Momentus Results Presentation Deck
CY 2023 GAAP to Non-
GAAP
Reconciliations
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Quarterly adjusted EBITDA
A reconciliation of adjusted EBITDA to net loss for the three months ended March 31, 2023, March 31, 2022, and
December 31, 2022, is set forth below:
(in thousands)
Net loss
Income tax expense
Interest income
Interest expense
Depreciation & amortization
EBITDA
Increase (decrease) in fair value of warrants
Realized loss on disposal of assets
Litigation settlement, net
Three Months Ended
March 31, 2023 March 31, 2022
(20,825) S
(555)
920
229
(20,231)
112
514
85
110
1,219
22
232
122
1,720
(16,095) $
(26,834) $
1,492
294
(25,048)
451
70
(3)
December 31,
2022
Prepaid launch deposit impairment
SEC and CFIUS legal expenses
Class action litigation legal expenses
Other non-recurring litigation legal expense
SEC compliance costs
NSA compliance costs
Severance and other non-recurring expenses
Stock-based compensation
2,212
3,044
Adjusted EBITDA
(17,151) $
(15,550)
1 - Loss contingencies for certain severance agreements were reversed when the Company determined they would not be signed and paid
795
795
114
2,135
978
350
(24,440)
(489)
1,096
259
(23,574)
(1,803)
54
4,500
161
755
1,004
76
233
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