Quantum Optics and Photonics Technology Company QCi Announces Its Financial Results for the First Quarter of 2024

Quantum Computing Inc., a company specializing in quantum optics and nanophotonics technologies, announced yesterday its financial performance for the first quarter of 2024. The quarter saw total revenues of approximately $27,000, operating expenses of $6.4 million, and research and development expenses of $1.4 million. The net loss for the reporting period was $6.9 million, with total assets amounting to $83.1 million and total liabilities at $3.8 million.

QUANTUMWIRE.COM

NewsFlash