IonQ Inc
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
IONQ$34.99-1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
(in thousands)
| Year EndedDecember 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Cash flows from operating activities: | ||
| Net loss | $(157,771) | $(48,511) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 10,375 | 5,604 |
| Non-cash research and development arrangements | 520 | 520 |
| Stock-based compensation | 69,743 | 31,456 |
| (Gain) loss on change in fair value of warrant liabilities | 19,206 | (30,136) |
| Amortization of premiums and accretion of discounts on available-for-sale securities | (9,746) | (1,577) |
| Other, net | 1,474 | 441 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (8,175) | (1,510) |
| Prepaid expenses and other current assets | (14,413) | (7,012) |
| Accounts payable | 2,188 | 1,060 |
| Accrued expenses | 3,319 | 1,344 |
| Unearned revenue | 2,604 | 3,892 |
| Other assets and liabilities | 1,865 | (269) |
| Net cash provided by (used in) operating activities | $(78,811) | $(44,698) |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (13,703) | (9,336) |
| Capitalized software development costs | (4,558) | (2,179) |
| Intangible asset acquisition costs | (1,288) | (1,049) |
| Purchases of available-for-sale securities | (298,445) | (605,689) |
| Maturities and sales of available-for-sale securities | 386,760 | 310,045 |
| Business acquired | — | (848) |
| Net cash provided by (used in) investing activities | $68,766 | $(309,056) |
| Cash flows from financing activities: | ||
| Proceeds from stock options exercised | 1,954 | 1,059 |
| Other financing, net | (193) | 37 |
| Net cash provided by (used in) financing activities | $1,761 | $1,096 |
| Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash | (2) | — |
| Net change in cash, cash equivalents and restricted cash | (8,286) | (352,658) |
| Cash, cash equivalents and restricted cash at the beginning of the period | 46,367 | 399,025 |
| Cash, cash equivalents and restricted cash at the end of the period | $38,081 | $46,367 |
| Supplemental disclosures of non-cash investing and financing transactions | ||
| Property and equipment purchases in accounts payable and accrued expenses | $773 | $485 |
| Intangible asset purchases in accounts payable and accrued expenses | 254 | 164 |
| Operating lease right-of-use assets subject to lease liability | 2,380 | — |
| Remeasurement of operating lease right-of-use assets due to lease modification | (849) | — |
| Noncash reclassification of warrant liabilities to equity upon exercise | 20 | 8 |
| Bonus settled in restricted stock units | 3,923 | 473 |
| Net share settled stock option exercises | 291 | — |
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