I just realized that at the same time you posted. It does now make sense.. However they're buying a software company out of the UK and they have invest in a software company about to go public. But their cash burn is still high and they aren't going to be profitable for some time yet. I still see another dilution coming this year.
BTW SkyWater also has a negative cash flow issue. They have $23.22M in cash and a debt of $250.34M which Ionq will absorb. Nicco did bring up the debt issue as something they have to work on as far as SkyWater.. I don't know how the debt is structured and if they have to cover the debt when purchased. I also don't know if the $1B balance included the debt liability.
Market Data 
Markets 
AI
