RGTI

Rigetti Computing, Inc.

v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenue $ 1,947 $ 2,378 $ 5,220 $ 8,516
Cost of revenue 1,543 1,174 3,808 3,822
Total gross profit 404 1,204 1,412 4,694
Operating expenses:        
Research and development 15,020 12,752 43,997 36,093
Selling, general and administrative 5,933 5,798 19,478 18,617
Total operating expenses 20,953 18,550 63,475 54,710
Loss from operations (20,549) (17,346) (62,063) (50,016)
Other income (expense), net        
Interest expense   (733)   (2,809)
Interest income 5,598 1,226 10,792 3,567
Change in fair value of derivative warrant liabilities (181,955) 1,200 (149,250) 717
Change in fair value of earn-out liabilities (4,062) 820 2,518 514
Total other income (expense), net (180,419) 2,513 (135,940) 1,989
Net loss before provision for income taxes (200,968) (14,833) (198,003) (48,027)
Net loss $ (200,968) $ (14,833) $ (198,003) $ (48,027)
Net loss per share attributable to common stockholders - basic (in $ per share) $ (0.62) $ (0.08) $ (0.65) $ (0.28)
Net loss per share attributable to common stockholders - diluted (in $ per share) $ (0.62) $ (0.08) $ (0.65) $ (0.28)
Weighted average shares used to compute net loss per share attributable to common stockholders - basic (in shares) 325,024 188,389 302,807 170,665
Weighted average shares used to compute net loss per share attributable to common stockholders - diluted (in shares) 325,024 188,389 302,807 170,665