Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited)

v3.23.3
Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Common Stock, Beginning Balance (in shares) at Dec. 31, 2021 [1]   6,078,467      
Beginning Balance at Dec. 31, 2021 $ 85,004 $ 5 $ 198,179 $ (112,811) $ (369)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Legacy Shapways common stock upon exercise of stock options, (in shares) [1]   27,246      
Issuance of common stock for stock-based compensation 99   99    
Stock-based compensation expense 312   312    
Net loss (4,037)     (4,037)  
Transfer of Private Warrants to Public Warrants 382   382    
Foreign currency translation adjustment (52)       (52)
Ending Balance at Mar. 31, 2022 81,708 $ 5 198,972 (116,848) (421)
Common Stock, Ending Balance (in shares) at Mar. 31, 2022 [1]   6,105,713      
Common Stock, Beginning Balance (in shares) at Dec. 31, 2021 [1]   6,078,467      
Beginning Balance at Dec. 31, 2021 85,004 $ 5 198,179 (112,811) (369)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (13,261)        
Foreign currency translation adjustment (351)        
Ending Balance at Sep. 30, 2022 73,870 $ 5 200,657 (126,072) (720)
Common Stock, Ending Balance (in shares) at Sep. 30, 2022 [1]   6,161,785      
Common Stock, Beginning Balance (in shares) at Mar. 31, 2022 [1]   6,105,713      
Beginning Balance at Mar. 31, 2022 81,708 $ 5 198,972 (116,848) (421)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Legacy Shapways common stock upon exercise of stock options, (in shares) [1]   45,966      
Issuance of common stock for stock-based compensation 189   189    
Stock-based compensation expense 457   457    
Net loss (4,674)     (4,674)  
Transfer of Private Warrants to Public Warrants 288   288    
Foreign currency translation adjustment (174)       (174)
Ending Balance at Jun. 30, 2022 77,794 $ 5 199,906 (121,522) (595)
Common Stock, Ending Balance (in shares) at Jun. 30, 2022 [1]   6,151,679      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Legacy Shapways common stock upon exercise of stock options, (in shares) [1]   10,106      
Issuance of common stock for stock-based compensation 1   1    
Stock-based compensation expense 750   750    
Net loss (4,550)     (4,550)  
Foreign currency translation adjustment (125)       (125)
Ending Balance at Sep. 30, 2022 $ 73,870 $ 5 200,657 (126,072) (720)
Common Stock, Ending Balance (in shares) at Sep. 30, 2022 [1]   6,161,785      
Common Stock, Beginning Balance (in shares) at Dec. 31, 2022 6,180,646 6,180,646 [1]      
Beginning Balance at Dec. 31, 2022 $ 67,791 $ 5 201,362 (133,032) (544)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Legacy Shapways common stock upon exercise of stock options, (in shares) 32 20,507 [1]      
Cancellation of restricted stock (in shares) [1]   (7)      
Stock-based compensation expense $ 805   805    
Net loss (7,403)     (7,403)  
Foreign currency translation adjustment 39       39
Ending Balance at Mar. 31, 2023 $ 61,232 $ 5 202,167 (140,435) (505)
Common Stock, Ending Balance (in shares) at Mar. 31, 2023 [1]   6,201,146      
Common Stock, Beginning Balance (in shares) at Dec. 31, 2022 6,180,646 6,180,646 [1]      
Beginning Balance at Dec. 31, 2022 $ 67,791 $ 5 201,362 (133,032) (544)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Restricted stock units withheld for employee tax liability (shares) (53,418)        
Net loss $ (33,377)        
Foreign currency translation adjustment (21)        
Ending Balance at Sep. 30, 2023 $ 36,759 $ 1 203,732 (166,409) (565)
Common Stock, Ending Balance (in shares) at Sep. 30, 2023 6,547,873 6,547,873 [1]      
Common Stock, Beginning Balance (in shares) at Mar. 31, 2023 [1]   6,201,146      
Beginning Balance at Mar. 31, 2023 $ 61,232 $ 5 202,167 (140,435) (505)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Legacy Shapways common stock upon exercise of stock options, (in shares) 0 118,945 [1]      
Issuance of common stock upon settlement of earnout consideration liability (shares) [1]   156,658      
Issuance of common stock upon settlement of earnout consideration liability $ 537   537    
Restricted stock units withheld for employee tax liability (shares) [1] (34,058)        
Restricted stock units withheld for employee tax liability $ (111)   (111)    
Cancellation of restricted stock (in shares) [1]   (170)      
Stock-based compensation expense 476   476    
Redemption of fractional shares on reverse stock split (shares) [1]   (85)      
Redemption of fractional shares on reverse stock split (4)   (4)    
Net loss (6,781)     (6,781)  
Foreign currency translation adjustment 5       5
Ending Balance at Jun. 30, 2023 $ 55,354 $ 5 203,065 (147,216) (500)
Common Stock, Ending Balance (in shares) at Jun. 30, 2023 [1]   6,442,436      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Legacy Shapways common stock upon exercise of stock options, (in shares) 0 86,876      
Issuance of common stock under the ATM facility, net of offering costs (in shares)   19,360      
Restricted stock units withheld for employee tax liability $ (58)   (58)    
Restricted stock units withheld for employee tax liability (shares) (19,360) (1,666)      
Cancellation of restricted stock (in shares)   39,587      
Issuance of common stock under the ATM Facility, net of offering costs $ 118   118    
Stock-based compensation expense 603   603    
Redemption of fractional shares on reverse stock split   $ 4 (4)    
Net loss (19,193)     (19,193)  
Foreign currency translation adjustment (65)       (65)
Ending Balance at Sep. 30, 2023 $ 36,759 $ 1 $ 203,732 $ (166,409) $ (565)
Common Stock, Ending Balance (in shares) at Sep. 30, 2023 6,547,873 6,547,873 [1]      
[1] Retroactively adjusted shares issued and outstanding to give effect to the Company's 1-for-8 reverse stock split. See Note 2.