Quantum Computing Inc. Faces Mounting Losses and Stock Volatility

The company reported a $68.5 million net loss for 2024 and a sharp decline in Q4 revenue as it continues to invest in quantum technologies.

Quantum Computing Inc. reported a $68.5 million net loss for 2024, more than doubling its $27 million loss from the previous year.
The increased losses were primarily driven by a $40.5 million mark-to-market loss on warrant liabilities.
Q4 2024 revenue dropped 17% year-over-year to $62,000, while operating expenses rose 35% to $8.9 million due to higher non-cash employee-related costs and depreciation.
The company's stock fell 14% following the release of its financial results but later recovered to close with a 2% loss on March 21, 2025.
Despite financial challenges, Quantum Computing Inc. continues to invest in its Quantum Photonic Chip Foundry and other quantum technologies to expand its market presence.