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IonQ, a leader in the quantum computing industry, announced financial results for the quarter and full year ended December 31, 2022, and provided a business update. The company reported $11.1 million in revenue, $3.8 million in revenue for the fourth quarter, and $24.5 million in bookings for the full year 2022. Cash, cash equivalents and investments were $537.8 million as of December 31, 2022. IonQ is confident in the state of its cash and other financial assets, and believes they provide the Company with sufficient reserves to get to profitability without needing additional capital.
