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)
Acquisition-related expenses(5)
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)
Acquisition-related expenses(5)
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)
Acquisition-related expenses (5)
Foreign currency gains and losses(6)
Income tax benefit(7)
Non-GAAP net loss
$
S
$
$
$
$
Three Months Ended June 30,
2022
2021
496,681 $
28,698
4,068
391,823
6,380
411
65,301
(471,416) S
29,248
4,068
391,823
$
6,380
411
(39,486) S
(477,202) S
29,248
4,068
391,823
6,380
411
181
(45,091)
59,336
6,495
6,635
46.206
6,652
(39,634) $
$
$
6,635
(26,347) S
6,652
5,766 $
6,635
(45,302)
(26,249) $
Six Months Ended June 30,
2022
2021
595,298
52,541
8,136
391,823
6,380
2,224
134,194
$
$
(541,164) $
53,584
8,136
391,823
6,380
2,224
(79,017) $
(549,620) $
53,584
8,136
391,823
6,380
2,224
227
(2,864)
(90,110) $
107,558
10,626
10,842
86,090
(66,841)
10,841
10,842
(45,158)
(21,301)
10,841
10,842
(45,302)
(44,920)
blend
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