Company: IONQ
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000950170-25-104066
Chunk: 1

Company: IonQ, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part II, Item 1
Chunk 1
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 Defendants and Additional Defendants filed oppositions to plaintiffs’ motion on December 1, 2023, and plaintiffs filed their reply on January 8, 2024. On July 10, 2024, the plaintiffs' motion for post-judgment relief was denied and the District Court of Maryland directed the clerk to close the case. On July 26, 2024, the plaintiffs filed a Notice of Appeal with the Fourth Circuit Court of Appeals seeking to review the trial court's decision. Plaintiffs filed their Opening Brief in the Fourth Circuit on September 9, 2024. A response brief by IonQ Defendants was filed on October 8, 2024 and plaintiffs’ reply brief was filed on October 29, 2024. Oral argument in the Fourth Circuit occurred on January 31, 2025. On April 8, 2025, the Fourth Circuit held for the IonQ Defendants in a published opinion. As of July 7, 2025, the deadline for plaintiffs to file an appeal with the United States Supreme Court lapsed, and there are no other avenues for plaintiffs to appeal, which means that the Fourth Circuit’s decision upholding the trial court's dismissal with prejudice stands. This case is now considered closed. 

Please refer to Note 10, Commitments and Contingencies, to the condensed consolidated financial statements included in this Quarterly Report on Form 10-Q for further details on current legal proceedings.