01 Quantum (ONE) Q3 2025 earnings summary

Executive summary

• Rebranded as 01 Quantum, 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 of IronCAP™ and PQC-enabled solutions underway.

• Strategic global partnerships and alliances, including with qLABS and Turnium, established to accelerate commercialization and revenue generation.

• Achieved revenue tipping point, with positive cash flow from development fees and royalties, and revenue growth expected in Q4 2025.

• Rebranding approved by 99.9% of shareholders.

Financial highlights

• Development fees from partners like Hitachi and qLABS are generating profitable, positive cash flow.

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

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

• Cash burn for the quarter was CAD 269,000, with available cash of CAD 1.1 million.

• Cash and securities at quarter-end totaled $1,076,325.

Outlook and guidance

• Revenue in Q4 2025 and Q1 2026 expected to be driven by PQC technology initiatives, including development fees and royalties.

• Expecting positive cash flow in Q4 and into the next fiscal year.

• Confident outlook for Q4, Q1, and Q2 of 2026, with new products and partnerships driving growth.

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

• Anticipates significant market opportunity as quantum computing advances accelerate cybersecurity threats.