INFQ
Infleqtion, Inc.
Price Chart
No historical data available
Latest Quote
$13.07
| Previous Close | $12.80 |
| Open | $12.61 |
| Day High | $13.32 |
| Day Low | $12.40 |
| Volume | 7,705,500 |
Stock Information
| Shares Outstanding | 225.36M |
| Total Debt | $14.53M |
| Cash Equivalents | $476.96M |
| Revenue | $42.44M |
| Net Income | $-71.20M |
| Sector | Technology |
| Industry | Software - Infrastructure |
| Market Cap | $2.95B |
| EPS (TTM) | $-0.14 |
| Exchange | NYQ |
Recent Price History
About Infleqtion, Inc.
Infleqtion, Inc. engages in the development and commercialization of quantum technology products in the United States, Europe, and Asia. It delivers neutral atom solutions for quantum computing, networking, sensing, and security. The company offers quantum sensing, quantum computing and software; quantum clocks and quantum RF sensors; and quantum inertial and gravimetric sensors for GPS-denied environments. It also offers quantum computing; contextual machine learning; quantum software; tiqker atomic clock; quantum RF receiver; inertial sensing; and quantum cores products, as well as quantum optical clocks, RF receivers, and inertial sensors. In addition, the company offers solutions for national security and resilience, space and frontier, energy and resource exploration, ai and ml, life sciences and drug discovery, materials science, and finance. It serves organizations in national security, critical national infrastructure, scientific discovery, advanced computing, space, defense, energy, finance, and telecommunications sectors. It has a collaboration with Japan Science and Technology Agency for developing quantum computers. The company was formerly known as ColdQuanta, Inc. and changed its name to Infleqtion, Inc. in January 2026. The company was founded in 2007 and is headquartered in Louisville, Colorado.
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Income Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Revenue | ||
| Reconciled Cost Of Revenue | $19,772,000 | $6,514,000 |
| Cost Of Revenue | $19,772,000 | $6,514,000 |
| Total Revenue | $28,836,000 | $10,950,000 |
| Operating Revenue | $28,836,000 | $10,950,000 |
| Expenses | ||
| Total Expenses | $68,305,000 | $66,747,000 |
| Other Income Expense | $-15,451,000 | $-125,000 |
| Other Non Operating Income Expenses | $-2,292,000 | $-125,000 |
| Net Non Operating Interest Income Expense | $1,154,000 | $3,156,000 |
| Operating Expense | $48,533,000 | $60,233,000 |
| Other Operating Expenses | $-1,057,000 | $-1,337,000 |
| Selling And Marketing Expense | $3,412,000 | $4,875,000 |
| General And Administrative Expense | $23,875,000 | $22,871,000 |
| Income & Earnings | ||
| Net Income From Continuing Operation Net Minority Interest | $-53,764,000 | $-52,766,000 |
| Net Interest Income | $1,154,000 | $3,156,000 |
| Interest Income | $1,154,000 | $3,156,000 |
| Normalized Income | $-40,605,489 | $-52,766,000 |
| Net Income From Continuing And Discontinued Operation | $-53,764,000 | $-52,766,000 |
| Total Operating Income As Reported | $-53,008,000 | $-55,797,000 |
| Net Income Common Stockholders | $-53,764,000 | $-52,766,000 |
| Net Income | $-53,764,000 | $-52,766,000 |
| Net Income Including Noncontrolling Interests | $-53,764,000 | $-52,766,000 |
| Net Income Continuous Operations | $-53,764,000 | $-52,766,000 |
| Pretax Income | $-53,766,000 | $-52,766,000 |
| Special Income Charges | $-13,159,000 | $0 |
| Interest Income Non Operating | $1,154,000 | $3,156,000 |
| Operating Income | $-39,469,000 | $-55,797,000 |
| Gross Profit | $9,064,000 | $4,436,000 |
| Other | ||
| Tax Effect Of Unusual Items | $-489 | $0 |
| Tax Rate For Calcs | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-23,694,000 | $-53,663,000 |
| Total Unusual Items | $-13,159,000 | $0 |
| Total Unusual Items Excluding Goodwill | $-13,159,000 | $0 |
| Reconciled Depreciation | $2,616,000 | $2,134,000 |
| EBITDA (Bullshit earnings) | $-36,853,000 | $-53,663,000 |
| EBIT | $-39,469,000 | $-55,797,000 |
| Diluted NI Availto Com Stockholders | $-53,764,000 | $-52,766,000 |
| Tax Provision | $-2,000 | $0 |
| Impairment Of Capital Assets | $13,539,000 | $0 |
| Restructuring And Mergern Acquisition | $-380,000 | $0 |
| Research And Development | $22,303,000 | $33,824,000 |
| Selling General And Administration | $27,287,000 | $27,746,000 |
| Other Gand A | $23,875,000 | $22,871,000 |
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Assets | ||
| Net Tangible Assets | $-192,490,000 | $-144,484,000 |
| Total Assets | $86,318,000 | $71,885,000 |
| Total Non Current Assets | $25,367,000 | $23,367,000 |
| Other Non Current Assets | $637,000 | $467,000 |
| Goodwill And Other Intangible Assets | $9,315,000 | $9,315,000 |
| Current Assets | $60,951,000 | $48,518,000 |
| Other Current Assets | $436,000 | $2,167,000 |
| Prepaid Assets | $2,759,000 | $1,589,000 |
| Inventory | $2,223,000 | $1,279,000 |
| Receivables | $7,591,000 | $3,361,000 |
| Other Receivables | $3,558,000 | $1,304,000 |
| Accounts Receivable | $4,033,000 | $2,057,000 |
| Cash Cash Equivalents And Short Term Investments | $47,942,000 | $40,122,000 |
| Cash And Cash Equivalents | $47,942,000 | $27,462,000 |
| Debt | ||
| Total Debt | $6,098,000 | $5,074,000 |
| Long Term Debt And Capital Lease Obligation | $4,774,000 | $3,988,000 |
| Current Debt And Capital Lease Obligation | $1,324,000 | $1,086,000 |
| Long Term Debt | - | $1,425,000 |
| Liabilities | ||
| Total Liabilities Net Minority Interest | $269,493,000 | $207,054,000 |
| Total Non Current Liabilities Net Minority Interest | $252,766,000 | $197,968,000 |
| Tradeand Other Payables Non Current | $408,000 | $0 |
| Current Liabilities | $16,727,000 | $9,086,000 |
| Current Deferred Liabilities | $3,402,000 | $2,551,000 |
| Payables And Accrued Expenses | $12,001,000 | $5,449,000 |
| Payables | $3,298,000 | $2,363,000 |
| Other Payable | $1,362,000 | - |
| Total Tax Payable | $575,000 | $0 |
| Accounts Payable | $1,361,000 | $2,363,000 |
| Equity | ||
| Common Stock Equity | $-183,175,000 | $-135,169,000 |
| Total Equity Gross Minority Interest | $-183,175,000 | $-135,169,000 |
| Stockholders Equity | $-183,175,000 | $-135,169,000 |
| Gains Losses Not Affecting Retained Earnings | $360,000 | $-114,000 |
| Other Equity Adjustments | $360,000 | $-114,000 |
| Retained Earnings | $-199,291,000 | $-145,527,000 |
| Preferred Securities Outside Stock Equity | $247,584,000 | $193,980,000 |
| Other | ||
| Ordinary Shares Number | $216,471,927 | $216,471,927 |
| Share Issued | $216,471,927 | $216,471,927 |
| Tangible Book Value | $-192,490,000 | $-144,484,000 |
| Invested Capital | $-183,175,000 | $-133,744,000 |
| Working Capital | $44,224,000 | $39,432,000 |
| Capital Lease Obligations | $6,098,000 | $3,649,000 |
| Total Capitalization | $-183,175,000 | $-133,744,000 |
| Additional Paid In Capital | $15,751,000 | $10,468,000 |
| Capital Stock | $5,000 | $4,000 |
| Common Stock | $5,000 | $4,000 |
| Long Term Capital Lease Obligation | $4,774,000 | $2,563,000 |
| Current Deferred Revenue | $3,402,000 | $2,551,000 |
| Current Capital Lease Obligation | $1,324,000 | $1,086,000 |
| Current Accrued Expenses | $8,703,000 | $3,086,000 |
| Goodwill | $9,315,000 | $9,315,000 |
| Net PPE | $15,415,000 | $13,585,000 |
| Accumulated Depreciation | $-6,872,000 | $-4,248,000 |
| Gross PPE | $22,287,000 | $17,833,000 |
| Leases | $1,221,000 | $1,186,000 |
| Other Properties | $6,097,000 | $3,369,000 |
| Machinery Furniture Equipment | $14,969,000 | $13,278,000 |
| Properties | $0 | $0 |
| Work In Process | $19,000 | $213,000 |
| Raw Materials | $2,204,000 | $1,066,000 |
| Other Short Term Investments | $0 | $12,660,000 |
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Free Cash Flow | ||
| Free Cash Flow | $-35,325,000 | $-51,008,000 |
| Operating Activities | ||
| Operating Cash Flow | $-32,467,000 | $-47,332,000 |
| Cash Flow From Continuing Operating Activities | $-32,467,000 | $-47,332,000 |
| Operating Gains Losses | $306,000 | $807,000 |
| Investing Activities | ||
| Capital Expenditure | $-2,858,000 | $-3,676,000 |
| Investing Cash Flow | $4,106,000 | $-16,336,000 |
| Cash Flow From Continuing Investing Activities | $4,106,000 | $-16,336,000 |
| Financing Activities | ||
| Issuance Of Capital Stock | $25,153,000 | $0 |
| Financing Cash Flow | $48,390,000 | $-5,848,000 |
| Cash Flow From Continuing Financing Activities | $48,390,000 | $-5,848,000 |
| Net Other Financing Charges | $-475,000 | $-7,484,000 |
| Net Preferred Stock Issuance | $25,153,000 | $0 |
| Preferred Stock Issuance | $25,153,000 | $0 |
| Other | ||
| Issuance Of Debt | $22,655,000 | $1,425,000 |
| End Cash Position | $48,142,000 | $27,662,000 |
| Beginning Cash Position | $27,662,000 | $97,520,000 |
| Effect Of Exchange Rate Changes | $451,000 | $-342,000 |
| Changes In Cash | $20,029,000 | $-69,516,000 |
| Proceeds From Stock Option Exercised | $1,057,000 | $211,000 |
| Net Issuance Payments Of Debt | $22,655,000 | $1,425,000 |
| Net Long Term Debt Issuance | $22,655,000 | $1,425,000 |
| Long Term Debt Issuance | $22,655,000 | $1,425,000 |
| Net Investment Purchase And Sale | $12,660,000 | $-12,660,000 |
| Sale Of Investment | $12,660,000 | - |
| Net Business Purchase And Sale | $-5,696,000 | $0 |
| Purchase Of Business | $-5,696,000 | $0 |
| Net PPE Purchase And Sale | $-2,858,000 | $-3,676,000 |
| Purchase Of PPE | $-2,858,000 | $-3,676,000 |
| Change In Working Capital | $-1,457,000 | $-1,189,000 |
| Change In Other Working Capital | $851,000 | $1,635,000 |
| Change In Other Current Liabilities | $2,449,000 | $654,000 |
| Change In Other Current Assets | $-2,736,000 | $-422,000 |
| Change In Payables And Accrued Expense | $2,576,000 | $434,000 |
| Change In Accrued Expense | $3,563,000 | $-1,121,000 |
| Change In Payable | $-987,000 | $1,555,000 |
| Change In Account Payable | $-987,000 | $1,555,000 |
| Change In Prepaid Assets | $582,000 | $-2,458,000 |
| Change In Inventory | $-944,000 | $-394,000 |
| Change In Receivables | $-4,235,000 | $-638,000 |
| Changes In Account Receivables | $-1,981,000 | $-36,000 |
| Other Non Cash Items | $281,000 | $139,000 |
| Stock Based Compensation | $3,741,000 | $3,543,000 |
| Unrealized Gain Loss On Investment Securities | $2,271,000 | $0 |
| Asset Impairment Charge | $13,539,000 | $0 |
| Depreciation Amortization Depletion | $2,616,000 | $2,134,000 |
| Depreciation And Amortization | $2,616,000 | $2,134,000 |
| Gain Loss On Sale Of PPE | $686,000 | $807,000 |
| Gain Loss On Sale Of Business | $-380,000 | $0 |
| Net Income From Continuing Operations | $-53,764,000 | $-52,766,000 |
| Purchase Of Investment | - | $-12,660,000 |