secwatch.observer — SEC 8-K summary
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Issuer:     Quantum Computing Inc. (QUBT)
CIK:        0001758009
Form:       8-K/A
Filed at:   2026-09-08T20:01:37+00:00
Accession:  0001213900-26-098032
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QUBT acquires NHanced: target posts FY25 revenue $57.1M, net income $15.7M
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- NHanced FY2025 revenue $57.06M (up 58% from $36.18M in FY2024); net income $15.71M vs $8.76M.
- FY2025 gross profit $26.4M, operating income $17.8M; total assets $57.0M, equity $27.1M.
- Customer concentration risk: one U.S. customer was ~87% of FY2025 revenue (~$49M).
- FY2024 financials restated (Note 15); net cash from ops $11.7M in FY2025, cash at year end $26.8K.
- Acquisition completed June 22, 2026; pro forma combined financials filed as Exhibit 99.3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758009/000121390026098032/0001213900-26-098032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758009/000121390026098032/ea0304512-8ka1_quantum.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-098032

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