Xometry Reports First Quarter 2023 Results
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For the Three Months
Ended March 31, | |
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2023 | | |
2022 | |
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Non-GAAP Net Loss: | | | | | | |
| Net loss | | $ | (18,343 | ) | | $ | (19,995 | ) |
| Add (deduct): | | | | | | |
| Depreciation and amortization(1) | | | 2,566 | | | | 1,799 | |
| Stock-based compensation(2) | | | 4,694 | | | | 3,456 | |
| Amortization of lease intangible | | | 333 | | | | 333 | |
| Amortization of deferred costs on convertible notes | | | 466 | | | | 312 | |
| Loss on marketable securities | | | — | | | | 858 | |
| Acquisition and other(3) | | | 30 | | | | 639 | |
| Loss on sale of property and equipment | | | 91 | | | | — | |
| Charitable contribution of common stock | | | 370 | | | | — | |
| Impairment of assets | | | 27 | | | | — | |
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Non-GAAP Net Loss | | $ | (9,766 | ) | | $ | (12,598 | ) |
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| Weighted-average number of shares outstanding used to compute Non-GAAP Net Loss per share, basic and diluted | | | 47,699,561 | | | | 46,789,585 | |
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| Non-GAAP EPS, basic and diluted | | $ | (0.20 | ) | | $ | (0.27 | ) |
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