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NET LOSS PER SHARE
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
NET LOSS PER SHARE
10. NET LOSS PER SHARE
The following tables set 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, 2025 and 2024 (in thousands, except share and per share data):
Three Months Ended September 30,
20252024
Numerator:
Net loss attributable to common stockholders - basic and diluted$(139,986)$(22,712)
Denominator:
Weighted-average common stock outstanding342,204,831 201,585,533 
Net loss per share attributable to common stockholders - basic and diluted$(0.41)$(0.11)

Nine Months Ended September 30,
20252024
Numerator:
Net loss attributable to common stockholders - basic and diluted$(312,736)$(57,802)
Denominator:
Weighted-average common stock outstanding310,509,005 178,406,948 
Net loss per share attributable to common stockholders - basic and diluted$(1.01)$(0.32)
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:
Nine Months Ended September 30,
20252024
Public Warrants as converted to Common Shares (Note 7)8,401,203 14,420,065 
Private Warrants as converted to Common Shares (Note 7)— 11,633,060 
D-Wave Systems Warrant Preferred Shares as converted to Common Shares (Note 7)1,155,713 1,155,713 
Equipment Financing Agreement Warrant – Common Shares (Note 6)21,563 — 
Stock options issued and outstanding6,070,732 12,876,146 
Unvested restricted stock unit awards10,252,035 10,126,942 
Total25,901,246 50,211,926