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 Statements of Operations
(in thousands, except share and per share data)
| Year EndedDecember 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue | $43,073 | $22,042 | $11,131 |
| Costs and expenses: | |||
| Cost of revenue (excluding depreciation and amortization) | 20,597 | 8,108 | 2,944 |
| Research and development | 136,827 | 92,321 | 43,978 |
| Sales and marketing | 28,395 | 18,270 | 8,385 |
| General and administrative | 71,055 | 50,722 | 35,966 |
| Depreciation and amortization | 18,654 | 10,375 | 5,604 |
| Total operating costs and expenses | 275,528 | 179,796 | 96,877 |
| Loss from operations | (232,455) | (157,754) | (85,746) |
| Gain (loss) on change in fair value of warrant liabilities | (117,107) | (19,206) | 30,136 |
| Interest income, net | 18,249 | 19,322 | 7,093 |
| Other income (expense), net | (275) | (85) | 6 |
| Loss before income tax expense | (331,588) | (157,723) | (48,511) |
| Income tax benefit (expense) | (59) | (48) | — |
| Net loss | $(331,647) | $(157,771) | $(48,511) |
| Net loss per share attributable to common stockholders— basic and diluted | $(1.56) | $(0.78) | $(0.25) |
| Weighted average shares used in computing net loss per share attributable to common stockholders—basic and diluted | 213,029,365 | 202,576,492 | 197,727,642 |
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