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Xometry, Inc. and Subsidiaries
Reconciliations of Non-GAAP Financial Measures (In thousands, except share and per share amounts) (Unaudited) | ||||||||||||||||
|
For the Three Months
Ended December 31, |
For the Year
Ended December 31, | |||||||||||||||
| 2023 | 2022 | 2023 | 2022 | |||||||||||||
| Adjusted EBITDA: | ||||||||||||||||
| Net loss(1) | $ | (10,553 | ) | $ | (25,814 | ) | $ | (67,465 | ) | $ | (79,043 | ) | ||||
| Add (deduct): | ||||||||||||||||
| Interest expense, interest and dividend income and other expenses | (1,416 | ) | (505 | ) | (5,312 | ) | 2,486 | |||||||||
| Depreciation and amortization(2) | 2,799 | 2,103 | 10,738 | 7,819 | ||||||||||||
| Amortization of lease intangible | 180 | 333 | 950 | 1,332 | ||||||||||||
| Provision (benefit) for income taxes | (561 | ) | 595 | (353 | ) | 36 | ||||||||||
| Stock-based compensation (3) | 5,896 | 5,124 | 22,118 | 19,172 | ||||||||||||
| Lease abandonment (4) | — | — | 8,706 | — | ||||||||||||
| Acquisition and other (5) | 481 | 566 | 824 | (676 | ) | |||||||||||
| Charitable contribution of common stock | 333 | — | 1,029 | 2,272 | ||||||||||||
| Income (loss) from unconsolidated joint venture | (9 | ) | 30 | (446 | ) | (570 | ) | |||||||||
| Impairment of assets | — | 380 | 397 | 824 | ||||||||||||
| Restructuring charge (6) | — | 1,549 | 738 | 1,549 | ||||||||||||
| Costs to exit the supplies business | — | — | 586 | — | ||||||||||||
| Adjusted EBITDA | $ | (2,850 | ) | $ | (15,639 | ) | $ | (27,490 | ) | $ | (44,799 | ) | ||||
