Quantum Computing Inc. · NASDAQ:QUBT

Quantum Computing — Q4 2025 Earnings Presentation

31 slides from Quantum Computing's earnings presentation, Mar 2, 2026

  1. Slide 1: Investor Presentation

    Investor Presentation NASDAQ: QUBT December 2025

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements This presentation contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. By their nature, forward-looking statements and forecasts involve risks and un

  3. Slide 3: Pioneering products to put quantum in the hands of everyone

    Pioneering products to put quantum in the hands of everyone 3 © Quantum Computing Inc.

  4. Slide 4: QCi is the only pure-play nonlinear quantum optics and integrated photonics company

    Global Photonic Integrated Circuit (PIC) Market1 QCi is the only pure- play nonlinear quantum optics $65.69B Market Size in 2032 and integrated photonics public company and is the 20.9% first nonlinear optics CAGR 2025- 2032 company to introduce products to market $14.51B Market Size in 2024 1. Fort

  5. Slide 5: Why photons?

    Why photons? As the demand for faster and more efficient data processing grows, photonics will be a critical component of future technological advancements HIGH-BANDWIDTH & DATA OVER LOWEST ENERGY PRECISION & MINIATURIZATION & FAST PROCESSING DISTANCES CONSUMPTION SENSING SCALABILITY 5 © Quantum Com

  6. Slide 6: Our advantage

    Our advantage • Size, Weight, Power, and Cost (SWaP-C) We are leaders in room- • In-house thin-film lithium niobate foundry • Positioned for adoption across defense, telecom, temperature quantum photonics. finance, sensing, and AI System level solutions Turn-key solution provider based on various te

  7. Slide 7: Recent milestones and operational focus

    Recent milestones and operational focus • 3Q25 revenues increased 280% YoY • Deepening commercial and government relationships • Recent purchase order from a top 5 U.S. bank for our quantum security solution marks a key milestone in $1.64B validating our quantum security platform for real-world use

  8. Slide 8: The QCi technology difference

    The QCi technology difference Commercial. Scalable. Available. Nonlinear Nanophotonics HD Time Freq. QIS TFLN PICs • Enable efficient and practical • Essential for building scalable • Ideal material for hosting information processing systems and extending quantum photonics: overcoming inherent infor

  9. Slide 9: Core technology platforms

    Core technology High Performance Sensing and Imaging Secure Communications Computing platforms • Quantum optimization • Single and few photon • Quantum authentication machines for binary and sensing and imaging hardware integer optimization capability • Quantum random • Reservoir computers for • Pro

  10. Slide 10: Solving real world problems with one quantum solution

    Solving real world problems with one quantum solution Our technology and products show promise for applications across multiple verticals and cross-cutting domains Energy Molecular Molecular Healthcare Financial Supply Chain Autonomous Defense Modeling Services Management Vehicle Modeling © 2018-202

  11. Slide 11: A novel material that we believe will become “the silicon of the future”

    WHAT WE MAKE APPLICATIONS Thin film lithium niobate (TFLN) Foundry services chips for photonic interconnects, optical information processing, and quantum devices. Low loss TFLN photonic integrated circuits Passive devices (Microring filters, buffers, etc.) Linear devices (EOMs, switches, Interferome

  12. Slide 12: Early mover advantage in TFLN

    Early mover advantage in First U.S.-Based TFLN Foundry, Opened in Q1 2025 TFLN The fab enables components and integrated circuits for electro-optic modulators, frequency converters & photonic integrated circuits (PICs) Unmatched Capabilities The only U.S. company capable of processing 150mm wafers;

  13. Slide 13: Long-term vision

    Long-term vision • Co-designed quantum-digital- analog integrated circuits for volume production • In-house Miniaturization Photonic circuits integrated into PCIe card nanophotonic chip manufacturing and optical subassembly • OEM of quantum machines and subsystems • Tier 1 manufacturer of quantum ch

  14. Slide 14: Vision 2032: Integrating Photonic Chips into Multiple Products

    Vision 2032: Integrating Photonic Chips into Multiple Products Quantum Intelligent Sensing Module (QiSM) • Quantum sensing + data processing onboard • Single photon lidar & vibrometer, quantum enhanced spectroscopy, entanglement enhanced/noise resilient sensing Quantum Cyber Module (QCM) • Quantum a

  15. Slide 15: Our partners

    Our partners We are proud to work with a growing number of government agencies, scientific institutions and industry leaders as we advance our hardware solutions from conception to deployment NASA 15 © Quantum Computing Inc.

  16. Slide 16: Partnership spotlight

    Partnership spotlight NASA Engagement: Awarded 7 Grants 1. Lidar snow depth evaluation 2. Solar background noise reduction QCi continues to support NASA’s 3. Accurate measurement of air particulates goal of lowering the cost of Solar noise removal from spectral mapping in lower spaceborne missions a

  17. Slide 17: QCi-led research published in a Nature journal

    QCi-led research published in a Nature journal • Demonstrates our innovative photonic machine-learning platform, showcasing real-world applicability • Represents another milestone in our roadmap: a commercial application of bridging cutting-edge technology 17 © Quantum Computing Inc.

  18. Slide 18: Our growth roadmap

    Our growth roadmap 2025 2026-2027 2028 & Beyond TFLN-BASED PHOTONICS CHIPS Fab 1 opened in Q1 Revenue from small scale, highly Fab 2 + quantum machine personalized early chip orders miniaturization resulting in large scale production of robust quantum products platform leveraging TFLN Strong pipelin

  19. Slide 19: Next steps

    Next steps • Scale our team to accelerate execution • Advance R&D for miniaturization, energy efficiency, and next-generation integrated photonics • Continue expanding Dirac-3 cloud availability to support researchers, developers, and enterprise users • Convert a growing pipeline of commercial and g

  20. Slide 20: Our team

    Our team • ~70 employees nationwide • Degrees in Physics, Chemistry, Optics, Mathematics, Computer Science, Applied AI, Mechanical & Electrical Engineering, Cybersecurity and Information Networking • 52% with postgraduate degrees • Building on 20 years of research funded by the government with over

  21. Slide 21: Leadership

    Leadership Christopher Roberts Yuping Huang, PhD Chief Financial Officer Chief Executive Officer Christopher is QCi’s CFO and General Counsel, with Yuping is the Chairman and CEO of QCi, as well as the nearly four decades of experience across corporate founding director of the Center for Quantum Sci

  22. Slide 22: Leadership, cont.

    Leadership, cont. Yong Meng Sua, PhD Pouya Dianat, PhD Milan Begliarbekov, PhD Chief Technology Officer Chief Revenue Officer Chief Operating Officer Yong Meng is QCi’s Chief Technology Officer and a Pouya is QCi’s Chief Revenue Officer and brings over Milan is QCi’s Chief Operating Officer and form

  23. Slide 23: Investment summary

    Investment summary First nonlinear optics Only pure-play Strong balance sheet company to introduce nonlinear quantum optics and with ~$1.5B in cash & products to an emerging, integrated photonics public investments to support rapidly growing photonics company growth market Sustainable roadmap and Be

  24. Slide 24: Appendix

    Appendix 24

  25. Slide 25: Dirac-3

    Dirac-3 Entropy quantum computer • The world’s most Rack mounted & powerful quantum air cooled analog machine • Revolutionary and patented approach using entropy and the On-premises installation or web- quantum vacuum based access • The first and only system to natively solve integer problems using

  26. Slide 26: Reservoir Computer

    Reservoir Computer Edge computing • The world’s first-to- Accelerates machine learning & AI market reservoir computing hardware device for “compute at the edge” efficiency • Superior performance Seamless Interface with a host and speed using minimal ethernet machine training data and maximum energy

  27. Slide 27: Remote Sensing Platform

    Remote Sensing Platform Focusing on LiDAR-based Unparalleled detection accuracy at the single photon level applications • Innovative and cost- effective solution for various remote sensing applications over Unmatched speed in data challenging operational collection and processing. environments, incl

  28. Slide 28: Quantum Secure Network Solution

    Quantum Secure Network Solution Focusing on cybersecurity & Enables quantum key distrubtion quantum authentication • Integrated quantum photonics for secure Foundation for quantum communications, authentication featuring entangled photon sources, uQRNG, and frequency converters. • Enables QKD, quant

  29. Slide 29: Income Statement

    Income Statement Three Months Ended Nine Months Ended September 30, September 30, 2025 2024 2025 2024 Total revenue $ 384 $ 101 $ 484 $ 311 Cost of revenue 258 92 319 233 Gross profit 126 9 165 78 Operating expenses Research and development 4,509 2,244 13,469 6,560 Sales and marketing 787 363 2,139

  30. Slide 30: Balance Sheet

    Balance Sheet September 30, December 31, 2025 2024 Assets Current assets: Cash and cash equivalents $ 352,436 $ 78,945 Accounts receivable, net 491 27 Inventory 956 18 Short-term investments 203,136 - Accrued interest receiveable 4,889 - Prepaid expenses and other current assets 885 161 Total curren

  31. Slide 31: NASDAQ: QUBT

    QC QUANTUM COMPUTING INC NASDAQ: QUBT

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