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- Delisting (new) — New risk factor warns of potential Nasdaq delisting if the company fails to meet continued listing requirements after transferring from NYSE.
revenue $3.1M, net income -$48.0M. D-Wave's Quantum Circuits buy drives 67% revenue drop, wider losses, and Nasdaq move
Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~1 min read
Key Changes
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high
Acquired Quantum Circuits for $250M cash plus 10.4M shares, adding $342.6M goodwill and $211.8M intangibles.
MD&A: Acquisition verify on EDGAR → -
high
Revenue fell 67% to $5.9M for H1 2026, driven by a $13.3M drop in system sales as revenue recognition shifted to over-time.
MD&A: Revenue verify on EDGAR → -
medium
Remaining performance obligations jumped from $5.3M to $40.7M, signaling stronger contracted future revenue.
Notes: Performance Obligations verify on EDGAR →
This preview is just the start — the full report includes the narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 1, 2026 · How we verify