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Every IonQ Investor Should Keep an Eye on This Number
IONQIonQ(IONQ) The Motley Fool·2024-11-13 16:23

IonQ's financial safety net is shrinking fast. Here's what could happen if the money runs out.Pure-play investments in the quantum computing space are often young, small, and financially unstable. Industry-leading quantum computing systems builder IonQ (IONQ 19.82%) collected just $12.4 million in revenues in the third quarter of 2024 while spending $65.5 million on operating costs.IonQ consumes plenty of cashThe company reported negative free cash flows of $24.2 million in the third quarter, consuming a to ...