Shares of QBTS stock can be purchased through any online brokerage account. D-Wave Systems Summary. Most of the internal engineering goes into making sure that the Qubits, held at the bottom are cooled to a very low temperature. This pap, Popular Mobile Games You Must Play In 2023, NYSE - Nasdaq Real Time Price. D-Wave expects to raise as much as $340 million through the transaction. D-Wave Quantum stock price target cut to $2 from $4 at Benchmark Apr. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our. More importantly, how does this reconcile with the below statement taken from D-Waves press release on their SPAC debut (our emphasis in bold)? Search for and run working examples by industry, problem type, and tools or techniques. The company's quantum solutions are used in artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. D-Wave Systems is registered under the ticker NYSE:QBTS . Based on those numbers, we can imply that D-Wave brought in a paltry $5 million in revenues for 2021 after having developed multiple versions of their quantum computer over the years including a 5,000-qubit model in 2019. Morgan Stanley is serving as the financial advisor to D-Wave, while Citigroup is serving as the capital markets advisor to DPCM. Their QBTS share price forecasts range from $2.00 to $10.00. D-Wave Quantum has received a consensus rating of Buy. Finding a computer that can solve extremely difficult problems is one appeal of quantum computing. Then most recently, announced that he developed an algorithm that can solve the same problem inminutes. By providing your email address below, you are providing consent to D-Wave Systems Inc. to send you the requested Investor Email Alert updates. The protection of our customers’ data is paramount, and we’re committed to initiatives like SOC 2 to ensure commercial-grade security measures are established and regularly reviewed.” Established by the American Institute of Certified Public Accountants (AICPA), the SOC 2 examination is designed for organizations of any size, regardless of industry and scope, to ensure the personal assets of their potential and existing customers are protected. BURNABY, British Columbia & PALO ALTO, Calif., April 27, 2023--D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the only commercial provider building both annealing and gate-model quantum computers, today announced the successful completion of its SOC 2 Type 1 audit as of March 13, 2023, as it . You can contact us at [email protected]. Turns out we were wrong. Lets say D-Wave manages to do what most SPACs cant and hits their forecasted revenue target $11 million for 2022. Watch Now, Discover how you can use quantum computing today. Its common stock, units, and warrants began trading on the NYSE on Oct. 23, 2020, under the ticker symbols XPOA, XPOA.U and XPOA WS, respectively. Auto major Volkswagen AG (VOWG_p.DE), software firm Accenture (ACN.N) and defense systems maker Lockheed Martin (LMT.N) are among D-Wave's blue-chip customers. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. D-Wave Systems (also known as D-Wave Quantum) is a company that designs and manufactures quantum computing and superconducting electronics. Who are D-Wave Quantum's major shareholders? We are the practical quantum computing company. The company issued revenue guidance of $12.00 million-$13.00 million, compared to the consensus revenue estimate of $17.50 million. D-Wave Successfully Completes SOC 2 Audit. By providing your email address below, you are providing consent to D-Wave Systems Inc. to send you the requested Investor Email Alert updates. There are currently no items in this Watchlist. D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. Also note that of these three names, only IONQ has managed to complete their SPAC so far. All quotes delayed a minimum of 15 minutes. Contracts, backlog, MOUs, and other labels of their ilk are not revenues. The SOC 2 audit was conducted by leading compliance assessor A-LIGN, a technology-enabled security and compliance partner trusted by more than 2,500 global organizations to help mitigate cybersecurity risks. The Top 3 Growth Stocks in Quantum Computing, 12 Information Technology Stocks Moving In Thursday's Intraday Session, D-Wave Quantum's AI/ML Commercialization Strategy Wins Analyst Conviction; Expects Continued Momentum, EXCLUSIVE: D-Wave Launches Initiative To Accelerate AI/ML Workflows, Expand Quantum Cloud Service to Israel, 12 Information Technology Stocks Moving In Monday's Pre-Market Session. & PALO ALTO, Calif., August 05, 2022--DPCM Capital today announced the completion of its business combination with D-Wave Systems Inc., enabling shares of stock to be traded on the NYSE. Company Type For Profit. Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. (844) 978-6257. Under the terms of the definitive transaction agreement, the combin Stock Price. We also cant ignore the large tech giants that have been sinking billions of dollars into quantum computing, not to mention the many quantum computing startups out there that have yet to show their cards. Is D-Wave stock going to be worth a lot more in the future? For D-Wave stock to be worth more in the future, unless it changes technology, you must believe it can continue to develop its Quantum Annealers to increase their power so they can solve real world problems better than their competitors (existing classical supercomputers). If you experience any issues with this process, please contact us for further assistance. In order to justify an investment in D-Wave stock via 180 Degree Capital Corp, one needs to believe two fundamental things: Heres the full list of their stock investments, scraped from their 10Ks. D-Wave's investor presentation transcript goes on to talk about how they onboard clients through three phases of professional services: $50,000 for a two-month engagement to help customers understand which application or applications can most benefit from quantum systems. Visit a quote page and your recently viewed tickers will be displayed here. This browser is no longer supported at MarketWatch. At D-Wave Systems Inc., we promise to treat your data with respect and will not share your information with any third party. Intraday Data provided by FACTSET and subject to terms of use. Become a Nanalyze Premium member and find out today! A-LIGN uniquely delivers a single-provider approach as a licensed SOC 1 and SOC 2 Assessor, accredited ISO 27001, ISO 27701 and ISO 22301 Certification Body, HITRUST CSF Assessor firm, accredited FedRAMP 3PAO, candidate CMMC C3PAO, and Qualified Security Assessor Company. Please log in to your account or sign up in order to add this asset to your watchlist. See Top Rated MarketRank Stocks Here About D-Wave Quantum (NYSE:QBTS) Stock A SOC 2 audit is a statement about an organization’s commitment to protecting their information,” said Stephanie Oyler-Rankin, SOC Practice Lead at A-LIGN. Why doesnt D-Wave provide historical revenues? Amount of Analyst Coverage D-Wave Quantum has only been the subject of 2 research reports in the past 90 days. D-Wave Systems Inc., the world's first commercial quantum computing company, today announced that it has closed $30 million in funding from both new and existing investors including Goldman Sachs . View institutional ownership trends. When is D-Wave Quantum's next earnings date? Our daily ratings and market update email newsletter. But it seems unlikely that clients are only being charged a minimum amount, or are only using one app, so theres a strong likelihood that theres some customer concentration risk here. Should You Be Too? REUTERS/Stephen Lam. You have already added five stocks to your watchlist. D-Wave Quantum NYSE:QBTS Stock Report Last Price US$0.56 Market Cap US$71.2m 7D 12.0% 1Y -94.3% Updated 23 Apr, 2023 Data Company Financials + 5 Analysts QBTS Stock Overview D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. Their stock opened with $10.00 in its Aug 8, 2022 IPO. We have focussed on the latter for brevity. Company summary. Its making good progress on paper (see the table above on commercial developments) but its hard to know if this will really translate to computers that beat classical supercomputers. According to the company, about 50% of total revenues come from their primary business model a cloud-based recurring revenue platform-as-a-service model and the other half comes from professional services. Cookie Notice (). Receive QBTS Stock News and Ratings via Email, May 1, 2023|Metals Research Report (Ad). Is the 149% Dividend for ZIM Integrated Shipping in Jeopardy? Nonetheless, D-Waves systems are already being used multiple large corporates including Lockheed Martin, Google, NASA and Volkswagen. D-Wave is a private company, headquartered in British Columbia, which develops and sells Quantum Computers and associated software and services. The Quantum Insider is the leading provider of media and market intelligence on the quantum technology industry. 2023-03-24. Valuation of quantum computer maker D-Wave slashed by more than half after company struggles to raise financing - The Globe and Mail Skip to main content Subscribefrom $1.99/week Register. We will not release or resell your information to third parties without your permission. See. D-Wave Quantum, Inc. engages in the development and delivery of quantum computing systems, software, and services. Your email address will not be published. The industry leader for online information for tax, accounting and finance professionals. Audit furthers company’s commitment to security as it looks to accelerate commercial adoption of practical quantum computing solutions. We had high hopes for D-Wave over the years having written a handful of popular articles about how retail investors might indirectly invest in the company. D-Wave Quantum's stock was trading at $1.44 at the beginning of the year. Until the three quantum computing stocks on offer IonQ, D-Wave, and Rigetti achieve meaningful revenues of $10 million per annum or more, were avoiding them. ET by Tomi Kilgore Technology Honeywell's Quantum-Computing Business Names a New Leader Feb. 14,. Figuring out a way to cut the cake while satisfying everyones desires is a problem so complex that computer scientists have been working on it for years. You may be surprised to learn that our enterprise customers have already built more than 250 early quantum applications across many industries. At D-Wave Systems Inc., we promise to treat your data with respect and will not share your information with any third party. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery . Unlock your quantum skills and start building quantum applications today. After submitting your request, you will receive an activation email to the requested email address. Tesla Inc. stock falls Monday, underperforms market, Bank of America Corp. stock underperforms Monday when compared to competitors, Microsoft Corp. stock underperforms Monday when compared to competitors, Alphabet Inc. Cl A stock falls Monday, underperforms market, Apple Inc. stock outperforms market despite losses on the day, Netflix Inc. stock underperforms Monday when compared to competitors, Meta Platforms Inc. stock outperforms competitors on strong trading day, Amazon.com Inc. stock falls Monday, underperforms market, Yellen says debt-ceiling measures could run out by June 1, D-Wave Quantum stock price target cut to $2 from $4 at Benchmark, Honeywells Quantum-Computing Business Names a New Leader. His prediction that software companies would be the next big opportunity came true with the emergence of firms like Amazon, Google, and Airbnb. Anyone who tells you otherwise is stalling. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. The consensus among Wall Street equities research analysts is that investors should "buy" QBTS shares. BY Fraser Tennant In a combination that will take it public, Canadian Quantum computing business D-Wave Systems Inc. is to merge with special purpose acquisition company (SPAC) DPCM Capital, Inc. in a transaction valued at $1.6bn. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Its not yet clear whether these buyers are making the investment for immediate practical applications (Volkswagen claim to be working on traffic eradication with their products) or whether they are experimenting with the technology so they have the knowledge and know-how for if and when the systems can offer performance better than classical super computers. The fund had a torrid ride from its heights in 2004, was renamed 180 Degree Capital Corp in 2017, and repositioned itself as investing in publicly traded stocks, taking activist positions. Our 3 Top Picks. The company provided earnings per share guidance of for the period. Until commercial customers are willing to pay meaningful amounts of money to access quantum computing software or hardware, traction has not been demonstrated. Expand your knowledge of quantum computing and get started building quantum applications today. The below chart was taken from the investor deck that accompanied D-Waves decision to go public using a special purpose acquisition company (SPAC) called DPCM Capital, Inc. (XPOA). Our singular focus is to help customers achieve real value by using quantum computing for practical business applications. 180 Degree Capital Corp was originally called Harris & Harris Group. From its inception, D-Wave has focused on delivering products and services that provide the fastest path to practical, real-world, value-creating applications for our customers. Market Capitalization. Founded in 1999, D-Wave provides real-time, full-stack quantum systems that power hardware engineering, post-processing software and chip fabrication. Canadian quantum computer maker D-Wave Systems Inc. is merging with a blank-check firm created by former Uber Technologies Inc. executive Emil Michael in a transaction giving the combined company . In this press release from January 2017, reference is made to Harris & Harris owning between 2.5 and 5.0% of D Wave. Export data to Excel for your own analysis. When we talk about quantum computing, we need to recognize that solving difficult problems doesnt just come from developing a chip that operates at sub-zero temperatures. Their latest funding was raised on Aug 23, 2022 from a Grant round. View QBTS analyst ratings or view top-rated stocks. Envy-free cake-cutting is just one of many computer science problems that have yet to be completely solved. Should I buy or sell D-Wave Quantum stock right now? Now thats a quantum advantage. [1/2]A D-Wave 2X quantum computer is pictured during a media tour of the Quantum Artificial Intelligence Laboratory (QuAIL) at NASA Ames Research Center in Mountain View, California December 8, 2015. Parent company D-Wave Quantum Inc. to begin trading under the ticker symbol "QBTS" and ring the New York Stock Exchange opening bell on August 8, 2022 at 9:30am ET D-Wave Demonstrates First-Ever Coherent Quantum Spin Glass Dynamics on More than 5,000 Qubits, Qubits 2023: See how D-Wave is fueling the commercialization of quantum computing, Learn how quantum computing fits into your technology portfolio, Get started building real quantum applications, Explore the boundaries of quantum computing, Discover quantum computing for manufacturing, logistics, and beyond, Discover quantum computing for financial institutions, Discover quantum computing for pharma, biotech, and life sciences, The only full-stack, cross-platform quantum ecosystem built for business, The Leap quantum cloud service provides real-time quantum access, The Advantage quantum system is the first and only quantum computer built for business, The D-Wave Launch program on-boards your business to quantum computing, The Ocean suite of open-source tools are accessible via the Ocean SDK for rapid quantum development. [email protected] D-Wave Quantum does not currently pay a dividend. After that, D-Wave moves the client into full production where they charge between $500,000 and a million dollars per year, per application. Well only know when that information is made available in SEC filing documents. There are currently 5 buy ratings for the stock. Stockhouse.com is owned by Stockhouse Publishing Ltd. 2019 Stockhouse Publishing Ltd. All rights reserved. Welcome to OurGlobal Community of Tech Investors. Tech investing is extremely risky. We also use them to share usage information with our partners. BURNABY, British Columbia & PALO ALTO, Calif., April 27, 2023--D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the only commercial provider building both annealing and gate-model quantum computers, today announced the successful completion of its SOC 2 Type 1 audit as of March 13, 2023, as it looks to rapidly accelerate the commercial adoption of its quantum computing solutions. We tend to stray away from deep technical explanations (and will let D-Wave do the talking), so let it suffice to say that this system can be used for solving optimisation problems that take a long time to compute classically, by searching over the full space of possibilities and finding a global minimum (i.e. You can sign up for additional alert options at any time. April 17, 2023|markets.businessinsider.com. the optimal solution), without having to try every single option. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Create a list of the investments you want to track. Historical and current end-of-day data provided by FACTSET. The company can be reached via phone at 604-630-1428 or via email at [email protected]. If you are interested in viewing D-Wave’s SOC 2 report, contact [email protected]. Buy now, pay later arrangements as well as bonus from results arrangements could be at play, making high client numbers and low current revenues appear only appear to be a deception. Analysts Offer Insights on Technology Companies: D-Wave Quantum (QBTS), Byrna Technologies (BYRN) and Netflix (NFLX), 12 Information Technology Stocks Moving In Friday's Intraday Session, Why Teva Pharmaceutical Shares Are Trading Lower By 11%? Whilst we cant see in to the investment committees of Venture Capitalists, our understanding is that they see D-Waves stock as providing the most timely avenue to monetisation. D-Waves investor presentation transcript goes on to talk about how they onboard clients through three phases of professional services: So, onboarding a single client takes one year and generates $750,000 in revenues. D-Wave Quantum's mailing address is 382 NE 191 STREET SUITE 24148, MIAMI FL, 33179. Famed venture capitalist Marc Andreessen wrote in 2011 that software would eat the world. At the time it led the Series B round in to D-Wave it was focussed on investing in private stocks. SCALE AI and PSP Investments are the most . D-Wave Quantum, Inc. engages in the development and delivery of quantum computing systems, software, and services. Connect with and learn from other quantum developers. You must click the activation link in order to complete your subscription. So is there a way to get in on the action? BURNABY, British Columbia & PALO ALTO, Calif., April 19, 2023--D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and servicesand the only provider building both annealing and gate-model quantum computers, today published a peer-reviewed milestone paper showing the performance of its 5,000 qubit Advantage quantum computer is significantly faster than classical compute on 3D spin glass optimization problems, an intractable class of optimization problems. Excluding any revenue they will inevitably aim to get from ancillaries such as software and services you have to believe they can sell quite a lot. As a trusted third-party assessment firm, A-LIGN independently evaluates client data processes and procedures, governance on internal controls and security posture. Privacy Notice | Identify stocks that meet your criteria using seven unique stock screeners. Mirion Launches New Branding, Reflecting Comprehensive Solutions and Services Across Science Canada Jetlines Signs Contract with Canadian CFL teams Hamilton Tiger-Cats & Ottawa REDBLACKS, Tap into the Growing Demand for Alternative & Natural Healthcare - Download Insights Report Here, Anatomy of a Flagship Asset: Western Copper and Gold's (TSX:WRN) Casino Project, Delta 9 Cannabis (TSX:DN) signs Grow Pod contract for Alabama cultivation facility, Happy Belly (CSE:HBFG) signs franchise agreement for HEAL Wellness restaurants in Alberta, Rugby Resources (TSXV:RUG) discovers new copper zones at the Cobrasco Project, Teako Minerals Corp. (CSE:TMIN) launches the Service Alliance, JPMorgan Chase (NYSE:JPM) to buy First Republic Bank, Your access to prolific gold and silver districts with a revenue producing mill, MAX Power (CSE:MAXX) acquires lithium exploration permits in Arizona. mesurer votre utilisation de nos sites et applications. $0.5. Exclusive news, data and analytics for financial market professionals. Get short term trading ideas from the MarketBeat Idea Engine. The private biz will change its name to D-Wave Quantum Inc. and will receive about $340m in funding. For more information, visit www.A-LIGN.com. What is D-Wave Quantum's stock price forecast for 2023? Its a mixed bag of small businesses with uncertain financial profiles, most in tech and healthcare. As organizations increasingly turn to D-Wave to solve their most computationally complex business problems with quantum technology, we’re undergoing a series of initiatives designed to enhance our production and commercial readiness, including SOC 2 compliance,” said Dr. Alan Baratz, CEO of D-Wave. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Duolingo Speaking Volumes: Forms Bullish Chart Ahead of Earnings, Contrasting Workday (NASDAQ:WDAY) & D-Wave Quantum (NYSE:QBTS), Strings attached to D-Waves US$50-million PSP loan include giving IP rights, finding new money: filing, D-Wave Successfully Completes SOC 2 Audit, D-Wave Quantum Publishes Research on Quantum Annealing's Performance, D-Wave Demonstrates First-Ever Coherent Quantum Spin Glass Dynamics on More than 5,000 Qubits, D-Wave Quantum (NYSE:QBTS) PT Lowered to $2.00, D-Wave Quantum (NYSE:QBTS) Price Target Cut to $2.00 by Analysts at Roth Mkm, Roth MKM Maintains D-Wave Quantum (QBTS) Buy Recommendation, Benchmark Maintains D-Wave Quantum (QBTS) Buy Recommendation, Insiders who purchased this year lose US$51k as D-Wave Quantum Inc. (NYSE:QBTS) stock drops to US$0.50, InvestorNewsBreaks - D-Wave Quantum Inc. (NYSE: QBTS) Announces Q4 and Year-End 2022 Results, Canadian quantum pioneer D-Wave gets US$50-million lifeline from pension giant PSP, D-Wave Quantum Q4 Sales Flat; Shares Gain On Upbeat Revenue Guidance, D-Wave Reports Fourth Quarter and Year-End 2022 Results, InvestorNewsBreaks - D-Wave Quantum Inc. (NYSE: QBTS) Schedules Q4, FY 2022 Financial Report Release, Earnings Call, D-Wave Quantum Inc. It provides customers with access to the companys quantum computing systems via the cloud in the form of quantum computing as a service (QCaaS) products, and offers professional services such as customer assistance in identifying and implementing quantum-computing applications. Not possible with D-Wave; whilst it has sold multiple devices (at >$10m each), this will not be getting close to covering the summation of R&D investments and employee salaries. Cutting the cake squarely down the middle would be the only way to ensure you received your fair share. With the QuickStart Bundle, you can accelerate quantum application development and ramp up quickly with expert training and mentorship PLUS get unlimited quantum cloud access for a month. See what's happening in the market right now with MarketBeat's real-time news feed. D-Wave - Stock Information Stock Information Stock Quote Price $0.62 Volume 4,236 Change -0.06 % Change -8.44% Today's Open $0.69 Previous Close $0.68 Intraday High $0.70 Intraday Low $0.62 52 Week High $13.23 52 Week Low $0.62 Market Cap $ Pricing delayed by 20 minutes. This points to a valuation of between ~$200m to ~$400m (we believe the stake may be smaller than 2.5%). D-Wave Systems has raised a total of $299M in funding over 22 rounds. RELATED: Sonder makes Nasdaq debut following close of SPAC deal. D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the only commercial provider building both annealing and gate-model quantum computers, today announced the successful completion of its SOC 2 Type 1 audit as of March 13, 2023, as it looks to rapidly accelerate the commercial adoption of its quantum computing solutions. A-LIGN may refer to the entities of both A-LIGN and A-LIGN ASSURANCE collectively as A-LIGN. Founded in 1999, D-Wave has seen the largest inflow of private capital (now over $200m invested) of all quantum computing stocks and continues to be held privately. Since then, QBTS stock has decreased by 66.7% and is now trading at $0.48. We found that VC investment in to Quantum Computing is increasing, but this is restricted toVC investors. A high percentage of insider ownership can be a sign of company health. Are these on-boarding initiatives failing to bear fruit? Its a (multi) billion-dollar question. Quantum computer company D-Wave will go public after reaching a deal to merge with the SPAC (special purpose acquisition company) DPCM Capital, in a deal that values the advanced-computing firm at $1.2bn. published a groundbreaking study in Nature that. The company reported ($0.12) EPS for the quarter. In the past three months, D-Wave Quantum insiders have not sold or bought any company stock. In its report from near the time it valued this stake at ~$9.7m. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Quantum Computing Will Change the World. Quantum Computing Company D-Wave Systems to Go Public on NYSE and Raise Up to $430 Million in Major SPAC Deal. As investors, we could care less if a company develops quantum computing hardware or software. It may sound trivial, but such a problem has many pragmatic use cases such as allocating ocean resources among countries. What problem can we help you solve? The Quantum Insider is the leading online resource dedicated exclusively to Quantum Computing. Have Watchlists? The business started selling commercial systems at the start of the last decade and, as summarised in the table below, has managed to get multiple buyers for its products. On average, they anticipate the company's share price to reach $5.00 in the next twelve months. In contrast, the likes of IBM and Google are working on building Gate Model (GM) Quantum Computers. Quantum computing firm D-Wave Systems Inc said on Tuesday it had agreed to go public by merging with blank-check company DPCM Capital in a deal that values the combined company at nearly $1.6 billion. Once the deal closes, the quantum computing firm will list on the New York Stock Exchange at a pro-forma implied. Step-by-step approach to building quantum applications today. D-Wave Stock dwavesys.com Technology Hardware Founded: 1999 Funding to Date: $190.98MM D-Wave provider of quantum computing systems and software and developer world's only commercial supplier of quantum computers. D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the only commercial provider building both annealing and gate-model quantum computers, today announced the successful completion of its SOC 2 Type 1 audit as of March 13, 2023, as it looks to rapidly accelerate the commercial adoption of its .