Matterport Announces First Quarter 2023 Financial Results

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

   Three Months Ended March 31,
    2023    2022 
GAAP net income (loss) $(53,842) $71,904 
Stock-based compensation related charges (1)  33,111   56,088 
Acquisition-related costs (2)     172 
Amortization expense of acquired intangible assets  443   260 
Change in fair value of warrants liability (3)  (222)  (21,433)
Change in fair value of contingent earn-out liability (4)     (136,043)
Payroll tax related to contingent earn-out share issuance (5)     1,164 
Non-GAAP net loss $(20,510) $(27,888)
     
GAAP net income (loss) per share attributable to common stockholders:    
Basic  $ (0.18 )   $ 0.26  
Diluted   $ (0.18 )   $ 0.23  
Non-GAAP net loss per share attributable to common stockholders, basic and diluted   $ (0.07 )   $ (0.10 )
         
Weighted-average shares used to compute GAAP net income (loss) per share, basic     293,074       275,199  
Weighted-average effect of potentially dilutive securities (6)           37,233  
Weighted-average shares used to compute GAAP net income (loss) per share, diluted     293,074       312,432  
Excluded anti-dilutive weighted-average potential shares of common stock in calculating non-GAAP loss per share           (37,233 )
Weighted-average shares used to compute non-GAAP net loss per share, basic and diluted     293,074       275,199  

« Previous Page 1 | 2 | 3 | 4 | 5 | 6  Next Page »
Featured Video
Editorial
Jobs
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Equipment Engineer, Raxium for Google at Fremont, California
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Machine Learning Engineer 3D Geometry/ Multi-Modal 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