Xometry Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 29, 2024
XMTR$120.59+4.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In thousands, except share and per share data)
| December 31, | December 31, | |
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $53,424 | $65,662 |
| Marketable securities | 215,352 | 253,770 |
| Accounts receivable, less allowance for credit losses of $2.4 million and $2.0 million as of December 31, 2023 and 2022 | 70,102 | 49,277 |
| Inventory | 2,885 | 1,571 |
| Prepaid expenses | 5,571 | 7,591 |
| Other current assets | 8,897 | 9,373 |
| Total current assets | 356,231 | 387,244 |
| Property and equipment, net | 35,637 | 19,079 |
| Operating lease right-of-use assets | 12,251 | 25,923 |
| Investment in unconsolidated joint venture | 4,114 | 4,068 |
| Intangible assets, net | 35,768 | 39,351 |
| Goodwill | 262,915 | 258,036 |
| Other assets | 471 | 413 |
| Total assets | $707,387 | $734,114 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $24,710 | $12,437 |
| Accrued expenses | 41,845 | 33,433 |
| Contract liabilities | 7,357 | 8,729 |
| Income taxes payable | 2,484 | 3,956 |
| Operating lease liabilities, current portion | 6,799 | 5,471 |
| Total current liabilities | 83,195 | 64,026 |
| Convertible notes | 281,769 | 279,909 |
| Operating lease liabilities, net of current portion | 10,951 | 16,940 |
| Deferred income taxes | 275 | 429 |
| Other liabilities | 778 | 1,011 |
| Total liabilities | 376,968 | 362,315 |
| Commitments and contingencies (Note 12) | ||
| Stockholders’ equity | ||
| Preferred stock, $0.000001 par value. Authorized; 50,000,000 shares; zero shares issued and outstanding as of December 31, 2023 and 2022, respectively | — | — |
| Class A Common stock, $0.000001 par value. Authorized; 750,000,000 shares; 45,489,379 shares and 44,822,264 shares issued and outstanding as of December 31, 2023 and 2022, respectively | — | — |
| Class B Common stock, $0.000001 par value. Authorized; 5,000,000 shares; 2,676,154 shares issued and outstanding as of December 31, 2023 and 2022, respectively | — | — |
| Additional paid-in capital | 648,317 | 623,081 |
| Accumulated other comprehensive income | 855 | 28 |
| Accumulated deficit | (319,872) | (252,400) |
| Total stockholders’ equity | 329,300 | 370,709 |
| Noncontrolling interest | 1,119 | 1,090 |
| Total equity | 330,419 | 371,799 |
| Total liabilities and stockholders’ equity | $707,387 | $734,114 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.