Rigetti Computing, Inc. financial data

Symbol
RGTI, RGTIW on Nasdaq
Industry
Blank Checks
Location
775 Heinz Avenue, Berkeley, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
Supernova Partners Acquisition Co II, Ltd. (to 3/1/2022)
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 433 % -37.6%
Debt-to-equity 41.2 % +15.3%
Return On Equity -59.1 % -1.7%
Return On Assets -41.9 % +2.24%
Operating Margin -802 % -183%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 191M shares +43.8%
Common Stock, Shares, Outstanding 180M shares +35.6%
Entity Public Float 128M USD -7.27%
Common Stock, Value, Issued 17K USD +30.8%
Weighted Average Number of Shares Outstanding, Basic 172M shares +33.8%
Weighted Average Number of Shares Outstanding, Diluted 172M shares +33.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 13.2M USD +66.2%
Cost of Revenue 4.34M USD +61.2%
Research and Development Expense 49.2M USD -18.3%
Selling and Marketing Expense 5.39M USD +48.2%
General and Administrative Expense 25.8M USD -39.9%
Operating Income (Loss) -66.7M USD +30.7%
Nonoperating Income (Expense) -1.27M USD -109%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -68M USD +17%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -68M USD +17%
Earnings Per Share, Basic -0.46 USD/shares +20.7%
Earnings Per Share, Diluted -0.46 USD/shares +20.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 20.7M USD -4.74%
Marketable Securities, Current 83.8M USD
Accounts Receivable, after Allowance for Credit Loss, Current 5.23M USD -31.4%
Assets, Current 110M USD -6.69%
Property, Plant and Equipment, Net 45.7M USD +10.4%
Operating Lease, Right-of-Use Asset 6.85M USD -19.9%
Goodwill 0 USD -100%
Assets 162M USD -3.08%
Accounts Payable, Current 1.84M USD +94.6%
Employee-related Liabilities, Current 1.65M USD +112%
Liabilities, Current 25.6M USD +19.7%
Operating Lease, Liability, Noncurrent 5.46M USD -25%
Liabilities 40.3M USD -18.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax 123K USD +12200%
Retained Earnings (Accumulated Deficit) -387M USD -21.3%
Stockholders' Equity Attributable to Parent 122M USD +3.21%
Liabilities and Equity 162M USD -3.08%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -13.1M USD +15.5%
Net Cash Provided by (Used in) Financing Activities 20.7M USD
Net Cash Provided by (Used in) Investing Activities 6.22M USD
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 180M shares +35.6%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 13.7M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 57.9M USD +381%
Interest Paid, Excluding Capitalized Interest, Operating Activities 811K USD -24.3%
Deferred Tax Assets, Valuation Allowance 75.1M USD -1.63%
Deferred Tax Assets, Gross 80.2M USD -0.64%
Operating Lease, Liability 8.51M USD -16.6%
Depreciation 1.79M USD -14.5%
Payments to Acquire Property, Plant, and Equipment 5.49M USD +14.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -67.9M USD +17.3%
Lessee, Operating Lease, Liability, to be Paid 10.4M USD -18.9%
Property, Plant and Equipment, Gross 77.8M USD +19%
Operating Lease, Liability, Current 2.23M USD -4.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.2M USD -3.93%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.29M USD -5.53%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.91M USD -27.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.52M USD -30.7%
Deferred Tax Assets, Operating Loss Carryforwards 56.5M USD -7.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 5.86M USD +25.4%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.57M USD +2.76%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 13.6M USD -50.2%
Interest Expense 5.42M USD -2.22%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%