The analysis focuses on Quantum Computing Incorporated (QUBT) and its recent performance. The stock has surged approximately 2300% in the last 52 weeks. The analyst discusses whether this is the beginning of a quantum revolution or just another hype cycle. The company's technology operates under normal conditions, differentiating it from cryogenic, high-power quantum machines. It has collaborations with NASA, Johns Hopkins, and Los Alamos. However, the company's last quarter revenue was only $61,000 with $36 million in losses. A direct contract with the US government to design photonic chips to improve NIST is mentioned as is shipping products to Europe. This should increase capability and visibility. They need to secure more capital for hiring and building tools to supplement growth. Three analysts give a hold. QUBT, also, should show increasing shipments and enterprise orders. At this level it a spec play and watchlisted.