QBTS is on a tear in the last few days, but its market cap, is incredibly low if you consider its recent announcement: https://finance.yahoo.com/news/d-wave-announces-availability-1-120000956.html
"D-Wave Quantum Inc., a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced that the 1,200+ qubit Advantage2 prototype is now available via the company’s Leap real-time quantum cloud service."
Note that, even the giant IBM, can only demonstrate its Condor quantum computer with 1,121 Qubits in 2023. For a small company like D-Wave, to pull out such a stunt with 1,200+ Qubits for commercial service, that's quite an achievement.
Following closely behind, is its US competitor, the Rigetti Computing company (RGTI). If QBTS could fly so high today, don't expect RGTI to lay so low for much longer.
YMYD
