(2) Represents the non-cash expense related to stock-based awards granted to employees, as included in the Company’s GAAP results of operations.
(3) Includes adjustments related to purchase accounting, the revaluation of contingent consideration and transaction costs.
Xometry, Inc. and Subsidiaries | ||||||||
Unaudited Segment Results | ||||||||
(In thousands) | ||||||||
For the Three Months Ended March 31, | ||||||||
2023 | 2022 | |||||||
Segment Revenue: | (unaudited) | |||||||
U.S. | $ | 93,903 | $ | 77,209 | ||||
International | 11,423 | 6,462 | ||||||
Total revenue | $ | 105,326 | $ | 83,671 | ||||
Segment Net Loss: | ||||||||
U.S. | $ | (12,937 | ) | $ | (16,296 | ) | ||
International | (5,407 | ) | (3,716 | ) | ||||
Total net loss attributable to common stockholders | $ | (18,344 | ) | $ | (20,012 | ) | ||
Xometry, Inc. and Subsidiaries | ||||||||
Unaudited Supplemental Information | ||||||||
(In thousands) | ||||||||
For the Three Months
Ended March 31, | ||||||||
2023 | 2022 | |||||||
Summary of Stock-based Compensation Expense | (unaudited) | |||||||
Sales and marketing | $ | 1,052 | $ | 636 | ||||
Operations and support | 1,697 | 1,423 | ||||||
Product development | 1,076 | 894 | ||||||
General and administrative | 869 | 503 | ||||||
Total stock-based compensation expense | $ | 4,694 | $ | 3,456 | ||||
Summary of Depreciation and Amortization Expense | ||||||||
Cost of revenue | $ | 44 | $ | 34 | ||||
Sales and marketing | 791 | 774 | ||||||
Operations and support | 12 | 11 | ||||||
Product development | 1,311 | 793 | ||||||
General and administrative | 408 | 187 | ||||||
Total depreciation and amortization expense | $ | 2,566 | $ | 1,799 | ||||