Who is expecting them to be returning a profit at this stage? Only shareholders who dont understand emerging technology stocks and how the business strategy changed. the forecasts
May be if they had kept to just annealing where all their revenue is for the next few years they may be near breakeven but it is very low revenues still and you nee dto invest in marketing etc to roll out your deliverable solutions. I am impressed with their commercial customers.
heavy R&D needed to catchup with "regular" quantum as they presented on the call.
Sort of reminds me of PLUG power adding electrolysers to their mix and then going for manufacturing and diluting all the time (3 b now?) never turned a profit but in 2020 it was better than Tesla and hit $70.
Some of these quantum names are likely to be the next Meme stock so worth hanging there.
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