Name | Value |
---|---|
Revenues | 3.1M |
Cost of Revenue | 0.8M |
Gross Profit | 2.3M |
Operating Expense | 19.1M |
Operating I/L | -16.8M |
Other Income/Expense | -5.2M |
Interest Income | 1.3M |
Pretax | -22.2M |
Income Tax Expense | 1.5M |
Net Income/Loss | -22.2M |
Rigetti Computing, Inc. is an integrated systems company specializing in building quantum computers and superconducting quantum processors. The company generates revenue by offering its machines through the Quantum Cloud Services platform, which integrates them into public, private, or hybrid clouds. Rigetti's quantum computers and processors are designed to provide advanced computing capabilities for various applications, including research, optimization, and machine learning. The company's business model revolves around providing access to quantum computing power and services, catering to the growing demand for quantum technology in both the public and private sectors.