D-Wave Quantum Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	29.27	41.31	7.07	9.48	21.34
Cash & Short-Term Investments	29.27	41.31	7.07	9.48	21.34
Cash Growth	-45.09%	484.67%	-25.50%	-55.55%	-
Accounts Receivable	1.46	1.65	0.82	0.44	0.6
Other Receivables	-	0.09	0.26	4.77	15.59
Receivables	1.46	1.74	1.08	5.21	16.19
Inventory	1.9	2.08	2.2	2.11	2.52
Prepaid Expenses	1.02	1.36	2.99	0.52	0.6
Other Current Assets	1.43	0.56	0.6	1.83	0.64
Total Current Assets	35.08	47.05	13.93	19.16	41.28
Property, Plant & Equipment	11.06	10.77	11.43	11.83	5.84
Long-Term Investments	2.57	1.17	1.17	1.17	0.01
Other Intangible Assets	0.44	0.18	0.24	0.27	0.15
Other Long-Term Assets	0.22	0.19	0.18	0.18	0.18
Total Assets	49.56	59.36	26.95	32.61	47.46
Accounts Payable	0.7	1.47	3.76	2.11	2.18
Accrued Expenses	6.57	5.3	6.64	3.55	3.18
Short-Term Debt	-	-	0.42	-	-
Current Portion of Long-Term Debt	14.07	0.4	1.86	0.26	0.36
Current Portion of Leases	1.58	1.37	1.53	1.69	1.54
Current Unearned Revenue	2.91	2.67	1.78	2.67	4.71
Other Current Liabilities	-	0.05	0.05	0.02	-
Total Current Liabilities	25.83	11.25	16.04	10.3	11.97
Long-Term Debt	32.01	63.85	31.17	12.23	1.32
Long-Term Leases	6.97	7.03	7.3	6.99	1.44
Long-Term Unearned Revenue	0.06	0.08	0.01	0.05	-
Other Long-Term Liabilities	1.61	1.63	1.89	0.02	-
Total Liabilities	66.48	83.84	56.41	29.59	14.73
Common Stock	0.02	0.02	0.01	-	2.49
Additional Paid-In Capital	534.53	469.08	381.27	148.85	144.54
Retained Earnings	-540.86	-483.06	-400.35	-325.27	-293.72
Comprehensive Income & Other	-10.6	-10.52	-10.4	-10.44	-10.46
Total Common Equity	-16.92	-24.48	-29.46	-186.86	-157.15
Shareholders' Equity	-16.92	-24.48	-29.46	3.02	32.73
Total Liabilities & Equity	49.56	59.36	26.95	32.61	47.46
Total Debt	54.63	72.65	42.29	21.17	4.66
Net Cash (Debt)	-25.36	-31.34	-35.22	-11.69	16.68
Net Cash Per Share	-0.15	-0.23	-0.29	-3.69	-
Filing Date Shares Outstanding	224.01	161.68	127.17	3.17	127.16
Total Common Shares Outstanding	207.96	161.12	113.34	3.17	127.16
Working Capital	9.25	35.8	-2.12	8.86	29.31
Book Value Per Share	-0.08	-0.15	-0.26	-59.00	-
Tangible Book Value	-17.35	-24.66	-29.71	-187.13	-157.3
Tangible Book Value Per Share	-0.08	-0.15	-0.26	-59.09	-
Machinery	25.57	24.64	24.24	23.69	21.69
Construction In Progress	0.68	0.89	0.09	0.29	0.5
Leasehold Improvements	1.89	1.08	1.08	1.07	1.07

Source: S&P Capital IQ. Standard template. Financial Sources.