D-Wave Quantum Inc. financial data

Symbol
QBTS, QBTS-WT on NYSE
Industry
Services-Computer Processing & Data Preparation
Location
2650 East Bayshore Road, Palo Alto, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 179 % +100%
Quick Ratio 9.01 % +11.7%
Debt-to-equity -320 % -46.7%
Return On Equity 296 % +10.4%
Return On Assets -135 % +40.7%
Operating Margin -780 % +24.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 180M shares +59%
Common Stock, Shares, Outstanding 208M shares +33.9%
Entity Public Float 126M USD
Common Stock, Value, Issued 20K USD +33.3%
Weighted Average Number of Shares Outstanding, Basic 202M shares +51.3%
Weighted Average Number of Shares Outstanding, Diluted 202M shares +51.3%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 9.42M USD +14.3%
Cost of Revenue 3.37M USD -20.4%
Research and Development Expense 33.5M USD -16.8%
Selling and Marketing Expense 13.7M USD +15.5%
General and Administrative Expense 32.4M USD -12.1%
Operating Income (Loss) -73.5M USD +13.4%
Nonoperating Income (Expense) -283K USD -790%
Net Income (Loss) Attributable to Parent -73.8M USD +13.1%
Earnings Per Share, Basic -0.39 USD/shares +43.5%
Earnings Per Share, Diluted -0.39 USD/shares +43.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 1.46M USD +90.8%
Inventory, Net 1.9M USD -15.2%
Assets, Current 35.1M USD -39.7%
Property, Plant and Equipment, Net 3.41M USD +81.7%
Operating Lease, Right-of-Use Asset 7.64M USD -10.7%
Intangible Assets, Net (Excluding Goodwill) 436K USD +124%
Other Assets, Noncurrent 2.99M USD +121%
Assets 49.6M USD -29.4%
Employee-related Liabilities, Current 3.89M USD +5.05%
Accrued Liabilities, Current 6.57M USD -31.6%
Contract with Customer, Liability, Current 2.91M USD +33.7%
Liabilities, Current 25.8M USD -40.7%
Contract with Customer, Liability, Noncurrent 57K USD -38%
Operating Lease, Liability, Noncurrent 6.97M USD +1.19%
Other Liabilities, Noncurrent 0 USD -100%
Liabilities 66.5M USD -22.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -10.6M USD -1.21%
Retained Earnings (Accumulated Deficit) -541M USD -15.8%
Stockholders' Equity Attributable to Parent -16.9M USD -11.9%
Liabilities and Equity 49.6M USD -29.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -12.1M USD +10.7%
Net Cash Provided by (Used in) Financing Activities -726K USD -105%
Net Cash Provided by (Used in) Investing Activities -1.21M USD -1486%
Common Stock, Shares Authorized 675M shares 0%
Common Stock, Shares, Issued 208M shares +33.9%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -14M USD -828%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 29.3M USD -45.1%
Deferred Tax Assets, Valuation Allowance 111M USD +3.8%
Deferred Tax Assets, Gross 112M USD +4.25%
Operating Lease, Liability 8.4M USD
Depreciation 800K USD -27.3%
Payments to Acquire Property, Plant, and Equipment 305K USD +377%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -73.9M USD +13%
Lessee, Operating Lease, Liability, to be Paid 13.1M USD -7.99%
Property, Plant and Equipment, Gross 28.1M USD +9.37%
Operating Lease, Liability, Current 1.58M USD +13.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.19M USD -11.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.37M USD -10.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure -47.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.69M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.22M USD +7.21%
Deferred Tax Assets, Operating Loss Carryforwards 54.6M USD -1.45%
Preferred Stock, Shares Issued 0 shares -100%
Preferred Stock, Shares Authorized 0 shares -100%
Unrecognized Tax Benefits 700K USD +1.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.25M USD +7.11%
Additional Paid in Capital 535M USD +15.6%
Preferred Stock, Shares Outstanding 0 shares -100%
Depreciation, Depletion and Amortization 229K USD -32.4%
Deferred Tax Assets, Net of Valuation Allowance 807K USD +155%
Share-based Payment Arrangement, Expense 16.3M USD -29.4%
Interest Expense 4.78M USD +237%