Quarter Ended March 31, 2020 and 2019
| Quarter Ended March 31, | |||||||
| (in thousands, except per share amounts) | 2020 | 2019 | |||||
| Revenue: | |||||||
| Products | $ | 78,809 | $ | 92,347 | |||
| Services | 55,896 | 59,633 | |||||
| Total revenue | 134,705 | 151,980 | |||||
| Cost of sales: | |||||||
| Products | 48,896 | 55,760 | |||||
| Services | 28,677 | 30,515 | |||||
| Total cost of sales | 77,573 | 86,275 | |||||
| Gross profit | 57,132 | 65,705 | |||||
| Operating expenses: | |||||||
| Selling, general and administrative | 56,106 | 65,107 | |||||
| Research and development | 19,244 | 21,903 | |||||
| Total operating expenses | 75,350 | 87,010 | |||||
| Loss from operations | (18,218 | ) | (21,305 | ) | |||
| Interest and other (expense) income, net | (2,564 | ) | (1,201 | ) | |||
| Loss before income taxes | (20,782 | ) | (22,506 | ) | |||
| Benefit (provision) for income taxes | 1,858 | (1,844 | ) | ||||
| Net loss | (18,924 | ) | (24,350 | ) | |||
| Less: net income attributable to noncontrolling interests | — | 44 | |||||
| Net loss attributable to 3D Systems Corporation | $ | (18,924 | ) | $ | (24,394 | ) | |
| Net loss per share available to 3D Systems Corporation common stockholders - basic and diluted | $ | (0.17 | ) | $ | (0.22 | ) | |
3D Systems Corporation
