D-Wave Quantum Inc. (QBTS) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.878 Good morning and welcome to the D-Wave first quarter 2026 earnings call. 00:00:04.878 -- 00:00:07.502 All participants will be in listen-only mode. 00:00:07.502 -- 00:00:12.069 Should you need assistance, please signal a conference specialist by pressing the star 00:00:12.069 -- 00:00:17.116 key followed by zero. After today's presentation, there will be an opportunity to ask 00:00:17.116 -- 00:00:22.724 questions. To ask a question, you may press star then one on a touch-tone phone. 00:00:22.724 -- 00:00:26.309 To withdraw your question, please press star then two. 00:00:26.309 -- 00:00:30.597 Please note this event is being recorded. I would now like to turn the conference over 00:00:30.597 -- 00:00:36.021 to Kevin Hunt, Investor Relations. Please go ahead. 00:00:36.644 -- 00:00:39.527 Thank you and good morning. With me today are Dr. 00:00:39.527 -- 00:00:44.493 Alan Barrett, our Chief Executive Officer, and John Markovich, our Chief Financial Officer. 00:00:44.493 -- 00:00:48.097 Before we begin, I would like to remind everyone that this call will contain forward-looking 00:00:48.097 -- 00:00:52.602 statements which are subject to risks and uncertainties and should be considered in conjunction 00:00:52.602 -- 00:00:56.766 with cautionary statements contained in our earnings release and the company's most recent 00:00:56.766 -- 00:00:59.515 periodic SEC reports. 00:00:59.515 -- 00:01:02.836 Both an on-demand webcast 00:01:02.879 -- 00:01:05.942 and a transcript of the conference call will be available on the investor relations section 00:01:05.942 -- 00:01:08.865 of the website within 48 hours after the call. 00:01:08.865 -- 00:01:11.868 During today's call, management will provide certain information that will constitute 00:01:...