– Quantum Computing (QUBT) fell 0.39% to $18.00 on Aug 15, 2025, with trading volume dropping 21.74% to $240M.

– Q2 earnings showed $61,000 revenue (vs $183,000 prior year) and $36M net loss, driven by warrant charges and rising costs.

– The company secured key orders for quantum photonic systems, shipped first commercial entangled photon source, and raised $200M in financing.

– Strategic priorities include integrating quantum machines with nanophotonic chips to boost performance and reduce costs.

– Analysts highlight strong technical traction but note revenue sustainability remains a critical challenge despite $349M cash reserves.