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QBTS - D-Wave Quantum Inc.

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D-Wave Quantum Inc.

QBTS

NYSE

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Launch, a quantum computing onboarding service; Ocean a full suite of open-source programming tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community. It also provides D-Wave Launch, a quantum professional service that guides enterprises from problem discovery through in-production application deployment. The company's quantum solutions are used in artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. It serves manufacturing and logistics, financial services, life sciences, and other industries. D-Wave Quantum Inc. is based in Burnaby, Canada.

10.15 USD

3.24 (31.92%)

QBTS Financial Statements

Year

2024

2023

2022

2021

CF from Operating Activities

-42.64M

-60.65M

-45.23M

-34.8M

Net Income

-143.88M

-82.72M

-51.53M

-31.55M

Depreciation & Amortization

1.93M

1.84M

2.33M

2.6M

Deferred Income Taxes

0

0

0

-994k

Stock Based Compensation

15.66M

21.92M

9.16M

1.74M

Change in Working Capital

0

-2.7M

3.02M

-1.17M

Accounts Receivable

137k

-554k

-337k

163k

Inventory

-215k

-237k

-148k

182k

Accounts Payable

-570k

-2.61M

3.6M

-379k

Other Working Capital

0

707k

-90k

-1.13M

Other Non-Cash Items

83.64M

1M

-8.22M

-5.44M

CF from Investing Activities

-3.14M

-630k

-498k

-2M

Investments in Property, Plant & Equipment

-2.11M

-583k

-498k

-2M

Net Acquisitions

0

0

0

0

Investment Purchases

0

0

0

0

Sales/Maturities of Investments

254k

0

0

0

Other Investing Activites

-1.29M

-47k

-75k

-225k

CF from Financing Activities

182.45M

95.64M

43.27M

24.91M

Debt Repayment

0

26.75M

-1.91M

-319k

Common Stock Issued

169.91M

0

40M

85k

Common Stock Repurchased

44.28M

-416k

0

0

Dividends Paid

0

0

0

0

Other Financing Activites

182.45M

68.89M

5.17M

25.23M

Free Cash Flow

-44.75M

-61.28M

-45.72M

-36.8M

Operating Cash Flow

-42.64M

-60.65M

-45.23M

-34.8M

Capital Expenditures

-2.11M

-630k

-498k

-2M

Cash at Beginning of Period

41.31M

7.07M

9.48M

21.34M

Cash at End of Period

177.98M

41.31M

7.07M

9.48M

Net Change In Cash

136.67M

34.24M

-2.42M

-11.85M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

-483.06M

-377.06M

-325.27M

-293.72M

Net Income

-143.88M

-82.72M

-38.97M

-34.07M

Stock Repurchases

44.28M

-416k

0

0

Dividend Paid

0

0

0

0

Retained Earnings

-626.94M

-483.06M

-377.06M

-325.27M

Other Distributions

-99.59M

-106.42M

-51.79M

-31.55M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

11.39M

10.77M

11.43M

11.83M

Annual Depreciation

0

1.84M

2.33M

2.6M

Capital Expenditure

-2.11M

-630k

-498k

-2M

Net PPE

13.5M

9.56M

9.59M

11.22M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

0

0

0

0

Goodwill (Previous Year)

0

0

0

0

Goodwill

0

0

0

0

All figures are in USD.

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