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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows from Operating Activities:    
Net loss $ (10,470) $ (7,787)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,390 1,144
Stock-based compensation 11,481 597
Change in fair value of earnout liability (9,634) 0
Change in fair value of derivative warrant liabilities (5,822) 0
Change in fair value of forward contract—liabilities (2,970)  
Amortization of debt issuance costs 236  
Accretion of debt end of term liabilities 46  
Amortization of exit fee asset 47  
Changes in operating assets and liabilities:    
Accounts receivable 282 191
Prepaid expenses and other current assets (3,054) 155
Other assets (918) (1)
Deferred revenue (466) (585)
Accounts payable 1,482 259
Accrued expenses and other current liabilities 2,606 334
Other liabilities 43 (102)
Net cash used in operating activities (15,721) (5,795)
Cash Flows from Investing Activities:    
Purchases of property and equipment (2,836) (1,488)
Net cash used in investing activities (2,836) (1,488)
Cash flows from financing activities    
Proceeds from Business Combination, net of transaction costs paid 225,604  
Transaction costs paid directly by Rigetti (16,731)  
Proceeds from issuance of debt and warrants 5,000 12,000
Payments on debt issuance costs (30)  
Payment on loan and security agreement exit fees (1,000)  
Proceeds from issuance of common stock upon exercise of stock options and warrants 602 26
Net cash provided by financing activities 213,445 12,026
Effect of changes in exchange rate on cash and restricted cash 9 42
Net increase in cash and restricted cash 194,897 4,785
Cash and restricted cash at beginning of period 12,046 24,394
Cash and restricted cash at end of period 206,943 29,179
Supplemental disclosure of cash flow information:    
Cash paid for interest 878 $ 81
Supplemental disclosure of non-cash financing activity:    
Fair value of loan and security agreement warrant liability 2,691  
Fair value of earn-out liability 26,583  
Fair value of private placement warrants liability $ 22,487