Infleqtion, Inc. INFQ
"coherence" refers to the ability of a quantum system to maintain a well-defined phase relationship between different states in a superposition (when qubits are in multiple states at the same time).
"contextual machine learning" or "CML" refers to techniques that enable machine learning models to process large amounts of data simultaneously.
"entanglement" refers to a fundamental phenomenon where two or more quantum bits (qubits) become interconnected and instantly correlated with the state of each other, regardless of the distance between them. This unique linkage enables quantum systems to represent and manipulate complex correlations in data.
"fault-tolerant quantum computing" refers to quantum computing that operates reliably even in the presence of errors, provided the error rate is below a certain threshold.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| SG&A | $2.0M | $51.9K | — |
| Operating income | -$8.0M | -$51.9K | — |
| Net income | -$66.9M | -$51.9K | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Cash and equivalents | $702.2K | $0 | $0 |
| Total current assets | $1.1M | $0 | — |
| Total assets | $424.9M | $157.9K | — |
| Total current liabilities | $75.8M | $184.8K | — |
| Total liabilities | $78.8M | $184.8K | — |
| Retained earnings | -$77.6M | -$51.9K | — |
| Total equity | -$77.6M | -$26.9K | $0 |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Operating cash flow | -$2.3M | $0 | — |
| Investing cash flow | -$413.0M | $0 | — |
| Financing cash flow | $416.0M | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-134544.
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