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CONDENSED CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' DEFICIT - USD ($)
$ in Thousands
Total
Newly Stated [Member]
[1]
Common Stock
Common Stock
Revision of Prior Period, Adjustment [Member]
Common Stock
Newly Stated [Member]
Additional Paid-In Capital
Additional Paid-In Capital
Revision of Prior Period, Adjustment [Member]
Additional Paid-In Capital
Newly Stated [Member]
[1]
Accumulated Other Comprehensive Gain (Loss)
Accumulated Other Comprehensive Gain (Loss)
Newly Stated [Member]
[1]
Accumulated Deficit
Accumulated Deficit
Newly Stated [Member]
[1]
Preferred Stock [Member]
Redeemable Convertible Preferred Stock [Member]
Preferred Stock [Member]
Redeemable Convertible Preferred Stock [Member]
Revision of Prior Period, Adjustment [Member]
Preferred Stock [Member]
Redeemable Convertible Preferred Stock [Member]
Newly Stated [Member]
[1]
Beginning balance at Dec. 31, 2020 $ (32,256) $ (32,256)   $ 2 $ 2 $ 133,144 $ (2) $ 133,142 $ 5 $ 5 $ (165,405) $ (165,405) $ 81,523   $ 81,523
Beginning balance, shares at Dec. 31, 2020     20,975,317 (4,467,972) 16,507,345 [1]               98,726,505 (21,029,826) 77,696,679
Issuance of common stock upon exercise of legacy Rigetti stock options 26         26                  
Issuance of common stock upon exercise of legacy Rigetti stock options, shares     (118,566)                        
Stock-Based Compensation 597         597                  
Foreign currency translation gain 52               52            
Net loss (7,787)                   (7,787)        
Ending balance at Mar. 31, 2021 (39,368)         133,765     57   (173,192)   $ 81,523    
Ending balance, shares at Mar. 31, 2021     16,625,911                   77,696,679    
Beginning balance at Dec. 31, 2021 (71,528) $ (71,528)   $ 2 $ 2 [1] 135,551 $ (2) $ 135,549 52 $ 52 (207,131) $ (207,131) $ 81,523   $ 81,523
Beginning balance, shares at Dec. 31, 2021     23,153,127 (4,932,058) 18,221,069 [1]               98,726,505 (21,029,826) 77,696,679
Issuance of common stock upon conversion of legacy Series C and Series C-1 preferred stock in connection with the Business Combination 81,523   $ 6     81,517             $ (81,523)    
Issuance of common stock upon conversion of legacy Series C and Series C-1 preferred stock in connection with the Business Combination, shares     57,380,563                   (77,696,679)    
Issuance of common stock upon exercise of legacy Rigetti stock options $ 574         574                  
Issuance of common stock upon exercise of legacy Rigetti stock options, shares 1,123,539   (1,123,539)                        
Issuance of common stock upon exercise of legacy Rigetti common stock warrants $ 28         28                  
Issuance of common stock upon exercise of legacy Rigetti common stock warrants, shares     2,234,408                        
Issuance of common stock through Business Combination and PIPE financing, net of transaction costs and derivative liabilities 153,813   $ 3     153,810                  
Issuance of common stock through Business Combination and PIPE financing, net of transaction costs and derivative liabilities, shares     34,850,706                        
Stock-Based Compensation 11,481         11,481                  
Foreign currency translation gain 9               9            
Net loss (10,470)                   (10,470)        
Ending balance at Mar. 31, 2022 $ 165,430   $ 11     $ 382,959     $ 61   $ (217,601)        
Ending balance, shares at Mar. 31, 2022 113,810,285   113,810,285                        
[1] 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.