Rigetti Computing Reports First Quarter 2024 Financial Results [Yahoo! Finance]
B. Riley Financial, Inc. (RILY)
NASDAQ:AMEX Investor Relations:
ir.brileyfin.com/investor-relations
Company Research
Source: Yahoo! Finance
quantum-classical computing, today announced its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Total revenues for the three months ended March 31, 2024 were $3.1 million Total operating expenses for the three months ended March 31, 2024 were $18.1 million Operating loss for the three months ended March 31, 2024 was $16.6 million Net loss for the three months ended March 31, 2024 was $20.8 million During the period from January 1 - May 9, 2024, raised $32.9 million from the sale of 23 million shares under our prior Common Stock Purchase Agreement with B. Riley and our current ATM program, including $23.9 million raised in the three months ended March 31, 2024 As of March 31, 2024 cash, cash equivalents and available-for-sale securities totaled $102.8 million Technology Roadmap and QPU Performance Rigetti has achieved a 99.3% median 2-qubit gate fidelity on its 9-qubit Ankaa™-class quantum system, which gives the
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RILY
Sec Filings
- 5/15/24 - Form 10-Q
- 5/15/24 - Form 8-K
- 5/13/24 - Form NT
- RILY's page on the SEC website