Summary by Moomoo AI
On May 9, 2024, Rigetti Computing, Inc., a Delaware-incorporated company listed on the Nasdaq Capital Market under the symbol RGTI, filed a Form 8-K with the SEC to report its financial results for the first quarter of 2024. The company announced total revenues of $3.1 million and operating expenses of $18.1 million, resulting in an operating loss of $16.6 million and a net loss of $20.8 million for the quarter ended March 31, 2024. During this period, Rigetti raised $32.9 million through the sale of shares and reported cash, cash equivalents, and available-for-sale securities totaling $102.8 million as of March 31, 2024. Rigetti also highlighted technological advancements, including a 99.3% median 2-qubit gate fidelity on its 9-qubit Ankaa-class quantum system and plans to deploy an 84-qubit Ankaa-3 system by year...Show More