D-Wave reported 179% revenue growth, but bookings fell 22%, and EBITDA losses widened to $71.8M QBTS faces cash burn, delayed revenue recognition and macro headwinds despite new deals and expansion QBTS shares have lost over 50% YTD, underperforming industry, sector, and S&P 500 declines D-Wave Quantum (( - Free Report) ) shares have fallen hard from their peak above $46 last October.