secwatch.observer — SEC 8-K summary
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Issuer:     IonQ, Inc. (IONQ)
CIK:        0001824920
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0000950170-23-061111
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IonQ Q3 revenue $6.1M, above guidance; cumulative bookings hit $100M; AFRL $25.5M system sale
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- Revenue $6.1M (+122% YoY), above previously provided high end of range.
- Q3 bookings $26.3M; YTD $58.4M; cumulative bookings surpass $100M since 2021.
- Signed $25.5M quantum networking system sale with US Air Force Research Lab (AFRL).
- Net loss $44.8M; Adjusted EBITDA loss $22.4M, includes $7.6M non-cash warrant liability charge.
- Cash and investments $485.1M; guidance for full year revenue and bookings increased again.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824920/000095017023061111/0000950170-23-061111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824920/000095017023061111/ionq-20231108.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-061111

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer