Nano Dimension Reports 2020 First Quarter Financial Results

(In thousands of USD, except per share amounts) 

  For the Three-Month Period Ended
March 31,
   For the Year ended
December 31,
 
  2019    2020   2019 
  (Unaudited)    (Unaudited)    
          
Revenues1,689  702  7,070 
         
Cost of revenues1,118  415  4,312 
         
Cost of revenues - amortization of intangible193  193  772 
         
Total cost of revenues1,311  608  5,084 
         
Gross profit378  94  1,986 
           
Research and development expenses, net 2,152     1,702     8,082  
                 
Sales and marketing expenses 1,364     819     5,469  
                 
General and administrative expenses 567     1,035     3,270  
                 
Operating loss (3,705 )   (3,462 )   (14,835 )
                 
Finance income 3,649     1,426     8,765  
                 
Finance expense 1,420     38     2,283  
                 
Total comprehensive loss (1,476 )   (2,074 )   (8,353 )
                 
Basic loss per share (0.01 )   (0.01 )   (0.05 )
Basic loss per ADS (after the change in the ADS ratio) (0.05 )   (0.32 )   (2.38 )
                 

Consolidated Statements of Changes in Equity (Unaudited)

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