Infleqtion, Inc. (INFQ) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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Infleqtion, Inc. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Read chart description and values below for full signed amounts, including zero items.Accrued liabilities → operating reconciliation: $35,450,000.00Stock-based compensation expense → operating reconciliation: $12,066,000.00Accounts receivable → operating reconciliation: $1,431,000.00Depreciation and amortization expense → operating reconciliation: $980,000.00Change in fair value of contingent obligation → operating reconciliation: $841,000.00Operating lease right-of-use assets → operating reconciliation: $522,000.00operating reconciliation → Net cash from operating activities: $13,185,000.00operating reconciliation → Net loss: $24,151,000.00operating reconciliation → Contract liabilities: $6,354,000.00operating reconciliation → Prepaid expenses and other current assets: $4,026,000.00operating reconciliation → Other non-cash operating adjustments: $1,687,000.00operating reconciliation → Inventories: $965,000.00operating reconciliation → Unbilled receivables: $595,000.00operating reconciliation → Operating lease liabilities: $146,000.00operating reconciliation → Other assets: $110,000.00operating reconciliation → Accounts payable: $71,000.00Remaining financing cash flows, net (calculated) → financing reconciliation: $3,958,000.00financing reconciliation → Net cash from financing activities: $3,958,000.00Net cash used in investing activities → investing reconciliation: $41,180,000.00Maturities of available-for-sale securities → investing reconciliation: $48,800,000.00investing reconciliation → Purchases of available-for-sale securities: $85,590,000.00investing reconciliation → Purchase of non-marketable equity investment: $3,000,000.00investing reconciliation → Purchases of property and equipment: $1,390,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $84,874,000.00Net cash from operating activities → Cash sources and uses: $13,185,000.00Net cash from financing activities → Cash sources and uses: $3,958,000.00Cash sources and uses → Foreign currency translation: $418,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $60,419,000.00Cash sources and uses → Net cash used in investing activities: $41,180,000.00Net loss: -$24,151,000.00Net loss−$24.15 MAccrued liabilities: $35,450,000.00Accrued liabilities+$35.45 MPrepaid expenses and other current assets: -$4,026,000.00Prepaid expenses−$4.03 MAccounts receivable: $1,431,000.00Accounts receivable+$1.43 MDepreciation and amortization expense: $980,000.00Depreciation & amortization+$980.00 KStock-based compensation expense: $12,066,000.00Stock-based compensation+$12.07 MChange in fair value of contingent obligation: $841,000.00Contingent obligation fair value+$841.00 KInventories: -$965,000.00Inventories−$965.00 KUnbilled receivables: -$595,000.00Unbilled receivables−$595.00 KOther assets: -$110,000.00Other operating assets−$110.00 KAccounts payable: -$71,000.00Accounts payable−$71.00 KContract liabilities: -$6,354,000.00Deferred revenue−$6.35 MOperating lease right-of-use assets: $522,000.00Operating lease right-of-use+$522.00 KOperating lease liabilities: -$146,000.00Operating lease liabilities−$146.00 KOther non-cash operating adjustments: -$1,687,000.00Other non-cash items−$1.69 MNet cash from operating activities: $13,185,000.00Operating cash+$13.19 Moperating reconciliation: $51,290,000.00Payment of deferred cash consideration: -$0.00Proceeds from Business Combination, net of redemptions: $0.00Payment of offering costs: $0.00Remaining financing cash flows, net (calculated): $3,958,000.00Remaining financing (calculated)+$3.96 MNet cash from financing activities: $3,958,000.00Financing cash+$3.96 Mfinancing reconciliation: $3,958,000.00Purchases of available-for-sale securities: -$85,590,000.00AFS securities purchases−$85.59 MMaturities of available-for-sale securities: $48,800,000.00AFS securities proceeds+$48.80 MPurchase of non-marketable equity investment: -$3,000,000.00Non-marketable equity purchases−$3.00 MPurchases of property and equipment: -$1,390,000.00PP&E purchases−$1.39 MNet cash used in investing activities: -$41,180,000.00. Cash required to fund net payments.Investing cash−$41.18 Minvesting reconciliation: $89,980,000.00Cash sources and uses: $102,017,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $84,874,000.00Beginning cash$84.87 MEnding cash: Cash, cash equivalents, and restricted cash: $60,419,000.00Ending cash$60.42 MForeign currency translation: -$418,000.00Foreign currencytranslation−$418.00 KCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsNet loss −$24.15M + net operating adjustments $37.34M = operating cash +$13.19MFree cash flowNot availableCash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change−$24.46 MEnding cash − beginning cash
Chart details

Infleqtion, Inc. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
84,874,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
13,185,000 US dollars. Net cash provided.
Net loss
negative 24,151,000 US dollars
Accrued liabilities
35,450,000 US dollars
Prepaid expenses and other current assets
negative 4,026,000 US dollars
Accounts receivable
1,431,000 US dollars
Depreciation and amortization expense
980,000 US dollars
Stock-based compensation expense
12,066,000 US dollars
Change in fair value of contingent obligation
841,000 US dollars
Inventories
negative 965,000 US dollars
Unbilled receivables
negative 595,000 US dollars
Other assets
negative 110,000 US dollars
Accounts payable
negative 71,000 US dollars
Contract liabilities
negative 6,354,000 US dollars
Operating lease right-of-use assets
522,000 US dollars
Operating lease liabilities
negative 146,000 US dollars
Other non-cash operating adjustments
negative 1,687,000 US dollars
Investing activities
negative 41,180,000 US dollars. Net cash used.
Purchases of available-for-sale securities
negative 85,590,000 US dollars
Maturities of available-for-sale securities
48,800,000 US dollars
Purchase of non-marketable equity investment
negative 3,000,000 US dollars
Purchases of property and equipment
negative 1,390,000 US dollars
Financing activities
3,958,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the financing total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Proceeds from stock options exercised), so Proceeds from stock options and warrant exercises and Proceeds from issuance of Series C convertible redeemable preferred stock cannot be separated for this quarter. It may combine inflows and outflows.
Payment of deferred cash consideration
0 US dollars
Proceeds from Business Combination, net of redemptions
0 US dollars
Payment of offering costs
0 US dollars
Remaining financing cash flows, net (calculated)
3,958,000 US dollars
Operating adjustment reconciliation
51,290,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing displayed reconciliation
3,958,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
investing gross reconciliation
89,980,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Foreign currency translation
negative 418,000 US dollars. Out of cash; drawn as the small gray flow above ending cash.
Ending cash on Jun 30, 2026
60,419,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
102,017,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 24,455,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$24.15M + net operating adjustments $37.34M = operating cash +$13.19M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Cash-flow net income is −$24.15 M, derived by subtracting the earlier cumulative period; the income statement reports −$24.70 M for the same period. The difference is $544.00 K. Neither amount has been adjusted.
  • Cash-flow net income is −$24.15 M, derived by subtracting the earlier cumulative period; the income statement reports −$24.70 M for the same period. The difference is $544.00 K. Neither amount has been adjusted.
Infleqtion, Inc. (INFQ) FY2026 Q2 Statement of Cash Flows Sankey chart
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