1. D-Wave's Leap platform is highlighted as a standout in quantum computing as a service, with a reliable quantum annealing system used by major industry players. 2. The integration of the Advantage2 processor and the reauthorization of the National Quantum Initiative Act are seen as catalysts for potential share price increase. 3. The 41% YoY growth in QCaaS revenue indicates a shift to stable, subscription-based income with significant clients. Risks include a six-month cash runway, ongoing dilution risks, and potential pullback before catalysts materialize.