| (a) | The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the condensed consolidated balance sheets to the total of such amounts reported in the condensed consolidated statements of cash flows.
|
| (in thousands) | September 30, 2024 | December 31, 2023 | September 30, 2023 | December 31, 2022 | |||||||
| Cash and cash equivalents | $ | 190,005 | $ | 331,525 | $ | 445,554 | $ | 388,134 | |||
| Restricted cash included in prepaid expenses and other current assets | 122 | 119 | 118 | 114 | |||||||
| Restricted cash included in other assets | 1,446 | 1,467 | 1,445 | 3,727 | |||||||
| Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows | $ | 191,573 | $ | 333,111 | $ | 447,117 | $ | 391,975 | |||
Amounts included in restricted cash as of September 30, 2024, December 31, 2023 and September 30, 2023 primarily relate to guarantees in the form of a standby letter of credit as security for a long-term real estate lease. Amounts included in restricted cash as of December 31, 2022 primarily relate to $3,435 deposited into an escrow account relating to the initial investment in the National Additive Manufacturing innovation ("NAMI") joint venture. The remaining amounts in restricted cash in all periods presented relate to collateral for letters of credit and bank guarantees.
|
Appendix
3D Systems Corporation Unaudited Reconciliations of GAAP to Non-GAAP Measures Three and Nine Months Ended September 30, 2024 , 2023 | |||||||||||
| Gross Profit and Gross Profit Margin (1) | |||||||||||
| Three Months Ended September 30, | |||||||||||
| (in millions) | 2024 | 2023 | |||||||||
| Gross Profit | Gross Profit Margin | Gross Profit | Gross Profit Margin | ||||||||
| GAAP | $ | 41.7 | 36.9 | % | $ | 55.4 | 44.7 | % | |||
| Amortization expense included in Cost of sales | 0.3 | 0.1 | |||||||||
| Severance accrual adjustment | 0.5 | — | |||||||||
| Non-GAAP (2) | $ | 42.5 | 37.6 | % | $ | 55.5 | 44.8 | % | |||
