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Revenue from contracts with customers
 6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
Revenue from contracts with customers  
3.
Revenue from contracts with customers
Disaggregation of revenue
The following table depicts the disaggregation of revenue by type of products or services and timing of transfer of products or services (in thousands):

    
Years ended
December 31,
  
    
2021
     
2020
  
Type of products or services
                  
QCaaS
    $ 4,424      $ 4,313  
Professional services
      1,786        426  
Other revenue
      69        421  
    
 
 
     
 
 
  
Total revenue, net
    $ 6,279      $ 5,160  
    
 
 
     
 
 
  
Timing of revenue recognition
                  
Revenue recognized over time
    $ 6,090      $ 4,688  
Revenue recognized at a point in time
      189        472  
    
 
 
     
 
 
  
Total revenue, net
    $ 6,279      $ 5,160  
    
 
 
     
 
 
  
Other revenue includes printed circuit board sales.
Revenue by geographical markets is presented in Note 16 -
Geographic areas.
Contract balances
The following table provides information about account receivable, contract assets and liabilities as of December 31, 2021, and 2020 (in thousands):
 
    
December 31,
  
    
2021
     
2020
  
Contract assets:
                  
Trade account receivable, net
    $ 421      $ 590  
Unbilled receivables, which are included in ‘Prepaid expenses and other current assets’
      17        10  
    
 
 
     
 
 
  
Total contract assets
      438        600  
    
 
 
     
 
 
  
Contract liabilities:
                  
Deferred revenue, current
      2,665        4,713  
Deferred revenue, noncurrent
      54        —    
Customer deposit, which are included in ‘Accrued expenses and other current liabilities’
      21        —    
    
 
 
     
 
 
  
Total contract liabilities
      2,740        4,713  
    
 
 
     
 
 
  
Changes in deferred revenue from contracts with customers were as follows (in thousands):
 
    
Years ended
December 31,
  
    
2021
     
2020
  
Balance at beginning of period
    $ 4,713      $ 4,921  
Deferral of revenue
      4,092        4,513  
Recognition of deferred revenue
      (6,086 )       (4,721 ) 
    
 
 
     
 
 
  
Balance at the end of period
    $ 2,719      $ 4,713  
    
 
 
     
 
 
  
Remaining performance obligations
A significant number of the Company’s product and service sales are short-term in nature with a contract term of one year or less. For those contracts, the Company has utilized the practical expedient
in ASC 606-10-50-14 exempting
the Company from disclosure of the transaction price allocated to remaining performance obligations if the performance obligation is part of a contract that has an original expected duration of one year or less.
As of December 31, 2021, the aggregate amount of remaining performance obligations that were unsatisfied or partially unsatisfied related to customer contracts was $2.7 million. This amount included deferred revenue on the Company’s consolidated balance sheets, of which approximately 98% is expected to be recognized to revenue in the next 12 months.
As of December 31, 2020, the aggregate amount of remaining performance obligations that are unsatisfied or partially unsatisfied related to customer contracts was $4.7 million which included deferred revenue on the Company’s consolidated balance sheets, of which approximately 100% was expected to be recognized to revenue in the next 12 months.

DWave System [Member]    
Revenue from contracts with customers
4.
Revenue from contracts with customers
Disaggregation of revenue
The following table depicts the disaggregation of revenue by type of products or services and timing of transfer of products or services (in thousands):
 
    
Three months
ended June 30,
  
    
2022
     
2021
  
Type of products or services
                  
QCaaS
    $ 1,176      $ 961  
Professional services
      156        158  
Other revenue
      39        18  
    
 
 
     
 
 
  
Total revenue, net
    $ 1,371      $ 1,137  
    
 
 
     
 
 
  
Timing of revenue recognition
                  
Revenue recognized over the time
    $ 1,296      $ 1,099  
Revenue recognized at a point in time
      75        38  
    
 
 
     
 
 
  
Total revenue, net
    $ 1,371      $ 1,137  
    
 
 
     
 
 
  
 
  
Six months ended
June 30,
 
 
  
2022
 
  
2021
 
Type of products or services
  
      
  
      
QCaaS
    $ 2,560      $ 2,083  
Professional services
      464        429  
Other revenue
      59        34  
    
 
 
     
 
 
  
Total revenue, net
    $ 3,083      $ 2,546  
    
 
 
     
 
 
  
Timing of revenue recognition
                  
Revenue recognized over the time
    $ 2,957      $ 2,484  
Revenue recognized at a point in time
      126        62  
    
 
 
     
 
 
  
Total revenue, net
    $ 3,083      $ 2,546  
    
 
 
     
 
 
  
Other revenue includes printed circuit board sales.
Revenue by geographical markets is presented in Note 11—
Geographic areas.
Contract balances
The following table provides information about account receivable, contract assets and liabilities as of June 30, 2022 and December 31, 2021 (in thousands):
 
 
  
June 30,
 
  
December 31,
 
 
  
2022
 
  
2021
 
Contract assets:
  
      
  
      
Trade account receivable
    $ 918      $ 421  
Unbilled receivables, which are included in ‘Prepaid expenses and other current assets’
      41        17  
    
 
 
     
 
 
  
Total contract assets
      959        438  
    
 
 
     
 
 
  
Contract liabilities:
                  
Deferred revenue, current
      2,595        2,665  
Deferred revenue, noncurrent
      20        54  
Customer deposit, which are included in ‘Accrued expenses and other current liabilities’
      21        21  
    
 
 
     
 
 
  
Total contract liabilities
   
$
 2,636     
$
 2,740  
    
 
 
     
 
 
  
Changes in deferred revenue from contracts with customers were as follows (in thousands):
 
 
  
June 30,
 
  
December 31,
 
 
  
2022
 
  
2021
 
Balance at beginning of period
    $ 2,719      $ 4,713  
Deferral of revenue
      2,906        4,092  
Recognition of deferred revenue
      (3,010 )       (6,086 ) 
    
 
 
     
 
 
  
Balance at end of period
    $ 2,615      $ 2,719  
    
 
 
     
 
 
  
Remaining performance obligations
A significant number of the Company’s product and service sales are short-term in nature with a contract term of one year or less. For those contracts, the Company has utilized the practical expedient in ASC
606-10-50-14 exempting
the Company from disclosure of the transaction price allocated to remaining performance obligations if the performance obligation is part of a contract that has an original expected duration of one year or less.
As of June 30, 2022, the aggregate amount of remaining performance obligations that were unsatisfied or partially unsatisfied related to customer contracts was $2.6 million. This amount included deferred revenue on the Company’s consolidated balance sheets, of which approximately 99% is expected to be recognized to revenue in the next 12 months.
As of December 31, 2021, the aggregate amount of remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied was
$2.7 million which included deferred revenue on the Company’s consolidated balance sheets, of which approximately 98% was expected to be recognized to revenue in the next 12 months.