Xometry Reports Fourth Quarter and Full Year 2023 Results


   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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