(b) Inventory is transferred to property and equipment at cost when we require additional machines for training or demonstration or for placement into on demand manufacturing services locations
Appendix
3D Systems Corporation
Unaudited Reconciliations of GAAP to Non-GAAP Measures
Three Months Ended December 31,
2023
and
2022
.
Constant Currency Revenue (4)
Three Months Ended December 31, | Constant Currency (1) | |||||||||||||||||
(in thousands) | 2023 | 2022 | $ Change | % Change | FX Effect (2) | % Change (3) | ||||||||||||
Healthcare Solutions | $ | 51,188 | $ | 60,694 | $ | (9,506 | ) | (15.7 | )% | $ | 454 | (16.4 | )% | |||||
Industrial Solutions | 63,660 | 72,038 | (8,378 | ) | (11.6 | )% | 1,196 | (13.3 | )% | |||||||||
Total revenue | $ | 114,848 | $ | 132,732 | $ | (17,884 | ) | (13.5 | )% | $ | 1,650 | (14.7 | )% |