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PROPERTY AND EQUIPMENT, NET
 9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET
5. PROPERTY AND EQUIPMENT, NET
Property and equipment, net consisted of the following (in thousands):
As of September 30,
2025		As of December 31,
2024
Quantum computer systems$13,781 $14,471 
Lab equipment7,197 6,862 
Computer equipment5,327 4,701 
Leasehold improvements2,221 1,889 
Furniture and fixtures525 381 
Construction-in-progress1,998 836 
Total property and equipment31,049 29,140 
Less: Accumulated depreciation(25,441)(25,007)
Total property and equipment, net$5,608 $4,133 
Depreciation expense for the three months ended September 30, 2025 and 2024 was $0.3 million and $0.2 million, respectively. Depreciation expense for the nine months ended September 30, 2025 and 2024 was $1.0 million and $0.7 million, respectively.