Financial Snapshot

Revenue
$8.827M
TTM
Gross Margin
62.61%
TTM
Net Earnings
-$143.9M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
613.83%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$62.65M
Q4 2024
Cash
Q4 2024
P/E
-11.79
Nov 29, 2024 EST
Free Cash Flow
-$44.64M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020
Revenue $8.827M $8.758M $7.173M $0.00 $0.00
YoY Change 0.79% 22.1%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020
Revenue $8.827M $8.758M $7.173M $0.00 $0.00
Cost Of Revenue $3.264M $4.136M $2.923M $1.750M $915.0K
Gross Profit $5.563M $4.622M $4.250M $4.529M $4.245M
Gross Profit Margin 63.02% 52.77% 59.25%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operating Profits/Loss YoY Change

Operating Earnings to Gross Profit Ratio

Operating Profit Margin

Operational Expenses

Concept 2024 2023 2022 2021 2020
Selling, General & Admin $47.49M $47.29M $31.61M $18.34M $15.57M
YoY Change 0.41% 49.62% 72.3% 17.82%
% of Gross Profit 853.6% 1023.15% 743.69% 405.03% 366.76%
Research & Development $35.30M $37.88M $32.10M $25.13M $20.14M
YoY Change -6.81% 18.0% 27.72% 24.77%
% of Gross Profit 634.55% 819.52% 755.32% 554.93% 474.51%
Depreciation & Amortization $1.109M $1.054M $1.423M $1.534M $1.886M
YoY Change 5.22% -25.93% -7.24% -18.66%
% of Gross Profit 19.94% 22.8% 33.48% 33.87% 44.43%
Operating Expenses $82.79M $85.17M $63.71M $3.782M $343.2K
YoY Change -2.8% 33.68% 1584.67% 1001.84%
Operating Profit -$77.22M -$80.55M -$59.46M $747.4K $3.902M
YoY Change -4.13% 35.47% -8055.74% -80.85%
Operating Profit To Gross Profit -1388.15% -1742.67% -1399.01% 16.5% 91.91%
Operating Profit To Revenue -874.85% -919.68% -828.91%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020
Interest Expense -$3.047M -$37.00K $4.633M $124.9K $58.48K
YoY Change 8135.14% -100.8% 3610.85% 113.49%
% of Operating Profit 16.71% 1.5%
Other Income/Expense, Net -$66.66M -$2.132M $7.929M $27.91M -$27.12M
YoY Change 3026.45% -126.89% -71.59% -202.92%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020
Pretax Income -$143.9M -$82.72M -$51.53M $24.26M -$27.41M
YoY Change 73.95% 60.52% -312.44% -188.5%
Income Tax -$771.0K
% Of Pretax Income -3.18%
Net Earnings -$143.9M -$82.72M -$51.50M $24.25M -$27.41M
YoY Change 73.97% 60.61% -312.41% -188.47%
Net Earnings / Revenue -1630.23% -944.45% -717.97%
Basic Earnings Per Share -$0.75 -$0.60 -$0.43 -$0.25 -$0.08
Diluted Earnings Per Share -$0.75 -$0.60 -$0.43 $646.5K -$764.7K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020
Cash & Short-Term Investments $178.0M $41.31M $7.065M $124.7K $1.085M
YoY Change 330.87% 484.67% 5564.69% -88.5%
Cash & Equivalents $9.483M $21.34M
Short-Term Investments
Other Short-Term Assets $3.954M $1.923M $3.643M $176.2K $389.4K
YoY Change 105.62% -47.21% 1967.3% -54.75%
Inventory $1.686M $2.078M $2.196M $2.114M $2.521M
Prepaid Expenses
Receivables $1.420M $1.652M $1.021M $5.195M $16.18M
Other Receivables $0.00 $86.00K $0.00 $0.00 $0.00
Total Short-Term Assets $185.0M $47.05M $13.93M $300.9K $1.474M
YoY Change 293.32% 237.85% 4527.17% -79.58%
Property, Plant & Equipment $11.39M $10.77M $11.43M $11.83M $5.842M
YoY Change 5.75% -5.71% -3.38% 102.45%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.574M $1.168M $1.168M $300.2M $300.1M
YoY Change 120.38% 0.0% -99.61% 0.04%
Other Assets $355.0K $189.0K $183.0K $184.0K $182.0K
YoY Change 87.83% 3.28% -0.54% 1.1%
Total Long-Term Assets $14.81M $12.31M $13.02M $300.2M $300.1M
YoY Change 20.33% -5.47% -95.66% 0.04%
Total Assets $199.9M $59.36M $26.95M $300.5M $301.5M
YoY Change
Accounts Payable $9.599M $6.808M $6.215M $2.109M $2.176M
YoY Change 41.0% 9.54% 194.69% -3.08%
Accrued Expenses $10.30M $6.672M $5.716M $5.241M $270.1K
YoY Change 54.32% 16.72% 9.06% 1840.75%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $420.0K $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $348.0K $399.0K $1.671M $259.0K $355.0K
YoY Change -12.78% -76.12% 545.17% -27.04%
Total Short-Term Liabilities $30.15M $11.25M $15.85M $2.889M $49.47M
YoY Change 167.96% -29.01% 448.54% -94.16%
Long-Term Debt $30.13M $63.85M $7.811M $0.00 $0.00
YoY Change -52.81% 717.44%
Other Long-Term Liabilities $76.93M $8.737M $9.202M $21.29M $1.440M
YoY Change 780.55% -5.05% -56.77% 1378.29%
Total Long-Term Liabilities $107.1M $72.59M $17.01M $21.29M $0.00
YoY Change 47.49% 326.66% -20.08%
Total Liabilities $137.2M $83.84M $32.86M $24.18M $49.47M
YoY Change 63.66% 155.13% 35.92% -51.13%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020
Basic Shares Outstanding 192.1M shares 138.0M shares 119.6M shares 125.3M shares 127.2M shares
Diluted Shares Outstanding 192.1M shares 138.0M shares 119.6M shares 125.3M shares 127.2M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $1.6961 Billion

About D-Wave Quantum Inc

D-Wave Quantum, Inc. engages in the development and delivery of quantum computing systems, software, and services. The company is headquartered in Burnaby, British Columbia. The company went IPO on 2020-10-11. The firm builds and delivers the systems, cloud services, application development tools, and professional services to support the end-to-end quantum computing journey for enterprises and developers. The firm's products include The Leap and The Advantage. The Leap quantum cloud service delivers immediate, real-time access to its Advantage quantum computer and quantum hybrid solver services. The Advantage quantum system is a quantum computer designed for business. The company also provides quantum applications to a range of customer including, scheduling, mobility, logistics, drug discovery, portfolio optimization, manufacturing processes, and others. Its offers solutions across workforce scheduling, production scheduling, vehicle routing, resource optimization and cargo loading.

Industry: Services-Computer Processing & Data Preparation Peers: Sphere 3D Corp