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Segment Information | 3 Months Ended
--- | ---
Mar. 31, 2024
Segment Reporting [Abstract] |
Segment Information | (15) 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. The following table sets forth our operating results by segment for the three months ended March 31, 2024 and 2023:
| Revenue |  | Adjusted EBITDA
(in thousands) | March 31, 2024 |  | March 31, 2023 |  | March 31, 2024 |  | March 31, 2023
Healthcare Solutions | $ | 45,413 |  |  | $ | 48,725 |  |  | $ | 3,720 |  |  | $ | 5,065 |
Industrial Solutions | 57,492 |  |  | 72,511 |  |  | 2,082 |  |  | 6,902 |
Total Reportable segments | $ | 102,905 |  |  | $ | 121,236 |  |  | $ | 5,802 |  |  | $ | 11,967 |
The following table provides a reconciliation of our reportable segment Adjusted EBITDA to our reported Net loss attributable to 3D Systems Corporation for the three months ended March 31, 2024 and 2023:
|  | Three Months Ended
(in thousands) |  | March 31, 2024 |  | March 31, 2023
Total segment adjusted EBITDA |  | $ | 5,802 |  |  | $ | 11,967 |
Less items to reconcile Segment Adjusted EBITDA to net loss attributable to 3D Systems: |  |  |  |
Corporate expense not allocated to segments |  | (25,862) |  |  | (22,061) |
Interest income (expense), net |  | 2,084 |  |  | 3,805 |
Provision for income taxes |  | (1,371) |  |  | (8) |
Depreciation expense |  | (4,960) |  |  | (5,312) |
Amortization expense |  | (2,313) |  |  | (3,239) |
Stock-based compensation expense |  | (8,185) |  |  | (10,292) |
Acquisition and divestiture-related expense |  | (53) |  |  | (2,677) |
Legal and other related costs |  | (4,240) |  |  | (79) |
Restructuring expense |  | (51) |  |  | (1,703) |
Net loss attributable to redeemable non-controlling interest |  | 100 |  |  | 108 |
Loss on equity method investments, net of tax |  | (247) |  |  | — |
Gain on repurchase of debt |  | 21,518 |  |  | — |
Other non-operating income (expense) |  | 1,777 |  |  | 70 |
Net loss attributable to 3D Systems Corporation |  | $ | (16,001) |  |  | $ | (29,421) |
The following table summarizes long-lived assets by geographic region as of March 31, 2024 and December 31, 2023:
(in thousands) |  | March 31, 2024 |  | December 31, 2023
United States |  | $ | 91,878 |  |  | $ | 94,734 |
Belgium |  | 19,549 |  |  | 21,524 |
Other foreign entities |  | 17,197 |  |  | 18,783 |
Total |  | $ | 128,624 |  |  | $ | 135,041 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
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