{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-067742","form_type":"8-K","ticker":"QUBT","cik":"0001758009","company_name":"Quantum Computing Inc.","filed_at":"2024-08-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.428595+00:00","generated_at":"2026-05-31T10:05:29.786051+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Quantum Computing restates 2022-2023 financials; prior statements no longer reliable","bullets":["Re-audit by BPM LLP found errors in purchase accounting, Series A dividends, debt/equity costs, notes receivable, and operating expenses.","Estimated 2023 net loss increases by ~$1M; 2022 net loss decreases by ~$8M.","Assets decline by ~$4M (2023) and ~$11M (2022); stockholders' equity down ~$4M and ~$10M, respectively.","Cash balances are unaffected by the restatements; filing of amended 10-K/A expected in coming weeks.","Prior auditor BF Borgers was subject to an SEC cease-and-desist order, triggering the re-audit."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-067742","json":"https://secwatch.observer/filing/0001213900-24-067742.json","markdown":"https://secwatch.observer/filing/0001213900-24-067742.md","text":"https://secwatch.observer/filing/0001213900-24-067742.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1758009/000121390024067742/0001213900-24-067742-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1758009/000121390024067742/ea0211035-8k_quantum.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T10:05:29.786051+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}