QBTS-WT: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, QBTS-WT has $865,820K in assets. $195,266K in debts. $836,231K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
5467.63%
Quick Ratio
5449.38%
Cash Ratio
5390.87%
Debt to Asset Ratio
22.55%
Unit: Thousand (K) dollars
Assets Breakdown
Cash and cash equivalents
Operating lease right-of-use ass...
Trade accounts receivable, net o...
Intangible assets, net
Liabilities Breakdown
Additional paid-in capital
Accumulated deficit
Warrant liabilities
Others

Balance Sheets	2025-09-30	2025-06-30	2025-03-31	2024-12-31
Cash and cash equivalents	836,231	819,312	304,321	177,980
Trade accounts receivable, net of allowance for credit losses of 1 and 176	1,927	1,442	1,047	1,420
Inventories	2,831	2,448	1,702	1,686
Prepaid expenses and other current assets	7,150	5,338	3,795	3,954
Total current assets	848,139	828,540	310,865	185,040
Property and equipment, net	5,608	4,504	3,999	4,133
Operating lease right-of-use assets	6,716	6,915	7,084	7,261
Intangible assets, net	803	586	531	490
Other non-current assets, net	4,554	3,057	3,121	2,929
Total assets	865,820	843,602	325,600	199,853

Trade accounts payable	992	1,190	1,021	815
Accrued expenses and other current liabilities	9,496	11,582	6,556	8,784
Current portion of operating lease liabilities	1,491	1,596	1,525	1,512
Loans payable, net, current	144	0	348	348
Deferred revenue, current	3,389	4,906	5,549	18,686
Total current liabilities	15,512	19,274	14,999	30,145
Warrant liabilities	140,970	91,037	65,932	69,875
Operating lease liabilities, net of current portion	6,101	6,322	6,213	6,389
Loans payable, net, non-current	32,054	32,061	30,367	30,128
Deferred revenue, non-current	629	654	700	670
Total liabilities	195,266	149,348	118,211	137,207
Common stock, par value 0.0001 per share 675,000,000 shares authorized at both september30, 2025 and december31, 2024 345,971,195 shares and 266,595,867 shares issued and outstanding as of september30, 2025 and december31, 2024, respectively	34	33	29	27
Additional paid-in capital	1,619,322	1,503,136	849,733	700,069
Accumulated deficit	-939,676	-799,690	-632,361	-626,940
Accumulated other comprehensive loss	-9,126	-9,225	-10,012	-10,510
Total stockholders' equity	670,554	694,254	207,389	62,646
Total liabilities and stockholders equity	865,820	843,602	325,600	199,853

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

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Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Time Plot

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Balance Sheets