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PROPERTY AND EQUIPMENT, NET
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET
7. PROPERTY AND EQUIPMENT, NET
Property and equipment, net consisted of the following (in thousands):
As of June 30,
2026		As of December 31,
2025
Quantum computer systems$17,153 $15,028 
Lab equipment10,540 7,555 
Computer equipment5,738 5,659 
Leasehold improvements2,482 2,407 
Furniture and fixtures554 541 
Construction-in-progress7,264 2,514 
Total property and equipment43,731 33,704 
Less: Accumulated depreciation(21,655)(25,863)
Total property and equipment, net$22,076 $7,841 
Depreciation expense for the three months ended June 30, 2026 and 2025 was $1.0 million and $0.3 million, respectively. Depreciation expense for the six months ended June 30, 2026 and 2025 was $1.8 million and $0.6 million, respectively.