D-Wave Quantum Inc (NYSE:QBTS) shares are trading higher Monday after the company announced results of a new study that highlights the potential for quantum optimization to create value across industries.

D-Wave Quantum has seen its stock price surge dramatically over the past year, fueled by a general excitement around the advanced technology. While quantum computing holds long-term promise, investors should remember this is a technology in its very early days.

D-Wave Quantum faces challenges with episodic sales, limited recurring revenue, and ongoing dilution. Click here to read an analysis of QBTS stock now.