Xometry Inc
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
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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.
FY2024 · Filed Feb 25, 2025
XMTR$119.31-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
(In thousands)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Cash flows from operating activities: | |||
| Net loss | $(50,403) | $(67,465) | $(79,043) |
| Adjustments to reconcile net loss to net cash used in operating activities: | |||
| Depreciation and amortization | 13,012 | 10,738 | 7,819 |
| Impairment of assets | 82 | 397 | 824 |
| Reduction in carrying amount of right-of-use asset | 4,458 | 14,355 | 7,236 |
| Stock-based compensation | 29,322 | 22,118 | 19,172 |
| Revaluation of contingent consideration | 137 | 571 | 817 |
| (Income) loss from unconsolidated joint venture | (42) | (46) | 130 |
| Donation of common stock | 1,686 | 1,029 | 2,272 |
| Losses on marketable securities | — | — | 1,855 |
| Loss on sale of property and equipment | 3 | 92 | 47 |
| Inventory write-off | — | 223 | 133 |
| Amortization of deferred costs on convertible notes | 1,859 | 1,860 | 1,718 |
| Deferred tax benefit | (46) | (154) | (653) |
| Restructuring charges | — | — | 1,549 |
| Changes in other assets and liabilities: | |||
| Accounts receivable, net | (5,749) | (20,594) | (17,012) |
| Inventory | (1,282) | (1,550) | 351 |
| Prepaid expenses | 599 | 1,669 | (1,616) |
| Other assets | 4,213 | (80) | (4,116) |
| Accounts payable and accrued cost of revenue | (8,706) | 12,593 | (215) |
| Other accrued expenses | 2,681 | 1,603 | 406 |
| Contract liabilities | 681 | (1,404) | 735 |
| Lease liabilities | (6,911) | (5,520) | (5,727) |
| Other liabilities | 527 | — | — |
| Income taxes payable | (1,505) | (312) | 743 |
| Net cash used in operating activities | (15,384) | (29,877) | (62,575) |
| Cash flows from investing activities: | |||
| Purchases of marketable securities | (18,751) | (11,582) | (284,096) |
| Proceeds from sale of marketable securities | 16,500 | 50,000 | 58,927 |
| Purchases of property and equipment | (18,097) | (18,486) | (13,650) |
| Distributions in excess of earnings | 90 | — | — |
| Proceeds from sale of property and equipment | 79 | 223 | 189 |
| Cash paid for business combination, net of cash acquired | — | (3,349) | — |
| Net cash (used in) provided by investing activities | (20,179) | 16,806 | (238,630) |
| Cash flows from financing activities: | |||
| Proceeds from stock options exercised | 5,104 | 1,909 | 3,715 |
| Proceeds from issuance of convertible notes | — | — | 287,500 |
| Costs incurred in connection with issuance of convertible notes | — | — | (9,309) |
| Payment of contingent consideration | (465) | (842) | (932) |
| Payments on finance lease obligations | — | — | (2) |
| Net cash provided by financing activities | 4,639 | 1,067 | 280,972 |
| Effect of foreign currency translation on cash and cash equivalents | (268) | (234) | (367) |
| Net decrease in cash and cash equivalents | (31,192) | (12,238) | (20,600) |
| Cash and cash equivalents at beginning of the year | 53,424 | 65,662 | 86,262 |
| Cash and cash equivalents at end of the year | $22,232 | $53,424 | $65,662 |
| Supplemental cash flow information: | |||
| Cash paid for interest | $2,875 | $2,875 | $1,414 |
| Non-cash investing and financing activities: | |||
| Non-cash purchase of property and equipment | 1,059 | 5,353 | 279 |
| Non-cash consideration in connection with business combination | 625 | 1,593 | (518) |
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