Xometry Reports Second Quarter 2024 Results

Supplemental Information
(In thousands)
(Unaudited)

   For the Three Months
Ended June 30,
   For the Six Months
Ended June 30,
 
   2024   2023   2024   2023 
Summary of Stock-based Compensation Expense and Payroll Taxes Related to Stock-based Compensation Expense         
Sales and marketing $2,567  $1,185  $4,087  $2,237 
Operations and support  2,492   2,038   4,584   3,735 
Product development  2,088   1,390   3,504   2,466 
General and administrative  1,758   1,185   2,766   2,054 
Total stock-based compensation expense and payroll taxes related to stock-based compensation $8,905  $5,798  $14,941  $10,492 
                         
Summary of Depreciation and Amortization Expense                        
Cost of revenue   $ 181     $ 38     $ 366     $ 82  
Sales and marketing     796       793       1,593       1,584  
Operations and support     37       78       73       90  
Product development     2,017       1,393       3,930       2,704  
General and administrative     225       593       447       1,001  
Total depreciation and amortization expense   $ 3,256     $ 2,895     $ 6,409     $ 5,461  
                         
Summary of Restructuring Charge                        
Sales and marketing   $ -     $ 224     $ -     $ 224  
Operations and support     -       230       -       230  
Product development     -       117       -       117  
General and administrative     -       167       -       167  
Total restructuring charge   $ -     $ 738     $ -     $ 738  

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