Xometry Reports Third Quarter 2022 Results

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

   For the Three Months
Ended September 30,
   For the Nine Months
Ended September 30,
 
   2022   2021   2022   2021 
Adjusted EBITDA:            
Net loss $(15,041) $(14,711) $(51,585) $(37,476)
Add (deduct):            
Interest expense, interest and dividend income and other expenses  139   448   2,991   1,363 
Depreciation and amortization expense(1)  1,909   816   5,716   2,304 
Income tax benefit        (559)   
Amortization of lease intangible  333       999        
Stock-based compensation (2)     5,113       2,266       14,048       4,747  
Charitable contribution of common stock     987       1,157       2,272       1,157  
Income from unconsolidated joint venture     (297 )           (600 )      
Acquisition and other (3)     42             (1,242 )      
Impairment of assets     325             444        
Adjusted EBITDA   $ (6,490 )   $ (10,024 )   $ (27,516 )   $ (27,905 )

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