secwatch.observer — SEC 8-K summary
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Issuer:     IonQ, Inc. (IONQ)
CIK:        0001824920
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001193125-23-085543
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IonQ reports FY2022 revenue of $11.1M, beat guidance; net loss narrows to $48.5M
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- Full year 2022 revenue $11.1M, beating high end of guidance; Q4 revenue $3.8M (up 138% YoY).
- Full year bookings $24.5M; cash and investments $537.8M as of Dec 31, 2022.
- Net loss for FY2022 $48.5M vs $106.2M in 2021; Q4 net loss $18.6M vs $74.1M.
- Adjusted EBITDA loss widened to ($48.7M) for FY2022 vs ($28.4M) in 2021.
- Achieved #AQ 25 early; targeting #AQ 29 in 2023; management confident in cash to reach profitability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824920/000119312523085543/0001193125-23-085543-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824920/000119312523085543/d489796d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-085543

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