secwatch.observer — SEC 8-K summary
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Issuer:     Shapeways Holdings, Inc. (—)
CIK:        0001784851
Form:       8-K
Filed at:   2024-03-28T23:59:59+00:00
Accession:  0001628280-24-013627
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shapeways Q4 revenue $9.5M, gross margin 46%; net loss widens to $10.5M; exploring asset sale
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- Q4 revenue $9.5M (+9% YoY), gross profit $4.4M (+23% YoY), gross margin 46% vs 41%.
- Q4 net loss $(10.5M) includes $3.0M equipment impairment and $1.1M goodwill impairment.
- Full-year 2023 revenue $34.5M (+4% YoY), net loss $(43.9M) vs $(20.2M) in 2022.
- Company cut workforce ~15% in Q4, exploring sale of manufacturing or software assets, no deal signed.
- Q1 2024 revenue guidance $8.3M-8.6M, down from Q4's $9.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1784851/000162828024013627/0001628280-24-013627-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1784851/000162828024013627/shpw-20240328.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-013627

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer