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Mar 31, 2023

D-Wave Q1 2023 Earnings Report

Total Revenue
$1.58M
Previous year: $1.71M
-7.6%
EPS
-$0.2
Previous year: -$0.09
+122.2%
Total Bookings
$2.9M
GAAP Gross Margin
26.6%
Non-GAAP Gross Margin
53.8%
Gross Profit
$421K
Previous year: $1.13M
-62.7%
Cash and Equivalents
$8.99M
Previous year: $17.7M
-49.1%
Free Cash Flow
-$13.6M
Previous year: -$9.63M
+41.6%
Total Assets
$27.5M

D-Wave

D-Wave