Rigetti Computing Inc
For the period ended Dec 31, 2024. Filed Mar 7, 2025.
View on SEC.govAbout 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.
FY2024 · Filed Mar 7, 2025
RGTI$12.98+10.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(in thousands, except for per share data)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · | ||||||
| | Year Ended December 31, | |||||
| · 2024 · 2023 | ||||||
| Revenue | | $10,790 | | $12,008 | ||
| Cost of revenue | | | 5,093 | | | 2,800 |
| Total gross profit | | | 5,697 | | | 9,208 |
| Operating expenses: | | | | | | |
| Research and development | | | 49,750 | | | 52,768 |
| Selling, general and administrative | | | 24,457 | | | 27,744 |
| Restructuring | | | — | | | 991 |
| Total operating expenses | | | 74,207 | | | 81,503 |
| Loss from operations | | | (68,510) | | | (72,295) |
| Other income (expense), net | | | | | ||
| Interest expense | | | (3,255) | | | (5,779) |
| Interest income | | | 5,113 | | | 5,076 |
| Change in fair value of derivative warrant liabilities | | | (90,168) | | | (1,160) |
| Change in fair value of earn-out liabilities | | | (43,742) | | | (949) |
| Loss on extinguishment of debt | | | (426) | | | — |
| Total other expense, net | | | (132,478) | | | (2,812) |
| Net loss before provision for income taxes | | | (200,988) | | | (75,107) |
| Provision for income taxes | | | — | | | — |
| Net loss | | $(200,988) | | $(75,107) | ||
| Net loss per share attributable to common stockholders – basic and diluted | | $(1.09) | | $(0.57) | ||
| Weighted average shares used in computing net loss per share attributable to common stockholders – basic and diluted | | | 184,666 | | | 131,977 |
See accompanying notes to consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.