{"schema_version":"secwatch.filing_event.v1","accession":"0001907982-25-000248","form_type":"8-K","ticker":"QBTS","cik":"0001907982","company_name":"D-Wave Quantum Inc.","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.044633+00:00","generated_at":"2026-05-17T00:02:15.314183+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"D-Wave Q3 revenue up 100% YoY to $3.7M; €10M Italy booking for Advantage2","bullets":["Q3 revenue $3.7M (+100% YoY); GAAP gross profit $2.7M (+156%); gross margin improved to 71.4%.","Adjusted EBITDA loss $20.6M (vs $13.8M); adjusted net loss improved to $18.1M from $23.2M.","Post-quarter bookings closed over $12M; Q3 bookings $2.4M, up 80% sequentially.","€10M booking for 50% capacity of Advantage2 system in Lombardy, Italy (5-year term with purchase option).","Cash balance record at >$836M; new customers include major airline, SkyWater, Japan Tobacco."],"urls":{"canonical":"https://secwatch.observer/filing/0001907982-25-000248","json":"https://secwatch.observer/filing/0001907982-25-000248.json","markdown":"https://secwatch.observer/filing/0001907982-25-000248.md","text":"https://secwatch.observer/filing/0001907982-25-000248.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1907982/000190798225000248/0001907982-25-000248-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1907982/000190798225000248/qbts-20251106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:02:15.314183+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}