How did QUBT's revenue and expenses trend in Q4 2024?

In Q4 2024, Quantum Computing (QUBT) reported a significant decline in revenue and a substantial increase in operating expenses, resulting in a substantial net loss.

1. **Revenue Trend**: QUBT's revenue for the quarter was $346,000. This is a notable decrease from the previous quarter's revenue of $284,000, indicating a sharp decline in the company's earnings.
2. **Expense Trend**: The operating expenses for QUBT in Q4 2024 were not provided, but the net income of -$51.24 million suggests that the company incurred significant expenses during the quarter.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|QUBT|QUBT.O|Quantum Computing|20240101-2024|Products|27000|186|
|QUBT|QUBT.O|Quantum Computing|20240101-2024|Services|284000|186|
|QUBT|QUBT.O|Quantum Computing|20240101-2024|Services|183000|186|
|QUBT|QUBT.O|Quantum Computing|20240101-2024|Services|27000|186|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|QUBT|QUBT.O|Quantum Computing|2024 Q1|-4.872087339090761|-6436000|186|
|QUBT|QUBT.O|Quantum Computing|2024 Q2|29.971686665767834|-5194000|186|
|QUBT|QUBT.O|Quantum Computing|2024 Q3|17.044291770209032|-5675000|186|
|QUBT|QUBT.O|Quantum Computing|2024 Q4|-673.1552738795835|-5.1237E7|186|

3. **Net Income**: The net income of -$51.24 million indicates a substantial loss for the company in Q4 2024, which is a concerning trend given the decline in revenue.

In conclusion, QUBT faced a challenging quarter in Q4 2024, characterized by a steep decline in revenue and a significant increase in net losses. The company's financial performance appears to be under pressure, and it will be crucial to monitor QUBT's future financial reports to assess the sustainability of its operations and the effectiveness of any strategic initiatives implemented to address the current financial challenges.