D-Wave Quantum Inc. (QBTS) Q2 2025 Earnings Call

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WEBVTT 00:00:00.000 -- 00:00:06.040 Good morning everyone and welcome to BeReeve's second quarter of fiscal year 2025 00:00:06.040 -- 00:00:11.900 earnings conference call. Today's conference call is being recorded. 00:00:11.900 -- 00:00:17.580 At this time, I would like to turn the call over to the Beth Nafis of Investor Relations. 00:00:17.580 -- 00:00:20.220 Please go ahead. 00:00:20.220 -- 00:00:23.200 Thank you and good morning. With me today are Dr. 00:00:23.200 -- 00:00:28.320 Alan Barrett, our Chief Executive Officer, and John Marcovich, our Chief Financial Officer. 00:00:28.320 -- 00:00:33.040 Before we begin, I would like to remind everyone that this call may contain forward-looking 00:00:33.040 -- 00:00:37.300 statements and should be considered in conjunction with cautionary statements contained 00:00:37.300 -- 00:00:42.840 in our earnings release and the company's most recent periodic SEC reports. 00:00:42.840 -- 00:00:46.760 During today's call, management will provide certain information that will constitute 00:00:46.760 -- 00:00:52.500 non-GAAP financial measures under SEC rules, such as non-GAAP growth profit, 00:00:52.500 -- 00:00:57.600 non-GAAP growth margin, and the test of EBITDA loss and operating metrics such as 00:00:57.600 -- 00:01:02.620 bookings. Record affiliations to GAAP financial measures and certain additional information 00:01:02.620 -- 00:01:07.060 are also included in today's earnings release, which is available on the Investor Relations 00:01:07.060 -- 00:01:11.380 section of our company's website at .beereevequantium.com. 00:01:12.480 -- 00:01:15.940 I will now hand the call over to Alan. 00:01:16.420 -- 00:01:20.860 Good morning everyone and thank you for joining us today. 00:01:20.860 -- 00:01:26.980 I'm once again really excit...