{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-28T15:37:55.577152+00:00","company":{"ticker":"QBTS","cik":1907982,"company_name":"D-Wave Quantum Inc."},"pagination":{"limit":100,"returned":45,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"PSPIB Unitas Investments II Inc.","detail":"credit_facility","count":5,"first_seen":"2023-04-19T23:59:59+00:00","last_seen":"2024-04-19T23:59:59+00:00","evidence_fact_ids":[60624,107411,129600,144672,165204]},{"display_name":"0937847 B.C. 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(the \"Company\"), as borrower, and its subsidiaries (collectively, the \"Loan Parties\"), entered into a $50 million Loan and Security Agreement with PSPIB Unitas Investments II Inc. (\"PSPIB\"), as the lender and collateral agent (the \"Term Loan\").","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001140361-23-019172","anchor_url":"https://secwatch.observer/filing/0001140361-23-019172#claim-69782f5e7a61b8b86269cca86e4ce79673b6f74e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1907982/000114036123019172/0001140361-23-019172-index.htm"},{"fact_type":"executive_change","fact_key":"8dddebb1cb","cik":1907982,"ticker":"QBTS","company_name":"D-Wave Quantum Inc.","filed_at":"2023-04-19T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-04-13","interim":false,"role":"Class II director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Philip Adam Smalley III was appointed as Class II director at D-Wave Quantum Inc..","evidence_excerpt":"On April 13, 2023, the Board appointed Philip Adam Smalley III to serve as a Class II director, effective immediately.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001140361-23-019172","anchor_url":"https://secwatch.observer/filing/0001140361-23-019172#claim-8dddebb1cb","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1907982/000114036123019172/0001140361-23-019172-index.htm"},{"fact_type":"earnings_release","fact_key":"c78e8c6f3c557c144b26c121001f02908b7fb4d0","cik":1907982,"ticker":"QBTS","company_name":"D-Wave Quantum Inc.","filed_at":"2023-04-14T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the fiscal fourth quarter and full year ended December 31, 2022","report_date":"2023-04-14","result_type":"reported_results","revenue_text":"$2.4 million"},"claim":"D-Wave Quantum Inc. reported the fiscal fourth quarter and full year ended December 31, 2022 results: revenue $2.4 million.","evidence_excerpt":"toward proving\n quantum advantage Fourth Quarter Fiscal 2022 Financial Highlights • Revenue : On a sequential quarter-to-quarter basis, fiscal 2022 fourth quarter revenue of $2.4 million increased by $700,000, or 41%, from the immediately preceding fiscal 2022 third quarter revenue of $1.7 million\n that increased by $326,000, or 24%, from the immediately","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001140361-23-018370","anchor_url":"https://secwatch.observer/filing/0001140361-23-018370#claim-c78e8c6f3c557c144b26c121001f02908b7fb4d0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1907982/000114036123018370/0001140361-23-018370-index.htm"},{"fact_type":"executive_change","fact_key":"6936786258","cik":1907982,"ticker":"QBTS","company_name":"D-Wave Quantum Inc.","filed_at":"2023-04-10T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-04-04","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Ziv Ehrenfeld was appointed as Director at D-Wave Quantum Inc..","evidence_excerpt":"on April 4, 2023, the Board appointed Ziv Ehrenfeld to serve as a director for the remainder of the full term of Mr. van Gelderen, effective immediately.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001140361-23-017385","anchor_url":"https://secwatch.observer/filing/0001140361-23-017385#claim-6936786258","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1907982/000114036123017385/0001140361-23-017385-index.htm"},{"fact_type":"executive_change","fact_key":"c2a1371b97","cik":1907982,"ticker":"QBTS","company_name":"D-Wave Quantum Inc.","filed_at":"2023-04-10T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2023-04-04","interim":false,"role":"Director","role_category":"director","successor_name":"Ziv Ehrenfeld","successor_named":true},"claim":"Eduard van Gelderen resigned as Director at D-Wave Quantum Inc..","evidence_excerpt":"On April 4, 2023, Eduard van Gelderen provided D-Wave Quantum Inc. (the \"Company\") with a written notice of resignation as a director on the Company's Board of Directors (the \"Board\"), effective as of April 4, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001140361-23-017385","anchor_url":"https://secwatch.observer/filing/0001140361-23-017385#claim-c2a1371b97","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1907982/000114036123017385/0001140361-23-017385-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"879d07d52b8e02274be0b8c01feaf2e1d7494b17","cik":1907982,"ticker":"QBTS","company_name":"D-Wave Quantum Inc.","filed_at":"2023-03-21T23:59:59+00:00","payload":{"company_response":null,"compliance_status":"deficient","cure_deadline":null,"deficiency_type":"minimum_bid_price","delisting_effective_date":null,"exchange":"nyse","hearing_date":null,"immediate_listing_effect":null,"minimum_requirement":null,"notice_date":"2023-03-16","notice_type":"deficiency_notice","plan_due_date":null,"raw_rule_text":"Section 802.01C of the NYSE Listed Company Manual","reported_value":null,"rule_numbers":["802.01C"],"rules_cited_in_text":true},"claim":"D-Wave Quantum Inc. received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).","evidence_excerpt":"nge Act. ☐ Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On March 16,\n 2023 , D-Wave Quantum Inc. (the “Company,” “we,” “us” or “our”) was notified by the New York Stock Exchange (the “NYSE”) that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because\n the average closing price of the Company’s common stock was less than $1.00 over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of the Company’scommon stock from the NYSE. On March 20,\n 2023 , the Company","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001140361-23-012814","anchor_url":"https://secwatch.observer/filing/0001140361-23-012814#claim-879d07d52b8e02274be0b8c01feaf2e1d7494b17","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1907982/000114036123012814/0001140361-23-012814-index.htm"},{"fact_type":"material_agreement","fact_key":"3cbe13c91b94ed9a108867139a5af418180c0cf5","cik":1907982,"ticker":"QBTS","company_name":"D-Wave Quantum Inc.","filed_at":"2023-03-03T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Agreement for Semiconductor Line Operation","agreement_type":"supply","counterparty":"SkyWater Technology Foundry, Inc.","effective_date":"2023-03-01","item_codes_triggered":["1.01"],"value_text":"The Amendment revised the pricing and quarterly commitments set forth under the Agreement."},"claim":"D-Wave Quantum Inc. amended Agreement for Semiconductor Line Operation with SkyWater Technology Foundry, Inc. valued at The Amendment revised the pricing and quarterly commitments set forth under the Agreement. (effective 2023-03-01).","evidence_excerpt":"On March 1, 2023, D-Wave Systems Inc., an indirectly, wholly-owned subsidiary of D-Wave Quantum Inc., entered into an amendment (the “Amendment”) to the Agreement for Semiconductor Line Operation, dated as of December 23, 2012, by and between Cypress Semiconductor Corporation and D-Wave Systems Inc., as amended and assigned to SkyWater Technology Foundry, Inc. (the “Agreement”).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001140361-23-009902","anchor_url":"https://secwatch.observer/filing/0001140361-23-009902#claim-3cbe13c91b94ed9a108867139a5af418180c0cf5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1907982/000114036123009902/0001140361-23-009902-index.htm"},{"fact_type":"material_agreement","fact_key":"c2224130952a26a536624543969aa51a48d42df3","cik":1907982,"ticker":"QBTS","company_name":"D-Wave Quantum Inc.","filed_at":"2022-12-28T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Second Amendment to Lease","agreement_type":"lease","counterparty":"Embarcadero Joint Venture","effective_date":"2022-09-09","item_codes_triggered":["1.01"],"value_text":"$19,200 per month"},"claim":"D-Wave Quantum Inc. amended Second Amendment to Lease with Embarcadero Joint Venture valued at $19,200 per month (effective 2022-09-09).","evidence_excerpt":"D-Wave Commercial Inc. (“D-Wave Commercial”), an indirectly, wholly-owned subsidiary of D-Wave Quantum Inc. (“D-Wave”), entered into a Second Amendment (“Second Amendment”) to Lease, dated September 9, 2022, with Embarcadero Joint Venture.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-22-313758","anchor_url":"https://secwatch.observer/filing/0001193125-22-313758#claim-c2224130952a26a536624543969aa51a48d42df3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1907982/000119312522313758/0001193125-22-313758-index.htm"},{"fact_type":"material_agreement","fact_key":"caf85d13b16016669d72eb0bb4c531a69521fd78","cik":1907982,"ticker":"QBTS","company_name":"D-Wave Quantum Inc.","filed_at":"2022-12-21T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Lease Renewal Agreement","agreement_type":"lease","counterparty":"0937847 B.C. Ltd.","effective_date":"2022-10-14","item_codes_triggered":["1.01"],"value_text":"CAD $139,308 per year"},"claim":"D-Wave Quantum Inc. amended Lease Renewal Agreement with 0937847 B.C. Ltd. valued at CAD $139,308 per year (effective 2022-10-14).","evidence_excerpt":"On October 14, 2022, Omni Circuit Boards Ltd. (“Omni”), an indirectly, wholly-owned subsidiary of D-Wave Quantum Inc. (“D-Wave”), entered into a Lease Renewal Agreement with 0937847 B.C. Ltd. Under the Lease Renewal Agreement, Omni extended the termination date for its lease of approximately 7,000 square feet of space in Richmond, B.C. from December 2022 to December 2024. Under the Lease Renewal Agreement, Omni’s basic rent increased to CAD $139,308 per year.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-22-310072","anchor_url":"https://secwatch.observer/filing/0001193125-22-310072#claim-caf85d13b16016669d72eb0bb4c531a69521fd78","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1907982/000119312522310072/0001193125-22-310072-index.htm"},{"fact_type":"earnings_release","fact_key":"bbe721ed21d05c33bf9f6a3d5bf76053bec0e676","cik":1907982,"ticker":"QBTS","company_name":"D-Wave Quantum Inc.","filed_at":"2022-11-10T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$13.1 million, or $0.11 per share","period_text":"third quarter ended September 30, 2022","report_date":"2022-11-10","result_type":"reported_results","revenue_text":"$1.7 million"},"claim":"D-Wave Quantum Inc. reported third quarter ended September 30, 2022 results: revenue $1.7 million, net income $13.1 million, or $0.11 per share.","evidence_excerpt":"Revenue for the third quarter of fiscal 2022 was $1.7 million, an increase of $388,000, or 30%, from $1.3 million in the third quarter of fiscal 2021 and an increase of $324,000, or 24%, from the immediately prior fiscal 2022 second quarter revenue of $1.4 million","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-22-281937","anchor_url":"https://secwatch.observer/filing/0001193125-22-281937#claim-bbe721ed21d05c33bf9f6a3d5bf76053bec0e676","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1907982/000119312522281937/0001193125-22-281937-index.htm"}]}