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Quantum Computing Inc unit NHanced Semiconductors restates FY2024 financials over inventory accounting error

PUBT·09/08/2026 20:02:41
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Quantum Computing Inc unit NHanced Semiconductors restates FY2024 financials over inventory accounting error
  • Quantum Computing filed an amended Form 8-K to update audited financial statements for NHanced Semiconductors for fiscal 2025 and 2024.
  • Auditor flagged a restatement of the June 30, 2024 financial statements tied to errors in work-in-process inventory and deferred revenue.
  • Restatement also affected property and equipment, deferred taxes, current tax provision, and net income.
  • Net income for fiscal 2024 was restated to USD 8.76 million from USD 7.85 million.
  • Work-in-process inventory was restated to USD 1.71 million from USD 171,852; deferred revenue was restated to USD 2 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quantum Computing Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-098032), on September 08, 2026, and is solely responsible for the information contained therein.