| 3D Systems Corporation | |||||||||||||||
| Unaudited Condensed Consolidated Statements of Operations | |||||||||||||||
| Three and Nine Months Ended September 30, 2022 and 2021 | |||||||||||||||
| (Unaudited) | |||||||||||||||
| Three Months Ended September 30, | Nine Months Ended September 30, | ||||||||||||||
| (in thousands, except per share amounts) | 2022 | 2021 | 2022 | 2021 | |||||||||||
| Revenue: | |||||||||||||||
| Products | $ | 96,337 | $ | 108,884 | $ | 300,662 | $ | 311,170 | |||||||
| Services | 35,916 | 47,212 | 104,637 | 153,599 | |||||||||||
| Total revenue | 132,253 | 156,096 | 405,299 | 464,769 | |||||||||||
| Cost of sales: | |||||||||||||||
| Products | 58,042 | 64,252 | 181,845 | 180,251 | |||||||||||
| Services | 21,541 | 27,529 | 63,851 | 86,958 | |||||||||||
| Total cost of sales | 79,583 | 91,781 | 245,696 | 267,209 | |||||||||||
| Gross profit | 52,670 | 64,315 | 159,603 | 197,560 | |||||||||||
| Operating expenses: | |||||||||||||||
| Selling, general and administrative | 65,579 | 65,737 | 185,398 | 176,800 | |||||||||||
| Research and development | 20,796 | 15,786 | 63,180 | 49,987 | |||||||||||
| Total operating expenses | 86,375 | 81,523 | 248,578 | 226,787 | |||||||||||
| Loss from operations | (33,705 | ) | (17,208 | ) | (88,975 | ) | (29,227 | ) | |||||||
| Interest and other income (expense), net | (3,502 | ) | 315,859 | (5,456 | ) | 354,396 | |||||||||
| (Loss) income before income taxes | (37,207 | ) | 298,651 | (94,431 | ) | 325,169 | |||||||||
| (Provision) benefit for income taxes | (338 | ) | (5,995 | ) | (2,911 | ) | 3,083 | ||||||||
| Net (loss) income before redeemable non-controlling interest | (37,545 | ) | 292,656 | (97,342 | ) | 328,252 | |||||||||
| Less: net (loss) attributable to redeemable noncontrolling interests | (147 | ) | — | (184 | ) | — | |||||||||
| Net (loss) income attributable to 3D Systems Corporation | $ | (37,398 | ) | $ | 292,656 | $ | (97,158 | ) | $ | 328,252 | |||||
| Net (loss) income per common share: | |||||||||||||||
| Basic | $ | (0.30 | ) | $ | 2.39 | $ | (0.77 | ) | $ | 2.69 | |||||
| Diluted | $ | (0.30 | ) | $ | 2.34 | $ | (0.77 | ) | $ | 2.63 | |||||
| Weighted average shares outstanding: | |||||||||||||||
| Basic | 127,991 | 122,663 | 127,478 | 122,178 | |||||||||||
| Diluted | 127,991 | 125,289 | 127,478 | 124,839 | |||||||||||
