---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-053276"
form_type: "8-K/A"
ticker: "QUBT"
cik: "0001758009"
company_name: "Quantum Computing Inc."
filed_at: "2022-09-02T23:59:59+00:00"
generated_at: "2026-06-23T16:41:12.173514+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# QPhoton audited financials: $1.4M net loss, no revenue, going concern doubt

## Summary
- QPhoton had zero revenue for 2021 and 2020; net loss of $1.41M in 2021 ($0.27 diluted loss per share).
- Accumulated deficit of $2.25M as of Dec 31, 2021; working capital deficiency of $32,809.
- Auditor BF Borgers CPA PC expressed substantial doubt about QPhoton's ability to continue as a going concern.
- QPhoton received $2.5M bridge financing from Quantum Computing Inc. after Dec 31, 2021, noted in subsequent events.
- 2021 operating expenses were $1.06M, including $747K stock-based compensation and $120K salaries.

## SEC filing metadata
- accession: 0001213900-22-053276
- form_type: 8-K/A
- ticker: QUBT
- cik: 0001758009
- company_name: Quantum Computing Inc.
- filed_at: 2022-09-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758009/000121390022053276/0001213900-22-053276-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758009/000121390022053276/ea165244-8ka_quantum.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-053276
- JSON: https://secwatch.observer/filing/0001213900-22-053276.json
- Plain text: https://secwatch.observer/filing/0001213900-22-053276.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.