Matterport Announces Record Fourth Quarter And Full Year 2022 Financial Results

RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
(In thousands, except per share amounts)
(unaudited)

  Three Months Ended December 31,  Year Ended December 31,
  2022  2021  2022  2021
GAAP net loss$(60,350) $(160,990) $(111,339) $(338,060)
Stock-based compensation expense(1) 33,140   68,847   152,788   100,844 
Acquisition-related costs(2)    887   1,294   887 
Amortization expense of acquired intangible assets 443      1,411    
Change in fair value of warrants liabilities(3) (888)  24,194   (27,035)  48,370 
Transaction costs(4)                     565  
Change in fair value of contingent earn-out liability (5)         41,976       (136,043 )     140,454  
Investment impairment   1,093             1,093        
Payroll tax related to contingent earn-out share issuance (6)               1,164        
Non-GAAP net loss $ (26,562 )   $ (25,086 )   $ (116,667 )   $ (46,940 )
               
GAAP net loss per share attributable to common stockholders, basic and diluted $ (0.21 )   $ (0.66 )   $ (0.39 )   $ (2.58 )
Non-GAAP net loss per share attributable to common stockholders, basic and diluted $ (0.09 )   $ (0.10 )   $ (0.41 )   $ (0.23 )
               
GAAP weighted-average shares used to compute net loss per share, basic and diluted   289,164       244,678       283,585       131,278  
Weighted-average effect of potentially dilutive securities (7)                     70,561  
Non-GAAP weighted-average shares used to compute net loss per share, basic and diluted   289,164       244,678       283,585       201,839  

« Previous Page 1 | 2 | 3 | 4 | 5 | 6  Next Page »
Featured Video
Editorial
Jobs
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Equipment Engineer, Raxium for Google at Fremont, California
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Senior Principal Software Engineer for Autodesk at San Francisco, California
Upcoming Events
FABTECH Orlando 2024 at Orange County Convention Center Orlando FL - Oct 15 - 17, 2024
TIMTOS 2025 at Nangang Exhibition Center Hall 1 & 2 (TaiNEX 1 & 2) TWTC Hall Taipei Taiwan - Mar 3 - 8, 2025
Automate 2025 at Detroit, Michigan, USA MI - May 12 - 15, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise