3D Systems Corporation
Unaudited Condensed Consolidated Statements of Operations
Quarter Ended December 31, 2021 and 2020
| Quarter Ended December 31, | |||||||
| (in thousands, except per share amounts) | 2021 | 2020 | |||||
| Revenue: | |||||||
| Products | $ | 117,572 | $ | 112,552 | |||
| Services | 33,298 | 60,101 | |||||
| Total revenue | 150,870 | 172,653 | |||||
| Cost of sales: | |||||||
| Products | 64,918 | 72,465 | |||||
| Services | 19,734 | 27,739 | |||||
| Total cost of sales | 84,652 | 100,204 | |||||
| Gross profit | 66,218 | 72,448 | |||||
| Operating expenses: | |||||||
| Selling, general and administrative | 50,897 | 52,682 | |||||
| Research and development | 19,163 | 19,036 | |||||
| Impairment of goodwill | — | — | |||||
| Total operating expenses | 70,060 | 71,718 | |||||
| Income (loss) from operations | (3,842 | ) | 731 | ||||
| Interest and other income (expense), net | (1,787 | ) | (16,849 | ) | |||
| Income (loss) before income taxes | (5,629 | ) | (16,118 | ) | |||
| Benefit (provision) for income taxes | (571 | ) | (3,712 | ) | |||
| Net income (loss) | (6,200 | ) | (19,830 | ) | |||
| Less: net income attributable to noncontrolling interests | — | — | |||||
| Net income (loss) attributable to 3D Systems Corporation | $ | (6,200 | ) | $ | (19,830 | ) | |
| Net income (loss) per share available to 3D Systems Corporation common stockholders | |||||||
| Basic | $ | (0.05 | ) | $ | (0.16 | ) | |
| Diluted | $ | (0.05 | ) | $ | (0.16 | ) | |
