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D-Wave Quantum (D-Wave Quantum) Other Current Assets : $2.57 Mil (As of Mar. 2024)


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What is D-Wave Quantum Other Current Assets?

D-Wave Quantum's other current assets for the quarter that ended in Mar. 2024 was $2.57 Mil.

D-Wave Quantum's quarterly other current assets increased from Sep. 2023 ($1.74 Mil) to Dec. 2023 ($1.92 Mil) and increased from Dec. 2023 ($1.92 Mil) to Mar. 2024 ($2.57Mil).

D-Wave Quantum's annual other current assets increased from Dec. 2021 ($2.35 Mil) to Dec. 2022 ($3.59 Mil) declined from Dec. 2022 ($3.59 Mil) to Dec. 2023 ($1.92 Mil).


D-Wave Quantum Other Current Assets Historical Data

The historical data trend for D-Wave Quantum's Other Current Assets 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.

* Premium members only.

D-Wave Quantum Other Current Assets Chart

D-Wave Quantum Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Other Current Assets
1.24 2.35 3.59 1.92

D-Wave Quantum Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.76 2.20 1.74 1.92 2.57

D-Wave Quantum Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.


D-Wave Quantum Other Current Assets Related Terms

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D-Wave Quantum (D-Wave Quantum) Business Description

Traded in Other Exchanges
Address
3033 Beta Avenue, Burnaby, BC, CAN, V5G 4M9
D-Wave Quantum Inc is engaged in the development and delivery of quantum computing systems, software, and services, and is also a commercial supplier of 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. Geographically, it derives a majority of its revenue from the United States.
Executives
Diane Nguyen officer: General Counsel 3033 BETA AVENUE, BURNABY A1 V5G4M9
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
Broad Street Principal Investments, L.l.c. 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Roger Biscay director 1545 RIVER PARK DRIVE, SUITE 210, SACRAMENTO CA 95815
Alan E Baratz director, officer: President & CEO 3033 BETA AVENUE, BURNABY A1 V5G 4M9
Gelderen Eduard Van director 3033 BETA AVENUE, BURNABY A1 V5G 4M9