18.6M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- $8.6M $5.4M $65.2M
Cash From Financing -- -- $47.9M $96.7M $38.1M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -- -- $5.8M $39.6M -$23.9M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -- -- -$42.1M -$57.2M -$61.3M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -- -$17.7M -$35.9M -$66.7M -$57.8M
Depreciation & Amoritzation -- $1.9M $1.5M $1.4M $1.4M
Stock-Based Compensation -- $555K $3.4M $17.4M $11.8M
Change in Accounts Receivable -- -$10.7M $1.4M $7K $122K
Change in Inventories -- -$29K -$684K -$235K -$298K
Cash From Operations -- -$27.6M -$34.3M -$45.9M -$44.7M
 
Capital Expenditures -- $1.7M $316K $176K $1.4M
Cash Acquisitions -- -- -- -- --
Cash From Investing -- -$1.7M -$316K -$176K -$2.2M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- $20.3M $29M --
Long-Term Debt Repaid -- -$422K -$20.4M -$390K -$16.8M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- $16.3M -$168K $282K -$1.5M
Cash From Financing -- $16M $39M $92.4M $34.9M
 
Beginning Cash (CF) -- $56.2M $37.6M $23.6M $109.5M
Foreign Exchange Rate Adjustment -- $42K -$31K -$70K -$82K
Additions / Reductions -- -$13.3M $4.3M $46.3M -$12M
Ending Cash (CF) -- $42.9M $41.9M $69.8M $97.4M
 
Levered Free Cash Flow -- -$29.3M -$34.7M -$46.1M -$46.1M

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