{"schema_version":"secwatch.filing_event.v1","accession":"0001907982-26-000022","form_type":"8-K","ticker":"QBTS","cik":"0001907982","company_name":"D-Wave Quantum Inc.","filed_at":"2026-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.739270+00:00","generated_at":"2026-05-15T23:48:44.592512+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"D-Wave FY2025 revenue $24.6M (+179% YoY); cash $884.5M; Q1 2026 bookings >$32.8M","bullets":["FY2025 revenue $24.6M, up 179% from $8.8M; GAAP gross margin 82.6% vs 63.0%.","Cash and marketable securities $884.5M as of Dec 31, 2025, up 397% YoY.","Post-quarter closed a $20M system sale (Florida Atlantic Univ.) and $10M QCaaS deal; Q1 2026 YTD bookings >$32.8M.","Completed acquisition of Quantum Circuits (error-corrected gate-model) with 99.9% gate fidelities.","Formed U.S. government business unit led by Jack Sears Jr.; demo with Anduril showed 10x faster missile defense solution."],"urls":{"canonical":"https://secwatch.observer/filing/0001907982-26-000022","json":"https://secwatch.observer/filing/0001907982-26-000022.json","markdown":"https://secwatch.observer/filing/0001907982-26-000022.md","text":"https://secwatch.observer/filing/0001907982-26-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1907982/000190798226000022/0001907982-26-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1907982/000190798226000022/qbts-20260226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T23:48:44.592512+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"}