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
Principal Engineer for Autodesk at San Francisco, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Mechanical Engineer 3 for Lam Research at Fremont, California
Upcoming Events
Digital Twins 2024 at the Gaylord National Resort & Convention Center in, MD. National Harbor MD - Dec 9 - 11, 2024
Commercial UAV Expo 2025 at Amsterdam Netherlands - Apr 8 - 10, 2025
Commercial UAV Expo 2025 at RAI Amsterdam Amsterdam Netherlands - Apr 8 - 11, 2025
BI2025 - 13th Annual Building Innovation Conference at Ritz-Carlton Tysons Corner McLean VA - May 19 - 21, 2025



© 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