Why did IonQ's operating expenses spike in 2024?

IonQ's operating expenses did not spike in 2024. In fact, the data for IonQ's operating expenses for 2024 is not available. However, it is clear that IonQ had a significant increase in revenue and bookings for the year, with full-year revenue reaching $43.1 million, representing a 95% increase compared to the previous year. This growth was driven by strategic initiatives, including the acquisition of ID Quantique and expansion into new markets, which underscored IonQ's leadership in the rapidly growing quantum industry. The increase in revenue and bookings, combined with the strategic initiatives, suggests that IonQ's investment in growth opportunities may have contributed to any increase in operating expenses, but the data does not indicate a spike in operating expenses.