Infleqtion Inc 2026年季度报告

Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to suchfiling requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company,or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ As of May 12, 2026, there were 218,196,891 shares of common stock of the registrant issued and outstanding. Table of Contents Table of Contents PARTI.FINANCIAL INFORMATION Item1.Financial StatementsCondensed Consolidated Balance Sheets (unaudited)Condensed Consolidated Statements of Operations and Comprehensive Loss (unaudited)Condensed Consolidated Statements of Stockholders’ Equity (Deficit) (unaudited)Condensed Consolidated Statements of Cash Flows (unaudited)Notes to Condensed Consolidated Financial Statements (unaudited)Item 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and ProceduresPARTII.OTHER INFORMATIONItem 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures The Infleqtion name and logo are our registered trademarks. This Quarterly Report on Form 10-Q contains references to our trademarks and totrademarks and service marks belonging to other entities. Solely for convenience, trademarks, service marks and trade names referred to in thisQuarterly Report on Form 10-Q, including logos, artwork and other visual displays, may appear without the®, SM, or™symbols, but such referencesare not intended to indicate in any way that we will not assert, to the fullest extent under applicable law, our rights or the rights of the applicable licensor Table of Contents SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements that are based on our management’s beliefs and assumptions and oninformation currently available to our management. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section21E of the SecuritiesExchange Act of 1934, as amended (the “Exchange Act”). All statements, other than statements of historical facts contained in this Quarterly Report onForm 10-Q, including statements regarding our future financial condition, business strategy and plans and objectives of management for future These forward-looking statements involve risks, uncertainties and other factors that may cause our actual results, levels of activity, performance orachievements to be materially different from the information expressed or implied by these forward-looking statements. Although we believe that wehave a reasonable basis for each forward-looking statement contained in this Quarterly Report on Form 10-Q, we caution you that these statements are •the anticipated benefits of our merger consummated on February13, 2026, pursuant to which Churchill Capital Corp X, a special purposeacquisition company, acquired ColdQuanta, Inc. (d/b/a Infleqtion) and redomesticated and renamed itself as Infleqtion, Inc., a Delawarecorporation, which may be affected by, among other things, competition and the ability of the Company to grow and manage growth •our financial and business performance; •the ability to maintain the listing of our common stock and warrants on the New York Stock Exchange;•our strategy, future operations, financial position, prospects and plans;•the implementation, market acceptance and success of our business model, growth strategy and opportunities, and our ability tocommercialize our quantum computing technology;•our expectations with respect to market opportunity