RGTI Financial Statements

Balance sheet, income statement, cash flow, and dividends for Rigetti Computing Inc (RGTI).


$138.46M Market Cap.

As of 03/14/2024 5:00 PM ET (MRY) • Disclaimer

RGTI Market Cap. (MRY)


RGTI Shares Outstanding (MRY)


RGTI Assets (MRY)


Total Assets

$159.91M

Total Liabilities

$50.33M

Total Investments

$78.54M

RGTI Income (MRY)


Revenue

$12.01M

Net Income

-$75.11M

Operating Expense

$81.50M

RGTI Cash Flow (MRY)


CF Operations

-$50.58M

CF Investing

$773.00K

CF Financing

$13.23M

RGTI Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

-

0%

0%

-

2019

$0

-

-

0%

-

RGTI Balance Sheet (MRY)


Metric

2023

2022

2021

2020

Total Assets

$159,913,000 (-21.40%)

$203,442,000 (338.19%)

$46,428,000 (-6.55%)

$49,682,089 (80.76%)

Assets Current

$107,667,000 (-30.30%)

$154,467,000 (754.73%)

$18,072,000 (-23.80%)

$23,717,465 (1360.45%)

Assets Non-Current

$52,246,000 (6.68%)

$48,975,000 (72.71%)

$28,356,000 (9.21%)

$25,964,624 (0.40%)

Goodwill & Intangible Assets

$0 (0%)

$0 (0%)

$5,377,000 (-0.00%)

$5,377,255 (0.00%)

Shareholders Equity

$109,588,000 (-27.05%)

$150,224,000 (310.02%)

-$71,528,000 (-101.91%)

-$35,425,402 (72.41%)

Property Plant & Equipment Net

$52,117,000 (6.70%)

$48,846,000 (117.12%)

$22,497,000 (11.70%)

$20,140,872 (0.50%)

Cash & Equivalents

$21,392,000 (-63.05%)

$57,888,000 (380.56%)

$12,046,000 (-46.51%)

$22,519,522 (3498.28%)

Accumulated Other Comprehensive Income

$244,000 (251.55%)

-$161,000 (-409.62%)

$52,000 (-8.49%)

$56,825 (471.14%)

Deferred Revenue

$343,000 (-64.31%)

$961,000 (-2.44%)

$985,000 (100.27%)

$491,827 (-73.42%)

Total Investments

$78,537,000 (-7.52%)

$84,923,000 (0%)

$0 (0%)

$0 (0%)

Investments Current

$78,537,000 (-7.52%)

$84,923,000 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$5,029,000 (-19.34%)

$6,235,000 (304.08%)

$1,543,000 (221.88%)

$479,374 (153.67%)

Trade & Non-Trade Payables

$5,772,000 (197.83%)

$1,938,000 (-1.67%)

$1,971,000 (77.90%)

$1,107,924 (-64.29%)

Accumulated Retained Earnings (Deficit)

-$353,759,000 (-26.95%)

-$278,652,000 (-34.53%)

-$207,131,000 (-22.64%)

-$168,889,832 (-18.30%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$30,565,000 (-21.91%)

$39,141,000 (57.88%)

$24,791,000 (0%)

$0 (0%)

Debt Current

$14,374,000 (34.99%)

$10,648,000 (1751.83%)

$575,000 (0%)

$0 (0%)

Debt Non-Current

$16,191,000 (-43.18%)

$28,493,000 (17.66%)

$24,216,000 (0%)

$0 (0%)

Total Liabilities

$50,325,000 (-5.44%)

$53,218,000 (46.07%)

$36,433,000 (916.45%)

$3,584,350 (-89.79%)

Liabilities Current

$29,052,000 (33.56%)

$21,752,000 (187.46%)

$7,567,000 (136.24%)

$3,203,050 (-90.80%)

Liabilities Non-Current

$21,273,000 (-32.39%)

$31,466,000 (9.01%)

$28,866,000 (7470.42%)

$381,300 (26.59%)

RGTI Income Statement (MRY)


Metric

2023

2022

2021

2020

Revenues

$12,008,000 (-8.35%)

$13,102,000 (59.86%)

$8,196,000 (47.87%)

$5,542,598 (653.60%)

Cost of Revenue

$2,800,000 (-2.54%)

$2,873,000 (77.02%)

$1,623,000 (8.81%)

$1,491,610 (417.63%)

Selling General & Administrative Expense

$27,744,000 (-48.60%)

$53,980,000 (291.90%)

$13,774,000 (-8.44%)

$15,043,300 (-19.57%)

Research & Development Expense

$52,768,000 (-11.98%)

$59,952,000 (122.64%)

$26,928,000 (11.74%)

$24,099,335 (-18.16%)

Operating Expenses

$81,503,000 (-31.69%)

$119,309,000 (193.13%)

$40,702,000 (3.98%)

$39,142,635 (-18.71%)

Interest Expense

$5,779,000 (9.33%)

$5,286,000 (114.44%)

$2,465,000 (4671.03%)

$51,666 (-92.30%)

Income Tax Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$75,107,000 (-5.01%)

-$71,521,000 (-87.03%)

-$38,241,000 (-46.36%)

-$26,127,496 (51.45%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$75,107,000 (-5.01%)

-$71,521,000 (-87.03%)

-$38,241,000 (-46.36%)

-$26,127,496 (51.45%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$75,107,000 (-5.01%)

-$71,521,000 (-87.03%)

-$38,241,000 (-46.36%)

-$26,127,496 (51.45%)

Weighted Average Shares

$131,977,000 (29.01%)

$102,300,852 (338.36%)

$23,337,127 (12.64%)

$20,719,085 (176.44%)

Weighted Average Shares Diluted

$131,977,000 (29.01%)

$102,300,852 (338.36%)

$23,337,127 (12.64%)

$20,719,085 (176.44%)

Earning Before Interest & Taxes (EBIT)

-$69,328,000 (-4.67%)

-$66,235,000 (-85.14%)

-$35,776,000 (-37.20%)

-$26,075,830 (50.93%)

Gross Profit

$9,208,000 (-9.98%)

$10,229,000 (55.62%)

$6,573,000 (62.26%)

$4,050,988 (805.61%)

Operating Income

-$72,295,000 (33.72%)

-$109,080,000 (-219.61%)

-$34,129,000 (2.74%)

-$35,091,647 (26.44%)

RGTI Cash Flow Statement (MRY)


Metric

2023

2022

2021

2020

Net Cash Flow from Investing

$773,000 (100.72%)

-$107,024,000 (-1427.17%)

-$7,008,000 (-59.26%)

-$4,400,432 (-49.45%)

Net Cash Flow from Financing

$13,230,000 (-93.86%)

$215,454,000 (742.18%)

$25,583,000 (-54.55%)

$56,289,240 (200.36%)

Net Cash Flow from Operations

-$50,579,000 (19.32%)

-$62,689,000 (-115.84%)

-$29,044,000 (3.40%)

-$30,067,263 (18.49%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$36,496,000 (-179.61%)

$45,842,000 (537.67%)

-$10,474,000 (-147.84%)

$21,893,681 (203.72%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$9,832,000 (111.66%)

-$84,287,000 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$9,059,000 (60.16%)

-$22,737,000 (-224.44%)

-$7,008,000 (-59.26%)

-$4,400,432 (-42.23%)

Issuance (Repayment) of Debt Securities

-$8,333,000 (-407.60%)

$2,709,000 (-89.97%)

$27,000,000 (1127.27%)

$2,200,000 (-88.18%)

Issuance (Purchase) of Equity Shares

$21,670,000 (-90.65%)

$231,672,000 (61188.89%)

$378,000 (469.59%)

$66,364 (-48.97%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$80,000 (-20.79%)

$101,000 (2120.00%)

-$5,000 (-106.93%)

$72,136 (571.14%)

Share Based Compensation

$12,409,000 (-72.31%)

$44,812,000 (2438.92%)

$1,765,000 (-31.91%)

$2,592,038 (-6.78%)

Depreciation Amortization & Accretion

$9,108,000 (20.57%)

$7,554,000 (62.42%)

$4,651,000 (8.18%)

$4,299,263 (9.07%)

RGTI Financial Metrics (MRY)


Metric

2023

2022

2021

2020

Gross Margin

76.70% (-1.79%)

78.10% (-2.62%)

80.20% (9.71%)

73.10% (20.23%)

Profit Margin

-625.50% (-14.58%)

-545.90% (-17.00%)

-466.60% (1.02%)

-471.40% (93.56%)

EBITDA Margin

-501.50% (-11.97%)

-447.90% (-17.93%)

-379.80% (3.33%)

-392.90% (94.13%)

Return on Average Equity (ROAE)

-63.90% (-45.23%)

-44.00% (-124.10%)

182.60% (472.41%)

31.90%

Return on Average Assets (ROAA)

-44.50% (-38.63%)

-32.10% (-127.66%)

-14.10% (79.17%)

-67.70%

Return on Sales (ROS)

-577.30% (-14.20%)

-505.50% (-15.81%)

-436.50% (7.23%)

-470.50% (93.49%)

Return on Invested Capital (ROIC)

-45.80% (28.10%)

-63.70% (-382.58%)

-13.20% (91.38%)

-153.20%

Dividend Yield

0% (0%)

0% (0%)

0%

-

Price to Earnings Ratio (P/E)

-1.73 (-65.83%)

-1.04 (83.39%)

-6.27

-

Price to Sales Ratio (P/S)

10.82 (90.11%)

5.69 (-80.57%)

29.3

-

Price to Book Ratio (P/B)

1.26 (111.56%)

0.6 (109.62%)

-6.2

-

Debt to Equity Ratio (D/E)

0.46 (29.66%)

0.35 (169.55%)

-0.51 (-403.96%)

-0.1 (63.00%)

Earnings Per Share (EPS)

-0.57 (18.57%)

-0.7 (57.32%)

-1.64 (-30.16%)

-1.26 (82.45%)

Sales Per Share (SPS)

0.09 (-28.91%)

0.13 (-63.53%)

0.35 (30.97%)

0.27 (173.47%)

Free Cash Flow Per Share (FCFPS)

-0.45 (45.87%)

-0.83 (45.95%)

-1.54 (7.15%)

-1.66 (68.81%)

Book Value Per Share (BVPS)

0.83 (-43.46%)

1.47 (147.90%)

-3.06 (-79.24%)

-1.71 (90.02%)

Tangible Assets Book Value Per Share (TABVPS)

1.21 (-39.06%)

1.99 (13.08%)

1.76 (-17.73%)

2.14 (-27.53%)

Enterprise Value Over EBIT (EV/EBIT)

-2 (-100.00%)

-1 (91.67%)

-12

-

Enterprise Value Over EBITDA (EV/EBITDA)

-2.16 (-178.38%)

-0.78 (94.54%)

-14.23

-

Asset Turnover

0.07 (20.34%)

0.06 (96.67%)

0.03 (-79.17%)

0.14

Current Ratio

3.71 (-47.81%)

7.1 (197.36%)

2.39 (-67.75%)

7.41 (15655.32%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$59,638,000 (30.19%)

-$85,426,000 (-136.95%)

-$36,052,000 (-4.60%)

-$34,467,695 (13.79%)

Enterprise Value (EV)

$130,251,598 (185.69%)

$45,592,515 (-89.70%)

$442,830,812

-

Earnings Before Tax (EBT)

-$75,107,000 (-5.01%)

-$71,521,000 (-87.03%)

-$38,241,000 (-46.36%)

-$26,127,496 (51.45%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$60,220,000 (-2.62%)

-$58,681,000 (-88.53%)

-$31,125,000 (-42.93%)

-$21,776,567 (55.74%)

Invested Capital

$140,034,000 (-14.06%)

$162,943,000 (252.47%)

$46,229,000 (148.78%)

$18,582,262 (20.24%)

Working Capital

$78,615,000 (-40.76%)

$132,715,000 (1163.35%)

$10,505,000 (-48.79%)

$20,514,415 (161.83%)

Tangible Asset Value

$159,913,000 (-21.40%)

$203,442,000 (395.58%)

$41,051,000 (-7.34%)

$44,304,834 (100.40%)

Market Capitalization

$138,458,598 (54.33%)

$89,713,515 (-79.78%)

$443,756,250

-

Average Equity

$117,526,750 (-27.70%)

$162,553,000 (876.14%)

-$20,943,652 (74.43%)

-$81,919,034

Average Assets

$168,647,750 (-24.26%)

$222,655,250 (-18.00%)

$271,533,857 (603.75%)

$38,583,642

Invested Capital Average

$151,259,750 (45.43%)

$104,010,250 (-61.48%)

$270,042,951 (1486.79%)

$17,018,225

Shares

140,581,377 (14.27%)

123,030,054 (185.29%)

43,125,000

-