IonQ Inc (IONQ)

[uksausage]

they raised all the capital they need for this year during the last 6 months of last year.
At one point they had over $3Bn in cash. I think the 10Q stated over $2.3 Bn at the turn of the year and so 24/7 wall st may be counting the cash spent on Skywater to estimate current cash of over $1Bn
Pretty sure that capital raise was with Skywater in mind. Read or listen. to the earnings call for more details
They will be getting revenues and cash flow from SkyWater business, and with an uptick in Govt spending on Quantum items - be it space based sensors, mandated encryption standards especially for wide area networks , better positioning of target analysis and drones, or pure quantum computing power the cash flow for 2026 could lok to be positive by the year end across the whole business consortium