QuantumWire

D-Wave Quantum announced yesterday its second quarter and first half financial results ending June 30, 2024. Second quarter revenue was $2.2 million, bookings were $2.7 million, GAAP gross profit was $1.4 million, GAAP operating expenses were $20.2 million, and net loss was $17.8 million. Revenue for the first half of fiscal year was $4.6 million, bookings were $7.2 million, GAAP gross profit was $3 million, GAAP operating expenses were $39.4 million, and net loss was $35.1 million.