<p>在高风险的量子计算领域，Rigetti Computing（纳斯达克代码：RGTI）正处于金融风暴的中心。该公司的股价在过去一个月内暴跌了 16%，原因是截至 2024 年 12 月 31 日的三个月内出现了高达 1.53 亿美元的惊人净亏损。这一剧烈的下滑引发了人们对公司财务稳定性以及量子计算行业更广泛影响的质疑。</p>
<p><img src="https://imageproxy.pbkrs.com/https://lh-prod-oper-pub-opercenter.s3.amazonaws.com/discovery-image/compress-1a6be2b415d38001.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://lh-prod-oper-pub-opercenter.s3.amazonaws.com/discovery-image/compress-1a6be2b415d38001.png"/></p>
<p>量子计算行业是一个高风险、高回报的领域，像 Rigetti 这样的公司处于开发可能彻底改变行业的技术的前沿。然而，Rigetti Computing 最近的财务表现突显了开创这种尖端技术所面临的挑战和不确定性。该公司 1.53 亿美元的净亏损中包括 1.351 亿美元的非现金费用，涉及收益权和衍生权证负债的公允价值变动，凸显了推动创新边界所带来的财务压力。</p>
<p>Rigetti Computing 面临的财务挑战在量子计算行业并非独特。该领域的公司通常在长期内处于亏损状态，因为它们在研发上投入巨大。然而，Rigetti 的净亏损规模以及随之而来的股价下跌引发了人们对公司维持运营和继续投资于增长能力的担忧。</p>
<p>导致股价下跌的主要因素之一是市场情绪和投资者预期。Rigetti 的股票经历了显著的波动，过去六个月内股价飙升了 1140%，但从 52 周高点下跌了约 47%。这种波动反映了量子计算行业的高期望和投机性质。投资者密切关注公司的进展，任何表现不佳的迹象都可能导致剧烈的抛售。</p>
<p>Rigetti Computing 的财务表现也在股价下跌中发挥了重要作用。在 2024 财年，Rigetti 仅产生了 1080 万美元的收入，反映出其商业势头有限，因为它仍在改善其技术。这个收入数字与 30.4 亿美元的市值相比显得相当低，表明该股票的交易价格是其过去一年销售额的 182 倍。这一高估值表明市场对公司在不久的将来实现显著增长抱有很高的期望。</p>
<p>截至 2024 年 12 月 31 日的年度，公司运营和净亏损进一步突显了其面临的财务挑战。Rigetti 报告的运营亏损为 6850 万美元，净亏损为 2.01 亿美元。这些亏损虽然在高增长、研发密集的行业中是预期之内的，但也突显了公司在商业化其技术过程中所面临的财务挑战。</p>
<p>尽管面临这些挑战，Rigetti Computing 在技术上取得了显著进展，这可能为其长期成功奠定基础。该公司的最新 Ankaa-3 量子系统，经过广泛的硬件重新设计和卓越的性能，预计将为更广泛的客户采用打开大门。然而，市场对这一里程碑的反应褒贬不一，一些投资者质疑公司能否在短期内提供实用、可扩展的解决方案。</p>
<p>为了缓解这些财务挑战，Rigetti Computing 可以采取几种策略。公司可以通过扩大客户基础和多样化产品供应来增加收入。例如，Rigetti 与广达电脑的战略合作可能有助于加速超导量子计算的开发和商业化，进而可能带来新的收入来源。此外，向蒙大拿州立大学出售 Novera QPU 展示了公司进入学术市场的能力，这可能是一个宝贵的收入来源。</p>
<p>Rigetti 还可以努力降低运营费用，以改善财务稳定性。这可能涉及精简运营、优化供应链或与供应商谈判更好的条款。例如，公司已全额预付与 Trinity Capital, Inc.的贷款协议下所有剩余款项，这可能有助于降低利息支出并改善现金流。</p>
<p>利用战略合作伙伴关系也可以帮助 Rigetti 进入新市场、获取新技术和资源。公司与广达电脑的合作可能为其提供新的制造能力和分销渠道，这可能有助于其扩大运营规模并降低成本。</p>
<p>增加现金储备可以为未来的亏损提供财务缓冲。Rigetti 在截至 2024 年 12 月 31 日的三个月内，通过注册直接发行和完成市场股票发行，获得了 1.533 亿美元的净收益。这笔现金流入可能帮助公司资助其运营并投资于增长机会。</p>
<p>提高运营效率可以降低成本并增加盈利能力。公司成功地将 AI 驱动的 Rigetti QPU 与 Quantum Machines 的控制系统进行校准，展示了其利用先进技术改善运营的能力。</p>
<p>总之，尽管 Rigetti Computing 的净亏损为 1.53 亿美元，这对公司来说是一个重大财务挑战，但公司可以采取多种策略来缓解这些挑战，并改善其长期财务稳定性和投资者信心。通过增加收入、减少运营费用、利用战略合作伙伴关系、增加现金储备以及提高运营效率，Rigetti 可以为在量子计算行业的长期成功奠定基础。公司的技术进步和战略合作为增长提供了坚实的基础，但它需要应对财务挑战和市场预期，以实现其全部潜力。</p>

RGTI

<p>Rigetti Computing 的股价在 2024 年第四季度报告 153 百万美元的净亏损后下跌了 16%。该公司的收入仅为 1080 万美元，这引发了人们对其在量子计算领域高期望下财务稳定性的担忧。尽管在技术上取得了显著进展，Rigetti 仍面临维持运营和吸引投资的挑战。缓解财务压力的策略包括扩大客户基础、减少运营开支以及利用战略合作伙伴关系。最近通过股票销售获得的 1.533 亿美元的资金可能为未来的增长提供缓冲</p>

<p>In the high-stakes world of quantum computing, rigetti computing (NasdaqCM:RGTI) has found itself in the eye of a financial storm. The company's share price has plummeted by 16% in the last month, following a staggering net loss of $153 million for the three months ended December 31, 2024. This dramatic decline raises questions about the company's financial stability and the broader implications for the quantum computing industry.</p>
<div class="lb-trans"><p>在高风险的量子计算领域，Rigetti Computing（纳斯达克代码：RGTI）正处于金融风暴的中心。该公司的股价在过去一个月内暴跌了 16%，原因是截至 2024 年 12 月 31 日的三个月内出现了高达 1.53 亿美元的惊人净亏损。这一剧烈的下滑引发了人们对公司财务稳定性以及量子计算行业更广泛影响的质疑。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://lh-prod-oper-pub-opercenter.s3.amazonaws.com/discovery-image/compress-1a6be2b415d38001.png" alt="" original-src="https://lh-prod-oper-pub-opercenter.s3.amazonaws.com/discovery-image/compress-1a6be2b415d38001.png"/></p>
<p>The quantum computing sector is a high-risk, high-reward arena, where companies like Rigetti are at the forefront of developing technologies that could revolutionize industries. However, the recent financial performance of Rigetti Computing highlights the challenges and uncertainties that come with pioneering such cutting-edge technology. The company's net loss of $153 million, which includes $135.1 million of non-cash charges for the fair value change in the earn-out and derivative warrant liabilities, underscores the financial strain that comes with pushing the boundaries of innovation.</p>
<div class="lb-trans"><p>量子计算行业是一个高风险、高回报的领域，像 Rigetti 这样的公司处于开发可能彻底改变行业的技术的前沿。然而，Rigetti Computing 最近的财务表现突显了开创这种尖端技术所面临的挑战和不确定性。该公司 1.53 亿美元的净亏损中包括 1.351 亿美元的非现金费用，涉及收益权和衍生权证负债的公允价值变动，凸显了推动创新边界所带来的财务压力。</p>
</div><p>The financial challenges faced by Rigetti Computing are not unique in the quantum computing sector. Companies in this field often operate at a loss for extended periods as they invest heavily in research and development. However, the magnitude of Rigetti's net loss and the subsequent share price decline have raised concerns about the company's ability to sustain its operations and continue investing in growth.</p>
<div class="lb-trans"><p>Rigetti Computing 面临的财务挑战在量子计算行业并非独特。该领域的公司通常在长期内处于亏损状态，因为它们在研发上投入巨大。然而，Rigetti 的净亏损规模以及随之而来的股价下跌引发了人们对公司维持运营和继续投资于增长能力的担忧。</p>
</div><p>One of the primary factors contributing to the share price decline is market sentiment and investor expectations. Rigetti's stock has experienced significant volatility, with shares skyrocketing 1,140% over the past six months before declining about 47% from its 52-week high. This volatility is indicative of the high expectations and speculative nature of the quantum computing sector. Investors are closely monitoring the company's progress and any signs of underperformance can lead to sharp sell-offs.</p>
<div class="lb-trans"><p>导致股价下跌的主要因素之一是市场情绪和投资者预期。Rigetti 的股票经历了显著的波动，过去六个月内股价飙升了 1140%，但从 52 周高点下跌了约 47%。这种波动反映了量子计算行业的高期望和投机性质。投资者密切关注公司的进展，任何表现不佳的迹象都可能导致剧烈的抛售。</p>
</div><p>The financial performance of Rigetti Computing also plays a significant role in the share price decline. For the full year 2024, Rigetti generated only $10.8 million in revenue, reflecting limited commercial momentum as it continues to improve its technology. This revenue figure is significantly lower compared to the market capitalization of $3.04 billion, indicating that the stock is trading at an eye-watering 182 times its sales over the last year. This high valuation suggests that the market has high expectations for the company to deliver significant growth in the near future.</p>
<div class="lb-trans"><p>Rigetti Computing 的财务表现也在股价下跌中发挥了重要作用。在 2024 财年，Rigetti 仅产生了 1080 万美元的收入，反映出其商业势头有限，因为它仍在改善其技术。这个收入数字与 30.4 亿美元的市值相比显得相当低，表明该股票的交易价格是其过去一年销售额的 182 倍。这一高估值表明市场对公司在不久的将来实现显著增长抱有很高的期望。</p>
</div><p>The company's operating and net loss for the year ended December 31, 2024, further highlight the financial challenges it faces. Rigetti reported an operating loss of $68.5 million and a net loss of $201.0 million. These losses, while expected in a high-growth, research-intensive sector, highlight the financial challenges the company faces as it works towards commercializing its technology.</p>
<div class="lb-trans"><p>截至 2024 年 12 月 31 日的年度，公司运营和净亏损进一步突显了其面临的财务挑战。Rigetti 报告的运营亏损为 6850 万美元，净亏损为 2.01 亿美元。这些亏损虽然在高增长、研发密集的行业中是预期之内的，但也突显了公司在商业化其技术过程中所面临的财务挑战。</p>
</div><p>Despite these challenges, Rigetti Computing has made significant technological advancements that could position it for long-term success. The company's latest Ankaa-3 quantum system, featuring an extensive hardware redesign and superior performance, is expected to open the door for broader customer adoption. However, the market's reaction to this milestone has been mixed, with some investors questioning whether the company can deliver practical, scalable solutions in the near term.</p>
<div class="lb-trans"><p>尽管面临这些挑战，Rigetti Computing 在技术上取得了显著进展，这可能为其长期成功奠定基础。该公司的最新 Ankaa-3 量子系统，经过广泛的硬件重新设计和卓越的性能，预计将为更广泛的客户采用打开大门。然而，市场对这一里程碑的反应褒贬不一，一些投资者质疑公司能否在短期内提供实用、可扩展的解决方案。</p>
</div><p>To mitigate these financial challenges, Rigetti Computing can employ several strategies. The company can focus on increasing its revenue by expanding its customer base and diversifying its product offerings. For example, the company's strategic collaboration with Quanta Computer, Inc. could help accelerate the development and commercialization of superconducting quantum computing, potentially leading to new revenue streams. Additionally, the sale of a Novera QPU to Montana State University demonstrates the company's ability to tap into the academic market, which could be a valuable source of revenue.</p>
<div class="lb-trans"><p>为了缓解这些财务挑战，Rigetti Computing 可以采取几种策略。公司可以通过扩大客户基础和多样化产品供应来增加收入。例如，Rigetti 与广达电脑的战略合作可能有助于加速超导量子计算的开发和商业化，进而可能带来新的收入来源。此外，向蒙大拿州立大学出售 Novera QPU 展示了公司进入学术市场的能力，这可能是一个宝贵的收入来源。</p>
</div><p>Rigetti can also work on reducing its operational expenses to improve its financial stability. This could involve streamlining its operations, optimizing its supply chain, or negotiating better terms with suppliers. For instance, the company prepaid in full all remaining amounts owed under its loan agreement with Trinity Capital, Inc., which could help reduce its interest expenses and improve its cash flow.</p>
<div class="lb-trans"><p>Rigetti 还可以努力降低运营费用，以改善财务稳定性。这可能涉及精简运营、优化供应链或与供应商谈判更好的条款。例如，公司已全额预付与 Trinity Capital, Inc.的贷款协议下所有剩余款项，这可能有助于降低利息支出并改善现金流。</p>
</div><p>Leveraging strategic partnerships can also help Rigetti access new markets, technologies, and resources. The company's collaboration with Quanta Computer could provide it with access to new manufacturing capabilities and distribution channels, which could help it scale its operations and reduce its costs.</p>
<div class="lb-trans"><p>利用战略合作伙伴关系也可以帮助 Rigetti 进入新市场、获取新技术和资源。公司与广达电脑的合作可能为其提供新的制造能力和分销渠道，这可能有助于其扩大运营规模并降低成本。</p>
</div><p>Increasing cash reserves can provide a financial cushion against future losses. Rigetti received net proceeds of $153.3 million during the three months ended December 31, 2024, from the sale of 88.1 million shares of common stock through a registered direct offering and completion of its at-the-market equity offering. This influx of cash could help the company fund its operations and invest in growth opportunities.</p>
<div class="lb-trans"><p>增加现金储备可以为未来的亏损提供财务缓冲。Rigetti 在截至 2024 年 12 月 31 日的三个月内，通过注册直接发行和完成市场股票发行，获得了 1.533 亿美元的净收益。这笔现金流入可能帮助公司资助其运营并投资于增长机会。</p>
</div><p>Improving operational efficiency can reduce costs and increase profitability. The company's successful AI-powered calibration of a Rigetti QPU integrated with Quantum Machines’ control system demonstrates its ability to leverage advanced technologies to improve its operations.</p>
<div class="lb-trans"><p>提高运营效率可以降低成本并增加盈利能力。公司成功地将 AI 驱动的 Rigetti QPU 与 Quantum Machines 的控制系统进行校准，展示了其利用先进技术改善运营的能力。</p>
</div><p>In conclusion, while Rigetti Computing's net loss of $153 million is a significant financial challenge, the company can employ several strategies to mitigate these challenges and improve its long-term financial stability and investor confidence. By increasing its revenue, reducing its operational expenses, leveraging its strategic partnerships, increasing its cash reserves, and improving its operational efficiency, Rigetti can position itself for long-term success in the quantum computing industry. The company's technological advancements and strategic collaborations provide a solid foundation for growth, but it will need to navigate the financial challenges and market expectations to realize its full potential.</p>
<div class="lb-trans"><p>总之，尽管 Rigetti Computing 的净亏损为 1.53 亿美元，这对公司来说是一个重大财务挑战，但公司可以采取多种策略来缓解这些挑战，并改善其长期财务稳定性和投资者信心。通过增加收入、减少运营费用、利用战略合作伙伴关系、增加现金储备以及提高运营效率，Rigetti 可以为在量子计算行业的长期成功奠定基础。公司的技术进步和战略合作为增长提供了坚实的基础，但它需要应对财务挑战和市场预期，以实现其全部潜力。</p>
</div>

Rigetti Computing 的量子飞跃：净亏损 1.53 亿美元后股价下跌 16%