Net loss per share (Tables)

9 Months Ended

Sep. 30, 2023

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, 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)

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,
	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 Shares1	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.