Matterport 2Q23 Results
Cash used in operations improved 62% Y/Y on strong revenue
growth and cost containment
($000s)
Consolidated Balance Sheet Data:
Cash and cash equivalents
Short-term and long-term investment
Working capital (1)
Property and equipment, net
Total assets
Total liabilities (2)
Warrants liability
Total stockholders' equity
Notes:
Unaudited
June 30, 2023
82,316
363,295
433,859
32,684
604,728
52,474
752
551,502
December 31, 2022
(1) Working capital is defined as current assets less current liabilities
(2) Total liabilities do not include warrants liability that are presented at period-end fair market value and listed separately in the table
117,128
359,774
468,954
30,559
640,395
55,681
803
583,911
Strong balance sheet
with $446 million in
cash and investments
No debt
Cash used in
operations was $12.4
million in Q2View entire presentation