Rigetti Computing Inc

For the period ended Dec 31, 2023. Filed Mar 14, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 14, 2024

RGTI$12.98+10.5%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(in thousands, except share and per share amounts)


	December 31,
· 2023 · 2022
Assets
Current assets:
Cash and cash equivalents		$21,392	$57,888
Available-for-sale investments		78,537	84,923
Accounts receivable		5,029	6,235
Prepaid expenses and other current assets		2,709	2,450
Forward contract—assets		—	2,229
Deferred offering costs		—	742
Total current assets		107,667	154,467
Property and equipment, net		44,483	39,530
Operating lease right-of-use assets		7,634	9,316
Other assets		129	129
Total assets		$159,913	$203,442

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable		$5,772	$1,938
Accrued expenses and other current liabilities		8,563	8,205
Deferred revenue		343	961
Current portion of debt		12,164	8,303
Current portion of operating lease liabilities		2,210	2,345
Total current liabilities		29,052	21,752
Debt, less current portion		9,894	20,635
Operating lease liabilities, less current portion		6,297	7,858
Derivative warrant liabilities		2,927	1,767
Earn-out liabilities		2,155	1,206
Total liabilities		50,325	53,218
Commitments and contingencies (Note 21)
Stockholders’ equity:
Preferred stock, par value $0.0001 per share, 10,000,000 shares authorized, none outstanding		—	—
Common stock, par value $0.0001 per share, 1,000,000,000 shares authorized, 147,066,336 shares issued and outstanding at December 31, 2023 and 125,257,233 shares issued and outstanding at December 31, 2022		14	12
Additional paid-in capital		463,089	429,025
Accumulated other comprehensive income (loss)		244	(161)
Accumulated deficit		(353,759)	(278,652)
Total stockholders’ equity		109,588	150,224
Total liabilities and stockholders’ equity		$159,913	$203,442

See accompanying notes to consolidated financial statements.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.