Infleqtion, Inc. filings document its public-company securities, operating results, registration statements, and material-event disclosures as a quantum technology company. The company’s SEC records identify NYSE-listed common stock under INFQ and warrants under INFQ WS, and include disclosures related to results of operations, financial condition, and press-release exhibits.
Recent filings also include registration-statement materials, amended current reports, audited financial statements and management discussion and analysis for ColdQuanta, Inc., identified as Legacy Infleqtion, and disclosures concerning changes in the company’s independent registered public accounting firm. These filings describe capital structure, governance, financial reporting, and corporate-history matters associated with Infleqtion’s public-company status.
Infleqtion, Inc. announced that its Sqale quantum computer demonstrated 30 entangled logical qubits using 80 physical qubits, which the company described as a 2026 roadmap milestone. It said the demonstration executed approximately 1,000 physical operations, or 1 KiloQuOp, and experimentally produced a signal approximately 1,000 times stronger than the underlying noise.
The company describes logical qubits as groups of physical qubits formed using software protocols to ensure computational stability and accuracy. Infleqtion said an AI-assisted discovery halved the physical gates needed for a key logical operation; its presentation describes a three-logical-qubit operation using four physical two-qubit gates, compared with eight previously. The company also said Sqale combines individual qubit addressing with dynamically reconfigurable atom arrays and all-to-all connectivity.
Infleqtion stated targets of 100 logical qubits in 2028 and 1,000 by 2030. It said it has three customers for Sqale logical-qubit circuits, including the Wellcome Leap Quantum for Bio program. The presentation also lists approximately $45 million in FY26 revenue guidance.
Infleqtion, Inc. (INFQ) filed a prospectus supplement to its Form S-1 to update the list of selling securityholders for an existing mixed primary and resale registration. The registration covers issuance of up to 10,425,000 shares of common stock upon exercise of outstanding public and private warrants, from which Infleqtion would receive cash proceeds upon any such exercises.
The registration also covers the potential resale by selling securityholders of up to 121,829,432 shares of common stock and up to 75,000 Private Warrants, from which Infleqtion will receive no proceeds. This supplement reflects an in-kind distribution of 350,115 shares of common stock from Maverick Capital Advisors, LP and updates the “Selling Securityholders” table to show Ainslie Foundation as holder of those registered resale shares.
Infleqtion, Inc. (INFQ) reported insider activity by Maverick Capital Ltd, Maverick Capital Management LLC, and director Lee S. Ainslie III involving indirect holdings. On 2026-08-21 and 2026-08-19, entities associated with them sold a total of 198,229 shares of common stock in transactions reported as open‑market or private sales at weighted average prices of $13.02 and $12.6226 per share, with actual prices ranging from $12.50–$13.50. On 2026-08-20, 350,115 shares were disposed of as a bona fide gift, including shares held directly by Maverick Capital Advisors and family estate planning entities controlled by Mr. Ainslie. The reporting persons disclaim beneficial ownership of the securities except to the extent of their pecuniary interest.
Infleqtion, Inc. filed a prospectus supplement to its April 2026 S‑1 to incorporate its unaudited Form 10‑Q for the quarter ended June 30, 2026. Infleqtion develops and commercializes full‑stack quantum technology, including sensing, computing and software, and completed a SPAC Business Combination with Churchill Capital Corp X in February 2026.
For the three months ended June 30, 2026, Infleqtion reported revenue of $13.5 million and a net loss of $24.7 million. For the first six months of 2026, revenue was $23.4 million with a net loss of $54.4 million. Government customers provided 89% of year‑to‑date revenue, with one customer accounting for 74%. Following the Business Combination and PIPE financing, cash, cash equivalents and available‑for‑sale securities totaled over $581 million, and total assets were $641.5 million as of June 30, 2026. Common shares outstanding increased to 224.7 million at quarter‑end and 225.4 million by August 14, 2026.
Infleqtion, Inc. updated its previously released second-quarter 2026 results and 2026 revenue outlook after identifying accounting adjustments related to revenue recognition on two government contracts and expected-loss provisions. The changes shift revenue timing between periods but have no impact on cash or underlying business fundamentals.
For Q2 2026, total revenue was $13,538 thousand, an increase of 157% year over year, all from quantum-related business. GAAP operating loss widened to $29,858 thousand from $10,412 thousand, reflecting higher operating expenses and stock-based compensation; non-GAAP operating loss was $16,201 thousand versus $7,643 thousand. Net loss was $24,695 thousand compared with $9,186 thousand a year earlier.
The company raised its full-year 2026 revenue outlook to approximately $45,100 thousand, up from $43,000 thousand, to include non-cash, accounting-based adjustments. As of June 30, 2026, cash and cash equivalents were $59,285 thousand, with additional current and non-current available-for-sale securities of $417,673 thousand and $104,780 thousand. Net cash used in operating activities for the first half of 2026 was $5,974 thousand. Infleqtion also completed a Business Combination, generating $528,166 thousand of net proceeds in the first half.
Infleqtion, Inc. reported strong top-line growth but continued heavy losses for the six months ended June 30, 2026. Total revenue rose to $23.4 million from $13.5 million a year earlier, driven mainly by service revenue of $16.7 million. Government customers accounted for 89% of revenue and U.S. customers for $19.6 million of the total.
The company remains deeply unprofitable as it invests in quantum technology. Research and development expense increased to $22.6 million and selling, general and administrative expense to $46.1 million, leading to a net loss of $54.4 million versus $15.0 million in the prior-year period. Operating cash outflow was $6.0 million.
Infleqtion completed its business combination with Churchill Capital Corp X in February 2026, generating net cash proceeds of $528.2 million. As of June 30, 2026, cash and cash equivalents were $59.3 million and available-for-sale securities were $522.5 million, supporting total assets of $641.5 million and stockholders’ equity of $574.4 million. Remaining performance obligations totaled about $22.5 million, providing some visibility into future revenue.
Infleqtion, Inc. is delaying its Form 10-Q for the quarter ended June 30, 2026 while it completes an ongoing review of certain revenue recognition matters and related GAAP accounting for expected losses on projects. This review led to identification of errors requiring adjustments to previously issued financial statements for the years ended December 31, 2024 and December 31, 2025, the interim periods within those years, and the quarter ended March 31, 2026. The company determined these adjustments are not material to the prior-period financials and primarily affect the timing of revenue recognition, shifting some revenue from 2024 and 2025 into 2026. As adjusted, second-quarter 2026 total revenue increases from 12,633 to 13,538 and net loss narrows from 25,473 to 24,695. Management links the error to a previously disclosed material weakness in internal control over financial reporting and states it expects to file the Q2 Form 10-Q within the five-day extension allowed under Rule 12b-25.
Infleqtion, Inc. director-affiliated entities Maverick Capital Ltd, Maverick Capital Management LLC and Lee S. Ainslie III reported indirect trading in Infleqtion common stock. On August 14, 2026 they purchased 52,071 shares at a weighted average price of $12.4222 per share and, the same day, delivered 52,071 shares to a lender in repayment of a stock loan. The filing also lists a series of open-market sales between August 4 and August 13, 2026 totaling 52,071 shares at various weighted average prices. A footnote states this purchase is matchable under Section 16(b) with prior May 22, 2026 sales and that the reporting persons will pay the issuer $299,922.51, representing the short-swing profit, less transaction costs. All positions are held indirectly through Maverick SDT Fund, L.P. and related entities, with beneficial ownership disclaimed except for pecuniary interests.
Infleqtion, Inc. reported record second-quarter 2026 revenue of $12.6 million, up 116% year over year, all organically generated and entirely from quantum-related activities. The company raised its full-year 2026 revenue outlook to approximately $43 million, citing accelerating demand in quantum computing and sensing.
GAAP operating loss widened to $30.6 million in Q2 2026, with non-GAAP operating loss at $17.0 million, reflecting higher operating expenses and stock-based compensation. Infleqtion ended the quarter with $582 million in cash, cash equivalents, restricted cash and available-for-sale securities and no debt, including a temporary $27.4 million payroll-tax working-capital benefit expected to reverse in Q3.
The U.S. Department of Commerce issued a Letter of Intent providing for up to $100 million in proposed funding, subject to definitive agreements and approvals, and potentially includes Infleqtion common stock. Infleqtion remains on track to reach 30 logical qubits in 2026, plans a contracted Illinois quantum computer in 2027 designed to scale beyond 50 logical qubits, and highlighted government and commercial engagements across energy, space and defense applications.
Infleqtion is registering for resale up to 121,829,432 shares of Common Stock and up to 75,000 Private Warrants held by selling securityholders. Separately, it may issue up to 10,425,000 shares of Common Stock upon exercise of outstanding Public and Private Warrants, from which it would receive cash proceeds.
The registration covers shares issued in the Business Combination, including 12,654,760 PIPE Shares, 10,350,000 Founder Shares, 300,000 CCX Private Placement Shares and 98,449,672 shares held by Legacy Infleqtion Holders, plus 75,000 shares underlying Private Warrants. A prospectus supplement updates the selling securityholder table to reflect an in-kind distribution of 23,251,796 shares of Common Stock by entities affiliated with Global Frontier to certain limited partners as of July 10, 2026.
Infleqtion will not receive proceeds from any resale of shares or warrants by selling securityholders. It is an emerging growth company, and its Common Stock and Public Warrants trade on NYSE under “INFQ” and “INFQ WS,” last at $10.45 per share and $5.35 per warrant on July 14, 2026.