D-Wave Quantum Inc. (QBTS) Q3 2024 Earnings Breakdown

Key Highlights:

• D-Wave is facing significant financial challenges, highlighted by substantial doubt regarding its ability to continue as a going concern.
• The company is heavily reliant on equity financing and debt arrangements with related parties.
• While revenue is growing, D-Wave continues to incur significant net losses and negative cash flow from operations.
• There are ongoing efforts to secure additional capital and improve the company's financial position.