Xometry Reports Fourth Quarter and Full Year 2023 Results

(1)   Our 2022 results have been revised to reflect immaterial corrections related to certain captions within the Consolidated Balance Sheet, Consolidated Statement of Operations and Comprehensive Loss and Consolidated Statement of Cash Flows. See tables below for additional details with respect to the line items impacted.
(2)   Represents depreciation expense of the Company’s long-lived tangible assets and amortization expense of its finite-lived intangible assets, as included in the Company’s GAAP results of operations.
(3)   Represents the non-cash expense related to stock-based awards granted to employees, as included in the Company’s GAAP results of operations.
(4)   Amount is recorded in general and administrative and/or other expenses.
(5)   Includes adjustments related to purchase accounting, the revaluation of contingent consideration and transaction costs.
(6)   Costs associated with the a reduction in workforce.


Xometry, Inc. and Subsidiaries (1)
Segment Results
(In thousands)
(Unaudited)
 
   For the Three Months Ended
December 31,
   For the Year Ended
December 31,
 
   2023   2022   2023   2022 
Segment Revenue:         
U.S. $110,574  $87,995  $403,289  $347,710 
International  17,571   10,066   60,117   33,211 
Total revenue $128,145  $98,061  $463,406  $380,921 
             
Segment Net Loss:                   
U.S.   $ (5,947 )   $ (21,899 )   $ (49,689 )   $ (61,792 )
International     (4,604 )     (3,914 )     (17,783 )     (17,267 )
Total net loss attributable to common stockholders   $ (10,551 )   $ (25,813 )   $ (67,472 )   $ (79,059 )

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