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Segment Information
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Segment Information
(22) Segment Information

The Company has two reportable segments: Healthcare Solutions and Industrial Solutions. Our reportable segments are based upon the industry verticals that they serve and reflect how we report our financial results to the chief operating decision maker ("CODM"). The CODM does not review disaggregated asset information on the basis of the Company's segments; therefore, such information is not presented.

Effective as of January 1, 2023, and for periods subsequent thereto, Adjusted EBITDA reflects the measure of profitability used by the Company’s CODM to evaluate the performance of the Company’s reportable segments. In addition, as of January 1, 2023, the Company's methodology for allocating certain costs between its segments was revised to more closely reflect changes in the Company's business and estimates of the usage of shared resources by the Company's segments. Prior year segment results have been revised to conform with current year presentation in connection with the changes referenced above. Fiscal year 2021 segment results have not been presented as it was determined to be impracticable to restate them on a comparable basis.
The following tables set forth our operating results by segment for the years ended December 31, 2023 and 2022:

RevenueAdjusted EBITDA
Year Ended December 31,
Year Ended December 31,
(in thousands)2023202220232022
Healthcare Solutions$213,216 $260,988 $38,520 $55,783 
Industrial Solutions274,853 277,043 19,128 24,214 
Total Reportable segments488,069 538,031 57,648 79,997 
Corporate and Other(1)
— — (83,906)(85,778)
Total Company$488,069 $538,031 $(26,258)$(5,781)

(1) Corporate and Other is not an operating segment, but reflects expenses not directly attributable to and, accordingly, not allocated to our reportable segments. These expenses relate to corporate functions such as human resources, finance, and legal and include expenses such as salaries, benefits, and other related costs. Similar to the Company's operating segments, Corporate results are reported to and reviewed by the Company’s CODM on the basis of Adjusted EBITDA.

The following table provides a reconciliation of the Company’s reported net loss to the total of our reportable segment Adjusted EBITDA and Corporate and Other Adjusted EBITDA for the years ended December 31, 2023 and 2022:

Year Ended December 31,
(in thousands)
2023
2022
Net loss attributable to 3D Systems Corporation$(362,688)$(122,711)
Interest income, net
(16,210)(6,541)
(Benefit) provision for income taxes
(641)2,140 
Depreciation expense21,346 21,096 
Amortization expense12,067 15,480 
Stock-based compensation expense23,50442,489
Acquisition and divestiture-related expense(1,070)12,360
Legal expenses8,05319,062
Restructuring expense11,487 733 
Net loss attributable to redeemable non-controlling interest
(265)(238)
Loss on equity method investment, net of income taxes
1,282— 
Goodwill and other assets impairment charges
304,35918
Gain on repurchase of debt
(32,181)— 
Other non-operating expense
4,699 10,331
Adjusted EBITDA$(26,258)$(5,781)

The following table summarizes long-lived assets by geographic region as of December 31, 2023 and 2022:

December 31,
(in thousands)20232022
United States
$94,734 $66,424 
Belgium
21,524 18,768 
Other foreign entities
18,783 15,626 
Total$135,041 $100,818