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MATTERPORT, INC.
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In thousands, except per share amounts) (unaudited) | |||||||||||||||
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Three Months Ended June 30,
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Six Months Ended June 30,
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| 2024 | 2023 | 2024 | 2023 | ||||||||||||
| GAAP net loss | $ | (141,586 | ) | $ | (56,536 | ) | $ | (177,714 | ) | $ | (110,378 | ) | |||
| Stock-based compensation-related charges (1) | 31,621 | 34,449 | 62,348 | 67,560 | |||||||||||
| Acquisition-related costs (2) | 6,916 | — | 7,923 | — | |||||||||||
| Amortization expense of acquired intangible assets | 443 | 443 | 886 | 886 | |||||||||||
| Change in fair value of warrants liability (3) | 1,184 | 171 | 1,064 | (51 | ) | ||||||||||
| Litigation expense | 95,000 | — | 95,000 | — | |||||||||||
| Non-GAAP net loss | $ | (6,422 | ) | $ | (21,473 | ) | $ | (10,493 | ) | $ | (41,983 | ) | |||
| GAAP net loss per share attributable to common stockholders, basic and diluted | $ | (0.45 | ) | $ | (0.19 | ) | $ | (0.56 | ) | $ | (0.37 | ) | |||
| Non-GAAP net loss per share attributable to common stockholders, basic and diluted | $ | (0.02 | ) | $ | (0.07 | ) | $ | (0.03 | ) | $ | (0.14 | ) | |||
| Weighted-average shares used to compute net loss per share, basic and diluted | 316,801 | 298,096 | 314,905 | 295,599 | |||||||||||
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