Xometry Reports Fourth Quarter and Full Year 2023 Results
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For the Three Months
Ended December 31, | | |
For the Year
Ended December 31, | | | | |
2023 | | |
2022 | | |
2023 | | |
2022 | | |
Non-GAAP Net Loss: | | | | | | | | | | | | | | Net loss(1) | | $ | (10,553 | ) | | $ | (25,814 | ) | | $ | (67,465 | ) | | $ | (79,043 | ) | | Add (deduct): | | | | | | | | | | | | | | Depreciation and amortization(2) | | | 2,799 | | | | 2,103 | | | | 10,738 | | | | 7,819 | | | Stock-based compensation(3) | | | 5,896 | | | | 5,124 | | | | 22,118 | | | | 19,172 | | | Amortization of lease intangible | | | 180 | | | | 333 | | | | 950 | | | | 1,332 | | | Amortization of deferred costs on convertible notes | | | 464 | | | | 468 | | | | 1,860 | | | | 1,718 | | | Loss on marketable securities | | | — | | | | 196 | | | | — | | | | 1,855 | | | Acquisition and other (5) | | | 481 | | | | 566 | | | | 824 | | | | (676 | ) | | Loss on sale of property and equipment | | | — | | | | (24 | ) | | | 92 | | | | 47 | | | Charitable contribution of common stock | | | 333 | | | | — | | | | 1,029 | | | | 2,272 | | | Lease abandonment and termination (4) | | | — | | | | — | | | | 8,778 | | | | — | | | Impairment of assets | | | — | | | | 380 | | | | 397 | | | | 824 | | | Restructuring charge (6) | | | — | | | | 1,549 | | | | 738 | | | | 1,549 | | | Costs to exit the supplies business | | | — | | | | — | | | | 586 | | | | — | | |
Non-GAAP Net Loss | | $ | (400 | ) | | $ | (15,119 | ) | | $ | (19,355 | ) | | $ | (43,131 | ) | | Weighted-average number of shares outstanding used to compute Non-GAAP Net Loss per share, basic and diluted, of Class A and Class B common stock | | | 48,096,142 | | | | 47,457,139 | | | | 47,914,039 | | | | 47,158,247 | | | | | | | | | | | | | | | | | EPS, basic and diluted, of Class A and Class B common stock | | $ | (0.22 | ) | | $ | (0.54 | ) | | $ | (1.41 | ) | | $ | (1.68 | ) | | Non-GAAP EPS, basic and diluted, of Class A and Class B common stock | | $ | (0.01 | ) | | $ | (0.32 | ) | | $ | (0.40 | ) | | $ | (0.91 | ) |
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