Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the
“Company”), a pioneer in full-stack quantum-classical computing,
today announced its financial results for the fourth quarter and
year ended December 31, 2022.
Fourth Quarter of 2022
- Total revenues for the three months ended December 31, 2022
were $6.1 million, compared to $1.8 million in the same period of
2021.
- Total operating expenses for the three months ended December
31, 2022 were $32.0 million, compared to $12.2 million in the same
period of 2021.
- Operating loss for the three months ended December 31, 2022 was
$26.7 million, compared to $11.1 million in the same period of
2021.
- Net loss for the three months ended December 31, 2022 was $22.9
million or $0.19 per share, compared to $14.1 million or $0.61 per
share in the same period of 2021.
- As of December 31, 2022, cash, cash
equivalents and available-for-sale securities totaled $142.8
million.
Year-End 2022 Results
- For the 12 months ending December 31, 2022, total revenues were
$13.1 million, and net loss was $71.5 million or $0.70 per
share.
- For the 11 months ending December 31, 2021, total revenues were
$8.2 million, and net loss was $38.2 million or $1.64 per
share.1
- Total capital expenditures for 2022
were $22.7 million.
Executive Leadership Developments
- Subodh Kulkarni, President and CEO, appointed December
2022
- Jeff Bertelsen, Chief Financial Officer, appointed February
2023
- David Rivas, Chief Technology
Officer, promoted February 2023
“We have strengthened our executive and operational management
team and have implemented steps designed to improve our focus and
operating efficiency,” said Dr. Subodh Kulkarni, Rigetti Chief
Executive Officer. “This included reducing our workforce in order
to focus the organization and our resources on nearer-term
strategic priorities and preserve available cash resources.
“Our next generation 84 qubit chip known as the Ankaa-1, with
its new architecture of square lattice and tunable couplers, was
internally deployed for testing this month. This chip is a leap
forward in architectural design and is already showing superior
performance compared with our prior generation 80 qubit Aspen M3
system based on our internal analysis. We are using the
Ankaa-1 internally within Rigetti and initial performance is
demonstrating improved median 2-qubit fidelity and faster gate
speeds compared with the Aspen M3. We currently anticipate
launching availability of Ankaa-1 to select customers in mid-2023
as we continue to work to improve Ankaa-1 performance with the goal
of reaching median 2-qubit fidelity of 98% to support the
anticipated Ankaa-2 84-qubit system. Ankaa-2 84-qubit system, with
anticipated improved design and further improvement in performance
is expected to be deployed and made available for external
customers in the fourth quarter of 2023, following which we plan to
continue work on the Ankaa-2 to reach 2-qubit fidelity of 99%.
“In the event we reach 2-qubit fidelity of 99%, which we expect
to reach in 2024, we plan to move to tiling 4 Ankaa chips to
develop the anticipated 336 qubit Lyra system. We expect that if
this milestone is achieved, it will enable vastly greater scale and
serve as a key and exciting step to bring Rigetti closer to quantum
advantage,” said Kulkarni.
Outlook
“At our current stage of development, we believe
that executing toward our roadmap and achieving our technology
milestones are key to fueling our goal of achieving quantum
advantage. We believe Rigetti has enormous potential and could be
able to contribute tremendous value as quantum computing
potentially becomes mainstream by 2030. We remain focused on
meeting our objectives,” said Dr. Kulkarni.
Based on its current operating plan, Rigetti expects to have
cash, cash equivalents, and available-for-sale securities of
between $65-$75 million at the end of 2023. At this time, based on
its current operating plan, Rigetti anticipates that it will need
to raise additional funding by late 2024 or early 2025 to continue
its research and development efforts and achieve its business
objectives.
Conference Call and Webcast
Rigetti will host a conference call later today at 5:00 p.m. ET,
or 2:00 p.m. PT, to discuss its fourth quarter and year end 2022
financial results.
You can listen to a live audio webcast of the conference call at
https://edge.media-server.com/mmc/p/253j86pe or the "Events &
Presentations" section of the Company's Investor Relations website
at https://investors.rigetti.com/. A replay of the conference
call will be available at the same locations following the
conclusion of the call for one year.
To participate in the live call, you must register using the
following link:
https://register.vevent.com/register/BIad8e205fd89b44f08963dfd7de0ac595.
Once registered, you will receive dial-in numbers and a unique PIN
number. When you dial in, you will input your PIN and be routed
into the call. If you register and forget your PIN, or lose the
registration confirmation email, simply re-register to receive a
new PIN.
About Rigetti
Rigetti is a pioneer in full-stack quantum computing. The
Company has operated quantum computers over the cloud since 2017
and serves global enterprise, government, and research clients
through its Rigetti Quantum Cloud Services platform. The Company’s
proprietary quantum-classical infrastructure provides high
performance integration with public and private clouds for
practical quantum computing. Rigetti has developed the industry’s
first multi-chip quantum processor for scalable quantum computing
systems. The Company designs and manufactures its chips in-house at
Fab-1, the industry’s first dedicated and integrated quantum device
manufacturing facility. Learn more at www.rigetti.com.
Cautionary Language Concerning Forward-Looking
Statements
This press release includes “forward-looking statements” within
the meaning of the federal securities laws relating to the updated
business plan, including with respect to its objectives and its
technology roadmap, including its ability to achieve milestones
including developing the Ankaa 84-qubit system to enable better
performance than the Company’s current 80-qubit Aspen-M system and
achieve target gate fidelities, including at least median 2-qubit
fidelity of 98% on Ankaa-1 and at least 99% median 2-qubit gate
fidelity on the anticipated Ankaa-2 on the anticipated timing or at
all; the Company’s expectations with respect to the timing of next
generation systems; the Company’s ability to scale to develop the
Lyra 336-qubit system and develop practical applications on the
anticipated timing or at all; the Company’s expectations with
respect to the anticipated stages of quantum technology maturation,
including its ability to develop a quantum computer that is able to
solve a practical, operationally relevant problem significantly
better, faster, or cheaper than a current classical solution and
achieve narrow quantum advantage on the anticipated timing or at
all; the Company's expectations with respect to the reduction in
force, including anticipated benefits including anticipated
reduction of operating expenses, anticipated preservation of
available cash resources and anticipated expenses and charges
associated with the reduction in force, as well as the expectation
that the reduction in force will put the Company in a better
position to deliver on the promise of quantum computing;
expectations regarding cash, cash equivalents and
available-for-sale securities at December 31, 2023 and the time by
which the Company expects it will need to raise additional funding,
including expectations with respect to capital expenditures;
expectations with respect to management transitions; expectations
with respect to the potential of the Company, including the
potential for the Company to contribute tremendous value; and the
potential of quantum computing to become mainstream and the timing
thereof. These forward-looking statements are based upon estimates
and assumptions that, while considered reasonable by the Company
and its management, are inherently uncertain. Factors that may
cause actual results to differ materially from current expectations
include, but are not limited to: the Company’s ability to achieve
milestones, technological advancements, including with respect to
its technology roadmap, help unlock quantum computing, and develop
practical applications; the ability of the Company to obtain
government contractors successfully and in a timely manner; the
potential of quantum computing; the ability of the Company to
obtain government contracts and the availability of government
funding; the ability of the Company to expand its QCaaS business;
the success of the Company’s partnerships and collaborations; the
Company’s ability to accelerate its development of multiple
generations of quantum processors; the outcome of any legal
proceedings that may be instituted against the Company or others;
the ability to meet stock exchange listing standards; the ability
to recognize the anticipated benefits of the business combination,
which may be affected by, among other things, competition, the
ability of the Company to grow and manage growth profitably,
maintain relationships with customers and suppliers and attract and
retain management and key employees; costs related to operating as
a public company; changes in applicable laws or regulations; the
possibility that the Company may be adversely affected by other
economic, business, or competitive factors; the Company’s estimates
of expenses and profitability; the evolution of the markets in
which the Company competes; the ability of the Company to
execute on its technology roadmap; the ability of the Company to
implement its strategic initiatives, expansion plans and continue
to innovate its existing services; the impact of the COVID-19
pandemic on the Company’s business; the expected use of proceeds
from the Company’s past and future financings or other capital; the
sufficiency of the Company’s cash resources; unfavorable conditions
in the Company’s industry, the global economy or global supply
chain, including financial and credit market fluctuations and
uncertainty, rising inflation and interest rates, disruptions in
banking systems, increased costs, international trade relations,
political turmoil, natural catastrophes, warfare (such as the
ongoing military conflict between Russia and Ukraine and related
sanctions against Russia), and terrorist attacks; and other risks
and uncertainties set forth in the section entitled “Risk Factors”
and “Cautionary Note Regarding Forward-Looking Statements” in the
Company’s Quarterly Report on Form 10-Q for the three months ended
September 30, 2022, the Company’s future filings with the SEC,
including its Annual Report on Form 10-K for the year ended
December 31, 2022 and other documents filed by the Company from
time to time with the SEC. These filings identify and address other
important risks and uncertainties that could cause actual events
and results to differ materially from those contained in the
forward-looking statements. Forward-looking statements speak only
as of the date they are made. Readers are cautioned not to put
undue reliance on forward-looking statements, and the Company
assumes no obligation and does not intend to update or revise these
forward-looking statements other than as required by applicable
law. The Company does not give any assurance that it will achieve
its expectations.
ContactsRigetti Computing Investor
Contact:IR@Rigetti.com
Rigetti Computing Media Contact:press@rigetti.com
1 In October 2021, the Company changed its fiscal year-end from
January 31 to December 31, effective December 31, 2021.
RIGETTI COMPUTING, INC. |
|
|
|
|
CONSOLIDATED BALANCE SHEETS |
|
|
|
|
|
|
|
|
(In thousands, except for share and per share
amounts) |
Unaudited |
|
|
|
December 31, |
December 31, |
|
|
|
|
2022 |
|
|
2021 |
|
|
Assets |
|
|
|
|
Current assets: |
|
|
|
Cash and cash equivalents |
|
$ |
57,888 |
|
$ |
11,729 |
|
|
Available-for-sale investments |
|
|
84,923 |
|
|
- |
|
|
Accounts receivable |
|
|
6,235 |
|
|
1,543 |
|
|
Prepaid expenses and other current assets |
|
|
2,450 |
|
|
1,351 |
|
|
Forward contract - assets |
|
|
2,229 |
|
|
- |
|
|
Deferred offering costs |
|
|
742 |
|
|
3,449 |
|
|
Total current assets |
|
154,467 |
|
|
18,072 |
|
|
Property and equipment, net |
|
39,530 |
|
|
22,497 |
|
|
Operating lease right-of-use assets, net |
|
9,316 |
|
|
- |
|
|
Restricted cash |
|
- |
|
|
317 |
|
|
Other assets |
|
129 |
|
|
165 |
|
|
Goodwill |
|
|
- |
|
|
5,377 |
|
|
Total assets |
$ |
203,442 |
|
$ |
46,428 |
|
|
|
|
|
|
|
Liabilities, redeemable convertible preferred stock and
stockholders' equity (deficit) |
|
|
|
Current liabilities: |
|
|
|
Accounts payable |
|
$ |
1,938 |
|
$ |
1,971 |
|
|
Accrued expenses and other current liabilities |
|
|
8,205 |
|
|
3,806 |
|
|
Deferred revenue |
|
|
961 |
|
|
985 |
|
|
Debt - current portion |
|
|
8,303 |
|
|
575 |
|
|
Operating lease liabilities - current |
|
|
2,345 |
|
|
- |
|
|
Forward contract - liabilities |
|
|
- |
|
|
230 |
|
|
Total current liabilities |
|
21,752 |
|
|
7,567 |
|
|
Debt - net of current portion |
|
20,635 |
|
|
24,216 |
|
|
Operating lease liabilities - noncurrent |
|
7,858 |
|
|
- |
|
|
Derivative warrant liabilities |
|
1,767 |
|
|
4,355 |
|
|
Earn-out liabilities |
|
1,206 |
|
|
- |
|
|
Other liabilities |
|
- |
|
|
295 |
|
|
Total liabilities |
|
53,218 |
|
|
36,433 |
|
|
Redeemable convertible preferred stock*, par value $0.0001 per
share; 0 shares and 80,974,757 shares authorized at December 31,
2022 and December 31, 2021, respectively; 0 shares and 77,696,679
shares issued and outstanding at December 31, 2022 and December 31,
2021, respectively |
|
- |
|
|
81,523 |
|
|
Stockholders' equity (deficit): |
|
|
|
Preferred Stock, par value $0.0001 per share; 10,000,000 shares and
0 shares authorized at December 31, 2022 and December 31, 2021,
respectively; 0 shares and 0 shares issued and outstanding at
December 31, 2022 and December 31, 2021, respectively |
|
- |
|
|
- |
|
|
Common stock*, par value $0.0001 per share; 1,000,000,000 shares
and 134,050,472 shares authorized at December 31, 2022 and December
31, 2021, respectively; 125,257,233 shares and 18,221,069 shares
issued and outstanding at December 31, 2022 and December 31, 2021,
respectively |
|
12 |
|
|
2 |
|
|
Additional paid-in capital |
|
|
429,025 |
|
|
135,549 |
|
|
Accumulated other comprehensive gain (loss) |
|
|
(161 |
) |
|
52 |
|
|
Accumulated deficit |
|
|
(278,652 |
) |
|
(207,131 |
) |
|
Total stockholders' equity (deficit) |
|
150,224 |
|
|
(71,528 |
) |
|
Total liabilities, redeemable convertible preferred stock
and stockholders' equity (deficit) |
|
203,442 |
|
|
46,428 |
|
|
|
|
|
*Shares of legacy Redeemable Convertible Series C Preferred Stock,
Redeemable Convertible Series C-1 Preferred Stock, legacy Class A
common stock, and legacy Class B common stock have been
retroactively restated to give effect to the Business
Combination. |
|
|
|
|
|
|
|
RIGETTI COMPUTING, INC. |
|
|
|
|
|
|
CONSOLIDATED STATEMENTS OF OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
(In thousands, except for share and per share
amounts) |
|
|
|
|
|
|
|
Unaudited |
|
|
|
Three Months Ended |
Year Ended |
11 Months Ended |
|
|
|
December 31, |
December 31, |
December 31, |
|
|
|
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
|
Revenue |
$ |
6,060 |
|
$ |
1,815 |
|
$ |
13,102 |
|
$ |
8,196 |
|
|
Cost of revenue |
|
810 |
|
|
687 |
|
|
2,873 |
|
|
1,623 |
|
|
Total gross profit |
|
|
5,250 |
|
|
1,128 |
|
|
10,229 |
|
|
6,573 |
|
|
|
|
|
|
|
|
|
Operating expenses: |
|
|
|
|
|
Research and development |
|
|
15,912 |
|
|
6,883 |
|
|
59,952 |
|
|
26,928 |
|
|
Sales and marketing |
|
|
1,426 |
|
|
819 |
|
|
6,348 |
|
|
2,475 |
|
|
General and administrative |
|
|
9,261 |
|
|
4,486 |
|
|
47,632 |
|
|
11,299 |
|
|
Goodwill impairment |
|
|
5,377 |
|
|
- |
|
|
5,377 |
|
|
- |
|
|
Total operating expenses |
|
|
31,976 |
|
|
12,188 |
|
|
119,309 |
|
|
40,702 |
|
|
Loss from operations |
|
(26,726 |
) |
|
(11,060 |
) |
|
(109,080 |
) |
|
(34,129 |
) |
|
Other income (expense), net: |
|
|
|
|
|
Interest expense |
|
|
(1,475 |
) |
|
(1,388 |
) |
|
(5,286 |
) |
|
(2,465 |
) |
|
Interest income |
|
|
1,261 |
|
|
2 |
|
|
2,433 |
|
|
10 |
|
|
Change in fair value of derivative warrant liabilities |
|
|
2,279 |
|
|
(1,664 |
) |
|
22,132 |
|
|
(1,664 |
) |
|
Change in fair value of earn-out liability |
|
|
1,789 |
|
|
- |
|
|
19,207 |
|
|
- |
|
|
Transaction costs |
|
|
- |
|
|
- |
|
|
(927 |
) |
|
- |
|
|
Other income |
|
|
- |
|
|
- |
|
|
- |
|
|
7 |
|
|
Total other income (expense), net |
|
|
3,854 |
|
|
(3,050 |
) |
|
37,559 |
|
|
(4,112 |
) |
|
Net loss before provision for income taxes |
|
(22,872 |
) |
|
(14,110 |
) |
|
(71,521 |
) |
|
(38,241 |
) |
|
Provision for income taxes |
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
Net loss |
$ |
(22,872 |
) |
$ |
(14,110 |
) |
$ |
(71,521 |
) |
$ |
(38,241 |
) |
|
Net loss per
share attribute to common stockholders - basic and diluted |
|
$ |
(0.19 |
) |
$ |
(0.61 |
) |
$ |
(0.70 |
) |
$ |
(1.64 |
) |
|
Weighted average shares used in computing net loss per share
attributable to common stockholders – basic and diluted* |
|
121,888,962 |
|
|
22,946,735 |
|
|
102,300,852 |
|
|
23,337,127 |
|
|
|
|
|
|
|
|
|
*Weighted-average
shares have been retroactively restated to give effect to the
Business Combination. |
|
|
|
|
|
|
|
|
|
RIGETTI COMPUTING, INC. |
|
|
|
|
|
|
|
|
|
|
|
CONSOLIDATED STATEMENTS OF CASH FLOWS |
|
|
|
|
|
|
|
|
|
|
|
For the years ended December 31, 2022 and
2021 |
|
|
|
|
|
|
|
|
|
|
|
(In thousands) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited |
|
|
|
|
|
|
|
|
|
|
Year
Ended |
11 Months
Ended |
|
|
|
|
|
|
|
|
|
|
December
31, |
December
31, |
|
|
|
|
|
|
|
|
|
|
|
2022 |
|
|
|
2021 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash
flows from operating activities |
|
|
|
|
|
|
|
|
|
|
|
Net loss |
$ |
(71,521 |
) |
|
$ |
(38,241 |
) |
|
|
|
|
|
|
|
|
|
Adjustments
to reconcile net loss to net cash used in operating
activities: |
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization |
|
7,017 |
|
|
|
4,651 |
|
|
|
|
|
|
|
|
|
|
Stock-based compensation |
|
44,812 |
|
|
|
1,765 |
|
|
|
|
|
|
|
|
|
|
Change in fair value of earnout liability |
|
(19,207 |
) |
|
|
- |
|
|
|
|
|
|
|
|
|
|
Change in fair value of derivative warrant liabilities |
|
(22,132 |
) |
|
|
1,664 |
|
|
|
|
|
|
|
|
|
|
Change in fair value of forward contract |
|
(5,764 |
) |
|
|
230 |
|
|
|
|
|
|
|
|
|
|
Accretion of available-for-sale securities |
|
(949 |
) |
|
|
- |
|
|
|
|
|
|
|
|
|
|
Amortization of debt issuance costs |
|
917 |
|
|
|
513 |
|
|
|
|
|
|
|
|
|
|
Amortization of debt commitment fee asset |
|
266 |
|
|
|
94 |
|
|
|
|
|
|
|
|
|
|
Accretion of debt end of term liabilities |
|
285 |
|
|
|
122 |
|
|
|
|
|
|
|
|
|
|
Non-cash lease expense |
|
537 |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
Goodwill impairment |
|
5,377 |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
Changes in operating assets and liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
Accounts receivable |
|
(4,692 |
) |
|
|
(1,063 |
) |
|
|
|
|
|
|
|
|
|
Prepaid expenses and other current assets |
|
(1,099 |
) |
|
|
(315 |
) |
|
|
|
|
|
|
|
|
|
Other assets |
|
34 |
|
|
|
(35 |
) |
|
|
|
|
|
|
|
|
|
Deferred revenue |
|
(24 |
) |
|
|
493 |
|
|
|
|
|
|
|
|
|
|
Accounts payable |
|
(707 |
) |
|
|
(389 |
) |
|
|
|
|
|
|
|
|
|
Accrued expenses and other current liabilities |
|
4,456 |
|
|
|
1,554 |
|
|
|
|
|
|
|
|
|
|
Other liabilities |
|
(295 |
) |
|
|
(87 |
) |
|
|
|
|
|
|
|
|
|
Net
cash used in operating activities |
|
(62,689 |
) |
|
|
(29,044 |
) |
|
|
|
|
|
|
|
|
|
Cash
flows from investing activities |
|
|
|
|
|
|
|
|
|
|
|
|
Purchases of
property and equipment |
|
(22,737 |
) |
|
|
(7,008 |
) |
|
|
|
|
|
|
|
|
|
Purchases of
available-for-sale securities |
|
(84,287 |
) |
|
|
- |
|
|
|
|
|
|
|
|
|
|
Net
cash used in investing activities |
|
(107,024 |
) |
|
|
(7,008 |
) |
|
|
|
|
|
|
|
|
|
Cash
flows from financing activities |
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds
from Business Combination, net of transaction costs paid |
|
225,604 |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
Transaction
costs paid directly by Rigetti |
|
(18,842 |
) |
|
|
- |
|
|
|
|
|
|
|
|
|
|
Proceeds
from issuance of notes payable |
|
5,000 |
|
|
|
27,000 |
|
|
|
|
|
|
|
|
|
|
Payments on
principal of notes payable |
|
(1,291 |
) |
|
|
- |
|
|
|
|
|
|
|
|
|
|
Payments on
debt issuance costs |
|
(85 |
) |
|
|
(247 |
) |
|
|
|
|
|
|
|
|
|
Payment on
loan and security agreement exit fees |
|
(1,000 |
) |
|
|
- |
|
|
|
|
|
|
|
|
|
|
Payments on
deferred offering costs |
|
- |
|
|
|
(1,548 |
) |
|
|
|
|
|
|
|
|
|
Proceeds
from issuance of common stock upon exercise of stock options and
warrants |
|
6,068 |
|
|
|
378 |
|
|
|
|
|
|
|
|
|
|
Net
cash provided by financing activities |
|
215,454 |
|
|
|
25,583 |
|
|
|
|
|
|
|
|
|
|
Effect of changes in exchange rate on cash and restricted
cash |
|
101 |
|
|
|
(5 |
) |
|
|
|
|
|
|
|
|
|
Net
increase (decrease) in cash, cash equivalents, and restricted
cash |
|
45,842 |
|
|
|
(10,474 |
) |
|
|
|
|
|
|
|
|
|
Cash, cash equivalents, and restricted cash at beginning of
period |
|
12,046 |
|
|
|
22,520 |
|
|
|
|
|
|
|
|
|
|
Cash, cash equivalents, and restricted cash at end of
period |
$ |
57,888 |
|
|
$ |
12,046 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Supplemental disclosure of cash flow
information: |
|
|
|
|
|
|
|
|
|
|
|
|
Cash paid
for interest |
$ |
3,819 |
|
|
$ |
1,489 |
|
|
|
|
|
|
|
|
|
|
Supplemental disclosure of non-cash financing
activity: |
|
|
|
|
|
|
|
|
|
|
|
|
Fair value
of earn-out liability |
$ |
20,413 |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
Deferred
offering costs in accounts payable and accrued expenses |
$ |
- |
|
|
$ |
1,900 |
|
|
|
|
|
|
|
|
|
|
Fair value
of loan and security agreement warrant liability |
$ |
- |
|
|
$ |
2,691 |
|
|
|
|
|
|
|
|
|
|
Fair value
of private placement and public warrants liability |
$ |
22,932 |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
Reclassification of loan and security agreement warrants to
equity |
$ |
6,370 |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
Settlement
of the first tranche of forward contract |
$ |
3,305 |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
Capitalization of deferred costs to equity upon share issuance |
$ |
1,520 |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
Purchases of
property and equipment recorded in accounts payable |
$ |
673 |
|
|
$ |
- |
|
|
|
|
|
|
|
|
Purchases of
property and equipment recorded in accrued expense |
$ |
639 |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
Unrealized
loss short term investments |
$ |
314 |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
Right-of-use
assets recorded on adoption of ASU 2016-02 |
$ |
6,270 |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
Operating
lease liabilities recorded on adoption of ASU 2016-02 |
$ |
6,620 |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
Lease
liabilities arising from obtaining right-of-use assets |
$ |
4,892 |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rigetti Computing (NASDAQ:RGTIW)
Graphique Historique de l'Action
De Août 2024 à Sept 2024
Rigetti Computing (NASDAQ:RGTIW)
Graphique Historique de l'Action
De Sept 2023 à Sept 2024