General form of registration statement for all companies including face-amount certificate companies

Equity Plans - (Tables)

v3.22.1
Equity Plans - (Tables) - Rigetti Computing, Inc [Member]
 3 Months Ended
Mar. 31, 2022
Schedule Of Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value [Table Text Block]
A summary of activity related to stock option is summarized as below (in thousands, except for share and per share data):
 
    
Number of
Options
    
Weighted-Average

Exercise Price
     
Average Remaining
Contractual Term
(In Years)
     
Aggregate Intrinsic
Value
  
Outstanding - December 31, 2021
      11,468,275     $ 0.36        8.1      $ 46,839  
Granted
      —            
Exercised
      (1,123,539 )    $ 0.27         $ 4,668  
Forfeited and expired
      (229,887 )    $ 0.27        
  
 
 
    
 
 
        
Outstanding - March 31, 2022
      10,114,849     $ 0.36        7.9      $ 60,885  
  
 
 
    
 
 
        
Exercisable - March 31, 2022
      5,645,220     $ 0.41        7.8      $ 33,229  
Schedule of Activity Related to Restricted Stock Units
A summary of activity related to RSUs is summarized as below:
 
    
Number of RSUs
     
Weighted-Average

Exercise Price
  
Balance at December 31, 2021
      5,388,455     
Granted
      3,905,871      $ 4.44  
Vested
      (952,127)     
Forfeited
      (217,311)     
  
 
 
     
Balance at March 31, 2022
      8,124,888     
  
 
 
     
Schedule Of Employee Service Share Based Compensation Allocation Of Recognized Period Costs
The table below summarizes the total stock compensation expenses for the three months ended March 31, 2022 and 2021:
 
    
Three Months Ended
March 31,
  
    
2022
     
2021
  
    
(In thousands)
  
Research and development
    $ 2,389      $ 340  
Selling and marketing
      441        32  
General and administrative
      8,651        225  
  
 
 
     
 
 
  
   $ 11,481      $ 597  
  
 
 
     
 
 
  
Schedule Of Share Based Payment Award Stock Options Valuation Assumptions The range of assumptions used in the Black-Scholes option-pricing model for options issued to employees during the three months ended March 31, 2021, are as follows:
 
    
March 31,
2021
  
Expected volatility
      46.8 % 
Weighted-average risk-free interest rate
      1.07 % 
Expected dividend yield
      —   % 
Expected term (in years)
      6.1 years