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QCLS

Q/C Technologies, Inc.

QCLS

Q/C Technologies, Inc. • NASDAQ
$3.58 ▼ -1.65% (-0.06)
Market Cap $6.32 M
52w High $164.00
52w Low $2.50
Dividend Yield 0%
P/E -0.03
Volume 42.73K
Outstanding Shares 1.77M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $1.789M ▼ $-2.811M ▼ 0% $-2.503 ▲ $0 ▲
Q2-2025 $0 $1.873M ▼ $-1.796M ▼ 0% $-17.661 ▲ $-1.873M ▲
Q1-2025 $0 $2.472M ▲ $-1.125M ▲ 0% $-36.231 ▲ $-2.472M ▼
Q4-2024 $0 $2.189M ▲ $-2.064M ▼ 0% $-93.23 ▲ $-2.189M ▼
Q3-2024 $0 $1.826M $-1.929M 0% $-110.987 $-1.826M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $9.996M ▲ $37.232M ▲ $15.914M ▲ $21.318M ▲
Q2-2025 $3.813M ▼ $17.151M ▼ $5.55M ▲ $11.601M ▼
Q1-2025 $5.879M ▼ $18.781M ▼ $4.939M ▼ $13.842M ▼
Q4-2024 $8.518M ▼ $21.421M ▼ $6.701M ▼ $14.72M ▼
Q3-2024 $10.642M $24.044M $6.989M $17.055M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-2.811M ▼ $-1.16M ▲ $-1.495M ▼ $9.352M ▲ $6.697M ▲ $-1.16M ▲
Q2-2025 $-1.796M ▼ $-2.065M ▲ $2.2M ▼ $0 $134.309K ▲ $-2.065M ▲
Q1-2025 $-1.125M ▲ $-2.64M ▼ $2.54M ▲ $0 ▲ $-99.91K ▲ $-2.64M ▼
Q4-2024 $-2.064M ▼ $-764.115K ▲ $1.102M ▼ $-1.357M ▼ $-1.019M ▼ $-764.115K ▲
Q3-2024 $-1.929M $-3.787M $3.086M $1.357M $656.325K $-3.787M

Five-Year Company Overview

Income Statement

Income Statement QCLS is essentially a pre‑revenue company. It has not yet generated sales, and its losses so far come from operating expenses rather than from any failed product line. The trend over the past few years shows modest but persistent losses, which is typical for an early‑stage, research‑heavy tech company. The very large swings in reported earnings per share mostly reflect share count changes, not big shifts in the underlying business. Overall, the income statement tells a story of a company still in setup mode, funding development and strategy rather than running a mature operation.

Balance Sheet

Balance Sheet The balance sheet is very small and simple. QCLS carries very limited assets, minimal equity, and no reported debt or cash on these snapshots, which underscores how early and lean the company is. The absence of leverage reduces financial risk from lenders, but the tiny capital base also means there is limited cushion to absorb setbacks. Future growth will likely depend on external funding or new equity issuance, given the current scale of the balance sheet.

Cash Flow

Cash Flow Cash flow shows small but steady outflows from operations and essentially no spending on physical assets. This means most cash use is going to basic overhead and development work rather than heavy equipment or facilities. The pattern is consistent with a company building out a new technology platform, but it also highlights ongoing cash burn without offsetting inflows from customers yet. Sustaining this path will require continued access to funding until the business model starts to produce revenue.

Competitive Edge

Competitive Edge QCLS is trying to carve out a very specific niche: it holds exclusive global rights to LightSolver’s laser‑based computing technology for cryptocurrency uses. That exclusivity is its main competitive hook, giving it a protected beachhead in a specialized market. The potential advantages are speed, energy efficiency, and simpler hardware compared with traditional or quantum systems, which could appeal to high‑intensity crypto and optimization workloads. On the other hand, the company is tiny, the market is crowded with fast‑moving competitors in both quantum and high‑performance computing, and the value of its exclusivity depends heavily on how the crypto sector evolves and how strong LightSolver’s technology remains versus alternatives.

Innovation and R&D

Innovation and R&D The core of QCLS’s story is innovation rather than current financial strength. It has pivoted from pharmaceuticals to “quantum‑class” optical computing, centered on LightSolver’s Laser Processing Unit. The technology aims to use light for complex problem‑solving at high speed and low energy, and QCLS plans to monetize this through sales, leasing, and licensing, especially in crypto and decentralized infrastructure networks. The roadmap includes scaling to much larger problem sizes over the next several years, and success will depend on turning this technical promise into real‑world deployments, software ecosystems, and partnerships. The reliance on a single technology partner is a key risk, but also the source of its differentiation.

Summary

QCLS is an early‑stage, pre‑revenue tech company with a very small financial footprint and a highly ambitious technological story. The financials show a lean balance sheet, ongoing but modest losses, and steady cash burn, all consistent with a business still in the build‑out phase. Strategically, the company is betting on exclusive access to a novel optical computing platform tailored to crypto and related high‑performance use cases. The upside rests on successful commercialization of this technology and adoption by real customers; the downside lies in execution risk, dependence on one partner, and the uncertain trajectory of both the crypto and advanced‑computing markets. Overall, QCLS is a high‑uncertainty, innovation‑driven story rather than a fundamentals‑driven, mature operating business at this stage.

NEWS

October 30, 2025 · 9:15 AM UTC

Q/C Technologies Introduces Proprietary qc-LPU100™ Brand of Quantum-Class Laser Processing Units

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October 16, 2025 · 9:15 AM UTC

Q/C Technologies Appoints Technion Professor Dr. Steven Frankel as Senior Quantum Advisor to Advance Photonic and Quantum-Class Computing Initiatives

Read more