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