QBTS Stock Financials: Financial Performance and Reports

Period	FY-2023	FY-2022	FY-2021	FY-2020
Period Ended	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Operating Revenue	$8.76 M	$7.17 M	$6.28 M	$5.16 M
Cost of Revenue	$4.14 M	$2.92 M	$1.75 M	$915,000.00
Gross Profit	$4.62 M	$4.25 M	$4.53 M	$4.25 M
Gross Profit Ratio	0.53	0.59	0.72	0.82
Research and Development Expenses	$37.88 M	$32.10 M	$25.40 M	$20.41 M
General & Administrative Expenses	$37.01 M	$21.54 M	$11.90 M	$11.59 M
Selling & Marketing Expenses	$10.28 M	$10.07 M	$6.18 M	$3.71 M
Selling, General & Administrative Expenses	$47.29 M	$31.61 M	$18.08 M	$15.30 M
Other Expenses	-$2.39 M	$716,000.00	-$7.17 M	-$12.03 M
Operating Expenses	$85.17 M	$63.71 M	$36.31 M	$23.69 M
Cost And Expenses	$89.30 M	$66.63 M	$38.06 M	$24.60 M
Interest Income	$0.00	$5.67 M	$1.73 M	$48,914.00
Interest Expense	$37,000.00	$4.63 M	$1.73 M	$5.26 M
Depreciation & Amortization	$1.85 M	$8.72 M	$3.40 M	$5.70 M
EBITDA	-$78.70 M	-$50.74 M	-$28.38 M	-$13.75 M
EBITDA Ratio	-8.99	-7.07	-4.52	-2.66
Operating Income	-$80.55 M	-$59.46 M	-$31.78 M	-$19.44 M
Operating Income Ratio	-9.2	-8.29	-5.06	-3.77
Total Other Income/Expenses Net	-$2.17 M	$7.93 M	$236,000.00	$9.42 M
Income Before Tax	-$82.72 M	-$51.53 M	-$31.55 M	-$10.02 M
Income Before Tax Ratio	-9.44	-7.18	-5.02	-1.94
Income Tax Expense	$0.00	-$12.56 M	$2.53 M	$8.23 M
Net Income	-$82.72 M	-$38.97 M	-$34.07 M	-$18.25 M
Net Income Ratio	-9.44	-5.43	-5.43	-3.54
EPS	-0.6	-0.33	-0.27	-0.49
EPS Diluted	-0.6	-0.33	-0.27	-0.49
Weighted Average Shares Out	$137.99 M	$119.65 M	$125.34 M	$37.50 M
Weighted Average Shares Out Diluted	$137.99 M	$119.65 M	$125.34 M	$37.50 M
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D-Wave Quantum Inc. (QBTS) Financials