01 Quantum (ONE) Q3 2025 earnings summary

Executive summary

• Rebranded as 01 Quantum Inc., marking a new chapter focused on quantum-safe and quantum-resilient cybersecurity solutions.

• Positioned as a leader in quantum-safe SaaS products, with commercial deployments and revenue generation underway.

• Strategic global partnerships with major firms (Hitachi, CGI, Thales, PwC, qLABS, Turnium) and alliances to drive commercialization and market reach.

• Entered the revenue-generating phase, with positive cash flow from development fees, royalties, and legacy remote access subscriptions.

• Actively increasing market visibility and investor relations as product development completes.

Financial highlights

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

• Development fees from Hitachi and qLABS recognized in Q4 and Q1 next year, with royalties to follow product rollout.

• Net loss for Q3 2025 was $351,411, with an adjusted loss (excluding non-cash items) of $269,939.

• Cash and securities at quarter-end totaled $1,076,325, providing comfort for the next two quarters.

• Cash burn for the quarter was CAD 269,000, in line with previous quarters.

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.

• AI marketplace commercialization announcement expected soon, targeting a large market opportunity.

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

• Anticipates significant recurring revenue from SaaS email security if even a small market share is captured.