IonQ Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 26, 2025
IONQ$35.34+8.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except share and per share data)
| December 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $54,393 | $35,665 |
| Short-term investments | 285,896 | 319,776 |
| Accounts receivable | 10,188 | 11,467 |
| Prepaid expenses and other current assets | 28,325 | 23,081 |
| Total current assets | 378,802 | 389,989 |
| Long-term investments | 23,545 | 100,489 |
| Property and equipment, net | 52,761 | 37,515 |
| Operating lease right-of-use assets | 9,470 | 4,613 |
| Intangible assets, net | 29,469 | 15,077 |
| Goodwill | 9,904 | 742 |
| Other noncurrent assets | 4,437 | 5,155 |
| Total Assets | $508,388 | $553,580 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $5,230 | $5,599 |
| Accrued expenses and other current liabilities | 16,424 | 18,376 |
| Current portion of operating lease liabilities | 3,366 | 710 |
| Unearned revenue | 10,678 | 12,087 |
| Current portion of stock option early exercise liabilities | 387 | 392 |
| Total current liabilities | 36,085 | 37,164 |
| Operating lease liabilities, net of current portion | 14,359 | 7,395 |
| Unearned revenue, net of current portion | — | 447 |
| Stock option early exercise liabilities, net of current portion | 61 | 448 |
| Warrant liabilities | 70,688 | 23,004 |
| Other noncurrent liabilities | 3,333 | 128 |
| Total liabilities | $124,526 | $68,586 |
| Commitments and contingencies (see Note 11) | ||
| Stockholders’ equity: | ||
| Common stock $0.0001 par value; 1,000,000,000 shares authorized; 221,919,191 and 206,611,704 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively | $22 | $20 |
| Additional paid-in capital | 1,067,403 | 839,014 |
| Accumulated deficit | (683,720) | (352,073) |
| Accumulated other comprehensive income (loss) | 157 | (1,967) |
| Total stockholders’ equity | $383,862 | $484,994 |
| Total Liabilities and Stockholders’ Equity | $508,388 | $553,580 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.