Xometry, Inc. and Subsidiaries
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except per share amounts)
|
Three Months Ended
June 30, |
Six Months Ended
June 30, | |||||||||||||||
| 2021 | 2020 | 2021 | 2020 | |||||||||||||
| Revenue | $ | 50,589 | $ | 34,783 | $ | 94,510 | $ | 61,472 | ||||||||
| Cost of revenue | 38,714 | 26,518 | 72,800 | 47,841 | ||||||||||||
| Gross profit | 11,875 | 8,265 | 21,710 | 13,631 | ||||||||||||
| Sales and marketing | 8,858 | 5,126 | 16,422 | 9,856 | ||||||||||||
| Operations and support | 5,489 | 3,173 | 9,820 | 6,466 | ||||||||||||
| Product development | 4,091 | 2,919 | 7,755 | 5,877 | ||||||||||||
| General and administrative | 5,238 | 2,773 | 9,562 | 5,510 | ||||||||||||
| Total operating expenses | 23,676 | 13,991 | 43,559 | 27,709 | ||||||||||||
| Loss from operations | (11,801 | ) | (5,726 | ) | (21,849 | ) | (14,078 | ) | ||||||||
| Other expenses | ||||||||||||||||
| Interest expense, net | (350 | ) | (264 | ) | (681 | ) | (417 | ) | ||||||||
| Other expenses | (113 | ) | (129 | ) | (235 | ) | (231 | ) | ||||||||
| Total other expenses | (463 | ) | (393 | ) | (916 | ) | (648 | ) | ||||||||
| Net loss | $ | (12,264 | ) | $ | (6,119 | ) | $ | (22,765 | ) | $ | (14,726 | ) | ||||
| Net loss per share, basic and diluted | $ | (1.46 | ) | $ | (0.82 | ) | $ | (2.79 | ) | $ | (1.99 | ) | ||||
| Weighted-average number of shares outstanding used to compute net loss per share, basic and diluted | 8,390,088 | 7,473,918 | 8,158,753 | 7,414,295 | ||||||||||||
| Comprehensive (loss) income: | ||||||||||||||||
| Foreign currency translation | $ | (13 | ) | $ | 22 | $ | 17 | $ | (27 | ) | ||||||
| Total other comprehensive (loss) income | (13 | ) | 22 | 17 | (27 | ) | ||||||||||
| Net loss | (12,264 | ) | (6,119 | ) | (22,765 | ) | (14,726 | ) | ||||||||
| Total comprehensive loss | $ | (12,277 | ) | $ | (6,097 | ) | $ | (22,748 | ) | $ | (14,753 | ) | ||||
