Xometry Reports Second Quarter 2022 Results

Unaudited Reconciliations of Non-GAAP Financial Measures
(In thousands)

   For the Three Months
Ended June 30,
   For the Six Months
Ended June 30,
 
   2022   2021   2022   2021 
Adjusted EBITDA:            
Net loss $(16,549) $(12,264) $(36,544) $(22,765)
Add (deduct):            
Interest expense, interest and dividend income and other expenses  1,217   463   2,852   916 
Depreciation and amortization expense(1)  2,008   753   3,807   1,487 
Income tax benefit        (559)   
Amortization of lease intangible  333      666    
Stock-based compensation( 2)     5,479       1,975       8,935       2,480  
Charitable contribution of common stock     1,285             1,285        
Income from unconsolidated joint venture     (269 )           (303 )      
Acquisition and other ( 3)     (1,923 )           (1,284 )      
Impairment of long-lived assets     119             119        
Adjusted EBITDA   $ (8,300 )   $ (9,073 )   $ (21,026 )   $ (17,882 )

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