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MATTERPORT, INC.
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In thousands, except per share amounts) (unaudited) | ||||||||
| Three Months Ended March 31, | ||||||||
| 2024 | 2023 | |||||||
| GAAP net loss | $ | (36,128 | ) | $ | (53,842 | ) | ||
| Stock-based compensation related charges(1) | 30,727 | 33,111 | ||||||
| Acquisition-related costs(2) | 1,007 | — | ||||||
| Amortization expense of acquired intangible assets | 443 | 443 | ||||||
| Change in fair value of warrants liability(3) | (120 | ) | (222 | ) | ||||
| Non-GAAP net loss | $ | (4,071 | ) | $ | (20,510 | ) | ||
| GAAP net loss per share attributable to common stockholders, basic and diluted | $ | (0.12 | ) | $ | (0.18 | ) | ||
| Non-GAAP net loss per share attributable to common stockholders, basic and diluted | $ | (0.01 | ) | $ | (0.07 | ) | ||
| Weighted-average shares used to compute net loss per share, basic and diluted | 313,008 | 293,074 | ||||||
(1) Consists primarily of non-cash share-based compensation expense related to our stock incentive plans, and the employer payroll taxes related to our stock options and restricted stock units.
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