---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-051804"
form_type: "8-K"
ticker: "QUBT"
cik: "0001758009"
company_name: "Quantum Computing Inc."
filed_at: "2024-06-11T23:59:59+00:00"
generated_at: "2026-06-01T05:06:00.938537+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# QCi reports Q1 revenue of $27K, net loss of $6.9M; engages new auditor BPM

## Summary
- Q1 2024 revenue ~$27,000 (42% gross margin); net loss $6.9M ($0.08 per share) vs $8.5M loss year ago.
- Operating expenses $6.4M, down 18% YoY; R&D $1.4M flat; SG&A down 25%.
- Cash $6.1M, up $4M from Dec 2023; stockholders' equity $79.3M, up 8.2%.
- Engaged BPM LLP as new auditor to re-audit FY2022 and FY2023 and audit FY2024.
- Filed unaudited interim financials after former auditor BF Borgers was permanently barred by SEC.

## SEC filing metadata
- accession: 0001213900-24-051804
- form_type: 8-K
- ticker: QUBT
- cik: 0001758009
- company_name: Quantum Computing Inc.
- filed_at: 2024-06-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758009/000121390024051804/0001213900-24-051804-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758009/000121390024051804/ea0207616-8k_quantum.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-051804
- JSON: https://secwatch.observer/filing/0001213900-24-051804.json
- Plain text: https://secwatch.observer/filing/0001213900-24-051804.txt

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