Matterport Announces Second Quarter 2023 Financial Results

 
MATTERPORT, INC.
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
(In thousands, except per share amounts)
(unaudited)
 
   Three Months Ended June 30,  Six Months Ended June 30,
    2023    2022    2023    2022 
GAAP net income (loss) $(56,536) $(64,634) $(110,378) $7,270 
Stock-based compensation related charges (1)  34,449   32,889   67,560   88,977 
Acquisition-related costs (2)       900             1,072  
Amortization expense of acquired intangible assets     443       265       886       525  
Change in fair value of warrants liability (3)     171       (4,714 )     (51 )     (26,147 )
Change in fair value of contingent earn-out liability (4)                       (136,043 )
Payroll tax related to contingent earn-out share issuance (5)                       1,164  
Non-GAAP net loss   $ (21,473 )   $ (35,294 )   $ (41,983 )   $ (63,182 )
                 
GAAP net income (loss) per share attributable to common stockholders:                
Basic   $ (0.19 )   $ (0.23 )   $ (0.37 )   $ 0.03  
Diluted   $ (0.19 )   $ (0.23 )   $ (0.37 )   $ 0.02  
Non-GAAP net loss per share attributable to common stockholders, basic and diluted   $ (0.07 )   $ (0.12 )   $ (0.14 )   $ (0.23 )
                 
Weighted-average shares used to compute GAAP net income (loss) per share, basic     298,096       283,405       295,599       279,289  
Weighted-average effect of potentially dilutive securities (6)                       34,545  
Weighted-average shares used to compute GAAP net income (loss) per share, diluted     298,096       283,405       295,599       313,834  
Excluded anti-dilutive weighted-average potential shares of common stock in calculating non-GAAP loss per share                       (34,545 )
Weighted-average shares used to compute non-GAAP net loss per share, basic and diluted     298,096       283,405       295,599       279,289  



« Previous Page 1 | 2 | 3 | 4 | 5 | 6  Next Page »
Featured Video
Jobs
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Principal Engineer for Autodesk at San Francisco, California
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Business Technology Analyst for Surface Water Management at Everett, Washington
Mechanical Engineer 2 for Lam Research at Fremont, California
Upcoming Events
Dimensions User Conference 2024 at The Venetian Resort Las Vegas NV - Nov 11 - 13, 2024
Greenbuild 2024 at Pennsylvania Convention Center Philadelphia PA - Nov 12 - 15, 2024
Digital Construction North (DCN) 2024 at Manchester Central. Manchester United Kingdom - Nov 13, 2024
Digital Twins 2024 at the Gaylord National Resort & Convention Center in, MD. National Harbor MD - Dec 9 - 11, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise