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Net loss per share (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2022
Dec. 31, 2021
Computation of basic and diluted net loss per share
The following table sets forth the computation of the basic and diluted net loss per share attributable to common stockholders for the three and nine months ended September 30, 2022 and 2021 (in thousands, except share and per share data):
 
    
For the three months ended
September 30,
 
    
2022
    
2021
 
Numerator:
     
  
 
 
    
 
 
 
Net loss attributable to common stockholders - basic and diluted
   $ (13,053    $ (4,209
  
 
 
    
 
 
 
Denominator:
     
Weighted-average common stock outstanding
     116,256,805        125,362,390  
  
 
 
    
 
 
 
Net loss per share attributable to common stockholders - basic and diluted
   $
(0.11
   $
(0.03
  
 
 
    
 
 
 
 
    
For the nine months ended
September 30,
 
    
2022
    
2021
 
Numerator:
     
  
 
 
    
 
 
 
Net loss attributable to common stockholders - basic and diluted
   $
(37,868
   $ (17,705
  
 
 
    
 
 
 
Denominator:
     
Weighted-average common stock outstanding
     122,337,727        125,331,065  
  
 
 
    
 
 
 
Net loss per share attributable to common stockholders - basic and diluted
   $ (0.31    $ (0.14
  
 
 
    
 
 
 
 
Potentially dilutive securities
Potentially dilutive securities (upon conversion) that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:
 
    
As of September 30,
 
    
2022
    
2021
 
Public Warrants as converted to Common Shares (Note 8)
     14,426,301        —    
Private Warrants as converted to Common Shares (Note 8)
     11,633,060        —    
D-Wave
Systems Warrant Shares as converted to Common Shares (Note 11)
     2,889,282        2,889,282  
Options to purchase common stock as converted to Common Shares
     14,847,108        14,608,809  
  
 
 
    
 
 
 
Total
     43,795,751        17,498,091  
  
 
 
    
 
 
 
 
D-Wave Systems Inc. [Member]    
Computation of basic and diluted net loss 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
    
 
 
    
 
 
 
Potentially dilutive securities  
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