01 Quantum (ONE) Q3 2025 earnings summary

Executive summary

• Completed rebranding to 01 Quantum Inc., emphasizing a focus on quantum-resilient cybersecurity solutions.

• Strategic alliances formed with qLABS and Turnium Technology Group to drive commercialization of quantum-safe technologies.

• Commercial deployments of IronCAP™ technology and PQC-enabled solutions are underway, with revenue growth expected in Q4 2025.

Financial highlights

• Revenue for Q3 2025 was $143,957, up from $126,103 in Q3 2024, mainly from legacy remote access subscriptions.

• Net loss for Q3 2025 was $351,411, compared to $40,173 in Q3 2024; adjusted loss (excluding non-cash items) was $269,939.

• Cash and securities at quarter-end totaled $1,076,325.

• Cash operating expenses (excluding non-cash items) rose to $407,292 from $119,335 year-over-year, reflecting increased investment in R&D and marketing.

Outlook and guidance

• Revenue in Q4 2025 and Q1 2026 expected to be driven by PQC technology initiatives, including development fees and royalties.

• Profitable revenue recognition anticipated as technical milestones are achieved in ongoing projects.

• Commercial release of PQC-enabled zero-trust remote access application planned for Q1 2026.