Earnings per share

6 Months Ended

12 Months Ended

Jun. 30, 2022

Dec. 31, 2021

15.	Earnings per share

The following table sets forth the computation of the basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):


	For the years ended December 31,
	2021			2020
Numerator:
Net Income	$	(31,545	)	$	(10,019	)

Denominator:
Weighted-average shares outstanding, basic and diluted		111,911,127			121,358,989

Net loss per share, basic and diluted	$	(0.28	)	$	(0.08	)

As of December 31, 2021 and 2020, the Company’s potentially dilutive securities were the stock options and warrants to purchase common stock and preferred stock.

Since the Company was in a loss position for all periods presented, basic net loss per share is the same as diluted net loss per share for all periods as the inclusion of all potential common shares outstanding would have been anti-dilutive.

Potentially dilutive securities (upon conversion) that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:


	For the years ended December 31,
	2021		2020
Options to purchase common shares		16,336		12,655
Warrants to purchase common shares		618		618
Warrants for preferred shares		3,248		3,248

D-Wave Systems Inc. [Member]

Earnings per share

10.	Earnings per share

The following table sets forth the computation of the basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):


	For the three month period ended June 30,
	2022			2021
Numerator:

Net loss	$	(13,198	)	$	(4,668	)

Denominator:
Weighted-average common shares outstanding, basic and diluted		112,023,503			111,877,937

Net loss per share, basic and diluted	$	(0.12	)	$	(0.04	)


	For the six month period ended June 30,
	2022			2021
Numerator:

Net loss	$	(24,815	)	$	(13,496	)

Denominator:
Weighted-average common shares outstanding, basic and diluted		111,981,014			111,865,630

Net loss per share, basic and diluted	$	(0.22	)	$	(0.12	)

As of June 30, 2022 and 2021, the Company’s potentially dilutive securities were stock options and the Warrant Shares.

Potentially dilutive securities (upon conversion) that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:


	June 30, 2022		December 31, 2021
Options to purchase common stock		15,311		16,336
Warrants to purchase common stock		—		618
Warrants for Preferred shares		3,248		3,248