Desktop Metal (DM) Financial Statements

Price: $2.23
Market Cap: $74.35M
Avg Volume: 276.61K
Country: US
Industry: Computer Hardware
Sector: Technology
Beta: 0.697
52W Range: $1.835-11.8
Website: Desktop Metal

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Desktop Metal.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$250.00M$250.00M$200.00M$200.00M$150.00M$150.00M$100.00M$100.00M$50.00M$50.00M$0.00$0.00201920192020202020212021202220222023202320242024
Operating Expenses
Operating Income
Operating Expenses & Income$400.00M$400.00M$200.00M$200.00M$0.00$0.00-$200.00M-$200.00M-$400.00M-$400.00M201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018
Revenue $189.70M $209.02M $112.41M $16.47M $34.58M $1.03M
Cost of Revenue $199.79M $193.95M $94.11M $31.52M $20.87M $5.47M
Gross Profit $-10.09M $15.07M $18.29M $-15.05M $13.71M $-4.43M
Gross Profit Ratio -5.30% 7.21% 16.30% -91.37% 39.64% -428.82%
Research and Development Expenses $85.10M $96.88M $68.12M $43.14M $4.71M $59.61M
General and Administrative Expenses $66.27M $83.06M $78.04M $20.73M $9.84M $8.70M
Selling and Marketing Expenses $40.33M $68.09M $47.99M $13.14M $18.75M $14.67M
Selling General and Administrative Expenses $106.61M $151.16M $126.04M $33.87M $9.84M $23.37M
Other Expenses $121.43M $304.85M $- $- $302.00K $-
Operating Expenses $344.29M $248.03M $194.16M $77.01M $14.54M $119.24M
Cost and Expenses $512.92M $441.99M $288.28M $108.53M $35.42M $124.71M
Interest Income $944.00K $1.74M $499.00K $1.01M $5.95M $2.34M
Interest Expense $4.10M $10.08M $11.97M $328.00K $503.00K $-
Depreciation and Amortization $53.62M $50.76M $26.02M $8.50M $8.10M $4.19M
EBITDA $-268.66M $-689.34M $-243.84M $-26.13M $-94.99M $-83.23M
EBITDA Ratio -141.63% -87.17% -134.34% -500.64% -0.20% -8049.03%
Operating Income $-323.22M $-232.96M $-175.87M $-92.06M $-837.00K $-87.41M
Operating Income Ratio -170.39% -111.45% -156.46% -558.93% -2.42% -8453.87%
Total Other Income Expenses Net $-3.15M $-10.08M $-68.55M $57.10M $5.45M $2.27M
Income Before Tax $-326.38M $-741.84M $-270.00M $-91.37M $-535.00K $-121.34M
Income Before Tax Ratio -172.05% -354.91% -240.20% -554.78% -1.55% -11734.91%
Income Tax Expense $-3.10M $-1.50M $-29.67M $-940.00K $22.00K $-
Net Income $-323.27M $-740.34M $-240.33M $-90.43M $-557.00K $-121.34M
Net Income Ratio -170.41% -354.19% -213.81% -549.07% -1.61% -11734.91%
EPS $-10.03 $-23.52 $-9.22 $-5.73 $-0.04 $-73.56
EPS Diluted $-10.03 $-23.52 $-9.22 $-5.73 $-0.04 $-73.56
Weighted Average Shares Outstanding 32.22M 31.48M 26.08M 15.79M 15.00M 1.65M
Weighted Average Shares Outstanding Diluted 32.22M 31.48M 26.08M 15.79M 15.00M 1.65M
SEC Filing Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$1.50B$1.50B$1.20B$1.20B$900.00M$900.00M$600.00M$600.00M$300.00M$300.00M$0.00$0.00201920192020202020212021202220222023202320242024
Equity$1.50B$1.50B$1.20B$1.20B$900.00M$900.00M$600.00M$600.00M$300.00M$300.00M$0.00$0.00-$300.00M-$300.00M201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018
Cash and Cash Equivalents $83.84M $76.29M $65.02M $483.52M $14.87M $119.14K
Short Term Investments $625.00K $108.24M $204.57M $111.87M $84.75M $64.23M
Cash and Short Term Investments $84.47M $184.53M $269.59M $595.39M $14.87M $119.14K
Net Receivables $37.69M $38.48M $46.69M $6.52M $4.52M $3.06M
Inventory $82.64M $91.74M $65.40M $9.71M $8.88M $3.98M
Other Current Assets $11.34M $21.66M $20.34M $976.00K $1.89M $5.43M
Total Current Assets $216.14M $336.42M $400.01M $612.59M $30.72M $105.74M
Property Plant Equipment Net $65.56M $56.27M $58.71M $12.16M $1.72M $21.35M
Goodwill $- $112.95M $639.30M $2.25M $2.25M $-
Intangible Assets $171.67M $219.83M $261.98M $9.41M $594.00K $788.00K
Goodwill and Intangible Assets $171.67M $332.79M $901.28M $11.67M $594.00K $788.00K
Long Term Investments $2.00M $2.00M $6.75M $3.61M $612.00K $450.00K
Tax Assets $- $56.56M $-6.75M $-3.61M $-874.00K $429.26K
Other Non-Current Assets $2.63M $-29.68M $26.59M $5.49M $262.00K $182.74K
Total Non-Current Assets $241.86M $417.93M $986.59M $29.32M $2.31M $23.20M
Other Assets $- $- $- $- $- $-128.61M
Total Assets $458.00M $754.35M $1.39B $641.91M $33.03M $325.68K
Account Payables $18.19M $25.11M $31.56M $7.59M $10.23M $14.57M
Short Term Debt $15.14M $12.04M $11.88M $11.73M $806.00K $626.00K
Tax Payables $1.32M $1.05M $507.00K $586.00K $464.00K $-
Deferred Revenue $5.36M $25.25M $32.33M $4.48M $3.12M $-299.00K
Other Current Liabilities $30.10M $33.66M $45.98M $9.12M $9.14M $7.90M
Total Current Liabilities $70.10M $83.39M $102.06M $30.50M $7.66M $23.10M
Long Term Debt $136.22M $130.00M $13.62M $2.16M $13.00M $13.52M
Deferred Revenue Non-Current $3.70M $3.66M $4.51M $- $12.96M $-
Deferred Tax Liabilities Non-Current $3.52M $8.43M $10.70M $- $35.66K $-
Other Non-Current Liabilities $2.81M $1.36M $7.35M $- $-35.66K $-
Total Non-Current Liabilities $146.25M $143.46M $36.18M $2.16M $13.00M $13.52M
Other Liabilities $- $- $- $- $-13.00M $-36.27M
Total Liabilities $216.35M $226.84M $138.25M $32.66M $7.66M $344.37K
Preferred Stock $- $- $- $- $- $276.89M
Common Stock $33.00K $32.00K $31.00K $23.00K $289.28M $750
Retained Earnings $-1.63B $-1.31B $-568.61M $-384.69M $28.52M $-43.69K
Accumulated Other Comprehensive Income Loss $-34.66M $-38.37M $-6.41M $-9.00K $-3.58M $-345.00K
Other Total Stockholders Equity $1.91B $1.87B $1.82B $844.19M $453.24M $-282.96M
Total Stockholders Equity $241.65M $527.50M $1.25B $609.25M $25.38M $-18.69K
Total Equity $241.65M $527.50M $1.25B $609.25M $25.38M $-18.69K
Total Liabilities and Stockholders Equity $458.00M $754.35M $1.39B $641.91M $33.03M $325.68K
Minority Interest $- $- $- $- $- $-
Total Liabilities and Total Equity $458.00M $754.35M $1.39B $641.91M $33.03M $325.68K
Total Investments $2.62M $110.24M $211.32M $111.87M $84.75M $64.68M
Total Debt $143.95M $136.32M $19.98M $13.02M $600.00K $299.00K
Net Debt $60.11M $60.03M $-45.04M $-470.51M $-14.27M $179.86K

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$200.00M$200.00M$100.00M$100.00M$0.00$0.00-$100.00M-$100.00M-$200.00M-$200.00M-$300.00M-$300.00M-$400.00M-$400.00M-$500.00M-$500.00M201920192020202020212021202220222023202320242024
Financing Cash Flow$600.00M$600.00M$500.00M$500.00M$400.00M$400.00M$300.00M$300.00M$200.00M$200.00M$100.00M$100.00M$0.00$0.00201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018
Net Income $-323.27M $-740.34M $-240.33M $-90.43M $-557.00K $-43.69K
Depreciation and Amortization $53.63M $50.77M $24.85M $8.59M $768.00K $4.19M
Deferred Income Tax $-3.10M $-1.50M $-29.67M $-940.00K $-5.30M $-
Stock Based Compensation $33.18M $48.00M $28.78M $8.01M $5.21M $3.00M
Change in Working Capital $-28.91M $-45.49M $-35.50M $-8.20M $-1.11M $-3.58K
Accounts Receivables $-1.30M $6.74M $-18.02M $-2.37M $8.00K $-3.06M
Inventory $-19.08M $-28.18M $-16.96M $-1.30M $144.00K $-6.97M
Accounts Payables $-6.89M $-6.59M $10.80M $-2.64M $726.00K $-
Other Working Capital $-1.64M $-17.45M $-11.31M $-1.89M $-1.99M $-3.58K
Other Non Cash Items $153.48M $507.03M $96.82M $2.40M $-17.00K $13.27M
Net Cash Provided by Operating Activities $-115.00M $-181.53M $-155.05M $-80.58M $-1.01M $-47.27K
Investments in Property Plant and Equipment $-2.76M $-11.52M $-28.90M $-1.43M $-777.00K $-13.97M
Acquisitions Net $-1.75M $-23.00K $-307.62M $-5.28M $-96.00K $-
Purchases of Investments $-4.97M $-158.40M $-334.49M $-139.29M $-215.58M $-
Sales Maturities of Investments $116.81M $251.31M $243.35M $109.02M $196.84M $-
Other Investing Activities $9.94M $206.00K $377.00K $-30.27M $18.84M $52.98M
Net Cash Used for Investing Activities $117.27M $81.57M $-427.29M $-36.98M $-777.00K $39.01M
Debt Repayment $-419.00K $114.46M $-10.00M $- $- $9.95M
Common Stock Issued $1.20M $3.19M $177.09M $1.92M $160.35M $-132.59K
Common Stock Repurchased $-250.00K $-243.00K $-541.00K $- $- $-
Dividends Paid $- $- $- $- $- $-
Other Financing Activities $953.00K $-672.00K $176.55M $534.92M $160.35M $35.47M
Net Cash Used Provided by Financing Activities $534.00K $113.79M $166.55M $534.92M $600.00K $166.41K
Effect of Forex Changes on Cash $-27.00K $-167.00K $-85.00K $612.00K $-879.00K $-
Net Change in Cash $2.78M $13.65M $-415.88M $417.98M $-2.06M $39.13M
Cash at End of Period $84.69M $81.91M $68.26M $484.14M $14.87M $119.14K
Cash at Beginning of Period $81.91M $68.26M $484.14M $66.16M $16.93M $-39.01M
Operating Cash Flow $-115.00M $-181.53M $-155.05M $-80.58M $-1.01M $-47.27K
Capital Expenditure $-2.76M $-11.52M $-28.90M $-1.43M $-777.00K $-13.97M
Free Cash Flow $-117.76M $-193.05M $-183.95M $-82.00M $-1.78M $-14.02M