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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

Total Revenue

8.83M

8.76M

7.17M

6.28M

Cost of Revenue

3.26M

4.14M

2.92M

1.75M

Gross Profit

5.56M

4.62M

4.25M

4.53M

Operating Expenses

82.79M

85.17M

63.71M

36.31M

Research and Development

35.3M

37.88M

32.1M

25.4M

Selling, General & Administrative Expenses

47.49M

47.29M

31.61M

18.08M

Selling & Marketing Expenses

15.06M

10.28M

10.07M

6.18M

General & Administrative Expenses

32.42M

37.01M

21.54M

11.9M

Other Expenses

0

0

716k

-7.17M

Operating Income

-77.22M

-80.55M

-59.46M

-31.78M

Total Other Income/Expenses Net

-66.66M

-2.17M

5.76M

-2.02M

Income Before Tax

-143.88M

-82.72M

-51.53M

-31.55M

Income Tax

0

0

-12.56M

2.53M

Net Income

-143.88M

-82.72M

-38.97M

-34.07M

Basic EPS

-0.75

-0.6

-0.33

-0.27

EPS Diluted

-0.75

-0.6

-0.33

-0.27

Basic Average Shares

192.13M

137.99M

119.65M

125.34M

Diluted Average Shares

192.13M

137.99M

119.65M

125.34M

EBITDA

-77.22M

-80.83M

-49.03M

-34.36M

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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