Blend Results Presentation Deck
Reconciliation of GAAP to Non-GAAP Measures (cont.)
(in thousands)
GAAP operating expenses
Non-GAAP adjustments:
Stock-based compensation and amortization of warrant
Amortization of acquired intangible assets(²)
Impairment of intangible assets and goodwill (3)
Restructuring (4)
Litigation contingencies(5)
Acquisition-related expenses(6)
Non-GAAP operating expenses
GAAP loss from operations
Non-GAAP adjustments:
Stock-based compensation and amortization of warrant
Amortization of acquired intangible assets (²)
Impairment of intangible assets and goodwill (3)
Restructuring (4)
Litigation contingencies(5)
Acquisition-related expenses(6)
Non-GAAP loss from operations
GAAP net loss
Non-GAAP adjustments:
Stock-based compensation and amortization of warrant
Amortization of acquired intangible assets (2)
Impairment of intangible assets and goodwill (3)
Restructuring (4)
Litigation contingencies(5)
Acquisition-related expenses(6)
Gain on investment in equity securities(7)
Foreign currency gains and losses (8)
Income tax benefit (⁹)
Non-GAAP net loss
$
$
$
S
$
$
Three Months Ended December 31,
2021
2022
89,564 S
27,617
2,959
700
183
58,105
(75,157) S
28,191
2,959
700
183
(43,124) S
(81,443) S
28,191
2,959
700
183
109
(49,301)
94,810 $
16,541
3,772
569
73,928
(59,865) $
16,833
3,772
$
569
(38,691) S
(71,511) $
16,833
3,772
569
5,991
(44,346) $
Year Ended December 31,
2022
2021
835,828 $
107,657
8,411
449,680
15,275
700
3,139
250,966 $
(746,177) $
109,726
8,411
449,680
15,275
700
3,139
(159,246) S
(763,810) $
109,726
8,411
449,680
15,275
700
3,139
(2,884)
458
(2,864)
(182,169) $
313,231
70,383
8,136
12,984
221,728
(197,242)
71,136
8,136
12,984
(104,986)
(169,142)
71,136
8,136
12,984
(39,311)
(116.197)
blend
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