Xometry Reports First Quarter 2023 Results
|
Xometry, Inc. and Subsidiaries |
| Unaudited Reconciliations of Non-GAAP Financial Measures |
| (In thousands) |
| |
| | |
For the Three Months
Ended March 31, | |
| | |
2023 | | |
2022 | |
|
Adjusted EBITDA: | | | | | | |
| Net loss | | $ | (18,343 | ) | | $ | (19,995 | ) |
| Add (deduct): | | | | | | |
| Interest expense, interest and dividend income and other expenses | | | (1,514 | ) | | | 1,635 | |
| Depreciation and amortization(1) | | | 2,566 | | | | 1,799 | |
| Income tax provision (benefit) | | | 136 | | | | (559 | ) |
| Amortization of lease intangible | | | 333 | | | | 333 | |
| Stock-based compensation(2) | | | 4,694 | | | | 3,456 | |
| Charitable contribution of common stock | | | 370 | | | | — | |
| Income from unconsolidated joint venture | | | (66 | ) | | | (34 | ) |
| Acquisition and other(3) | | | 30 | | | | 639 | |
| Impairment of assets | | | 27 | | | | — | |
|
Adjusted EBITDA | | $ | (11,767 | ) | | $ | (12,726 | ) |
| | | | | | | | | |
