{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-018370","form_type":"8-K","ticker":"QBTS","cik":"0001907982","company_name":"D-Wave Quantum Inc.","filed_at":"2023-04-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.566406+00:00","generated_at":"2026-06-17T02:11:27.530319+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"D-Wave Quantum Q4 revenue $2.4M (+41% QoQ); net loss narrows to $12.5M; closes $50M loan","bullets":["Q4 revenue $2.4M, up 41% sequentially from Q3; commercial customers grew 18% to 67 in FY22.","GAAP net loss $12.5M ($0.10/sh) vs $13.8M ($0.11/sh) year ago; Adj. EBITDA -$14.5M vs -$9.3M.","Closes $50M four-year term loan; enters 2023 with $5.8M firm backlog and prior-year renewals expected.","Non-GAAP gross margin 68.1% (up 4.3pp YoY); GAAP gross margin 55.5% (down 8.3pp YoY).","Operating expenses rose: GAAP $22.4M ($12.4M) and non-GAAP $15.9M ($10.9M) YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-018370","json":"https://secwatch.observer/filing/0001140361-23-018370.json","markdown":"https://secwatch.observer/filing/0001140361-23-018370.md","text":"https://secwatch.observer/filing/0001140361-23-018370.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1907982/000114036123018370/0001140361-23-018370-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1907982/000114036123018370/brhc20051423_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T02:11:27.530319+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c78e8c6f3c557c144b26c121001f02908b7fb4d0","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 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 that increased by $326,000, or 24%, from the immediately","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1907982/000114036123018370/0001140361-23-018370-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal fourth quarter and full year ended December 31, 2022"},{"label":"Revenue","value":"$2.4 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}