(a) Prior year balance includes $4,466 of capitalized lease assets accounted for under ASC 840.

3D Systems Corporation
Unaudited Condensed Consolidated Statements of Operations
Quarter and Year Ended December 31, 2019 and 2018

	Quarter Ended December 31,								Year Ended December 31,
(in thousands, except per share amounts)	2019				2018				2019				2018
Revenue:
Products	$	103,966			$	113,062			$	384,577			$	429,215
Services	60,604				67,650				244,517				258,445
Total revenue	164,570				180,712				629,094				687,660
Cost of sales:
Products	63,012				61,731				229,821				229,793
Services	29,802				36,428				121,232				133,473
Total cost of sales	92,814				98,159				351,053				363,266
Gross profit	71,756				82,553				278,041				324,394
Operating expenses:
Selling, general and administrative	59,319				66,062				254,355				272,287
Research and development	17,136				23,510				80,790				95,298
Total operating expenses	76,455				89,572				335,145				367,585
Loss from operations	(4,699		)		(7,019		)		(57,104		)		(43,191		)
Interest and other (expense) income, net	(1,222		)		(1,172		)		(7,996		)		(37		)
Loss before income taxes	(5,921		)		(8,191		)		(65,100		)		(43,228		)
Benefit (provision) for income taxes	1,260				4,051				(4,532		)		(2,035		)
Net loss	(4,661		)		(4,140		)		(69,632		)		(45,263		)
Less: net income attributable to noncontrolling interests	53				(4		)		248				242
Net loss attributable to 3D Systems Corporation	$	(4,714	)		$	(4,136	)		$	(69,880	)		$	(45,505	)
Net loss per share available to 3D Systems Corporation common stockholders - basic and diluted	$	(0.04	)		$	(0.04	)		$	(0.61	)		$	(0.41	)

3D Systems Corporation