10-Q Filing

Rigetti Computing, Inc. CIK: 1838359 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001193125-22-290115`
Period End Date	20220930
Filing Date	20221122
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	d410696d10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 92 Cash Flow Statement 84 Stockholders Equity 58 Comprehensive Income 24

Balance Sheet 86 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`	10.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.73M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$73.84M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Available-for-sale investments	`MarketableSecuritiesCurrent`	-	USD	Point-in-time
Available-for-sale investments	`MarketableSecuritiesCurrent`	$87.19M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$2.29M	USD	Point-in-time
Common stock par or stated value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$1.54M	USD	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`	$1.35M	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
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.63M	USD	Point-in-time
Forward contract - assets	`ForwardContractAssetsCurrent`	-	USD	Point-in-time
Forward contract - assets	`ForwardContractAssetsCurrent`	$1.93M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	122.74M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	18.22M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	122.74M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	18.22M	shares	Point-in-time
Deferred offering costs	`DeferredCostsCurrent`	$742.00K	USD	Point-in-time
Deferred offering costs	`DeferredCostsCurrent`	$3.45M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	23.65M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$18.07M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$169.62M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$37.44M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$22.50M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$117.00K	USD	Point-in-time
Restricted cash	`RestrictedCash`	$317.00K	USD	Point-in-time
Other assets	`OtherAssets`	$129.00K	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`	$212.69M	USD	Point-in-time
Total assets	`Assets`	$46.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.73M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.97M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$6.93M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$3.81M	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$985.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$811.00K	USD	Point-in-time
Debt - current portion	`DebtCurrent`	$6.83M	USD	Point-in-time
Debt - current portion	`DebtCurrent`	$575.00K	USD	Point-in-time
Forward contract - liabilities	`ForwardContractLiabilities`	-	USD	Point-in-time
Forward contract - liabilities	`ForwardContractLiabilities`	$230.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.57M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.30M	USD	Point-in-time
Debt - net of current portion	`DebtNetOfCurrentPortion`	$23.00M	USD	Point-in-time
Debt - net of current portion	`DebtNetOfCurrentPortion`	$24.22M	USD	Point-in-time
Derivative warrant liabilities	`DerivativeLiabilitiesNoncurrent`	$4.36M	USD	Point-in-time
Derivative warrant liabilities	`DerivativeLiabilitiesNoncurrent`	$4.05M	USD	Point-in-time
Earn-out liabilities	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	-	USD	Point-in-time
Earn-out liabilities	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$3.00M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$436.00K	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$295.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$46.78M	USD	Point-in-time
Total Liabilities	`Liabilities`	$36.43M	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred Stock, par value $0.0001 per share; 10,000,000 shares and 0 shares authorized at September 30, 2022 and December 31, 2021, respectively; 0 shares and 0 shares issued and outstanding at September 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 September 30, 2022 and December 31, 2021, respectively; 0 shares and 0 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock*, par value $0.0001 per share; 1,000,000,000 shares and 134,050,472 shares authorized at September 30, 2022 and December 31, 2021, respectively; 122,739,804 shares and 18,221,069 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock*, par value $0.0001 per share; 1,000,000,000 shares and 134,050,472 shares authorized at September 30, 2022 and December 31, 2021, respectively; 122,739,804 shares and 18,221,069 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$12.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$135.55M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$422.20M	USD	Point-in-time
Accumulated other comprehensive gain (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-527.00K	USD	Point-in-time
Accumulated other comprehensive gain (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$52.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-255.78M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-207.13M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-57.94M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-48.83M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$163.98M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-39.37M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-32.26M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$165.91M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$170.10M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-71.53M	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$212.69M	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$46.43M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.92M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.80M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$6.82M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$7.04M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$446.00K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$2.06M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$776.00K	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$1.08M	USD	3 Qtrs
Total gross profit	`GrossProfit`	$5.74M	USD	3 Qtrs
Total gross profit	`GrossProfit`	$2.47M	USD	1 Quarter
Total gross profit	`GrossProfit`	$4.98M	USD	3 Qtrs
Total gross profit	`GrossProfit`	$2.03M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$21.91M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$44.04M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$7.48M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$17.36M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$782.00K	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$1.74M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$1.96M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$4.92M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.03M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.61M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$38.37M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.38M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$87.33M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$33.35M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$32.26M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$11.64M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-82.35M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-9.17M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-31.32M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-26.53M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.44M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.81M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.08M	USD	3 Qtrs
Interest expense	`InterestExpense`	$589.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.17M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.04M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$9.00K	USD	3 Qtrs
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$-8.10M	USD	1 Quarter
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$-19.85M	USD	3 Qtrs
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	-	USD	3 Qtrs
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Change in fair value of earn-out liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Change in fair value of earn-out liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-4.86M	USD	1 Quarter
Change in fair value of earn-out liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	3 Qtrs
Change in fair value of earn-out liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-17.42M	USD	3 Qtrs
Transaction costs	`TransactionCosts`	$927.00K	USD	3 Qtrs
Transaction costs	`TransactionCosts`	-	USD	1 Quarter
Transaction costs	`TransactionCosts`	-	USD	3 Qtrs
Transaction costs	`TransactionCosts`	-	USD	1 Quarter
Other income (expense)	`OtherIncome`	$-23.00K	USD	3 Qtrs
Other income (expense)	`OtherIncome`	-	USD	3 Qtrs
Other income (expense)	`OtherIncome`	-	USD	1 Quarter
Other income (expense)	`OtherIncome`	-	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$33.70M	USD	3 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-587.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$12.57M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-1.09M	USD	3 Qtrs
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.76M	USD	1 Quarter
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-48.65M	USD	3 Qtrs
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-27.62M	USD	3 Qtrs
Net loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-18.75M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.25M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.07M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-27.62M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-17.64M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-48.65M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-9.76M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.79M	USD	1 Quarter
Weighted average shares used in computing net loss per share attributable to common stockholders basic	`WeightedAverageNumberOfSharesOutstandingBasic`	95.69M	shares	3 Qtrs
Weighted average shares used in computing net loss per share attributable to common stockholders basic	`WeightedAverageNumberOfSharesOutstandingBasic`	118.57M	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to common stockholders basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.55M	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to common stockholders basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.13M	shares	3 Qtrs
Weighted average shares used in computing net loss per share attributable to common stockholders diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	95.69M	shares	3 Qtrs
Weighted average shares used in computing net loss per share attributable to common stockholders diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	118.57M	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to common stockholders diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.55M	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to common stockholders diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.13M	shares	3 Qtrs
Net loss per share attributed to common stockholdersbasic	`EarningsPerShareBasic`	$-0.16	USD	1 Quarter
Net loss per share attributed to common stockholdersbasic	`EarningsPerShareBasic`	$-0.51	USD	3 Qtrs
Net loss per share attributed to common stockholdersbasic	`EarningsPerShareBasic`	$-1.25	USD	3 Qtrs
Net loss per share attributed to common stockholdersbasic	`EarningsPerShareBasic`	$-0.43	USD	1 Quarter
Net loss per share attributed to common stockholdersdiluted	`EarningsPerShareDiluted`	$-0.16	USD	1 Quarter
Net loss per share attributed to common stockholdersdiluted	`EarningsPerShareDiluted`	$-0.43	USD	1 Quarter
Net loss per share attributed to common stockholdersdiluted	`EarningsPerShareDiluted`	$-0.51	USD	3 Qtrs
Net loss per share attributed to common stockholdersdiluted	`EarningsPerShareDiluted`	$-1.25	USD	3 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-48.65M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-27.62M	USD	3 Qtrs
Depreciation and amortization	`Depreciation`	$4.80M	USD	3 Qtrs
Depreciation and amortization	`Depreciation`	$3.63M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$37.64M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.64M	USD	3 Qtrs
Change in fair value of earn-out liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Change in fair value of earn-out liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-4.86M	USD	1 Quarter
Change in fair value of earn-out liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	3 Qtrs
Change in fair value of earn-out liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-17.42M	USD	3 Qtrs
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$-8.10M	USD	1 Quarter
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$-19.85M	USD	3 Qtrs
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	-	USD	3 Qtrs
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	-	USD	1 Quarter
Change in fair value of forward contract	`ChangeInFairValueOfForwardContract`	$-5.46M	USD	3 Qtrs
Change in fair value of forward contract	`ChangeInFairValueOfForwardContract`	-	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.07M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	-	USD	3 Qtrs
Accretion of available-for-sale securities	`DebtSecuritiesAvailableForSaleUnrealizedGainLoss`	-	USD	3 Qtrs
Accretion of available-for-sale securities	`DebtSecuritiesAvailableForSaleUnrealizedGainLoss`	$356.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$753.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-16.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$566.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$2.28M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$36.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$-35.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-604.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-174.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-694.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$343.00K	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities`	$848.00K	USD	3 Qtrs
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedExpensesAndOtherCurrentLiabilities`	$3.47M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$142.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-186.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-48.48M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-22.54M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.79M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.29M	USD	3 Qtrs
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$87.19M	USD	3 Qtrs
Purchases of available-for-sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-106.48M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.79M	USD	3 Qtrs
Proceeds from Business Combination, net of transaction costs paid	`ProceedsFromBusinessCombinationNetOfTransactionCostsPaid`	$225.60M	USD	3 Qtrs
Proceeds from Business Combination, net of transaction costs paid	`ProceedsFromBusinessCombinationNetOfTransactionCostsPaid`	-	USD	3 Qtrs
Transaction costs paid directly by Rigetti	`TransactionCostsPaid`	$18.42M	USD	3 Qtrs
Transaction costs paid directly by Rigetti	`TransactionCostsPaid`	-	USD	3 Qtrs
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$5.00M	USD	3 Qtrs
Proceeds from issuance of notes payable	`ProceedsFromNotesPayable`	$20.00M	USD	3 Qtrs
Payments on debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payments on debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$85.00K	USD	3 Qtrs
Payment on loan and security agreement exit fees	`PaymentOfLoanAndSecurityAgreementExitFees`	-	USD	3 Qtrs
Payment on loan and security agreement exit fees	`PaymentOfLoanAndSecurityAgreementExitFees`	$1.00M	USD	3 Qtrs
Proceeds from issuance of common stock upon exercise of stock options and warrants	`ProceedsFromIssuanceOfCommonStockUponExerciseOfStockOptionsAndWarrants`	$256.00K	USD	3 Qtrs
Proceeds from issuance of common stock upon exercise of stock options and warrants	`ProceedsFromIssuanceOfCommonStockUponExerciseOfStockOptionsAndWarrants`	$5.99M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$217.09M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$20.26M	USD	3 Qtrs
Effect of changes in exchange rate on cash and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.00K	USD	3 Qtrs
Effect of changes in exchange rate on cash and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-219.00K	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.04M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$61.91M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$73.95M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$16.36M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$24.39M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.05M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$73.95M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$16.36M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$24.39M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.05M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.08M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$2.74M	USD	3 Qtrs
Fair value of earn-out liability	`FairValueOfEarnOutLiabilities`	-	USD	Point-in-time
Fair value of earn-out liability	`FairValueOfEarnOutLiabilities`	$20.41M	USD	Point-in-time
Fair value of private placement and public warrants liability	`FairValueOfPrivatePlacementAndPublicWarrantsLiability`	$22.93M	USD	Point-in-time
Fair value of private placement and public warrants liability	`FairValueOfPrivatePlacementAndPublicWarrantsLiability`	-	USD	Point-in-time
Reclassification of loan and security agreement warrants to equity	`ExerciseOfLoanAndSecurityAgreementWarrants`	-	USD	3 Qtrs
Reclassification of loan and security agreement warrants to equity	`ExerciseOfLoanAndSecurityAgreementWarrants`	$6.37M	USD	3 Qtrs
Settlement of the first tranche of forward contract	`SettlementOfTheFirstTrancheOfForwardContract`	$3.31M	USD	3 Qtrs
Settlement of the first tranche of forward contract	`SettlementOfTheFirstTrancheOfForwardContract`	-	USD	3 Qtrs
Capitalization of deferred costs to equity upon share issuance	`CapitalizationOfDeferredCostsToEquityUponShareIssuance`	-	USD	3 Qtrs
Capitalization of deferred costs to equity upon share issuance	`CapitalizationOfDeferredCostsToEquityUponShareIssuance`	$1.10M	USD	3 Qtrs
Purchases of property and equipment recorded in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$449.00K	USD	3 Qtrs
Purchases of property and equipment recorded in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$240.00K	USD	3 Qtrs
Unrealized gain (loss) short term investments	`UnrealizedGainLossOnInvestments`	$-356.00K	USD	3 Qtrs
Unrealized gain (loss) short term investments	`UnrealizedGainLossOnInvestments`	-	USD	3 Qtrs

Stockholders Equity 58 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$-57.94M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-48.83M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$163.98M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-39.37M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-32.26M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$165.91M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$170.10M	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 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`	$574.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$139.00K	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	`StockIssuedDuringPeriodValueStockOptionsExercised`	$306.00K	USD	1 Quarter
Issuance of common stock upon exercise of stock options, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	2.48M	shares	3 Qtrs
Issuance of common stock upon exercise of legacy Rigetti common stock warrants	`StockSharesIssuedDuringThePeriodExerciseOfWarrantsValue`	$28.00K	USD	1 Quarter
Issuance of common stock through Business Combination and PIPE financing, net of transaction costs and derivative liabilities, as restated	`IssuanceOfCommonStockThroughBusinessCombinationAndPrivateInvestmentOfPublicEquityNetOfTransactionCostsAndDerivativeLiabilitiesValue`	$159.54M	USD	1 Quarter
Issuance of common stock upon exercise of common stock warrants	`IssuanceOfCommonStockUponExerciseOfCommonStockWarrants`	$9.00K	USD	1 Quarter
Issuance of common stock upon exercise of common stock warrants	`IssuanceOfCommonStockUponExerciseOfCommonStockWarrants`	$1.00K	USD	1 Quarter
Issuance of common stock upon exercise of common stock warrants	`IssuanceOfCommonStockUponExerciseOfCommonStockWarrants`	$5.01M	USD	1 Quarter
Reclassification of loan and security agreement warrants to equity	`AdjustmentsToAdditionalPaidInCapitalExerciseOfLoanAndSecurityAgreementWarrants`	$6.37M	USD	1 Quarter
Stock-Based Compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$597.00K	USD	1 Quarter
Stock-Based Compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$15.12M	USD	1 Quarter
Stock-Based Compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$518.00K	USD	1 Quarter
Stock-Based Compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$521.00K	USD	1 Quarter
Stock-Based Compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$11.04M	USD	1 Quarter
Stock-Based Compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$11.48M	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`	$250.00K	USD	1 Quarter
Capitalization of deferred costs to equity upon share issuance	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$848.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$9.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$44.00K	USD	3 Qtrs
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-270.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$38.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-223.00K	USD	3 Qtrs
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$52.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-626.00K	USD	1 Quarter
Net loss, as restated	`NetIncomeLoss`	$-12.25M	USD	1 Quarter
Net loss, as restated	`NetIncomeLoss`	$-10.07M	USD	1 Quarter
Net loss, as restated	`NetIncomeLoss`	$-27.62M	USD	3 Qtrs
Net loss, as restated	`NetIncomeLoss`	$-17.64M	USD	1 Quarter
Net loss, as restated	`NetIncomeLoss`	$-48.65M	USD	3 Qtrs
Net loss, as restated	`NetIncomeLoss`	$-9.76M	USD	1 Quarter
Net loss, as restated	`NetIncomeLoss`	$-18.75M	USD	1 Quarter
Net loss, as restated	`NetIncomeLoss`	$-7.79M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$-57.94M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-48.83M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$163.98M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-39.37M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-32.26M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$165.91M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$170.10M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-71.53M	USD	Point-in-time
Ending balance, shares	`SharesOutstanding`	113.81M	shares	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-12.25M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.07M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-27.62M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-17.64M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-48.65M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-9.76M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.79M	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$9.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$44.00K	USD	3 Qtrs
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-270.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$38.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-223.00K	USD	3 Qtrs
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$52.00K	USD	1 Quarter
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-356.00K	USD	1 Quarter
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	3 Qtrs
Change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-356.00K	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-9.76M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-27.57M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-19.38M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-49.23M	USD	3 Qtrs

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