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3D Systems Corporation
Unaudited Consolidated Statements of Operations Three Months Ended December 31, 2023 , 2022 and 2021 | |||||||||||
| Three Months Ended December 31, | |||||||||||
| (in thousands, except per share amounts) | 2023 | 2022 | 2021 | ||||||||
| Revenue: | |||||||||||
| Products | $ | 74,763 | $ | 94,734 | $ | 117,572 | |||||
| Services | 40,085 | 37,998 | 33,298 | ||||||||
| Total revenue | 114,848 | 132,732 | 150,870 | ||||||||
| Cost of sales: | |||||||||||
| Products | 47,174 | 55,541 | 64,918 | ||||||||
| Services | 21,326 | 22,561 | 19,734 | ||||||||
| Total cost of sales | 68,500 | 78,102 | 84,652 | ||||||||
| Gross profit | 46,348 | 54,630 | 66,218 | ||||||||
| Operating expenses: | |||||||||||
| Selling, general and administrative | 61,478 | 58,783 | 50,897 | ||||||||
| Research and development | 22,775 | 23,891 | 19,163 | ||||||||
| Impairments of goodwill and intangible assets | 297,689 | — | — | ||||||||
| Total operating expenses | 381,942 | 82,674 | 70,060 | ||||||||
| Loss from operations | (335,594 | ) | (28,044 | ) | (3,842 | ) | |||||
| Interest and other income (expense), net | 34,671 | 1,666 | (1,787 | ) | |||||||
| Loss before income taxes | (300,923 | ) | (26,378 | ) | (5,629 | ) | |||||
| Benefit (provision) for income taxes | 930 | 771 | (571 | ) | |||||||
| Loss on equity method investment, net of income taxes | (535 | ) | — | — | |||||||
| Net loss before redeemable non-controlling interest | (300,528 | ) | (25,607 | ) | (6,200 | ) | |||||
| Less: net loss attributable to redeemable non-controlling interest | (116 | ) | (54 | ) | — | ||||||
| Net loss attributable to 3D Systems Corporation | $ | (300,412 | ) | $ | (25,553 | ) | $ | (6,200 | ) | ||
| Net loss per share available to 3D Systems Corporation common stockholders | |||||||||||
| Basic | $ | (2.30 | ) | $ | (0.20 | ) | $ | (0.05 | ) | ||
| Diluted | $ | (2.30 | ) | $ | (0.20 | ) | $ | (0.05 | ) | ||
