Horizon Quantum Holdings Ltd
HQTechnology·Software - Infrastructure·Singapore·Small·NASD·Nov 11 • 9:46 AM ET
13.34+0.75 (5.96%)
2026-11-11 15:47 CET
Market cap
679.51 USD m
Revenue, TTM
0.00 USD m
Net income, TTM
-91.34 USD m
Free cash flow, TTM
-27.03 USD m
EPS diluted, TTM
-3.26
P/E
-
Price
HQ against its 20, 50 and 200-day averages2050200earnings
70.4% under 45.00 on 22 Jun 2026. Last 15 sessions, 57.8% high to low
Profile
HQ52-week range, 14% of the way up
8.2945.00
Horizon Quantum Holdings Ltd. engages in the development of software tools. The company is headquartered in Singapore.
| IPO | Dec 07, 2022 |
|---|---|
| Beta | 0.42 |
| ATR, 14d | 1.49 |
| Rel volume | 0.38 |
| Short float | 10.36% |
| Insider own | 78.09% |
| Inst own | 12.91% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 719.99M |
| Enterprise Value | 617.46M |
| Income | -91.34M |
| Sales | 0.00M |
| Book/sh | 1.54 |
| Cash/sh | 1.90 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | - |
| IPO | Dec 07, 2022 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | - |
| P/B | 8.65 |
| P/C | 7.00 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | - |
| Quick Ratio | 51.60 |
| Current Ratio | 51.60 |
| Debt/Eq | 0.00 |
| LT Debt/Eq | 0.00 |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | -3.26 |
|---|---|
| EPS next Y | -0.54 |
| EPS next Q | -0.11 |
| EPS this Y | -36.07% |
| EPS next Y | -46.24% |
| EPS next 5Y | - |
| EPS past 3/5Y | -146.86% - |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | -1.46% |
| Sales Y/Y TTM | - |
| EPS Q/Q | 331.31% |
| Sales Q/Q | - |
| Earnings | Nov 10 BMO |
| EPS/Sales Surpr. | 12.17% - |
Ownership
| Insider Own | 78.09% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 12.91% |
| Inst Trans | 105.77% |
| ROA | -125.16% |
| ROE | -201.97% |
| ROIC | -108.57% |
| Gross Margin | - |
| Oper. Margin | - |
| Profit Margin | - |
| SMA20 | -2.25% |
| SMA50 | -8.21% |
| SMA200 | -6.71% |
| Trades | - |
Technical
| Shs Outstand | 34.81M |
|---|---|
| Shs Float | 11.83M |
| Short Float | 10.36% |
| Short Ratio | 4.36 |
| Short Interest | 1.23M |
| 52W High | 45.00 -70.36% |
| 52W Low | 8.29 60.92% |
| Volatility | 16.53% 10.33% |
| ATR (14) | 1.49 |
| RSI (14) | 47.76 |
| Beta | 0.42 |
| Rel Volume | 0.38 |
| Avg Volume | 281.21K |
| Volume | 9,829 |
Performance
| Perf Week | 3.57% |
|---|---|
| Perf Month | -12.12% |
| Perf Quarter | -19.98% |
| Perf Half Y | 8.37% |
| Perf YTD | 2.69% |
| Perf Year | 10.25% |
| Perf 3Y | 26.93% |
| Perf 5Y | - |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 18.50 |
| Prev Close | 12.59 |
| Price | 13.34 |
| Change % | 5.96% |
Analyst ratings
latest 2 of 2| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Aug 17, 2026 | Initiated | CCraig Hallum | Buy | $21 | +57.4% |
| Jun 03, 2026 | Initiated | NNeedham | Buy | $20 | +49.9% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| XNDU | Xanadu Quantum Technologies Ltd | 866.00M |
| INFQ | Infleqtion Inc | 2.13B |
| QBTS | D-Wave Quantum Inc | 4.06B |
| QNC | Quantum eMotion Corp | 211.56M |
| RGTI | Rigetti Computing Inc | 3.93B |
| IONQ | IonQ Inc | 14.96B |
| IQMX | IQM Quantum Computers Oyj ADR | 1.43B |
| BTQ | BTQ Technologies Corp | 256.65M |
| QUBT | Quantum Computing Inc | 1.44B |
| ARQQ | Arqit Quantum Inc | 281.53M |
Insider trading
5 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Fitzsimons Catherine Michele | CL and CO | Sep 12 '26 | Option Exercise | 0.00 | 2,148 | 0 | 2,148 | Sep 15 09:32 PM |
| Gould Greg | Chief Financial Officer | Sep 12 '26 | Option Exercise | 0.00 | 3,437 | 0 | 3,437 | Sep 15 09:31 PM |
| Tan Si-Hui | Chief Science Officer | Sep 12 '26 | Option Exercise | 0.00 | 5,728 | 0 | 5,728 | Sep 15 09:31 PM |
| Fitzsimons Joseph Francis | Chief Executive Officer | Sep 12 '26 | Option Exercise | 0.00 | 14,321 | 0 | 14,321 | Sep 15 09:30 PM |
| Lambert Danielle | Director | Mar 19 '26 | Buy | 11.82 | 84,602 | 999,996 | 84,602 | Mar 25 07:01 PM |
Held by
AUMNews
latest 14 of 76- Horizon Quantum's $0.55 GAAP Profit Comes From A Falling Share Price, While Spending And Cash Burn Accelerate (Earnings Whispers) -8.83%
- Horizon Quantum Announces Third Quarter 2026 Financial Results (Business Wire)
- Horizon Quantum and OQC Announce Successful Pulse-Level Integration of OQC's Quantum Processing Unit and Triple Alpha Integrated Development Environment (Business Wire) +20.72%
- Horizon Quantum Signs Non-Binding Letter of Intent to Acquire Entropica Labs (Business Wire) -18.48%
- Xanadu Quantum Taps GlobalFoundries to Mass Produce Its Computers (Barrons.com) +7.67%
- Loading…
- Horizon Quantum Clarifies Certain Information Regarding the Company (Business Wire) +27.66%
- What Pasqal's Volatile Stock Trading Debut Means for Quantum Stocks (Barrons.com) +19.95%
- How Asia Is Becoming Quantum Computing's Next Battleground (Barrons.com) -8.93%
- Following IonQ and D-Wave Earnings, Don't Count Out These Smaller Quantum Stocks (Barrons.com) -11.11%
- Horizon Quantums Commercial Push With Early Platform Launch, $113M Cash Position Quarterly Update Report (Exec Edge)
- Horizon Quantums Commercial Push With Early Platform Launch, $113M Cash Position Downloadable Quarterly Update Report (Exec Edge)
- Horizon Quantum Announces Participation in Upcoming Investor Conferences (Business Wire)
- Horizon Quantum Announces Second Quarter 2026 Financial Results (Business Wire) +10.59%
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q3 | 2026-11-10 | -0.097 | -0.110 | 0.550 | 0.00 | 0.00 | 2 |
| 2026Q2 | 2026-08-04 | -0.102 | -0.090 | -2.200 | 0.00 | 0.00 | 1 |
| 2026Q1 | 2026-06-03 | -0.110 | -0.110 | -0.087 | 0.00 | 0.00 | 1 |
| 2026Q4 | - | - | -0.114 | - | - | 0.00 | 2 |
| 2027Q1 | - | - | -0.124 | - | - | 0.00 | 2 |
| 2027Q2 | - | - | -0.134 | - | - | 0.00 | 2 |
| 2027Q3 | - | - | -0.136 | - | - | 0.00 | 2 |
| 2027Q4 | - | - | -0.148 | - | - | 0.00 | 2 |
| 2028Q1 | - | - | -0.151 | - | - | 0.00 | 2 |
| 2028Q2 | - | - | -0.153 | - | - | 0.00 | 2 |
| 2028Q3 | - | - | -0.154 | - | - | 0.00 | 2 |
| 2028Q4 | - | - | -0.138 | - | - | 1.48 | 2 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2025FY | -0.270 | - | - | 0.00 | - |
| 2026FY | - | -0.367 | - | - | 0.00 |
| 2027FY | - | -0.537 | - | - | 0.00 |
| 2028FY | - | -0.596 | - | - | 1.48 |
| 2029FY | - | -0.530 | - | - | 5.20 |
| 2030FY | - | -0.380 | - | - | 19.90 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q4 | S | 2026-11-10 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2026-08-14 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2026-08-04 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2026-06-03 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2026-06-02 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | E | 2026-11-10 | 2 | 0 | 1 | -0.11 | -0.12 | -0.11 |
| 2026Q4 | E | 2026-10-18 | 2 | 0 | 0 | -0.11 | -0.11 | -0.11 |
| 2026Q4 | E | 2026-08-14 | 2 | 0 | 1 | -0.11 | -0.11 | -0.11 |
| 2026Q4 | E | 2026-08-04 | 1 | 0 | 1 | -0.11 | -0.11 | -0.11 |
| 2026Q4 | E | 2026-06-03 | 1 | 0 | 0 | -0.10 | -0.10 | -0.10 |
| 2026Q4 | E | 2026-06-02 | 1 | 0 | 0 | -0.10 | -0.10 | -0.10 |
| 2026Q3 | S | 2026-08-14 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-08-04 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-06-03 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
Estimate history
| EPS, annual | -0.302 | 0.291 | -0.207 | -4.549 | -3.2598 | ||||
|---|---|---|---|---|---|---|---|---|---|
| Period | 2022 | 2023 | 2024 | 2025 | TTM | ||||
| EPS, quarterly | 0.037 | -0.121 | -1.163 | -1.627 | -0.238 | -1.522 | -0.087 | -2.2 | 0.55 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Sales, annual | 0 | 0 | 0 | 0 | 0 | ||||
| Period | 2022 | 2023 | 2024 | 2025 | TTM | ||||
| Sales, quarterly | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Shares, annual | 7.899 | 7.899 | 3.918 | 3.906 | 54.556 | ||||
| Period | 2022 | 2023 | 2024 | 2025 | MRQ | ||||
| Shares, quarterly | 3.918 | 3.918 | 3.918 | 3.918 | 3.918 | 3.906 | 51.578 | 53.972 | 54.556 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY |
|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 1.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -1.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling, General and Administrative Excl. Other | 24.37 | 4.46 | 1.09 | 1.47 | 0.93 |
| Other Operating Expense | -0.02 | 0.00 | 0.05 | 0.41 | 0.16 |
| Operating Income | -25.37 | -4.46 | -1.14 | -1.89 | -1.09 |
| Unusual Expense | 67.23 | 14.26 | 0.54 | -1.57 | 1.78 |
| Net Income Before Taxes | -91.34 | -17.66 | -0.38 | 2.83 | -2.30 |
| Income Taxes | -0.01 | 0.16 | 0.43 | 0.53 | 0.09 |
| Consolidated Net Income | -91.34 | -17.82 | -0.82 | 2.30 | -2.39 |
| Net Income From Continuing Operations | -91.34 | -17.82 | -0.82 | 2.30 | -2.39 |
| Net Income | -91.34 | -17.82 | -0.82 | 2.30 | -2.39 |
| EPS (Recurring) | -0.73 | -2.00 | -0.11 | 0.15 | -0.14 |
| EPS (Basic, Before Extraordinaries) | -3.19 | -4.55 | -0.21 | 0.29 | -0.30 |
| EPS (Diluted) | -3.26 | -4.55 | -0.21 | 0.29 | -0.30 |
| EBITDA | -24.35 | -4.46 | -1.14 | -1.89 | -1.09 |
| Non-Operating Income (Expense) | 1.27 | 1.07 | 1.29 | 3.15 | 0.57 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shares Outstanding | 54.56 | 3.91 | 3.92 | 7.90 | 7.90 |
| Market Capitalization | 679.51 | 679.51 | - | - | - |
Income statement, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 0.38 | 0.34 | 0.31 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -0.38 | -0.34 | -0.31 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling, General and Administrative Excl. Other | 10.11 | 6.84 | 6.19 | 1.23 | 1.96 | 0.75 | 0.52 | 0.30 |
| Research and Development | 4.46 | 2.61 | 2.13 | - | - | - | - | - |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | -0.02 | 0.03 | 0.03 | -0.03 | -0.32 |
| Operating Income | -10.49 | -7.18 | -6.50 | -1.21 | -1.99 | -0.78 | -0.49 | 0.03 |
| Interest Expense | 0.00 | 0.00 | 0.00 | - | - | - | - | - |
| Unusual Expense | -43.10 | 108.29 | -2.98 | 5.02 | -0.85 | 5.80 | 4.29 | 0.79 |
| Net Income Before Taxes | 33.41 | -115.23 | -3.56 | -5.97 | -0.87 | -6.31 | -4.52 | -0.47 |
| Income Taxes | 0.00 | 0.00 | 0.00 | -0.01 | 0.07 | 0.07 | 0.04 | 0.01 |
| Consolidated Net Income | 33.41 | -115.23 | -3.56 | -5.96 | -0.93 | -6.37 | -4.56 | -0.48 |
| Net Income From Continuing Operations | 33.41 | -115.23 | -3.56 | -5.96 | -0.93 | -6.37 | -4.56 | -0.48 |
| Net Income | 33.41 | -115.23 | -3.56 | -5.96 | -0.93 | -6.37 | -4.56 | -0.48 |
| EPS (Recurring) | 0.05 | -0.75 | -0.14 | -0.63 | -0.39 | -0.59 | -0.40 | 0.02 |
| EPS (Basic, Before Extraordinaries) | 0.61 | -2.20 | -0.09 | -1.52 | -0.24 | -1.63 | -1.16 | -0.12 |
| EPS (Diluted) | 0.55 | -2.20 | -0.09 | -1.52 | -0.24 | -1.63 | -1.16 | -0.12 |
| EBITDA | -10.11 | -6.84 | -6.19 | -1.21 | -1.99 | -0.78 | -0.49 | 0.03 |
| Non-Operating Income (Expense) | 0.80 | 0.25 | -0.03 | 0.26 | 0.28 | 0.27 | 0.26 | 0.29 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 3.78 | 0.99 | - | - | - | - | - | - |
| Shares Outstanding | 54.56 | 53.97 | 51.58 | 3.91 | 3.92 | 3.92 | 3.92 | 3.92 |
| Market Capitalization | 679.51 | 883.70 | 34.33 | 34.96 | - | - | - | - |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY |
|---|---|---|---|---|
| Cash & Short Term Investments | 0.00 | 0.31 | 9E-06 | 0.24 |
| Short Term Receivables | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.11 | 0.13 | 0.16 | 0.57 |
| Total Current Assets | 0.11 | 0.44 | 0.16 | 0.80 |
| Net Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Investments and Advances | 27.32 | 25.59 | 67.55 | 64.70 |
| Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 27.43 | 26.03 | 67.70 | 65.51 |
| Short Term Debt Incl. Current Port. of LT Debt | 1.19 | 0.64 | 0.00 | 0.00 |
| Accounts Payable | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Tax Payable | 0.00 | 0.30 | 0.51 | 0.09 |
| Other Current Liabilities | 7.11 | 1.83 | 1.64 | 0.60 |
| Total Current Liabilities | 8.30 | 2.78 | 2.15 | 0.69 |
| Long Term Debt | 0.95 | 0.95 | 0.95 | 0.95 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 17.93 | 3.66 | 3.12 | 4.69 |
| Total Liabilities | 27.18 | 7.39 | 6.22 | 6.32 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 0.25 | 18.64 | 61.48 | 59.18 |
| Total Shareholders Equity | 0.25 | 18.64 | 61.48 | 59.18 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 0.25 | 18.64 | 61.48 | 59.18 |
| Total Liabilities & Stockholders Equity | 27.43 | 26.03 | 67.70 | 65.51 |
| Book Value Per Share | 0.06 | 4.76 | 7.78 | 7.49 |
| Tangible Book Value Per Share | 0.06 | 4.76 | 7.78 | 7.49 |
| Price to Book Ratio | 8.17 | - | - | - |
| Return on Assets | -66.68 | -1.75 | 3.45 | - |
| Return on Equity | -188.70 | -2.05 | 3.81 | - |
| Return on Invested Capital | -1,489.51 | -4.18 | 3.68 | -3.97 |
| Quick Ratio | 0.01 | 0.16 | 0.07 | 1.17 |
| Current Ratio | 0.01 | 0.16 | 0.07 | 1.17 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY |
|---|---|---|---|---|---|
| Net Income | -91.34 | -17.82 | -0.82 | 2.30 | -2.39 |
| Other Funds (Non Cash) | 73.62 | 14.44 | -0.38 | -4.72 | 1.25 |
| Funds from Operations | -16.70 | -3.39 | -1.20 | -2.42 | -1.13 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 0.67 | 3.03 | -0.19 | 1.82 | 0.07 |
| Income Taxes Payable | - | -0.48 | -0.21 | 0.42 | 0.09 |
| Cash from Operating Activities | -16.03 | -0.35 | -1.40 | -0.60 | -1.07 |
| Capital Expenditures | -11.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.05 | -0.66 | 41.38 | 0.00 | -64.14 |
| Purchase of Investments | -0.10 | -0.81 | -0.64 | 0.00 | -64.14 |
| Sale Or Maturity of Investments | 0.15 | 0.15 | 42.02 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 1.87 | 0.30 | 0.00 |
| Cash from Investing Activities | -10.96 | -0.66 | 43.25 | 0.30 | -64.14 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 29.25 | -0.15 | -42.02 | 0.00 | 64.60 |
| Repurchase of Common Pref Stock | -0.15 | -0.15 | -42.02 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 29.40 | 0.00 | 0.00 | 0.00 | 64.60 |
| Proceedsfrom Stock Options | 28.69 | 0.00 | 0.00 | 0.00 | 64.60 |
| Issuance or Reduction of Debt, Net | 2.60 | 0.55 | 0.00 | 0.00 | 0.85 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.95 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.95 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 97.75 | 0.30 | 0.47 | 0.06 | 0.00 |
| Other Financing Activities Uses | -0.42 | -0.42 | -0.17 | - | 0.00 |
| Cash from Financing Activities | 129.60 | 0.71 | -41.55 | 0.06 | 65.44 |
| Net Change in Cash | 102.57 | -0.31 | 0.31 | -0.24 | 0.24 |
| Free Cash Flow | -27.03 | -0.35 | -1.40 | -0.60 | -1.07 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 102.79 | 113.25 | 96.60 | 0.00 | 0.00 | 0.00 |
| Short Term Receivables | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 12.09 | 6.80 | 2.23 | 0.11 | 0.08 | 0.21 |
| Total Current Assets | 114.88 | 120.12 | 98.84 | 0.11 | 0.08 | 0.21 |
| Net Property, Plant & Equipment | 3.75 | 3.85 | 3.42 | 0.00 | 0.00 | 0.00 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 27.32 | 27.11 | 26.68 |
| Intangible Assets | 0.02 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 |
| Other Assets | 0.11 | 0.05 | 0.03 | 0.00 | 0.00 | 0.00 |
| Total Assets | 118.76 | 124.05 | 102.30 | 27.43 | 27.18 | 26.89 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.23 | 0.33 | 0.39 | 1.19 | 1.09 | 0.94 |
| Accounts Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Tax Payable | - | - | - | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 2.00 | 3.22 | 2.77 | 7.11 | 5.88 | 3.96 |
| Total Current Liabilities | 2.23 | 3.55 | 3.16 | 8.30 | 6.97 | 4.90 |
| Long Term Debt | 0.03 | 0.04 | 0.00 | 0.95 | 0.95 | 0.95 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 32.41 | 76.78 | 15.27 | 17.93 | 12.91 | 13.76 |
| Total Liabilities | 34.67 | 80.37 | 18.43 | 27.18 | 20.83 | 19.60 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 84.09 | 43.68 | 83.87 | 0.25 | 6.36 | 7.29 |
| Total Shareholders Equity | 84.09 | 43.68 | 83.87 | 0.25 | 6.36 | 7.29 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 84.09 | 43.68 | 83.87 | 0.25 | 6.36 | 7.29 |
| Total Liabilities & Stockholders Equity | 118.76 | 124.05 | 102.30 | 27.43 | 27.18 | 26.89 |
| Book Value Per Share | 1.54 | 0.81 | 1.63 | 0.06 | 1.62 | 1.86 |
| Tangible Book Value Per Share | 1.54 | 0.81 | 1.63 | 0.06 | 1.62 | 1.86 |
| Price to Book Ratio | 8.17 | 435.93 | 138.03 | 140.55 | - | - |
| Return on Assets | -125.16 | -166.53 | -26.10 | -66.68 | -46.79 | -43.26 |
| Return on Equity | -201.97 | -493.21 | -34.35 | -188.70 | -96.87 | -85.77 |
| Return on Invested Capital | 39.72 | -263.57 | -4.24 | -498.13 | -12.75 | -77.40 |
| Quick Ratio | 51.60 | 33.84 | 31.32 | 0.01 | 0.01 | 0.04 |
| Current Ratio | 51.60 | 33.84 | 31.32 | 0.01 | 0.01 | 0.04 |
Cash flow, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Net Income | 33.41 | -115.23 | -3.56 | -5.96 | -0.93 | -6.37 |
| Depreciation | 0.37 | 0.33 | 0.31 | - | - | - |
| Other Funds (Non Cash) | -39.33 | 109.35 | -2.06 | 5.67 | -1.04 | 5.75 |
| Funds from Operations | -5.55 | -5.55 | -5.31 | -0.29 | -1.97 | -0.62 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -1.62 | 0.44 | 1.14 | 0.71 | 1.97 | 0.62 |
| Income Taxes Payable | - | - | - | -0.13 | -0.05 | 0.00 |
| Cash from Operating Activities | -7.17 | -5.11 | -4.18 | 0.42 | 1E-06 | -0.00 |
| Capital Expenditures | -5.48 | -5.46 | -0.06 | 0.00 | 0.00 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.00 | 0.00 | 0.00 | 0.05 | -0.15 | -0.15 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | -0.10 | -0.15 | -0.15 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.03 | -0.03 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -5.48 | -5.43 | -0.09 | 0.05 | -0.15 | -0.15 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 2.22 | -70.98 | 98.17 | -0.15 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | -0.15 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 2.22 | -70.98 | 98.17 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 1.50 | -70.98 | 98.17 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 2.50 | 0.10 | 0.15 | 0.15 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 98.17 | 0.00 | -0.42 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | -0.42 | 0.00 | 0.00 |
| Cash from Financing Activities | 2.22 | 27.19 | 100.67 | -0.47 | 0.15 | 0.15 |
| Exchange Rate Effect | -0.03 | 0.00 | -0.02 | - | - | - |
| Net Change in Cash | -10.47 | 16.65 | 96.38 | -0.00 | 1E-06 | -0.00 |
| Free Cash Flow | -12.65 | -10.56 | -4.24 | 0.42 | 0.00 | -0.00 |
Revenue breakdown
| Revenue split | - |
|---|
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 10.36% | 1.2M | 11.8M | 289.31K |
| 2026-10-15 | 11.21% | 1.3M | 11.8M | 332.80K |
| 2026-09-30 | 11.42% | 1.4M | 11.8M | 395.70K |
| 2026-09-15 | 12.90% | 1.5M | 11.8M | 665.00K |
| 2026-08-31 | 48.09% | 1.1M | 2.4M | 700.64K |
| 2026-08-14 | 48.62% | 1.1M | 2.2M | 698.08K |
| 2026-07-31 | 13.48% | 1.1M | 8.2M | 689.01K |
| 2026-07-15 | 9.99% | 0.8M | 8.2M | 678.50K |
| 2026-06-30 | 9.98% | 0.8M | 8.2M | 607.35K |
| 2026-06-15 | 4.53% | 0.4M | 8.2M | 283.01K |
| 2026-05-29 | 3.88% | 0.3M | 8.2M | 155.12K |
| 2026-05-15 | 3.84% | 0.3M | 8.2M | 117.69K |
| 2026-04-30 | 3.29% | 0.3M | 8.7M | 91.94K |
| 2026-04-15 | 0.82% | 0.2M | 21.5M | 52.33K |
| 2026-03-31 | 5.12% | 0.1M | 2.4M | 33.10K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 2.50 | 8.50 | 12.30 | 0.00 | 21.742 | 0.00 | 0.00 | 0.990 | -0.015 | 0.001 |
| call | 5.00 | 6.00 | 10.50 | 0.00 | 10.487 | 0.00 | 0.00 | 0.982 | -0.015 | 0.001 |
| call | 7.50 | 3.50 | 7.20 | 5.65 | 8.071 | 0.00 | 0.00 | 0.872 | -0.086 | 0.004 |
| call | 10.00 | 2.75 | 4.20 | 3.30 | 4.502 | 11.00 | 0.00 | 0.752 | -0.130 | 0.007 |
| call | 12.50 | 1.00 | 2.15 | 2.09 | 2.766 | 731 | 0.00 | 0.611 | -0.132 | 0.008 |
| call | 15.00 | 0.15 | 0.90 | 0.30 | 3.314 | 104 | 0.00 | 0.480 | -0.139 | 0.008 |
| call | 17.50 | 0.05 | 0.75 | 0.30 | 4.038 | 62.00 | 0.00 | 0.434 | -0.168 | 0.008 |
| call | 20.00 | 0.00 | 0.75 | 0.10 | 4.598 | 45.00 | 0.00 | 0.407 | -0.188 | 0.008 |
| call | 22.50 | 0.00 | 0.75 | 0.25 | 5.057 | 6.00 | 0.00 | 0.388 | -0.204 | 0.008 |
| call | 25.00 | 0.00 | 0.75 | 0.15 | 5.445 | 1,939 | 0.00 | 0.374 | -0.217 | 0.008 |
| call | 30.00 | 0.00 | 0.75 | 2.15 | 4.226 | 12.00 | 0.00 | 0.182 | -0.118 | 0.005 |
| call | 35.00 | 0.00 | 0.75 | 0.38 | 4.679 | 51.00 | 0.00 | 0.171 | -0.125 | 0.005 |
| call | 40.00 | 0.00 | 0.75 | 0.30 | 5.056 | 846 | 0.00 | 0.164 | -0.132 | 0.005 |
| call | 45.00 | 0.00 | 0.75 | 0.25 | 4.542 | 1,940 | 0.00 | 0.090 | -0.078 | 0.003 |
| put | 2.50 | 0.00 | 0.05 | 0.00 | 5.210 | 0.00 | 0.00 | -0.010 | -0.015 | 0.001 |
| put | 5.00 | 0.00 | 0.05 | 0.00 | 3.064 | 0.00 | 0.00 | -0.018 | -0.014 | 0.001 |
| put | 7.50 | 0.00 | 0.70 | 0.15 | 3.880 | 16.00 | 0.00 | -0.128 | -0.085 | 0.004 |
| put | 10.00 | 0.00 | 0.75 | 0.71 | 3.890 | 129 | 0.00 | -0.248 | -0.129 | 0.007 |
| put | 12.50 | 0.60 | 1.40 | 2.85 | 3.655 | 735 | 0.00 | -0.389 | -0.130 | 0.008 |
| put | 15.00 | 1.80 | 4.20 | 2.40 | 3.322 | 847 | 0.00 | -0.520 | -0.138 | 0.008 |
| put | 17.50 | 3.00 | 6.80 | 3.80 | 3.801 | 1.00 | 0.00 | -0.566 | -0.166 | 0.008 |
| put | 20.00 | 5.80 | 8.80 | 9.00 | 4.487 | 11.00 | 0.00 | -0.593 | -0.186 | 0.008 |
| put | 22.50 | 7.40 | 11.50 | 9.37 | 4.948 | 0.00 | 0.00 | -0.612 | -0.202 | 0.008 |
| put | 25.00 | 10.30 | 14.00 | 0.00 | 5.208 | 1.00 | 0.00 | -0.626 | -0.215 | 0.008 |
| put | 30.00 | 14.80 | 19.00 | 0.00 | 5.842 | 0.00 | 0.00 | -0.818 | -0.115 | 0.005 |
| put | 35.00 | 20.30 | 24.00 | 0.00 | 6.744 | 0.00 | 0.00 | -0.829 | -0.122 | 0.005 |
| put | 40.00 | 24.50 | 29.00 | 0.00 | 6.627 | 0.00 | 0.00 | -0.836 | -0.127 | 0.005 |
| put | 45.00 | 29.50 | 33.30 | 0.00 | 6.983 | 0.00 | 0.00 | -0.910 | -0.073 | 0.003 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-10 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-11-10 | SEC |
| 2026-11-05 | SCHEDULE 13D/A | SEC | ||
| 2026-11-05 | 4 | Statement of changes in beneficial ownership of securities | 2026-11-03 | SEC |
| 2026-11-05 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-11-05 | SEC |
| 2026-10-21 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-11 | SEC |
| 2026-09-16 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-17 | SEC |
| 2026-09-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-12 | SEC |
| 2026-09-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-12 | SEC |
| 2026-09-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-03-19 | SEC |
| 2026-09-15 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-12 | SEC |
| 2026-08-14 | SCHEDULE 13G/A | SEC | ||
| 2026-08-10 | 3 | Initial statement of beneficial ownership of securities | 2026-07-28 | SEC |
| 2026-08-04 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-30 | SEC |
| 2026-08-04 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-04 | SEC |
| 2026-08-03 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-03 | SEC |
| 2026-07-09 | SCHEDULE 13D | SEC | ||
| 2026-06-25 | SCHEDULE 13G | SEC | ||
| 2026-05-28 | S-8 | Initial registration statement for securities to be offered to employees pursuant to employee benefit plans | SEC | |
| 2026-05-11 | 3 | Initial statement of beneficial ownership of securities | 2026-05-11 | SEC |
| 2026-05-05 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-05-05 | SEC |
| 2026-05-04 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-05-04 | SEC |
| 2026-04-24 | 424B3 | SEC | ||
| 2026-04-23 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2026-04-21 | AW | Withdrawal of amendment to a registration statement filed under the Securities Act | SEC | |
| 2026-04-16 | F-1 | Registration statement for certain foreign private issuers | SEC | |
| 2026-04-16 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-04-16 | SEC |
| 2026-04-14 | POS AM | Post-effective amendment to a registration statement that is not immediately effective upon filing | SEC | |
| 2026-04-14 | 20-F | Registration statement under Section 12 of the Securities Exchange Act of 1934 or an annual or transition report filed under Section 13(a) or 15(d) of the Exchange Act for a foreign private issuer. | 2025-12-31 | SEC |
| 2026-04-09 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-04-09 | SEC |
| 2026-04-02 | 3 | Initial statement of beneficial ownership of securities | 2026-03-19 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 1000.00K | 1 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| Peak XV Partners Operations LLC | 19.95% |
| Defiance ETFs, LLC | 17.54% |
| Penserra Capital Management LLC | 17.17% |
| Data Collective IV GP, LLC | 2.87% |
| UBS Group AG | 0.73% |
| National Philanthropic Trust | 0.73% |
| Bank of New York Mellon Corp | 0.42% |
| Creek Drive Management Group LLC | 0.23% |
| BANK OF AMERICA CORP /DE/ | 0.21% |
| GOLDMAN SACHS GROUP INC | 0.20% |
Funds
| Fund | % owned |
|---|---|
| Defiance Quantum ETF | 16.87% |
| Defiance Pure Quantum ETF | 0.05% |
| Fidelity Nasdaq Composite Index Fund | 0.04% |
| Small Cap Core Fund | 0.03% |
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