Shapeways Reports Second Quarter 2022 Results

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
(in thousands, except share and per share amounts)

 

Six Months Ended June 30,

 

2022

 

2021

Cash flows from operating activities:

 

 

 

Net (loss) income

$

(8,711

)

 

$

1,573

 

Adjustments to reconcile net (loss) income to net cash used in operating activities:

 

 

 

Depreciation and amortization

 

559

 

 

 

278

 

Stock-based compensation expense

 

769

 

 

 

345

 

Non-cash lease expense

 

354

 

 

 

551

 

Non-cash debt forgiveness

 

 

 

 

(2,000

)

Change in fair value of warrant liabilities

 

(1,527

)

 

 

 

Change in operating assets and liabilities:

 

 

 

Accounts receivable

 

(298

)

 

 

(828

)

Inventory

 

(47

)

 

 

223

 

Prepaid expenses and other assets

 

(2,239

)

 

 

(419

)

Accounts payable

 

(600

)

 

 

(356

)

Accrued expenses and other liabilities

 

358

 

 

 

(103

)

Lease liabilities

 

(411

)

 

 

(597

)

Deferred revenue

 

(373

)

 

 

(131

)

Net cash used in operating activities

 

(12,166

)

 

 

(1,464

)

Cash flows from investing activities:

 

 

 

Purchases of property and equipment

 

(8,454

)

 

 

(143

)

Cash paid for acquisitions, net of cash acquired

 

(8,861

)

 

 

 

Net cash used in investing activities

 

(17,315

)

 

 

(143

)

Cash flows from financing activities:

 

 

 

Proceeds from issuance of common stock

 

288

 

 

 

71

 

Proceeds received from exercise of preferred stock warrants

 

 

 

 

60

 

Repayments of loans payable

 

 

 

 

(958

)

Net cash provided by (used in) financing activities

 

288

 

 

$

(827

)

Net change in cash and cash equivalents and restricted cash

$

(29,193

)

 

$

(2,434

)

Effect of change in foreign currency exchange rates on cash and cash equivalents and restricted cash

 

(86

)

 

 

120

 

Cash and cash equivalents and restricted cash at beginning of period

 

79,819

 

 

 

8,709

 

Cash and cash equivalents and restricted cash at end of period

$

50,540

 

 

$

6,395

 

Supplemental disclosure of cash and non-cash transactions:

 

 

 

Cash paid for interest

$

 

 

$

63

 

Deferred offering costs

$

 

 

$

1,820

 

SHAPEWAYS HOLDINGS, INC.

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise