v3.25.2
Property And Equipment, Net (Tables)
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Summary Of Property And Equipment, Net

Property and equipment, net is composed of the following (in thousands):

 

 

June 30,

 

 

December 31,

 

 

2025

 

 

2024

 

Quantum computing systems

 

$

40,968

 

 

$

38,374

 

Leasehold improvements

 

 

20,505

 

 

 

17,921

 

Machinery, equipment, furniture and fixtures

 

 

26,497

 

 

 

16,683

 

Computer equipment and acquired computer software

 

 

7,887

 

 

 

7,395

 

Gross property and equipment

 

 

95,857

 

 

 

80,373

 

Less: accumulated depreciation

 

 

(37,299

)

 

 

(27,612

)

Total property and equipment, net

 

$

58,558

 

 

$

52,761