XML 29 R19.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Net loss per share | 9 Months Ended
--- | ---
Sep. 30, 2023
Earnings Per Share [Abstract] |
Net loss per share | 13. Net Loss per Share As a result of the Merger (see Note 4), for the three months ended September 30, 2022, the Company has retroactively adjusted the weighted average shares outstanding prior to August 5, 2022 to give effect to the Conversion Ratio used to determine the number of Common Shares into which they were converted. 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, 2023 and 2022 (in thousands, except share and per share data):
| For the three months ended September 30,
| 2023 |  | 2022
| (As Restated) |  | (As Restated)
Numerator: |  |  |
Net loss attributable to common stockholders - basic and diluted | $ | (16,106) |  |  | $ | (11,650) |
Denominator: |  |  |
Weighted-average common stock outstanding | 133,222,318 |  |  | 116,256,805 |
Net loss per share attributable to common stockholders - basic and diluted | $ | (0.12) |  |  | $ | (0.10) |
| For the nine months ended September 30,
| 2023 |  | 2022
| (As Restated) |  | (As Restated)
Numerator: |  |  |
Net loss attributable to common stockholders - basic and diluted | $ | (66,701) |  |  | $ | (35,923) |
Denominator: |  |  |
Weighted-average common stock outstanding | 131,373,959 |  |  | 122,337,727 |
Net loss per share attributable to common stockholders - basic and diluted | $ | (0.51) |  |  | $ | (0.29) |
As of September 30, 2023 and 2022, the Company’s potentially dilutive securities were stock options, the Warrant Shares, and the Public Warrants and Private Warrants. 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:
| As of September 30,
| 2023 |  | 2022
Public Warrants as converted to Common Shares (Note 9) | 14,420,064 |  |  | 14,426,301 |
Private Warrants as converted to Common Shares (Note 9) | 11,633,061 |  |  | 11,633,060 |
D-Wave Systems Warrant Shares as converted to Common Shares (Note 9) | 1,155,713 |  |  | 2,889,282 |
Options to purchase common stock as converted to Common Shares 1 | 9,419,509 |  |  | 13,532,543 |
Options to purchase Common Shares under the 2022 Equity Incentive Plan | 1,061,981 |  |  | 1,500,081 |
Unvested restricted stock unit awards | 10,952,749 |  |  | — |
Total | 48,643,077 |  |  | 43,981,267 |
1 Stock options granted under the 2020 Plan will be converted applying the Conversion Ratio to the underlying common stock at the exercise date.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration