secwatch.observer — SEC 8-K summary
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Issuer:     Rigetti Computing, Inc. (RGTI)
CIK:        0001838359
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001558370-23-018557
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rigetti reports Q3 revenue $3.1M, net loss $22.2M; delivers QPU to national lab, wins AFRL contract
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- Revenue $3.1M, operating loss $16.8M, net loss $22.2M for Q3 2023.
- Cash, equivalents, and securities totaled $110.2M at Sept 30, 2023.
- Raised $12.7M from stock sales under B. Riley purchase agreement.
- Delivered 9Q QPU to national lab; won AFRL foundry contract and DARPA IMPAQT award.
- Expects year-end cash $88-94M; Ankaa-2 84-qubit system expected in Q4 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1838359/000155837023018557/0001558370-23-018557-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1838359/000155837023018557/tmb-20231109x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-018557

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