Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2024

Revenue Recognition

Summary of Disaggregation of Revenue

The following tables depict the disaggregation of revenue according to the type of good or service and timing of transfer of goods or services for the years ended December 31, 2024 and December 31, 2023 (in thousands):

	Year Ended December 31,
	2024		2023
Collaborative research and professional services	$	8,044	$	7,862
Collaborative research materials and sales of quantum computers		2,390		1,810
Access to quantum computing systems		356		2,336
	$	10,790	$	12,008

	Year Ended December 31,
	2024		2023
Revenue recognized at a point in time	$	1,579	$	748
Revenue recognized over time		9,211		11,260
	$	10,790	$	12,008

Summary of Accounts receivable, Contract with Customer Assets and Liabilities

	December 31, 2024		December 31, 2023		December 31, 2022
Trade receivables	$	1,498	$	2,650	$	6,143
Unbilled receivables	$	929	$	2,379	$	92
Current portion of deferred revenue	$	(113)	$	(343)	$	(961)
Deferred revenue, less current portion	$	(698)	$	—	$	—

Summary of Changes in Deferred Revenue from Contracts with Customers

	Year Ended December 31,
	2024		2023
Balance at beginning of period	$	(343)	$	(961)
Deferral of revenue		(698)		(2,499)
Recognition of deferred revenue		230		3,117
Total deferred revenue at end of period	$	(811)	$	(343)
Current portion of deferred revenue	$	(113)	$	(343)
Deferred revenue, less current portion	$	(698)	$	—