<p>在高風險的量子計算領域，Rigetti Computing（納斯達克代碼：RGTI）正處於金融風暴的中心。該公司的股價在過去一個月內暴跌了 16%，原因是截至 2024 年 12 月 31 日的三個月內出現了高達 1.53 億美元的驚人淨虧損。這一劇烈的下滑引發了人們對公司財務穩定性以及量子計算行業更廣泛影響的質疑。</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>量子計算行業是一個高風險、高回報的領域，像 Rigetti 這樣的公司處於開發可能徹底改變行業的技術的前沿。然而，Rigetti Computing 最近的財務表現突顯了開創這種尖端技術所面臨的挑戰和不確定性。該公司 1.53 億美元的淨虧損中包括 1.351 億美元的非現金費用，涉及收益權和衍生權證負債的公允價值變動，凸顯了推動創新邊界所帶來的財務壓力。</p>
<p>Rigetti Computing 面臨的財務挑戰在量子計算行業並非獨特。該領域的公司通常在長期內處於虧損狀態，因為它們在研發上投入巨大。然而，Rigetti 的淨虧損規模以及隨之而來的股價下跌引發了人們對公司維持運營和繼續投資於增長能力的擔憂。</p>
<p>導致股價下跌的主要因素之一是市場情緒和投資者預期。Rigetti 的股票經歷了顯著的波動，過去六個月內股價飆升了 1140%，但從 52 周高點下跌了約 47%。這種波動反映了量子計算行業的高期望和投機性質。投資者密切關注公司的進展，任何表現不佳的跡象都可能導致劇烈的拋售。</p>
<p>Rigetti Computing 的財務表現也在股價下跌中發揮了重要作用。在 2024 財年，Rigetti 僅產生了 1080 萬美元的收入，反映出其商業勢頭有限，因為它仍在改善其技術。這個收入數字與 30.4 億美元的市值相比顯得相當低，表明該股票的交易價格是其過去一年銷售額的 182 倍。這一高估值表明市場對公司在不久的將來實現顯著增長抱有很高的期望。</p>
<p>截至 2024 年 12 月 31 日的年度，公司運營和淨虧損進一步突顯了其面臨的財務挑戰。Rigetti 報告的運營虧損為 6850 萬美元，淨虧損為 2.01 億美元。這些虧損雖然在高增長、研發密集的行業中是預期之內的，但也突顯了公司在商業化其技術過程中所面臨的財務挑戰。</p>
<p>儘管面臨這些挑戰，Rigetti Computing 在技術上取得了顯著進展，這可能為其長期成功奠定基礎。該公司的最新 Ankaa-3 量子系統，經過廣泛的硬件重新設計和卓越的性能，預計將為更廣泛的客户採用打開大門。然而，市場對這一里程碑的反應褒貶不一，一些投資者質疑公司能否在短期內提供實用、可擴展的解決方案。</p>
<p>為了緩解這些財務挑戰，Rigetti Computing 可以採取幾種策略。公司可以通過擴大客户基礎和多樣化產品供應來增加收入。例如，Rigetti 與廣達電腦的戰略合作可能有助於加速超導量子計算的開發和商業化，進而可能帶來新的收入來源。此外，向蒙大拿州立大學出售 Novera QPU 展示了公司進入學術市場的能力，這可能是一個寶貴的收入來源。</p>
<p>Rigetti 還可以努力降低運營費用，以改善財務穩定性。這可能涉及精簡運營、優化供應鏈或與供應商談判更好的條款。例如，公司已全額預付與 Trinity Capital, Inc.的貸款協議下所有剩餘款項，這可能有助於降低利息支出並改善現金流。</p>
<p>利用戰略合作伙伴關係也可以幫助 Rigetti 進入新市場、獲取新技術和資源。公司與廣達電腦的合作可能為其提供新的製造能力和分銷渠道，這可能有助於其擴大運營規模並降低成本。</p>
<p>增加現金儲備可以為未來的虧損提供財務緩衝。Rigetti 在截至 2024 年 12 月 31 日的三個月內，通過註冊直接發行和完成市場股票發行，獲得了 1.533 億美元的淨收益。這筆現金流入可能幫助公司資助其運營並投資於增長機會。</p>
<p>提高運營效率可以降低成本並增加盈利能力。公司成功地將 AI 驅動的 Rigetti QPU 與 Quantum Machines 的控制系統進行校準，展示了其利用先進技術改善運營的能力。</p>
<p>總之，儘管 Rigetti Computing 的淨虧損為 1.53 億美元，這對公司來説是一個重大財務挑戰，但公司可以採取多種策略來緩解這些挑戰，並改善其長期財務穩定性和投資者信心。通過增加收入、減少運營費用、利用戰略合作伙伴關係、增加現金儲備以及提高運營效率，Rigetti 可以為在量子計算行業的長期成功奠定基礎。公司的技術進步和戰略合作為增長提供了堅實的基礎，但它需要應對財務挑戰和市場預期，以實現其全部潛力。</p>

RGTI

<p>Rigetti Computing 的股價在 2024 年第四季度報告 153 百萬美元的淨虧損後下跌了 16%。該公司的收入僅為 1080 萬美元，這引發了人們對其在量子計算領域高期望下財務穩定性的擔憂。儘管在技術上取得了顯著進展，Rigetti 仍面臨維持運營和吸引投資的挑戰。緩解財務壓力的策略包括擴大客户基礎、減少運營開支以及利用戰略合作伙伴關係。最近通過股票銷售獲得的 1.533 億美元的資金可能為未來的增長提供緩衝</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>在高風險的量子計算領域，Rigetti Computing（納斯達克代碼：RGTI）正處於金融風暴的中心。該公司的股價在過去一個月內暴跌了 16%，原因是截至 2024 年 12 月 31 日的三個月內出現了高達 1.53 億美元的驚人淨虧損。這一劇烈的下滑引發了人們對公司財務穩定性以及量子計算行業更廣泛影響的質疑。</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>量子計算行業是一個高風險、高回報的領域，像 Rigetti 這樣的公司處於開發可能徹底改變行業的技術的前沿。然而，Rigetti Computing 最近的財務表現突顯了開創這種尖端技術所面臨的挑戰和不確定性。該公司 1.53 億美元的淨虧損中包括 1.351 億美元的非現金費用，涉及收益權和衍生權證負債的公允價值變動，凸顯了推動創新邊界所帶來的財務壓力。</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 面臨的財務挑戰在量子計算行業並非獨特。該領域的公司通常在長期內處於虧損狀態，因為它們在研發上投入巨大。然而，Rigetti 的淨虧損規模以及隨之而來的股價下跌引發了人們對公司維持運營和繼續投資於增長能力的擔憂。</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>導致股價下跌的主要因素之一是市場情緒和投資者預期。Rigetti 的股票經歷了顯著的波動，過去六個月內股價飆升了 1140%，但從 52 周高點下跌了約 47%。這種波動反映了量子計算行業的高期望和投機性質。投資者密切關注公司的進展，任何表現不佳的跡象都可能導致劇烈的拋售。</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 的財務表現也在股價下跌中發揮了重要作用。在 2024 財年，Rigetti 僅產生了 1080 萬美元的收入，反映出其商業勢頭有限，因為它仍在改善其技術。這個收入數字與 30.4 億美元的市值相比顯得相當低，表明該股票的交易價格是其過去一年銷售額的 182 倍。這一高估值表明市場對公司在不久的將來實現顯著增長抱有很高的期望。</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，公司運營和淨虧損進一步突顯了其面臨的財務挑戰。Rigetti 報告的運營虧損為 6850 萬美元，淨虧損為 2.01 億美元。這些虧損雖然在高增長、研發密集的行業中是預期之內的，但也突顯了公司在商業化其技術過程中所面臨的財務挑戰。</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>儘管面臨這些挑戰，Rigetti Computing 在技術上取得了顯著進展，這可能為其長期成功奠定基礎。該公司的最新 Ankaa-3 量子系統，經過廣泛的硬件重新設計和卓越的性能，預計將為更廣泛的客户採用打開大門。然而，市場對這一里程碑的反應褒貶不一，一些投資者質疑公司能否在短期內提供實用、可擴展的解決方案。</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>為了緩解這些財務挑戰，Rigetti Computing 可以採取幾種策略。公司可以通過擴大客户基礎和多樣化產品供應來增加收入。例如，Rigetti 與廣達電腦的戰略合作可能有助於加速超導量子計算的開發和商業化，進而可能帶來新的收入來源。此外，向蒙大拿州立大學出售 Novera QPU 展示了公司進入學術市場的能力，這可能是一個寶貴的收入來源。</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 還可以努力降低運營費用，以改善財務穩定性。這可能涉及精簡運營、優化供應鏈或與供應商談判更好的條款。例如，公司已全額預付與 Trinity Capital, Inc.的貸款協議下所有剩餘款項，這可能有助於降低利息支出並改善現金流。</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>利用戰略合作伙伴關係也可以幫助 Rigetti 進入新市場、獲取新技術和資源。公司與廣達電腦的合作可能為其提供新的製造能力和分銷渠道，這可能有助於其擴大運營規模並降低成本。</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>增加現金儲備可以為未來的虧損提供財務緩衝。Rigetti 在截至 2024 年 12 月 31 日的三個月內，通過註冊直接發行和完成市場股票發行，獲得了 1.533 億美元的淨收益。這筆現金流入可能幫助公司資助其運營並投資於增長機會。</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>提高運營效率可以降低成本並增加盈利能力。公司成功地將 AI 驅動的 Rigetti QPU 與 Quantum Machines 的控制系統進行校準，展示了其利用先進技術改善運營的能力。</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>總之，儘管 Rigetti Computing 的淨虧損為 1.53 億美元，這對公司來説是一個重大財務挑戰，但公司可以採取多種策略來緩解這些挑戰，並改善其長期財務穩定性和投資者信心。通過增加收入、減少運營費用、利用戰略合作伙伴關係、增加現金儲備以及提高運營效率，Rigetti 可以為在量子計算行業的長期成功奠定基礎。公司的技術進步和戰略合作為增長提供了堅實的基礎，但它需要應對財務挑戰和市場預期，以實現其全部潛力。</p>
</div>

Rigetti Computing 的量子飛躍：淨虧損 1.53 億美元后股價下跌 16%