Supplemental Financial Statements Information

12 Months Ended

Dec. 31, 2022

Supplemental Financial Statement information

7. SUPPLEMENTAL FINANCIAL STATEMENTS INFORMATION

Property and Equipment, Net

Property and equipment as of December 31, 2022 and December 31, 2021 are composed of the following:


	December 31, 2022			December 31, 2021

Quantum computing fridges	$	30,218		$	17,190
Process equipment		23,330			16,170
Leasehold improvements		7,561			4,297
IT Hardware		3,035			2,428
Furniture and other assets		1,246			1,246

Total property and equipment	$	65,390		$	41,330

Less: Accumulated depreciation and amortization		(25,860	)		(18,832	)

Property and equipment - net	$	39,530		$	22,497

As of December 31, 2022 and December 31, 2021, 98% of the total gross property and equipment was located in the United States, and 2% of the total gross property and equipment was located in the United Kingdom. Total depreciation and amortization expense for the year ended December 31, 2022 and 11 months ended December 31, 2021 was $7.0 million and $4.7 million, respectively.

Accrued Expenses and Other Current Liabilities


	December 31, 2022		December 31, 2021

Utilities	$	1,818	$	—
Professional & subscription fees		2,044		1,377
Property and other taxes		1,161		571
Subcontractor cost		804		—
Payroll and other payroll costs		781		962
Property and equipment		639		—
Others		626		—
Accrued interest		314		248
Deferred offering costs		18		648

	$	8,205	$	3,806