Quantum Computing (QUBT) had the highest return last quarter by a small-cap US stock, returning 2,439.1%.

ASSET	QUARTER	% RETURN
Quantum Computing (QUBT)	Q4 2024	2,439.12%
Quantum-Si (QSIAW)	Q4 2024	1,343.42%
SEALSQ (LAES)	Q4 2024	1,262.43%
KULR Technology (KULR)	Q4 2024	1,150%
D-Wave Quantum (QBTS)	Q4 2024	757.14%
Microvast (MVST)	Q4 2024	728%
Arqit Quantum (ARQQ)	Q4 2024	681.49%
Destiny Tech100 (DXYZ)	Q4 2024	491.56%
Red Cat (RCAT)	Q4 2024	409.92%
Mercurity Fintech Holding Inc ADR (MFH)	Q4 2024	312.69%
Eos Energy Enterprises (EOSEW)	Q4 2024	303.79%
Zevia Pbc (ZVIA)	Q4 2024	295.28%
Kodiak Sciences (KOD)	Q4 2024	288.67%
Chimerix (CMRX)	Q4 2024	270.21%
Uniqure (QURE)	Q4 2024	258.22%
TheRealReal (REAL)	Q4 2024	250.32%
SES AI (SES)	Q4 2024	241.02%
Poseida Therapeutics (PSTX)	Q4 2024	240.43%
Richtech Robotics Inc Class B Common Stock (RR)	Q4 2024	225.3%
Porch (PRCH)	Q4 2024	219.48%
QuantumSi (QSI)	Q4 2024	209.78%
BigBearai (BBAI)	Q4 2024	209.03%
Hesai Group American Depositary Share, each ADS represents one Class B ordinary share (HSAI)	Q4 2024	205.08%
Applied Opt (AAOI)	Q4 2024	162.72%
Amprius Technologies (AMPX)	Q4 2024	159.26%

Small-cap stocks are treated as having a market cap between $300M and $2B.