(2) Calculated as non-GAAP gross profit as a percentage of total revenue.
Appendix
3D Systems Corporation
Unaudited Reconciliations of GAAP to Non-GAAP Measures
Three Months Ended September 30,
2023
,
2022
and
Three Months Ended June 30,
2023
.
Net (Loss) Income to Adjusted EBITDA (1)
| Three Months Ended September 30, | Three Months Ended June 30, | ||||||||||
| (in thousands) | 2023 | 2022 | 2023 | ||||||||
| Net (loss) income attributable to 3D Systems Corporation | $ | (11,704 | ) | $ | (37,398 | ) | $ | (28,895 | ) | ||
| Interest (income) expense, net | (4,909 | ) | (2,029 | ) | (4,404 | ) | |||||
| Provision for income taxes | 174 | 338 | 222 | ||||||||
| Depreciation expense | 5,084 | 5,142 | 5,294 | ||||||||
| Amortization expense | 3,179 | 4,293 | 3,258 | ||||||||
| EBITDA | (8,176 | ) | (29,654 | ) | (24,525 | ) | |||||
| Stock-based compensation expense | (3,142 | ) | 11,447 | 7,990 | |||||||
| Acquisition and divestiture-related expense | (4,055 | ) | 2,728 | 1,512 | |||||||
| Legal expense | 2,145 | 9,707 | 2,656 | ||||||||
| Restructuring expense | 1,504 | 67 | 3,518 | ||||||||
| Redeemable non-controlling interest | (57 | ) | (147 | ) | 16 | ||||||
| Loss on equity method investment | 605 | — | 142 | ||||||||
| Asset impairment charges | 13,595 | 2,909 | 603 | ||||||||
| Other non-operating (income) expense, net | 2,307 | 2,622 | 1,190 | ||||||||
| Adjusted EBITDA | $ | 4,726 | $ | (321 | ) | $ | (6,898 | ) | |||
