2024 Q3 Form 10-Q Financial Statement
#000190798224000096 Filed on August 08, 2024
Income Statement
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| Revenue | $1.870M | $2.183M |
| YoY Change | -27.01% | 27.89% |
| Cost Of Revenue | $827.0K | $795.0K |
| YoY Change | -19.94% | -20.66% |
| Gross Profit | $1.043M | $1.388M |
| YoY Change | -31.79% | 96.88% |
| Gross Profit Margin | 55.78% | 63.58% |
| Selling, General & Admin | $13.01M | $11.87M |
| YoY Change | 24.19% | -1.59% |
| % of Gross Profit | 1247.46% | 855.33% |
| Research & Development | $8.668M | $8.355M |
| YoY Change | -8.36% | -12.49% |
| % of Gross Profit | 831.06% | 601.95% |
| Depreciation & Amortization | $200.0K | $200.0K |
| YoY Change | 0.0% | 0.0% |
| % of Gross Profit | 19.18% | 14.41% |
| Operating Expenses | $21.68M | $20.23M |
| YoY Change | 8.74% | -6.41% |
| Operating Profit | -$20.64M | -$18.84M |
| YoY Change | 12.11% | -9.89% |
| Interest Expense | -$2.747M | -$1.592M |
| YoY Change | -710.44% | 40.88% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$2.076M | $1.061M |
| YoY Change | -180.53% | -121.26% |
| Pretax Income | -$22.71M | -$17.78M |
| YoY Change | 43.47% | -31.36% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$22.70M | -$17.80M |
| YoY Change | 43.67% | -31.27% |
| Net Earnings / Revenue | -1213.9% | -815.39% |
| Basic Earnings Per Share | -$0.11 | -$0.10 |
| Diluted Earnings Per Share | -$0.11 | -$0.10 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 157.7M shares | 126.4M shares |
| Diluted Shares Outstanding | 201.6M shares | 172.1M shares |
Balance Sheet
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $29.47M | $41.06M |
| YoY Change | -44.72% | 446.75% |
| Cash & Equivalents | $29.27M | $40.86M |
| Short-Term Investments | $200.0K | $200.0K |
| Other Short-Term Assets | $2.447M | $2.349M |
| YoY Change | 39.83% | 6.77% |
| Inventory | $1.903M | $2.126M |
| Prepaid Expenses | ||
| Receivables | $1.456M | $1.570M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $35.08M | $46.91M |
| YoY Change | -39.72% | 265.25% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $3.414M | $3.212M |
| YoY Change | 81.69% | 79.24% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | $436.0K | $408.0K |
| YoY Change | 123.59% | 99.02% |
| Long-Term Investments | $2.574M | $2.396M |
| YoY Change | ||
| Other Assets | $2.989M | $3.705M |
| YoY Change | 121.24% | 173.63% |
| Total Long-Term Assets | $14.48M | $14.91M |
| YoY Change | 20.83% | 23.52% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $35.08M | $46.91M |
| Total Long-Term Assets | $14.48M | $14.91M |
| Total Assets | $49.56M | $61.81M |
| YoY Change | -29.38% | 148.15% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $696.0K | $1.168M |
| YoY Change | -54.81% | -71.58% |
| Accrued Expenses | $6.573M | $5.038M |
| YoY Change | -31.56% | -53.35% |
| Deferred Revenue | $2.910M | $2.590M |
| YoY Change | 33.67% | -8.38% |
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | -100.0% | -100.0% |
| Long-Term Debt Due | $14.07M | $32.67M |
| YoY Change | -53.11% | 105.32% |
| Total Short-Term Liabilities | $25.83M | $42.94M |
| YoY Change | -40.39% | 27.64% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $32.01M | $31.45M |
| YoY Change | 251.48% | 271.19% |
| Other Long-Term Liabilities | $8.634M | $8.933M |
| YoY Change | -3.53% | -16.44% |
| Total Long-Term Liabilities | $32.01M | $31.45M |
| YoY Change | 251.48% | 271.19% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $25.83M | $42.94M |
| Total Long-Term Liabilities | $32.01M | $31.45M |
| Total Liabilities | $66.48M | $83.33M |
| YoY Change | 8.3% | 57.81% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$540.9M | -$518.2M |
| YoY Change | 22.07% | 21.27% |
| Common Stock | $20.00K | $18.00K |
| YoY Change | 33.33% | 50.0% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | -$16.92M | -$21.51M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $49.56M | $61.81M |
| YoY Change | -29.38% | 148.15% |
Cashflow Statement
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$22.70M | -$17.80M |
| YoY Change | 43.67% | -31.27% |
| Depreciation, Depletion And Amortization | $200.0K | $200.0K |
| YoY Change | 0.0% | 0.0% |
| Cash From Operating Activities | -$18.07M | -$14.47M |
| YoY Change | 7.13% | -6.48% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $306.0K | $458.0K |
| YoY Change | 206.0% | |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$63.00K | -$146.0K |
| YoY Change | ||
| Cash From Investing Activities | -$369.0K | -$604.0K |
| YoY Change | 269.0% | |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 7.006M | 28.61M |
| YoY Change | -88.84% | 103.32% |
| NET CHANGE | ||
| Cash From Operating Activities | -18.07M | -14.47M |
| Cash From Investing Activities | -369.0K | -604.0K |
| Cash From Financing Activities | 7.006M | 28.61M |
| Net Change In Cash | -11.44M | 13.54M |
| YoY Change | -124.98% | -1066.79% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$18.07M | -$14.47M |
| Capital Expenditures | $306.0K | $458.0K |
| Free Cash Flow | -$18.38M | -$14.93M |
| YoY Change | 8.3% | -3.52% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
172139085 | shares |
| CY2024Q2 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
171000 | usd |
| CY2023Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
490000 | usd |
| CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
186073087 | shares |
| CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
186073087 | shares |
| CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
161113744 | shares |
| CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
161113744 | shares |
| CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.10 | |
| CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.10 | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.21 | ||
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.21 | ||
| CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
172139085 | shares |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
127337903 | shares |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
127337903 | shares |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
166723787 | shares | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
166723787 | shares | |
| CY2024Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
9101000 | usd |
| CY2024Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
35000 | usd |
| CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4221000 | usd |
| CY2024Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
617000 | usd |
| CY2024Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
22000 | usd |
| CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-17778000 | usd |
| CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-21514000 | usd |
| CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-30660000 | usd |
| CY2023Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
662000 | usd |
| CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4722000 | usd |
| CY2023Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-66000 | usd |
| CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-26189000 | usd |
| CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-51531000 | usd |
| CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-24481000 | usd |
| us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
223000 | usd | |
| us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
9101000 | usd | |
| us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
171000 | usd | |
| us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
43000 | usd | |
| us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
9736000 | usd | |
| us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
1351000 | usd | |
| us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
69000 | usd | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-35090000 | usd | |
| CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-21514000 | usd |
| CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-29463000 | usd |
| us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1208000 | usd | |
| us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
15683000 | usd | |
| us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
11477000 | usd | |
| qbts |
Adjustments To Additional Paid In Capital Short Swing Profit Settlement
AdjustmentsToAdditionalPaidInCapitalShortSwingProfitSettlement
|
244000 | usd | |
| us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-85000 | usd | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-50595000 | usd | |
| CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-51531000 | usd |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-50595000 | usd | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
510000 | usd | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
601000 | usd | |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7730000 | usd | |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
11477000 | usd | |
| us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
398000 | usd | |
| us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
417000 | usd | |
| qbts |
Noncash Interest Expense Income
NoncashInterestExpenseIncome
|
2211000 | usd | |
| qbts |
Noncash Interest Expense Income
NoncashInterestExpenseIncome
|
750000 | usd | |
| us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
457000 | usd | |
| us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
1512000 | usd | |
| qbts |
Fair Value Adjustment Of Debt Instrument
FairValueAdjustmentOfDebtInstrument
|
-924000 | usd | |
| qbts |
Fair Value Adjustment Of Debt Instrument
FairValueAdjustmentOfDebtInstrument
|
345000 | usd | |
| qbts |
Amortization Of Debt Issuance Costs Net
AmortizationOfDebtIssuanceCostsNet
|
0 | usd | |
| qbts |
Amortization Of Debt Issuance Costs Net
AmortizationOfDebtIssuanceCostsNet
|
643000 | usd | |
| us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
1503000 | usd | |
| us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
0 | usd | |
| us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
1274000 | usd | |
| us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-932000 | usd | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-9000 | usd | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
40000 | usd | |
| us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
147000 | usd | |
| us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
81000 | usd | |
| us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
339000 | usd | |
| us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1709000 | usd | |
| us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-502000 | usd | |
| us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
338000 | usd | |
| us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1741000 | usd | |
| us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
2126000 | usd | |
| us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-125000 | usd | |
| us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
1157000 | usd | |
| us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
364000 | usd | |
| us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-335000 | usd | |
| us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
103000 | usd | |
| us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
0 | usd | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-26587000 | usd | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-29044000 | usd | |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
850000 | usd | |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
79000 | usd | |
| us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
1000000 | usd | |
| us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
0 | usd | |
| us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
254000 | usd | |
| us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
0 | usd | |
| us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
213000 | usd | |
| us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
0 | usd | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1809000 | usd | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-79000 | usd | |
| us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
20288000 | usd | |
| us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
15683000 | usd | |
| qbts |
Proceeds From The Issuance Of Common Stock In At The Market Offerings Net Of Issuance Costs
ProceedsFromTheIssuanceOfCommonStockInAtTheMarketOfferingsNetOfIssuanceCosts
|
9100000 | usd | |
| qbts |
Proceeds From The Issuance Of Common Stock In At The Market Offerings Net Of Issuance Costs
ProceedsFromTheIssuanceOfCommonStockInAtTheMarketOfferingsNetOfIssuanceCosts
|
0 | usd | |
| us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
43000 | usd | |
| us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1208000 | usd | |
| qbts |
Proceeds From Common Stock Issued Under The Employee Stock Purchase Plan
ProceedsFromCommonStockIssuedUnderTheEmployeeStockPurchasePlan
|
171000 | usd | |
| qbts |
Proceeds From Common Stock Issued Under The Employee Stock Purchase Plan
ProceedsFromCommonStockIssuedUnderTheEmployeeStockPurchasePlan
|
0 | usd | |
| qbts |
Proceeds From Term Loan
ProceedsFromTermLoan
|
0 | usd | |
| qbts |
Proceeds From Term Loan
ProceedsFromTermLoan
|
14357000 | usd | |
| us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
1351000 | usd | |
| us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | usd | |
| qbts |
Proceeds From Short Swing Profit Settlement
ProceedsFromShortSwingProfitSettlement
|
0 | usd | |
| qbts |
Proceeds From Short Swing Profit Settlement
ProceedsFromShortSwingProfitSettlement
|
244000 | usd | |
| us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
370000 | usd | |
| us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1835000 | usd | |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
27881000 | usd | |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
29657000 | usd | |
| us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
69000 | usd | |
| us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-85000 | usd | |
| us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-446000 | usd | |
| us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
449000 | usd | |
| CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
41307000 | usd |
| CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7065000 | usd |
| CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
40861000 | usd |
| CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7514000 | usd |
| us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
476000 | usd | |
| us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd | |
| qbts |
Purchase Sale Of Property Plant And Equipment Included In Accounts Payable Accounts Receivable
PurchaseSaleOfPropertyPlantAndEquipmentIncludedInAccountsPayableAccountsReceivable
|
239000 | usd | |
| qbts |
Purchase Sale Of Property Plant And Equipment Included In Accounts Payable Accounts Receivable
PurchaseSaleOfPropertyPlantAndEquipmentIncludedInAccountsPayableAccountsReceivable
|
0 | usd | |
| qbts |
Stock Based Compensation Issued
StockBasedCompensationIssued
|
2006000 | usd | |
| qbts |
Stock Based Compensation Issued
StockBasedCompensationIssued
|
0 | usd | |
| us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="margin-top:6pt;padding-left:22.5pt;text-align:justify;text-indent:-22.5pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1. DESCRIPTION OF BUSINESS</span></div><div style="margin-bottom:0.11pt;margin-top:6pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">D-Wave Quantum Inc. ("D-Wave" or the “Company”) was incorporated under the General Corporation Law of the State of Delaware on January 24, 2022. The Company was formed for the purpose of effecting a merger between DPCM Capital, Inc. (“DPCM”), D-Wave Systems Inc. (“D-Wave Systems”), and certain other affiliated entities through a series of transactions (the “Merger”) pursuant to the definitive agreement entered into on February 7, 2022 (the “Transaction Agreement”). On August 5, 2022, in conjunction with the Merger, DPCM and D-Wave Systems became wholly-owned subsidiaries of, and are operated by, the Company. Upon the completion of the Merger, the Company succeeded to all of the operations of its predecessor, D-Wave Systems. </span></div><div style="margin-top:6pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">D-Wave is a commercial quantum computing company that provides customers with a full suite of professional services and web-based access to its superconducting quantum computer systems and integrated software environment through its Leap</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">TM </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">quantum cloud service. Historically, the Company has developed its own annealing superconducting quantum computer and associated software, and its current generation quantum system is the Advantage</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">TM</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> system.</span></div><div style="margin-top:6pt;text-align:justify;text-indent:36pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">D-Wave has three operating facilities, which it leases, in North America. These facilities are located in Burnaby, British Columbia, Richmond, British Columbia, and Palo Alto, California.</span></div> | ||
| CY2024Q2 | qbts |
Number Of Operating Facilities
NumberOfOperatingFacilities
|
3 | facility |
| CY2024Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-518200000 | usd |
| CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-17800000 | usd |
| CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-26200000 | usd |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-35100000 | usd | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
-50600000 | usd | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-26600000 | usd | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-29000000.0 | usd | |
| CY2024Q2 | us-gaap |
Cash
Cash
|
40900000 | usd |
| CY2024Q2 | qbts |
Working Capital Deficit
WorkingCapitalDeficit
|
-4000000.0 | usd |
| CY2024Q2 | us-gaap |
Assets Net
AssetsNet
|
21500000 | usd |
| CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
| us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of estimates</span></div><div style="margin-top:6pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses and the disclosure of contingent assets and liabilities in the Company’s condensed consolidated financial statements and accompanying notes as of the date of the condensed consolidated financial statements. The most significant estimates and assumptions are used in determining: (i) inputs used to recognize revenue over time relating to hours estimated to complete the remaining performance obligations, (ii) fair value of financial instruments, and (iii) long term revenue forecasts used in the accounting for the SIF Loan (see below and Note 6 for further information). These estimates and assumptions are based on current facts, historical experience and various other factors believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the recording of expenses that are not readily apparent from other sources. On an ongoing basis, management evaluates its estimates as there are changes in circumstances, facts, and experience.</span></div>The Company’s accounting estimates and assumptions may change over time in response to risks and uncertainties, including uncertainty in the current economic environment due to inflation, increased interest rates, Ukraine/Russia conflict, the Israel-Hamas War, and any evolutions thereof. The change could be material in future periods. As of the date of issuance of these condensed consolidated financial statements, the Company is not aware of any specific event or circumstances that would require the Company to update estimates, judgments or revise the carrying value of any assets or liabilities. Actual results may differ from those estimates or assumptions. | ||
| CY2024Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2183000 | usd |
| CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1707000 | usd |
| us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4648000 | usd | |
| us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3290000 | usd | |
| CY2024Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2183000 | usd |
| CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1707000 | usd |
| us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4648000 | usd | |
| us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3290000 | usd | |
| CY2024Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2183000 | usd |
| CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1707000 | usd |
| us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4648000 | usd | |
| us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3290000 | usd | |
| CY2024Q2 | qbts |
Accounts Receivable After Allowance For Credit Loss Excluding Unbilled Receivables Current
AccountsReceivableAfterAllowanceForCreditLossExcludingUnbilledReceivablesCurrent
|
926000 | usd |
| CY2023Q4 | qbts |
Accounts Receivable After Allowance For Credit Loss Excluding Unbilled Receivables Current
AccountsReceivableAfterAllowanceForCreditLossExcludingUnbilledReceivablesCurrent
|
644000 | usd |
| CY2024Q2 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
644000 | usd |
| CY2023Q4 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
1008000 | usd |
| CY2024Q2 | qbts |
Contract With Customer Assets And Deposit
ContractWithCustomerAssetsAndDeposit
|
1570000 | usd |
| CY2023Q4 | qbts |
Contract With Customer Assets And Deposit
ContractWithCustomerAssetsAndDeposit
|
1652000 | usd |
| CY2024Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
2590000 | usd |
| CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
2669000 | usd |
| CY2024Q2 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
33000 | usd |
| CY2023Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
79000 | usd |
| CY2024Q2 | qbts |
Contract With Customer Deposit Liability
ContractWithCustomerDepositLiability
|
45000 | usd |
| CY2023Q4 | qbts |
Contract With Customer Deposit Liability
ContractWithCustomerDepositLiability
|
45000 | usd |
| CY2024Q2 | qbts |
Contract With Customer Liability And Deposit
ContractWithCustomerLiabilityAndDeposit
|
2668000 | usd |
| CY2023Q4 | qbts |
Contract With Customer Liability And Deposit
ContractWithCustomerLiabilityAndDeposit
|
2793000 | usd |
| CY2024Q2 | us-gaap |
Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
|
200000 | usd |
| CY2023Q4 | us-gaap |
Contract With Customer Asset Accumulated Allowance For Credit Loss
ContractWithCustomerAssetAccumulatedAllowanceForCreditLoss
|
200000 | usd |
| us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
1500000 | usd | |
| us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
1600000 | usd | |
| CY2024Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
2748000 | usd |
| CY2023Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
1790000 | usd |
| CY2024Q2 | qbts |
Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
|
4553000 | usd |
| CY2023Q2 | qbts |
Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
|
3227000 | usd |
| CY2024Q2 | qbts |
Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
|
4678000 | usd |
| CY2023Q2 | qbts |
Contract With Customer Liability Revenue Recognized Including Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance
|
2070000 | usd |
| CY2024Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
2623000 | usd |
| CY2023Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
2947000 | usd |
| CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
8100000 | usd |
| CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.42 | |
| CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P12M | |
| CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.66 | |
| CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P2Y | |
| CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.83 | |
| CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P3Y | |
| CY2024Q2 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
2098000 | usd |
| CY2023Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
2052000 | usd |
| CY2024Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
28000 | usd |
| CY2023Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
26000 | usd |
| CY2024Q2 | us-gaap |
Inventory Net
InventoryNet
|
2126000 | usd |
| CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
2078000 | usd |
| CY2024Q2 | qbts |
Prepaid Services Current
PrepaidServicesCurrent
|
798000 | usd |
| CY2023Q4 | qbts |
Prepaid Services Current
PrepaidServicesCurrent
|
386000 | usd |
| CY2024Q2 | qbts |
Prepaid Software Current
PrepaidSoftwareCurrent
|
621000 | usd |
| CY2023Q4 | qbts |
Prepaid Software Current
PrepaidSoftwareCurrent
|
543000 | usd |
| CY2024Q2 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
414000 | usd |
| CY2024Q2 | us-gaap |
Prepaid Rent
PrepaidRent
|
134000 | usd |
| CY2023Q4 | us-gaap |
Prepaid Rent
PrepaidRent
|
150000 | usd |
| CY2024Q2 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
382000 | usd |
| CY2023Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
440000 | usd |
| CY2024Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2349000 | usd |
| CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2009000 | usd |
| CY2024Q2 | us-gaap |
Long Term Investments
LongTermInvestments
|
2396000 | usd |
| CY2023Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
1168000 | usd |
| CY2024Q2 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
1066000 | usd |
| CY2023Q4 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
0 | usd |
| CY2024Q2 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
189000 | usd |
| CY2023Q4 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
189000 | usd |
| CY2024Q2 | us-gaap |
Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
|
54000 | usd |
| CY2023Q4 | us-gaap |
Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
|
0 | usd |
| CY2024Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
3705000 | usd |
| CY2023Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1357000 | usd |
| CY2024Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
1700000 | usd |
| CY2024Q2 | us-gaap |
Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
|
200000 | usd |
| CY2024Q2 | us-gaap |
Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
|
0 | usd |
| CY2024Q2 | us-gaap |
Marketable Securities
MarketableSecurities
|
200000 | usd |
| CY2024Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2533000 | usd |
| CY2023Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
3245000 | usd |
| CY2024Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
496000 | usd |
| CY2023Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
1092000 | usd |
| CY2024Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2009000 | usd |
| CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1006000 | usd |
| CY2024Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5038000 | usd |
| CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5343000 | usd |
| CY2024Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
27687000 | usd |
| CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
26604000 | usd |
| CY2024Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
24475000 | usd |
| CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
24053000 | usd |
| CY2024Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3212000 | usd |
| CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2551000 | usd |
| CY2024Q2 | us-gaap |
Depreciation
Depreciation
|
200000 | usd |
| CY2023Q2 | us-gaap |
Depreciation
Depreciation
|
200000 | usd |
| us-gaap |
Depreciation
Depreciation
|
400000 | usd | |
| us-gaap |
Depreciation
Depreciation
|
500000 | usd | |
| CY2024Q2 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
32666000 | usd |
| CY2023Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
399000 | usd |
| CY2024Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
31451000 | usd |
| CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
63850000 | usd |
| CY2024Q2 | qbts |
Long Term Debt Current Amortized Cost
LongTermDebtCurrentAmortizedCost
|
366000 | usd |
| CY2023Q4 | qbts |
Long Term Debt Current Amortized Cost
LongTermDebtCurrentAmortizedCost
|
399000 | usd |
| CY2024Q2 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
32666000 | usd |
| CY2023Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
399000 | usd |
| CY2024Q2 | qbts |
Long Term Debt Noncurrent Amortized Cost
LongTermDebtNoncurrentAmortizedCost
|
31451000 | usd |
| CY2023Q4 | qbts |
Long Term Debt Noncurrent Amortized Cost
LongTermDebtNoncurrentAmortizedCost
|
32450000 | usd |
| CY2024Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
31451000 | usd |
| CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
63850000 | usd |
| qbts |
Class Of Warrant Or Right Exercised
ClassOfWarrantOrRightExercised
|
0 | shares | |
| CY2024Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
17916609 | shares |
| CY2024Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
|
1 | shares |
| CY2024Q2 | qbts |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights Prior To Exchange Ratio
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRightsPriorToExchangeRatio
|
11.50 | |
| CY2022Q3 | qbts |
Recapitalization Exchange Ratio
RecapitalizationExchangeRatio
|
1.4541326 | |
| CY2024Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
7.91 | |
| CY2024Q2 | qbts |
Class Of Warrant Or Right Redemption Price
ClassOfWarrantOrRightRedemptionPrice
|
0.10 | |
| qbts |
Class Of Warrant Or Right Redemption Notice Period
ClassOfWarrantOrRightRedemptionNoticePeriod
|
P30D | ||
| qbts |
Class Of Warrant Or Right Redemption Share Price Threshold Trading Days
ClassOfWarrantOrRightRedemptionSharePriceThresholdTradingDays
|
20 | day | |
| qbts |
Class Of Warrant Or Right Redemption Share Price Threshold Consecutive Trading Days
ClassOfWarrantOrRightRedemptionSharePriceThresholdConsecutiveTradingDays
|
P30D | ||
| CY2022Q3 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
10.00 | |
| qbts |
Class Of Warrant Or Right Reference Value
ClassOfWarrantOrRightReferenceValue
|
18.00 | ||
| qbts |
Class Of Warrant Or Right Redemption Notice Period
ClassOfWarrantOrRightRedemptionNoticePeriod
|
P30D | ||
| CY2022Q3 | qbts |
Class Of Warrant Or Right Conversion Ratio
ClassOfWarrantOrRightConversionRatio
|
0.889657 | |
| CY2022Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
1155713 | shares |
| CY2022Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
1155713 | shares |
| us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
|
P10Y | ||
| CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
11464447 | shares |
| CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.64 | |
| CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y9M18D | |
| CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
0 | usd |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
2921082 | shares | |
| us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.30 | ||
| us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
51802 | shares | |
| us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.97 | ||
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
35000 | usd | |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
223336 | shares | |
| us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
3.18 | ||
| CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
14110391 | shares |
| CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.64 | |
| us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y11M19D | ||
| CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
2641000 | usd |
| CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
11757385 | shares |
| CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
1.41 | |
| us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P6Y7M6D | ||
| CY2024Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
2407000 | usd |
| CY2024Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
2353006 | shares |
| CY2024Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
2.47 | |
| qbts |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedWeightedAverageRemainingContractualTerm
|
P8Y9M18D | ||
| CY2024Q2 | qbts |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedIntrinsicValue
|
234000 | usd |
| CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
14110391 | shares |
| CY2024Q2 | qbts |
Share Based Compensation Arrangement By Share Based Payment Award Options To Be Issued Upon Exercise
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsToBeIssuedUponExercise
|
9222130 | shares |
| CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
|
P9Y29D | |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
|
P14Y7M17D | ||
| CY2024Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4221000 | usd |
| CY2023Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4722000 | usd |
| us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7730000 | usd | |
| us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
11477000 | usd | |
| CY2024Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
26500000 | usd |
| qbts |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate
|
0.027 | ||
| us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y3M7D | ||
| CY2024Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
600000 | usd |
| CY2023Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
300000 | usd |
| us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1000000 | usd | |
| us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
700000 | usd | |
| CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-17778000 | usd |
| CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-17778000 | usd |
| CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-26189000 | usd |
| CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-26189000 | usd |
| CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
172139085 | shares |
| CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
172139085 | shares |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
127337903 | shares |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
127337903 | shares |
| CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.10 | |
| CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.10 | |
| CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.21 | |
| CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.21 | |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-35090000 | usd | |
| us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-35090000 | usd | |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-50595000 | usd | |
| us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-50595000 | usd | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
166723787 | shares | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
166723787 | shares | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
125252585 | shares | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
125252585 | shares | |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.21 | ||
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.21 | ||
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.40 | ||
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.40 | ||
| CY2024Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
50412719 | shares |
| CY2023Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
40254105 | shares |
| CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
| CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
| CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
| CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |
