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3D Systems Corporation
Unaudited Consolidated Statements of Operations Three Months Ended September 30, 2023 and 2022 . | |||||||
| Three Months Ended | |||||||
| (in thousands, except per share amounts) | September 30, 2023 | September 30, 2022 | |||||
| Revenue: | |||||||
| Products | $ | 80,415 | $ | 96,337 | |||
| Services | 43,376 | 35,916 | |||||
| Total revenue | 123,791 | 132,253 | |||||
| Cost of sales: | |||||||
| Products | 47,427 | 58,042 | |||||
| Services | 21,014 | 21,541 | |||||
| Total cost of sales | 68,441 | 79,583 | |||||
| Gross profit | 55,350 | 52,670 | |||||
| Operating expenses: | |||||||
| Selling, general and administrative | 33,355 | 65,579 | |||||
| Research and development | 21,982 | 20,796 | |||||
| Impairment of intangible assets | 13,597 | — | |||||
| Total operating expenses | 68,934 | 86,375 | |||||
| Loss from operations | (13,584 | ) | (33,705 | ) | |||
| Interest and other income (expense), net | 2,602 | (3,502 | ) | ||||
| (Loss) income before income taxes | (10,982 | ) | (37,207 | ) | |||
| (Provision) benefit for income taxes | (174 | ) | (338 | ) | |||
| (Loss) on equity method investment, net of income taxes | (605 | ) | — | ||||
| Net (loss) income before redeemable non-controlling interest | (11,761 | ) | (37,545 | ) | |||
| Less: net (loss) income attributable to redeemable non-controlling interest | (57 | ) | (147 | ) | |||
| Net (loss) income attributable to 3D Systems Corporation | $ | (11,704 | ) | $ | (37,398 | ) | |
| Net (loss) income per common share: | |||||||
| Basic | $ | (0.09 | ) | $ | (0.30 | ) | |
| Diluted | $ | (0.09 | ) | $ | (0.30 | ) | |
| Weighted average shares outstanding: | |||||||
| Basic | 130,263 | 127,991 | |||||
| Diluted | 130,263 | 127,991 | |||||
