3D Systems Reports Fourth Quarter and Full Year 2022 Financial Results

(a)The amounts for cash and cash equivalents shown above include restricted cash of $114, $313 and $540 as of December 31, 2022, 2021 and 2020, respectively, which are included in prepaid expenses and other current assets. In addition, included in cash and cash equivalents above as of December 31, 2022 is $3,727 of restricted cash, which, is included in other non-current assets. Finally, included in cash and cash equivalents above as of December 31, 2020 is $9,161, which was included in current assets held for sale.

Appendix
3D Systems Corporation
Unaudited Reconciliations of GAAP to Non-GAAP Measures
Three Months and Year Ended
December 31, 2022

  Three Months Ended December 31,
(in thousands, except per share amounts)  2022       2022 
  GAAP Amortization, stock-based compensation & other Legal, acquisition and divestiture-related Cost optimization plan Impairment of cost-method investments Non-GAAP
Revenue $ 132,732 $ $ $ $  $ 132,732 
Gross Profit  54,630 $(398)$ $ $   54,231 
Gross Profit Margin  41.2 %      40.9 %
Operating expenses   82,674   $ (14,596 ) $ (3,553 ) $ (377 ) $ (3 )   64,144  
Operating income (loss)   (28,044 ) $ 14,198   $ 3,553   $ 377   $ 3     (9,912 )
Interest and other income (expense), net   1,666   $   $ (52 ) $   $     1,614  
Net income (loss)   (25,553 ) $ 14,188   $ 3,511   $ 377   $ 3     (7,474 )
Net income (loss) EPS - basic   (0.20 )   0.11     0.03             (0.06 )
Net income (loss) EPS - diluted $ (0.20 ) $ 0.11   $ 0.03   $   $   $ (0.06 )
             
Weighted Average Shares - basic   128,828             128.828  
Weighted Average Shares - diluted   128,828             128.828  
(1) Amounts in table may not foot due to rounding

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