Quantum Computing Inc (QUBT) Financial

Quantum Computing, Inc. engages in developing novel algorithms and solutions utilizing quantum and quantum-inspired computing to solve difficult problems in various industries. The company is headquartered in Hoboken, New Jersey and currently employs 72 full-time employees. The company went IPO on 2018-02-01. The firm is utilizing integrated photonics and non-linear quantum optics to develop and deliver machines for quantum computing, reservoir computing, and remote sensing, imaging and cybersecurity applications. Its products are designed to operate at room temperature and low power. Its Entropy Quantum Computer is a full-stack system, incorporating the Company’s custom user interface software Qatalyst, which allows users to avoid the complexity of software development kits at the circuit level and has evolved from the Company’s primary Software as a Service offering to the software that powers its offerings. Its Reservoir Computer is a device that uses an integrated circuit that can be reprogrammed after manufacturing and optimized for recurrent neural network applications. Its Quantum Photonic Vibrometer is a proprietary, instrument for remote vibration detection, sensing, and inspection.