ZPTAWOTCServices-Prepackaged SoftwareUS GAAP · USD

Zapata Quantum, Inc.

Zapata Quantum, Inc. is a U.S.-based software company focused on quantum and hybrid quantum-classical computing applications. Its platform and related services are designed to help enterprises, government users, and researchers develop and deploy specialized computational workflows for complex problems.

Liikevoitto (EBIT)−3,4milj. USD
+85,1 %v/v
Nettotulos9,3milj. USD
+124,5 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2022–2025

−30−20−10010milj. USD2022: EBIT −1,5 milj. USD20222023: 5,7 milj. USD2023: EBIT −18 milj. USD20232024: 3,9 milj. USD2024: EBIT −23 milj. USD20242025: EBIT −3,4 milj. USD2025−3,4
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Quantum software platform45 %

Orquestra and related software tools used to build and run quantum applications.

Subscription software access25 %

Hosted access to the company's software platform sold on a recurring basis.

Consulting and engineering services20 %

Scientific and software engineering services supporting customer use cases.

Generative AI solutions10 %

Sense and Prose enterprise offerings for analytics and customized LLM use cases.

Asiakkaat

The company sells primarily to enterprise organizations that need specialized software for complex technical problems. Its reported customer base also includes government agencies, researchers, and large organizations in sectors such as defense, pharmaceuticals, manufacturing, materials discovery, and cryptography.

Enterprise organizations

Large businesses buying subscription software and services for industry-specific problems.

Government agencies

Public-sector users seeking quantum and hybrid computing capabilities for strategic workloads.

Defense and national security

Customers using the platform for cryptography, benchmarking, and mission applications.

Research and technical teams

Scientists and engineers using the platform to prototype and validate quantum workflows.

Life sciences and industrial users

Pharmaceutical, manufacturing, and materials customers exploring discovery and optimization use cases.

Strategia

The company’s stated direction is to focus on its core quantum software mission and the tooling layer that helps users deploy quantum and hybrid quantum-classical applications. It is also pursuing capital-raising and other restructuring actions to support a restart of business operations and preserve the platform and intellectual property base.

Re-center the business on quantum softwareLyhyt aikaväli

The platform and IP portfolio are the core differentiators versus broader software peers.

Monetize subscription and services offeringsKeskipitkä aikaväli

Recurring software access and support services fit enterprise adoption cycles and improve visibility.

Rebuild capital structure and operating capacityLyhyt aikaväli

The business needs funding to sustain development, sales, and customer delivery.

Maantiede

The company is headquartered in the United States and appears to serve customers primarily through software and services delivered from its hosted environment. The disclosed materials do not provide a country revenue split, but the business model suggests exposure to U.S. enterprise and government demand as well as broader international research and industrial markets.

Riskit

The company faces going-concern and financing risk because its ability to operate depends on raising capital and restarting commercial activity. It also faces execution risk in a niche market where customer adoption, technical validation, and long sales cycles can delay revenue conversion, while software and consulting revenue recognition depends on contract terms and delivery milestones.

Järjestetty vakavuuden mukaan
Going-concern and financing dependenceKriittinen

Operations require external capital to fund development, sales, and working capital.

Kohdistuu: Equity and debt markets

Commercialization risk for quantum softwareKorkea

Quantum use cases are still emerging and customer adoption may be slower than expected.

Kohdistuu: Enterprise and government demand

Technology and IP execution riskKorkea

The business depends on maintaining a differentiated platform and patent position.

Kohdistuu: Quantum software and algorithm development

Revenue concentration and contract timingKeskitaso

Subscription and consulting revenue can be uneven and tied to a small number of contracts.

Kohdistuu: Project-based enterprise contracts

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition for subscriptions and services

Different contract types are recognized over time, at deployment, or as work is completed.

Vaikutus: Affects revenue timing and quarter-to-quarter comparability

Derivative liability fair value measurement

Forward purchase agreement derivatives can create non-cash gains or losses.

Vaikutus: Can materially move reported net income

Debt issuance and extinguishment accounting

Senior notes and related extinguishment events can create one-time gains or losses.

Vaikutus: Can distort operating performance trends

Going-concern disclosures and estimates

Liquidity assumptions affect asset recoverability and financial statement presentation.

Vaikutus: May influence valuation allowances and impairment judgments

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 29.4.2026

Zapata Quantum, Inc. (OTC) – Services-Prepackaged Software | Analyysi – Clarifo