IonQ (IONQ)

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About

Business overview of IonQ (IONQ)
IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems, and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.

Key Insights

Critical company metrics and information
  • Share Price

    $33.42
  • Market Cap

    $7.23 Billion
  • Total Outstanding Shares

    216.39 Million Shares
  • Total Employees

    324
  • Dividend

    No dividend
  • IPO Date

    October 1, 2021
  • SIC Description

    Services-computer Integrated Systems Design
  • Homepage

    https://www.ionq.com

Historical Stock Splits

Execution DateSplit Amount
No Historical Stock Splits

Cash Flow Statement

July 1, 2024 to September 30, 2024
MetricValue
Net Cash Flow From Financing Activities$1.09 Million
Exchange Gains/Losses$0.00
Net Cash Flow From Operating Activities, Continuing$-19.21 Million
Net Cash Flow$-11.58 Million
Net Cash Flow From Financing Activities, Continuing$1.09 Million
Net Cash Flow From Operating Activities$-19.21 Million
Net Cash Flow, Continuing$-11.58 Million
Net Cash Flow From Investing Activities$6.54 Million
Net Cash Flow From Investing Activities, Continuing$6.54 Million

Income Statement

July 1, 2024 to September 30, 2024
MetricValue
Diluted Earnings Per Share$0.24
Depreciation and Amortization$4.89 Million
Operating Expenses$65.53 Million
Income/Loss From Continuing Operations After Tax$-52.50 Million
Interest Income/Expense After Provision For Losses$4.51 Million
Costs And Expenses$64.88 Million
Provision For Loan, Lease, And Other Losses$0.00
Other Operating Expenses$27.47 Million
Preferred Stock Dividends And Other Adjustments$0.00
Operating Income/Loss$-53.13 Million
Net Income/Loss Attributable To Parent$-52.50 Million
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic$0.00
Net Income/Loss Attributable To Noncontrolling Interest$0.00
Income Tax Expense/Benefit$16000.00
Basic Average Shares$214.31 Million
Interest Income/Expense Operating, Net$4.51 Million
Basic Earnings Per Share$0.24
Income/Loss From Continuing Operations Before Tax$-52.48 Million
Net Income/Loss$-52.50 Million
Net Income/Loss Available To Common Stockholders, Basic$-52.50 Million
Benefits Costs and Expenses$64.88 Million
Revenues$12.40 Million
Diluted Average Shares$214.31 Million
Research and Development$33.18 Million

Balance Sheet

July 1, 2024 to September 30, 2024
MetricValue
Other Current Liabilities$14.99 Million
Other Current Assets$392.30 Million
Wages$12.48 Million
Current Liabilities$32.32 Million
Equity Attributable To Noncontrolling Interest$0.00
Liabilities$62.23 Million
Liabilities And Equity$497.91 Million
Noncurrent Liabilities$29.90 Million
Fixed Assets$49.45 Million
Accounts Payable$4.85 Million
Assets$497.91 Million
Prepaid Expenses$3.10 Million
Other Non-current Assets$35.57 Million
Intangible Assets$17.49 Million
Current Assets$395.40 Million
Noncurrent Assets$102.51 Million
Equity$435.68 Million
Equity Attributable To Parent$435.68 Million

Historical Dividends

Announcement DatePayment DateRecord DateAmountFrequency
No historical dividends
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