Quantum Computing (Quantum Computing) Long-Term Capital Lease Obligation : $0.84 Mil (As of Dec. 2023)

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What is Quantum Computing Long-Term Capital Lease Obligation?

Quantum Computing's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.84 Mil.

Quantum Computing's quarterly Long-Term Capital Lease Obligation stayed the same from Jun. 2023 ($0.00 Mil) to Sep. 2023 ($0.00 Mil) but then increased from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($0.84 Mil).

Quantum Computing's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($1.23 Mil) but then declined from Dec. 2022 ($1.23 Mil) to Dec. 2023 ($0.84 Mil).

Quantum Computing Long-Term Capital Lease Obligation Historical Data

The historical data trend for Quantum Computing's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Quantum Computing Long-Term Capital Lease Obligation Chart

Quantum Computing Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

1.23

0.84

Quantum Computing Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1.23	-	-	-	0.84

Quantum Computing (NAS:QUBT) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Quantum Computing Long-Term Capital Lease Obligation Related Terms

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Quantum Computing (Quantum Computing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quantum Computing Inc (NAS:QUBT) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

215 Depot Court SE, Suite 215, Leesburg, VA, USA, 20175

Website

https://www.quantumcomputinginc.com

Quantum Computing Inc is focused on providing software tools and applications for quantum computers. Its products include the Qatalyst, Qatalyst Core, and Quantum Application Accelerator. Qatalyst enables developers to create and execute quantum-ready applications on conventional computers while being ready to run on quantum computers where those systems achieve performance advantage.

Executives

Robert Liscouski	director, 10 percent owner, officer: President, CEO	C/O IMPLANT SCIENCES CORPORATION, 500 RESEARCH DRIVE, WILMINGTON MA 01887
Christopher Boehmler	officer: Chief Financial Officer	1350 E CAPITOL ST NE, WASHINGTON DC 20003
Yuping Huang	director, 10 percent owner, officer: Chief Quantum Tech. Officer	815 BLANCH AVENUE, NORWOOD NJ 07648
Carl Scott Weimer	director	4751 SUMMERLIN PLACE, LONGMONT CO 80503
Michael C Turmelle	director	27 COUNTRY FARM WAY, STRATHAM NH 03885
William J Mcgann	director	C/O IMPLANT SCIENCE CORPORATION, 500 RESEARCH DRIVE, WILMINGTON MA 01887
David Charles Morris	officer: Chief Revenue Officer	144 DIABLO RANCH COURT, DANVILLE CA 94506
Robert B Fagenson	director	FAGENSON & CO. INC, 60 BROAD STREET, NEW YORK NY 10004
Bertrand Velge	director, 10 percent owner	BARNHOUSE FARM, BARNHOUSE LANE BROOKLAND, ROMNEY MARSH, KENT X0 TN299TR
Justin Schreiber	director	236 FIFTH AVENUE, SUITE 400, NEW YORK NY 10001
Christopher Bruce Roberts	director, officer: Chief Financial Officer	1014 PRIRY PLACE, MCLEAN VA 22101
Peter Anthony Schultz	10 percent owner	P.O. BOX 9024120, SAN JUAN PR 00902