Desktop Metal, Inc. financial data

Location
Burlington, MA
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2024 - 31 Oct 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 273% % -24%
Quick Ratio 124% % 6.1%
Debt-to-equity 137% % 176%
Return On Equity -239% % -142%
Return On Assets -101% % -53%
Operating Margin -215% % 7.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 33,341,419 shares -90%
Common Stock, Shares, Outstanding 33,310,040 shares -90%
Common Stock, Value, Issued $4,000 USD -88%
Weighted Average Number of Shares Outstanding, Basic 33,268,899 shares 2.9%
Weighted Average Number of Shares Outstanding, Diluted 33,268,899 shares 2.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $168,283,000 USD -15%
Research and Development Expense $68,730,000 USD -18%
Selling and Marketing Expense $56,746,000 USD 41%
General and Administrative Expense $75,338,000 USD 5.7%
Operating Income (Loss) $361,704,000 USD 21%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $367,533,000 USD 20%
Income Tax Expense (Benefit) $2,019,000 USD -254%
Net Income (Loss) Attributable to Parent $365,514,000 USD 21%
Earnings Per Share, Basic -2 USD/shares 46%
Earnings Per Share, Diluted -2 USD/shares 46%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $30,617,000 USD -72%
Accounts Receivable, after Allowance for Credit Loss, Current $22,803,000 USD -43%
Inventory, Net $80,853,000 USD -25%
Assets, Current $143,439,000 USD -49%
Other Long-term Investments $2,000,000 USD 0%
Property, Plant and Equipment, Net $27,184,000 USD -29%
Operating Lease, Right-of-Use Asset $21,102,000 USD -28%
Goodwill $0 USD -100%
Other Assets, Noncurrent $27,773,000 USD -24%
Assets $273,693,000 USD -58%
Accounts Payable, Current $14,317,000 USD -55%
Employee-related Liabilities, Current $5,780,000 USD -23%
Contract with Customer, Liability, Current $11,206,000 USD -34%
Liabilities, Current $61,192,000 USD -33%
Contract with Customer, Liability, Noncurrent $2,052,000 USD -46%
Accrued Income Taxes, Noncurrent $776,000 USD -25%
Deferred Income Tax Liabilities, Net $3,609,000 USD -23%
Operating Lease, Liability, Noncurrent $18,213,000 USD -21%
Other Liabilities, Noncurrent $2,706,000 USD -12%
Liabilities $201,345,000 USD -16%
Accumulated Other Comprehensive Income (Loss), Net of Tax $34,114,000 USD 12%
Retained Earnings (Accumulated Deficit) $1,823,211,000 USD -25%
Stockholders' Equity Attributable to Parent $72,348,000 USD -82%
Liabilities and Equity $273,693,000 USD -58%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $17,409,000 USD 53%
Net Cash Provided by (Used in) Financing Activities $407,000 USD -264%
Net Cash Provided by (Used in) Investing Activities $93,000,000 USD -251%
Common Stock, Shares Authorized 500,000,000 shares 0%
Common Stock, Shares, Issued 33,310,041 shares -90%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $18,303,000 USD -175%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $30,837,000 USD -72%
Operating Lease, Liability $26,085,000 USD -12%
Depreciation $13,700,000 USD 17%
Payments to Acquire Property, Plant, and Equipment $93,000 USD -91%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $360,935,000 USD 18%
Lessee, Operating Lease, Liability, to be Paid $29,119,000 USD -14%
Property, Plant and Equipment, Gross $90,639,000 USD 2.3%
Operating Lease, Liability, Current $7,872,000 USD 20%
Lessee, Operating Lease, Liability, to be Paid, Year Two $7,322,000 USD -4.2%
Lessee, Operating Lease, Liability, to be Paid, Year One $9,152,000 USD 13%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $3,034,000 USD -28%
Lessee, Operating Lease, Liability, to be Paid, Year Three $5,246,000 USD -14%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 50,000,000 shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four $3,388,000 USD -32%
Operating Lease, Payments $10,269,000 USD 57%
Additional Paid in Capital $1,929,669,000 USD 1.5%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $103,553,000 USD 150%
Depreciation, Depletion and Amortization $24,185,000 USD 80%
Share-based Payment Arrangement, Expense $26,532,000 USD -23%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%