Xometry Reports Third Quarter 2022 Results
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For the Three Months
Ended September 30, | | |
For the Nine Months
Ended September 30, | | | | |
2022 | | |
2021 | | |
2022 | | |
2021 | | |
Non-GAAP Net Loss: | | | | | | | | | | | | | | Net loss | | $ | (15,041 | ) | | $ | (14,711 | ) | | $ | (51,585 | ) | | $ | (37,476 | ) | | Add (deduct): | | | | | | | | | | | | | | Depreciation and amortization expense(1) | | | 1,909 | | | | 816 | | | | 5,716 | | | | 2,304 | | | Stock-based compensation(2) | | | 5,113 | | | | 2,266 | | | | 14,048 | | | | 4,747 | | | Amortization of lease intangible | | | 333 | | | | — | | | | 999 | | | | — | | | Amortization of deferred costs on convertible notes | | | 469 | | | | — | | | | 1,250 | | | | — | | | Unrealized loss on marketable securities | | | 469 | | | | 239 | | | | 1,659 | | | | 239 | | | Acquisition and other (3) | | | 42 | | | | — | | | | (1,242 | ) | | | — | | | Loss on sale of property and equipment | | | — | | | | 10 | | | | 71 | | | | 8 | | | Charitable contribution of common stock | | | 987 | | | | 1,157 | | | | 2,272 | | | | 1,157 | | | Impairment of assets | | | 325 | | | | — | | | | 444 | | | | — | | |
Non-GAAP Net Loss | | $ | (5,394 | ) | | $ | (10,223 | ) | | $ | (26,368 | ) | | $ | (29,021 | ) | | | | | | | | | | | | | | | | Weighted-average number of shares outstanding used to compute Non-GAAP Net Loss per share, basic and diluted | | | 47,303,090 | | | | 43,962,863 | | | | 47,057,521 | | | | 20,092,600 | | | | | | | | | | | | | | | | | Non-GAAP EPS, basic and diluted | | $ | (0.11 | ) | | $ | (0.23 | ) | | $ | (0.56 | ) | | $ | (1.44 | ) |
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