Shapeways Reports Second Quarter 2022 Results

RECONCILIATION OF GAAP TO NON-GAAP MEASURES

 

Three Months Ended,

(Dollars in thousands)

June 30,

2021

 

September 30,

2021

 

December 31,

2021

 

March 31,

2022

 

June 30,

2022

Net (loss) income

$

(135

)

 

$

2,552

 

 

$

(2,369

)

 

$

(4,037

)

 

$

(4,674

)

Debt forgiveness

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense, net

 

130

 

 

 

126

 

 

 

(4

)

 

 

 

 

 

(1

)

Depreciation and amortization

 

137

 

 

 

146

 

 

 

169

 

 

 

182

 

 

 

377

 

Stock based compensation

 

171

 

 

 

438

 

 

 

2,124

 

 

 

312

 

 

 

457

 

Change in fair value of warrant liabilities

 

 

 

 

(5,088

)

 

 

(3,018

)

 

 

(762

)

 

 

(765

)

Income tax benefit

 

2

 

 

 

 

 

 

 

 

 

 

 

 

(1

)

Acquisition costs

 

 

 

 

 

 

 

 

 

 

 

 

 

373

 

Other

 

12

 

 

 

2

 

 

 

(8

)

 

 

2

 

 

 

(36

)

Adjusted EBITDA

 

317

 

 

 

(1,824

)

 

 

(3,106

)

 

$

(4,303

)

 

$

(4,270

)


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