| Xometry, Inc. and Subsidiaries | ||||||||
| Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss | ||||||||
| (In thousands, except share and per share amounts) | ||||||||
|
Three Months Ended
March 31, | ||||||||
| 2023 | 2022 | |||||||
| (unaudited) | ||||||||
| Revenue | $ | 105,326 | $ | 83,671 | ||||
| Cost of revenue | 65,957 | 50,732 | ||||||
| Gross profit | 39,369 | 32,939 | ||||||
| Sales and marketing | 22,439 | 19,285 | ||||||
| Operations and support | 12,608 | 12,358 | ||||||
| Product development | 8,125 | 7,290 | ||||||
| General and administrative | 15,957 | 12,959 | ||||||
| Impairment of assets | 27 | - | ||||||
| Total operating expenses | 59,156 | 51,892 | ||||||
| Loss from operations | (19,787 | ) | (18,953 | ) | ||||
| Other (expenses) income | ||||||||
| Interest expense | (1,198 | ) | (769 | ) | ||||
| Interest and dividend income | 2,695 | 96 | ||||||
| Other income (expenses) | 17 | (962 | ) | |||||
| Income from unconsolidated joint venture | 66 | 34 | ||||||
| Total other income (expenses) | 1,580 | (1,601 | ) | |||||
| Loss before income taxes | (18,207 | ) | (20,554 | ) | ||||
| Provision (benefit) for income taxes | (136 | ) | 559 | |||||
| Net loss | (18,343 | ) | (19,995 | ) | ||||
| Net income attributable to noncontrolling interest | 1 | 17 | ||||||
| Net loss attributable to common stockholders | $ | (18,344 | ) | $ | (20,012 | ) | ||
| Net loss per share, basic and diluted | $ | (0.38 | ) | $ | (0.43 | ) | ||
| Weighted-average number of shares outstanding used to compute
net loss per share, basic and diluted | 47,699,561 | 46,789,585 | ||||||
| Comprehensive loss: | ||||||||
| Foreign currency translation | $ | 135 | $ | (28 | ) | |||
| Total other comprehensive income (loss) | 135 | (28 | ) | |||||
| Net loss | (18,343 | ) | (19,995 | ) | ||||
| Comprehensive loss | (18,208 | ) | (20,023 | ) | ||||
| Comprehensive income attributable to noncontrolling interest | 5 | 34 | ||||||
| Total comprehensive loss attributable to common stockholders | $ | (18,213 | ) | $ | (20,057 | ) | ||
