S-1 Filing

Rigetti Computing, Inc. CIK: 1838359

Filing Information

Form Type	S-1
Accession Number	`0001193125-22-223285`
Period End Date	20220630
Filing Date	20220817
Fiscal Year	N/A
Fiscal Period	N/A
XBRL Instance	d359545ds1_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 92 Cash Flow Statement 78 Stockholders Equity 44 Comprehensive Income 16

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	0.00	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash	`Cash`	$184.02M	USD	Point-in-time
Cash	`Cash`	$11.73M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$2.57M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$1.54M	USD	Point-in-time
Preferred stock, Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.25M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.35M	USD	Point-in-time
Common stock par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Forward contractassets	`ForwardContractAssetsCurrent`	$1.54M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	134.05M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Forward contractassets	`ForwardContractAssetsCurrent`	-	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	18.22M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	117.10M	shares	Point-in-time
Deferred offering costs	`DeferredCostsCurrent`	$3.45M	USD	Point-in-time
Deferred offering costs	`DeferredCostsCurrent`	-	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	18.22M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$192.38M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.07M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	117.10M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$22.50M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$30.58M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$317.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$117.00K	USD	Point-in-time
Other assets	`OtherAssets`	$130.00K	USD	Point-in-time
Other assets	`OtherAssets`	$165.00K	USD	Point-in-time
Goodwill	`Goodwill`	$5.38M	USD	Point-in-time
Goodwill	`Goodwill`	$5.38M	USD	Point-in-time
Total assets	`Assets`	$46.43M	USD	Point-in-time
Total assets	`Assets`	$228.59M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.52M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.97M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$3.81M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$4.43M	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$985.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$1.11M	USD	Point-in-time
Debtcurrent portion	`DebtCurrent`	$4.23M	USD	Point-in-time
Debtcurrent portion	`DebtCurrent`	$575.00K	USD	Point-in-time
Forward contractliabilities	`ForwardContractLiabilities`	$230.00K	USD	Point-in-time
Forward contractliabilities	`ForwardContractLiabilities`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.28M	USD	Point-in-time
Debtnet of current portion	`DebtNetOfCurrentPortion`	$25.20M	USD	Point-in-time
Debtnet of current portion	`DebtNetOfCurrentPortion`	$24.22M	USD	Point-in-time
Derivative warrant liabilities	`DerivativeLiabilitiesNoncurrent`	$8.94M	USD	Point-in-time
Derivative warrant liabilities	`DerivativeLiabilitiesNoncurrent`	$4.36M	USD	Point-in-time
Earn-out liabilities	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$8.93M	USD	Point-in-time
Earn-out liabilities	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$416.00K	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$295.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$54.77M	USD	Point-in-time
Total Liabilities	`Liabilities`	$36.43M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred Stock, par value $0.0001 per share; 10,000,000 shares and 0 shares authorized at June 30, 2022 and December 31, 2021, respectively; 0 shares and 0 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred Stock, par value $0.0001 per share; 10,000,000 shares and 0 shares authorized at June 30, 2022 and December 31, 2021, respectively; 0 shares and 0 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$11.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$401.29M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$135.55M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-207.13M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-227.57M	USD	Point-in-time
Accumulated other comprehensive gain	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$99.00K	USD	Point-in-time
Accumulated other comprehensive gain	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$52.00K	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-32.26M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-39.37M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$173.82M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$165.43M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-48.83M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-71.53M	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$46.43M	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$228.59M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.13M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$5.54M	USD	Annual
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$8.20M	USD	Annual
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.90M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$4.24M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.54M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$637.00K	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$365.00K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$873.00K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$1.29M	USD	2 Qtrs
Total gross profit	`GrossProfit`	$1.18M	USD	1 Quarter
Total gross profit	`GrossProfit`	$1.26M	USD	1 Quarter
Total gross profit	`GrossProfit`	$3.26M	USD	2 Qtrs
Total gross profit	`GrossProfit`	$2.95M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$14.43M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$25.08M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$7.50M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$12.63M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.23M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$12.79M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.71M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$24.34M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$957.00K	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$2.96M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$644.00K	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$1.49M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$10.85M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$20.62M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$26.91M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$52.39M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-49.44M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-17.36M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-25.64M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-9.68M	USD	1 Quarter
Interest expense, net of interest income	`InterestIncomeExpenseNonoperatingNet`	$-1.04M	USD	1 Quarter
Interest expense, net of interest income	`InterestIncomeExpenseNonoperatingNet`	$-405.00K	USD	1 Quarter
Interest expense, net of interest income	`InterestIncomeExpenseNonoperatingNet`	$-481.00K	USD	2 Qtrs
Interest expense, net of interest income	`InterestIncomeExpenseNonoperatingNet`	$-2.24M	USD	2 Qtrs
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$-8.69M	USD	1 Quarter
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	-	USD	2 Qtrs
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$-14.51M	USD	2 Qtrs
Change in fair value of earn-out liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	2 Qtrs
Change in fair value of earn-out liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Change in fair value of earn-out liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-17.66M	USD	2 Qtrs
Change in fair value of earn-out liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-8.02M	USD	1 Quarter
Transaction costs	`TransactionCosts`	$927.00K	USD	2 Qtrs
Transaction costs	`TransactionCosts`	-	USD	2 Qtrs
Transaction costs	`TransactionCosts`	-	USD	1 Quarter
Transaction costs	`TransactionCosts`	-	USD	1 Quarter
Other income (expense)	`OtherIncome`	$7.00K	USD	1 Quarter
Other income (expense)	`OtherIncome`	-	USD	2 Qtrs
Other income (expense)	`OtherIncome`	-	USD	1 Quarter
Other income (expense)	`OtherIncome`	$-23.00K	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$29.00M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$15.67M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-504.00K	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-398.00K	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.97M	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-20.44M	USD	2 Qtrs
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-10.07M	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-17.86M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-9.97M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-17.86M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-7.79M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.07M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-20.44M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-10.47M	USD	1 Quarter
Weighted average shares used in computing net loss per share attributable to common stockholders basic	`WeightedAverageNumberOfSharesOutstandingBasic`	21.98M	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to common stockholders basic	`WeightedAverageNumberOfSharesOutstandingBasic`	114.10M	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to common stockholders basic	`WeightedAverageNumberOfSharesOutstandingBasic`	84.06M	shares	2 Qtrs
Weighted average shares used in computing net loss per share attributable to common stockholders basic	`WeightedAverageNumberOfSharesOutstandingBasic`	16.23M	shares	Annual
Weighted average shares used in computing net loss per share attributable to common stockholders basic	`WeightedAverageNumberOfSharesOutstandingBasic`	21.91M	shares	2 Qtrs
Weighted average shares used in computing net loss per share attributable to common stockholders basic	`WeightedAverageNumberOfSharesOutstandingBasic`	17.15M	shares	Annual
Weighted average shares used in computing net loss per share attributable to common stockholders diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.06M	shares	2 Qtrs
Weighted average shares used in computing net loss per share attributable to common stockholders diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.23M	shares	Annual
Weighted average shares used in computing net loss per share attributable to common stockholders diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	17.15M	shares	Annual
Weighted average shares used in computing net loss per share attributable to common stockholders diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.98M	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to common stockholders diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	21.91M	shares	2 Qtrs
Weighted average shares used in computing net loss per share attributable to common stockholders diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	114.10M	shares	1 Quarter
Net loss per share attributed to common stockholdersbasic	`EarningsPerShareBasic`	$-0.82	USD	2 Qtrs
Net loss per share attributed to common stockholdersbasic	`EarningsPerShareBasic`	$-0.09	USD	1 Quarter
Net loss per share attributed to common stockholdersbasic	`EarningsPerShareBasic`	$-0.24	USD	2 Qtrs
Net loss per share attributed to common stockholdersbasic	`EarningsPerShareBasic`	$-0.46	USD	1 Quarter
Net loss per share attributed to common stockholdersdiluted	`EarningsPerShareDiluted`	$-0.24	USD	2 Qtrs
Net loss per share attributed to common stockholdersdiluted	`EarningsPerShareDiluted`	$-0.46	USD	1 Quarter
Net loss per share attributed to common stockholdersdiluted	`EarningsPerShareDiluted`	$-0.82	USD	2 Qtrs
Net loss per share attributed to common stockholdersdiluted	`EarningsPerShareDiluted`	$-0.09	USD	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-20.44M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-17.86M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$2.98M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$2.36M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$22.52M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.12M	USD	2 Qtrs
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$-8.69M	USD	1 Quarter
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	-	USD	2 Qtrs
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$-14.51M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$667.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	-	USD	2 Qtrs
Change in fair value of earnout liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	2 Qtrs
Change in fair value of earnout liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Change in fair value of earnout liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-17.66M	USD	2 Qtrs
Change in fair value of earnout liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-8.02M	USD	1 Quarter
Change in fair value of forward contract	`ChangeInFairValueOfForwardContract`	-	USD	2 Qtrs
Change in fair value of forward contract	`ChangeInFairValueOfForwardContract`	$-5.08M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.03M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$241.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$2.90M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$530.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$36.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$-34.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-119.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$123.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$709.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-882.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$122.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-192.00K	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities`	$692.00K	USD	2 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities`	$967.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-35.09M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-14.10M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.74M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.64M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.64M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.74M	USD	2 Qtrs
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$20.00M	USD	2 Qtrs
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$5.00M	USD	2 Qtrs
Payments on debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$85.00K	USD	2 Qtrs
Payments on debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$217.77M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$20.12M	USD	2 Qtrs
Proceeds from Business Combination, net of transaction costs paid	`ProceedsFromBusinessCombinationNetOfTransactionCostsPaid`	-	USD	2 Qtrs
Proceeds from Business Combination, net of transaction costs paid	`ProceedsFromBusinessCombinationNetOfTransactionCostsPaid`	$225.60M	USD	2 Qtrs
Transaction costs paid directly by Rigetti	`TransactionCostsPaid`	$17.43M	USD	2 Qtrs
Transaction costs paid directly by Rigetti	`TransactionCostsPaid`	-	USD	2 Qtrs
Payment on loan and security agreement exit fees	`PaymentOfLoanAndSecurityAgreementExitFees`	$1.00M	USD	2 Qtrs
Payment on loan and security agreement exit fees	`PaymentOfLoanAndSecurityAgreementExitFees`	-	USD	2 Qtrs
Proceeds from issuance of common stock upon exercise of stock options and warrants	`ProceedsFromIssuanceOfCommonStockUponExerciseOfStockOptionsAndWarrants`	$5.67M	USD	2 Qtrs
Proceeds from issuance of common stock upon exercise of stock options and warrants	`ProceedsFromIssuanceOfCommonStockUponExerciseOfStockOptionsAndWarrants`	$117.00K	USD	2 Qtrs
Effect of changes in exchange rate on cash and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.00K	USD	2 Qtrs
Effect of changes in exchange rate on cash and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.00K	USD	2 Qtrs
Net increase in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$172.09M	USD	2 Qtrs
Net increase in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.32M	USD	2 Qtrs
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$26.71M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$24.39M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.05M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$184.14M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$26.71M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$24.39M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.05M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$184.14M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$488.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$1.71M	USD	2 Qtrs
Fair value of loan and security agreement warrant liability	`FairValueOfLoanAndSecurityAgreementAndWarrantLiability.`	$22.49M	USD	Point-in-time
Fair value of earn-out liability	`FairValueOfEarnOutLiabilities`	-	USD	Point-in-time
Fair value of earn-out liability	`FairValueOfEarnOutLiabilities`	$26.58M	USD	Point-in-time
Fair value of private placement and public warrants liability	`FairValueOfPrivatePlacementAndPublicWarrantsLiability`	-	USD	Point-in-time
Exercise of loan and security agreement warrants	`ExerciseOfLoanAndSecurityAgreementWarrants`	-	USD	2 Qtrs
Exercise of loan and security agreement warrants	`ExerciseOfLoanAndSecurityAgreementWarrants`	$6.37M	USD	2 Qtrs
Settlement of the first tranche of forward contract	`SettlementOfTheFirstTrancheOfForwardContract`	-	USD	2 Qtrs
Settlement of the first tranche of forward contract	`SettlementOfTheFirstTrancheOfForwardContract`	$3.31M	USD	2 Qtrs
Capitalization of deferred costs to equity upon share issuance	`CapitalizationOfDeferredCostsToEquityUponShareIssuance`	$848.00K	USD	2 Qtrs
Capitalization of deferred costs to equity upon share issuance	`CapitalizationOfDeferredCostsToEquityUponShareIssuance`	-	USD	2 Qtrs
Purchases of property and equipment recorded in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$664.00K	USD	2 Qtrs
Purchases of property and equipment recorded in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$428.00K	USD	2 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$-32.26M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-39.37M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$173.82M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$165.43M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-48.83M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-71.53M	USD	Point-in-time
Beginning balance, shares	`SharesOutstanding`	113.81M	shares	Point-in-time
Issuance of common stock upon conversion of legacy Series C and Series C-1 preferred stock in connection with the Business Combination	`ReclassificationsOfTemporaryToPermanentEquity`	$81.52M	USD	1 Quarter
Issuance of Common Stock Warrants to Investors	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$1.20M	USD	2 Qtrs
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$574.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$26.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$90.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$62.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.35M	shares	2 Qtrs
Issuance of common stock upon exercise of legacy Rigetti common stock warrants	`StockSharesIssuedDuringThePeriodExerciseOfWarrantsValue`	$28.00K	USD	1 Quarter
Stock-Based Compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$11.48M	USD	1 Quarter
Stock-Based Compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$521.00K	USD	1 Quarter
Stock-Based Compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$597.00K	USD	1 Quarter
Stock-Based Compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$11.04M	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$38.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$50.00K	USD	2 Qtrs
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$52.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$9.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$47.00K	USD	2 Qtrs
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.97M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-17.86M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-7.79M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.07M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-20.44M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-10.47M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$-32.26M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-39.37M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$173.82M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$165.43M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-48.83M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-71.53M	USD	Point-in-time
Ending balance, shares	`SharesOutstanding`	113.81M	shares	Point-in-time
Issuance of common stock through Business Combination and PIPE financing, net of transaction costs and derivative liabilities	`IssuanceOfCommonStockThroughBusinessCombinationAndPrivateInvestmentOfPublicEquityNetOfTransactionCostsAndDerivativeLiabilitiesValue`	$153.81M	USD	1 Quarter
Issuance of common stock upon exercise of common stock warrants	`IssuanceOfCommonStockUponExerciseOfCommonStockWarrants`	$5.01M	USD	1 Quarter
Issuance of common stock upon exercise of common stock warrants	`IssuanceOfCommonStockUponExerciseOfCommonStockWarrants`	$1.00K	USD	1 Quarter
Reclassification of loan and security agreement warrants to equity	`AdjustmentsToAdditionalPaidInCapitalExerciseOfLoanAndSecurityAgreementWarrants`	$6.37M	USD	1 Quarter
Settlement of the first tranche of forward contract	`AdjustmentsToAdditionalPaidInCapitalSettlementOfTheFirstTrancheOfForwardContract`	$-3.31M	USD	1 Quarter
Capitalization of deferred costs to equity upon share issuance	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$848.00K	USD	1 Quarter

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-9.97M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-17.86M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-7.79M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.07M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-20.44M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-10.47M	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$38.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$50.00K	USD	2 Qtrs
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$52.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$9.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$47.00K	USD	2 Qtrs
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-17.81M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-10.08M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-9.94M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-20.40M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.