Momentus Results Presentation Deck
CY 2023 GAAP to Non-
GAAP Reconciliations
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A reconciliation of selling, general, and administrative expenses to non-GAAP selling, general, and administrative expenses for
the three months ended March 31, 2023, March 31, 2022, and December 31, 2022, is set forth below:
(in thousands)
Selling, general, and administrative expenses
Stock-based compensation
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 expenses¹
Non-GAAP selling, general, administration expenses
March 31, 2023
S
$
Three Months Ended
March 31, 2022 December 31,
2022
10,270 $
1,244
$
85
110
$
1,219
22
232
7,358 $
March 31, 2023
14,853 $
1,839
795
795
114
2,135
978
1 - Loss contingencies for certain severance agreements were reversed when the Company determined they would not be signed and paid
A reconciliation of research and development expenses to non-GAAP research and development expenses for the three months
ended March 31, 2023, March 31, 2022, and December 31, 2022, is set forth below:
8,197 $
Three Months Ended
March 31, 2022
10,119 $
514
476
122
9,007 $
(in thousands)
Research and development expenses
Prepaid launch deposit impairment
Stock-based compensation
Severance and non-recurring expenses
Non-GAAP Research and development expenses
1 - Loss contingencies for certain severance agreements were reversed when the Company determined they would not be signed and paid
10,929
2,534
161
755
1,004
76
233
9,971 $
6,166
373
350
9,248 $
December 31,
2022
10,283
510
9,773
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