Rigetti Computing, Inc. (RGTI)

Rigetti Computing Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Jan 31, 2021	Jan 31, 2020
Cash & Equivalents	20.29	21.39	57.89	11.73	22.2	0.31
Short-Term Investments	72.29	78.54	84.92	-	-	-
Cash & Short-Term Investments	92.58	99.93	142.81	11.73	22.2	0.31
Cash Growth	-16.01%	-30.03%	1117.59%	-47.17%	7092.06%	-
Receivables	6.38	5.03	6.24	1.54	0.48	0.19
Prepaid Expenses	4.9	2.71	2.45	1.35	1.04	1.13
Other Current Assets	-	-	2.97	3.45	-	-
Total Current Assets	103.87	107.67	154.47	18.07	23.72	1.62
Property, Plant & Equipment	53.21	52.12	48.85	22.5	20.14	20.04
Goodwill	-	-	-	5.38	5.38	5.38
Other Long-Term Assets	0.18	0.13	0.13	0.48	0.45	0.44
Total Assets	157.25	159.91	203.44	46.43	49.68	27.49
Accounts Payable	1.6	5.77	1.94	1.97	1.11	3.1
Accrued Expenses	5.58	6.48	6.12	3.16	1.6	1.07
Short-Term Debt	-	-	-	-	-	26.89
Current Portion of Long-Term Debt	11.25	12.16	8.3	0.58	-	-
Current Portion of Leases	2.14	2.21	2.35	-	-	-
Current Unearned Revenue	0.89	0.34	0.96	0.99	0.49	1.85
Other Current Liabilities	-	2.08	2.09	0.88	-	1.88
Total Current Liabilities	21.46	29.05	21.75	7.57	3.2	34.8
Long-Term Debt	2.06	9.89	20.64	24.22	-	-
Long-Term Leases	7.04	6.3	7.86	-	-	-
Long-Term Unearned Revenue	-	-	-	-	-	0.3
Other Long-Term Liabilities	3.85	5.08	2.97	4.65	0.38	-
Total Liabilities	34.41	50.33	53.22	36.43	3.58	35.1
Common Stock	0.02	0.01	0.01	0	0	0
Additional Paid-In Capital	524.35	463.09	429.03	135.55	133.41	14.36
Retained Earnings	-401.79	-353.76	-278.65	-207.13	-168.89	-142.76
Comprehensive Income & Other	0.25	0.24	-0.16	0.05	0.06	-0.02
Total Common Equity	122.84	109.59	150.22	-71.53	-35.43	-128.41
Shareholders' Equity	122.84	109.59	150.22	10	46.1	-7.62
Total Liabilities & Equity	157.25	159.91	203.44	46.43	49.68	27.49
Total Debt	22.49	30.57	39.14	24.79	-	26.89
Net Cash (Debt)	70.09	69.36	103.67	-13.06	22.2	-26.58
Net Cash Growth	-8.59%	-33.09%	-	-	-	-
Net Cash Per Share	0.43	0.53	1.01	-0.56	1.07	-3.55
Filing Date Shares Outstanding	192.3	158.88	128.75	113.81	21.07	7.5
Total Common Shares Outstanding	191.96	147.07	125.26	113.81	21.07	7.5
Working Capital	82.41	78.62	132.72	10.51	20.51	-33.18
Book Value Per Share	0.64	0.75	1.20	-0.63	-1.68	-17.13
Tangible Book Value	122.84	109.59	150.22	-76.91	-40.8	-133.79
Tangible Book Value Per Share	0.64	0.75	1.20	-0.68	-1.94	-17.85
Machinery	-	69.41	57.83	37.03	30.24	26.86
Leasehold Improvements	-	8.37	7.56	4.3	4.08	3.06

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