Quantum - Si - CW27 | 8-K: FY2025 Q3 Revenue: USD 552 K
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q3, the actual value is USD 552 K.
EPS: As of FY2025 Q3, the actual value is USD -0.17.
EBIT: As of FY2025 Q3, the actual value is USD -42.35 M.
Segment Revenue
- Total revenue for the third quarter of 2025 was $552,000, with product revenue at $505,000 and service revenue at $47,000.
Operational Metrics
- Gross profit for the third quarter was $194,000, resulting in a gross margin of 35%.
- Total operating expenses were $40.0 million, compared to $28.5 million in the same period of the prior year.
- Adjusted total operating expenses were $21.4 million, down from $26.0 million in the prior year.
- Net loss for the third quarter was $35.7 million, compared to a net loss of $25.3 million in the same period of the prior year.
- Adjusted EBITDA was negative $20.1 million, compared to negative $24.5 million in the prior year.
Cash Flow
- As of September 30, 2025, the company had cash and cash equivalents and investments in marketable securities totaling $230.5 million, expected to support operations into the second quarter of 2028.
Unique Metrics
- The company highlighted successful sequencing runs on a prototype Proteus system and the launch of the version 4 Sequencing Kit.
Outlook / Guidance
- Quantum-Si remains on track to launch the version 3 Library Prep Kit before the end of 2025 and aims to deliver the Proteus platform in the second half of 2026.
- The company plans to continue using a mix of instrument acquisition options to increase awareness and build momentum towards the future Proteus platform launch.
