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Revenue Recognition (Tables)

v3.22.1
Revenue Recognition (Tables) - Rigetti Computing, Inc [Member]
 3 Months Ended
Mar. 31, 2022
Disaggregation of Revenue [Line Items]  
Summary of Disaggregation of Revenue
The following tables depict the disaggregation of revenue according to the type of good or service and timing of transfer of goods or services:
 
    
Three Months Ended
March 31,
  
    
2022
     
2021
  
Type of Goods or Service
   
(In thousands)
  
Collaborative research and other professional services
    $ 1,515      $ 1,603  
Access to quantum computing systems
      589        757  
  
 
 
     
 
 
  
Quantum computing components
    $ 2,104      $ 2,360  
  
 
 
     
 
 
  
Timing of Revenue Recognition
      
Revenue recognized at a point in time
    $ —        $ —    
Revenue recognized over time
      2,104        2,360  
  
 
 
     
 
 
  
   $ 2,104      $ 2,360  
  
 
 
     
 
 
  
Summary of Contract with Customer, Contract Asset, Contract Liability, and Receivable
Selected condensed consolidated balance sheet line items that reflect accounts receivable, contract assets and liabilities as of March 31, 2022 and December 31, 2021 were as follows:
 
    
March 31,
2022
     
December 31,
2021
  
    
(In thousands)
  
Trade receivables
    $ 1,147      $ 961  
Unbilled receivables
    $ 114      $ 581  
Deferred revenue
    $ (519 )     $ (985 ) 
Summary of Change in Contract with Customer, Asset and Liability
Changes in deferred revenue from contracts with customers were as follows:
 
    
March 31,
2022
  
    
(In thousands)
  
Balance at beginning of period
    $ (985 ) 
Deferral of revenue
      (92 ) 
Recognition of deferred revenue
      558  
  
 
 
  
Balance at end of period
    $ (519 )