Summary by Moomoo AI
IonQ Inc, a leader in quantum computing, has reported its financial performance for the three months ended March 31, 2024. The company has not disclosed traditional financial metrics such as revenue, operating profit, net profit, or diluted earnings per share. However, it has provided details on stock-based compensation expenses, which totaled $23.659 million for the quarter, an increase from $10.887 million in the same period the previous year. The cost of revenue, research and development, sales and marketing, and general and administrative expenses related to stock-based compensation also saw increases year-over-year. IonQ recorded an income tax expense of less than $0.1 million for the quarter due to its international operations, while the previous year's expense was zero. The company's...Show More