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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.55M | $3.69M | $198.00K | $384.00K | $61.00K | $39.00K | $62.00K | $101.00K |
| Cost of revenue | $6.72M | $4.41M | $296.00K | $258.00K | $35.00K | $26.00K | $28.00K | $92.00K |
| Gross profit | −$1.17M | −$721.00K | −$98.00K | $126.00K | $26.00K | $13.00K | $34.00K | $9.00K |
| Gross margin | -21.0% | -19.5% | -49.5% | 32.8% | 42.6% | 33.3% | 54.8% | 8.9% |
| Research and development | $8.43M | $6.97M | $7.00M | $4.51M | $5.98M | $2.99M | $4.76M | $2.24M |
| Selling, general and administrative | $13.42M | $12.86M | $15.11M | $6.02M | $4.22M | $5.31M | $4.19M | $3.20M |
| Operating expenses | $21.85M | $19.83M | $22.12M | $10.53M | $10.20M | $8.30M | $8.95M | $5.45M |
| Operating income | −$23.01M | −$20.55M | −$22.22M | −$10.40M | −$10.17M | −$8.29M | −$8.91M | −$5.44M |
| Operating margin | -414.6% | -556.8% | -11220.2% | -2709.4% | -16673.8% | -21246.2% | -14377.4% | -5384.2% |
| EBITDA | −$19.86M | −$18.58M | −$20.85M | −$9.23M | −$9.28M | −$7.31M | −$7.66M | −$4.59M |
| Interest income | $12.95M | $13.50M | $13.64M | $3.54M | $1.84M | $1.70M | $243.00K | $70.00K |
| Interest expense | −$12.00K | −$171.00K | $55.00K | −$4.00K | −$58.00K | −$58.00K | −$2.03M | −$307.00K |
| Income before taxes | −$11.75M | −$4.05M | −$1.56M | $2.38M | −$36.48M | $16.98M | −$51.24M | −$5.68M |
| Net income | −$11.75M | −$4.05M | −$1.56M | $2.38M | −$36.48M | $16.98M | −$51.24M | −$5.68M |
| Net margin | -211.7% | -109.7% | -785.9% | 620.3% | -59806.6% | 43543.6% | -82640.3% | -5618.8% |
| EPS, basic | −$0.05 | −$0.02 | −$0.01 | $0.01 | −$0.26 | $0.13 | −$0.48 | −$0.06 |
| EPS, diluted | −$0.05 | −$0.02 | −$0.01 | $0.01 | −$0.26 | $0.11 | −$0.48 | −$0.06 |
| Diluted shares | 224.73M | 223.99M | 196.73M | 166.83M | 141.40M | 153.01M | 106.99M | 93.05M |
Figures describe Quantum Computing shares, not any token. As of Aug 10, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.