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QCi saw a substantial increase in revenue and transitioned to net profitability in Q3 2025, driven by new commercial deals, including a key sale to a top U.S. bank. The company raised $500 million during the quarter and ended with a robust cash and investment position exceeding $800 million.
QCi posted $61,000 in revenue for the quarter and a net loss of $36.5 million, largely driven by a $28 million non-cash mark-to-market loss related to a warrant derivative liability. Despite the financial loss, the company made progress in commercial deployments and operational scaling.