QBTS (D-Wave Quantum) Construction In Progress : $0.84 Mil (As of Dec. 2024)

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What is D-Wave Quantum Construction In Progress?

D-Wave Quantum's quarterly construction in progress increased from Jun. 2024 ($0.30 Mil) to Sep. 2024 ($0.68 Mil) and increased from Sep. 2024 ($0.68 Mil) to Dec. 2024 ($0.84 Mil).

D-Wave Quantum's annual construction in progress increased from Dec. 2022 ($0.09 Mil) to Dec. 2023 ($0.89 Mil) but then declined from Dec. 2023 ($0.89 Mil) to Dec. 2024 ($0.84 Mil).

D-Wave Quantum Construction In Progress Historical Data

The historical data trend for D-Wave Quantum's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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D-Wave Quantum Construction In Progress Chart

D-Wave Quantum Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

0.50

0.29

0.09

0.89

0.84

D-Wave Quantum Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Construction In Progress	Get a 7-Day Free Trial												0.89	1.18	0.30	0.68	0.84

D-Wave Quantum Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

D-Wave Quantum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » D-Wave Quantum Inc (NYSE:QBTS) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

RQ0:Germany

Address

2650 East Bayshore Road, Palo Alto, CA, USA, 94303

Website

https://www.dwavequantum.com

D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the company's LeapTM cloud service.

Executives

John M. Markovich	officer: Chief Financial Officer	3033 BETA AVENUE, BURNABY A1 V5G 4M9
Diane Nguyen	officer: General Counsel	3033 BETA AVENUE, BURNABY A1 V5G4M9
Alan E Baratz	director, officer: President & CEO	3033 BETA AVENUE, BURNABY A1 V5G 4M9
Public Sector Pension Investment Board	10 percent owner	1250 RENE-LEVESQUE BLVD WEST, SUITE 1400, MONTREAL A8 H3B 5E9
Emil Michael	director	C/O DPCM CAPITAL, INC., 382 NE 191 STREET, # 24148, MIAMI FL 33179
Victoria Brydon	officer: See remarks	3033 BETA AVENUE, BURNABY A1 V5G 4M9
Smalley Philip Adam Iii	director	3033 BETA AVENUE, BURNABY A1 V5G4M9
Ziv Ehrenfeld	director	3033 BETA AVENUE, BURNABY A1 V5G4M9
Steven M West	director	3033 BETA AVENUE, BURNABY A1 V5G 4M9
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Stone Street 2014 Holdings, L.p.	10 percent owner	P.O BOX 309 UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
2014 Employee Offshore Aggregator, L.p.	10 percent owner	P.O BOX 309 UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
2014, L.p. Mbd	10 percent owner	200 WEST STREET, NEW YORK NY 10282-2198
Bridge Street 2014, L.p.	10 percent owner	200 WEST STREET, NEW YORK NY 10282-2198