Xometry Reports Second Quarter 2022 Results
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For the Three Months
Ended June 30, | | |
For the Six Months
Ended June 30, | | | | |
2022 | | |
2021 | | |
2022 | | |
2021 | | |
Non-GAAP Net Loss: | | | | | | | | | | | | | | Net loss | | $ | (16,549 | ) | | $ | (12,264 | ) | | $ | (36,544 | ) | | $ | (22,765 | ) | | Add (deduct): | | | | | | | | | | | | | | Depreciation and amortization expense(1) | | | 2,008 | | | | 753 | | | | 3,807 | | | | 1,487 | | | Stock-based compensation(2) | | | 5,479 | | | | 1,975 | | | | 8,935 | | | | 2,480 | | | Amortization of lease intangible | | | 333 | | | | — | | | | 666 | | | | — | | | Amortization of deferred costs on convertible notes | | | 469 | | | | — | | | | 781 | | | | — | | | Unrealized loss on marketable securities | | | 332 | | | | — | | | | 1,190 | | | | — | | | Acquisition and other ( 3) | | | (1,923 | ) | | | — | | | | (1,284 | ) | | | — | | | (Gain) loss on sale of property and equipment | | | — | | | | (2 | ) | | | 71 | | | | (2 | ) | | Charitable contribution of common stock | | | 1,285 | | | | — | | | | 1,285 | | | | — | | | Impairment of long-lived assets | | | 119 | | | | — | | | | 119 | | | | — | | |
Non-GAAP Net Loss | | $ | (8,447 | ) | | $ | (9,538 | ) | | $ | (20,974 | ) | | $ | (18,800 | ) | | | | | | | | | | | | | | | | Weighted-average number of shares outstanding used to compute Non-GAAP Net Loss per share, basic and diluted | | | 47,074,246 | | | | 8,390,088 | | | | 46,932,702 | | | | 8,158,753 | | | | | | | | | | | | | | | | | Non-GAAP EPS, basic and diluted | | $ | (0.18 | ) | | $ | (1.14 | ) | | $ | (0.45 | ) | | $ | (2.30 | ) |
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