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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.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash and cashequivalents$836,231K Prepaid expenses andother current assets$7,150K (192.19%↑ Y/Y)Inventories$2,831K (48.77%↑ Y/Y)Trade accountsreceivable, net of allowance...$1,927K (32.35%↑ Y/Y)Total current assets$848,139K (2317.73%↑ Y/Y)Operating leaseright-of-use assets$6,716K (-12.12%↓ Y/Y)Property and equipment,net$5,608K (64.26%↑ Y/Y)Other non-currentassets, net$4,554K (52.36%↑ Y/Y)Intangible assets, net$803K (84.17%↑ Y/Y)Total assets$865,820K (1646.98%↑ Y/Y)Total liabilities andstockholders equity$865,820K (1646.98%↑ Y/Y)Total stockholders'equity$670,554K (4064.26%↑ Y/Y)Total liabilities$195,266K (193.74%↑ Y/Y)Accumulated deficit-$939,676K (-73.74%↓ Y/Y)Accumulated othercomprehensive loss-$9,126K (13.90%↑ Y/Y)Additional paid-in capital$1,619,322K (202.94%↑ Y/Y)Warrant liabilities$140,970K (8650.47%↑ Y/Y)Loans payable, net,non-current$32,054K (0.13%↑ Y/Y)Total currentliabilities$15,512K (-39.94%↓ Y/Y)Operating leaseliabilities, net of current...$6,101K (-12.42%↓ Y/Y)Deferred revenue,non-current$629K (1003.51%↑ Y/Y)Common stock, par value0.0001 per share...$34K (70.00%↑ Y/Y)Accrued expenses andother current...$9,496K (44.47%↑ Y/Y)Deferred revenue,current$3,389K (16.46%↑ Y/Y)Current portion ofoperating lease...$1,491K (-5.63%↓ Y/Y)Trade accountspayable$992K (42.53%↑ Y/Y)Loans payable, net,current$144K (-98.98%↓ Y/Y)

D-Wave Quantum Inc. (QBTS-WT)

D-Wave Quantum Inc. (QBTS-WT)