Desktop Metal, Inc.

DMDesktop Metal, Inc. US flag

New York Stock Exchange

4.96

USD

+0.05

- -

165.37MMarket Cap

Income Statement (USD)

MCP API Chat

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023

Sales/Revenue/Turnover	26	16	112	209	190
+ Sales & Services Revenue	26	16	112	209	190
- Cost of Revenue	51	32	94	194	200
+ Cost of Goods & Services	51	32	94	194	200
Gross Profit	-24	-15	18	15	-10
+ Other Operating Income	- -	- -	- -	- -	- -
- Operating Expenses	85	77	194	248	192
+ Selling, General & Admin	30	34	126	151	107
+ Research & Development	55	43	68	97	85
+ Other Operating Expense	- -	- -	- -	- -	- -
Operating Income (Loss)	-109	-92	-176	-233	-202
- Non-Operating (Income) Loss	-5	-57	94	509	125
+ Interest Expense, Net	-5	-1	12	10	3
+ Interest Expense	1	- -	12	10	4
- Interest Income	6	1	- -	- -	1
+ Other Non-Op (Income) Loss	- -	-56	82	499	121
Pretax Income	-104	-35	-270	-742	-326
- Income Tax Expense (Benefit)	- -	-1	-30	-1	-3
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-104	-34	-240	-740	-323
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-104	-34	-240	-740	-323
- Minority Interest	- -	- -	- -	- -	- -
Net Income, GAAP	-104	-34	-240	-740	-323
- Preferred Dividends	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-104	-34	-240	-740	-323
EBIT	-109	-92	-176	-233	-202
EBITDA	-101	-83	-151	-182	-148
EBITDA Margin (%)	-381.85	-506.78	-134.35	-87.17	-78.1
EBITA	-109	-92	-176	-233	-202
Gross Margin (%)	-92.13	-91.37	16.27	7.21	-5.32
Operating Margin (%)	-412.44	-558.93	-156.46	-111.45	-106.38
Profit Margin (%)	-391.83	-206.53	-213.81	-354.19	-170.41
Sales per Employee	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -
Depreciation Expense	8	9	25	51	54
Basic Weighted Avg Shares	22	16	26	31	32
Basic EPS, GAAP	-4.61	-2.15	-9.22	-23.52	-10.03
Basic EPS from Cont Ops	-4.61	-2.15	-9.22	-23.52	-10.03
Diluted Weighted Avg Shares	22	16	26	31	32
Diluted EPS, GAAP	-4.61	-2.15	-9.22	-23.52	-10.03
Diluted EPS from Cont Ops	-4.61	-2.15	-9.22	-23.52	-10.03

Balance Sheet (USD)

MCP API Chat

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023

Total Current Assets	166	613	402	336	216
+ Cash, Cash Equivalents & STI	151	595	270	185	84
+ Cash & Cash Equivalents	66	484	65	76	84
+ ST Investments	85	112	205	108	1
+ Accounts & Notes Receiv	5	7	47	39	38
+ Accounts Receivable, Net	5	7	47	38	38
+ Notes Receivable, Net	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -
+ Inventories	8	10	65	92	83
+ Raw Materials	- -	- -	25	42	26
+ Work In Process	1	3	9	12	17
+ Finished Goods	7	7	32	38	40
+ Inventory Adjustments	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -
+ Other ST Assets	2	1	20	21	11
+ Misc ST Assets	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -
Total Noncurrent Assets	27	29	987	418	242
+ Property, Plant & Equip, Net	18	14	77	78	66
+ Property, Plant & Equip	32	35	106	120	117
- Accumulated Depreciation	14	21	30	42	51
+ LT Investments & Receivables	- -	3	7	2	2
+ LT Investments	- -	3	7	2	2
+ LT Receivables	- -	- -	- -	- -	- -
+ Other LT Assets	9	12	903	338	174
+ Total Intangible Assets	6	12	901	333	168
+ Goodwill	2	2	639	113	- -
+ Other Intangible Assets	3	9	262	220	168
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -
+ Misc LT Assets	3	1	2	5	6
Total Assets	193	642	1,389	754	458
+ Payables & Accruals	12	11	40	36	27
+ Accounts Payable	10	8	32	25	18
+ Accrued Taxes	1	1	1	1	2
+ Interest & Dividends Payable	- -	- -	- -	- -	- -
+ Other Payables & Accruals	1	3	8	9	7
+ ST Debt	1	11	6	6	8
+ ST Borrowings	- -	10	1	1	- -
+ ST Finance Leases	1	1	6	6	7
+ Other ST Liabilities	8	9	58	41	36
+ Deferred Revenue	5	4	32	25	17
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Misc ST Liabilities	3	4	25	16	19
Total Current Liabilities	21	30	104	83	70
+ LT Debt	13	2	14	130	136
+ LT Borrowings	10	- -	1	112	113
+ LT Finance Leases	3	2	13	18	24
+ Other LT Liabilities	- -	93	23	13	10
+ Accrued Liabilities	- -	- -	15	12	7
+ Pension Liabilities	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	93	7	1	3
Total Noncurrent Liabilities	13	95	36	143	146
Total Liabilities	34	126	140	227	216
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -
+ Share Capital & APIC	453	844	1,823	1,875	1,909
+ Common Stock	- -	- -	- -	- -	- -
+ Additional Paid in Capital	453	844	1,823	1,875	1,909
- Treasury Stock	- -	- -	- -	- -	- -
+ Retained Earnings	-294	-328	-569	-1,309	-1,632
+ Other Equity	- -	- -	-6	-38	-35
Equity Before Minority Interest	159	516	1,248	528	242
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -
Total Equity	159	516	1,248	528	242
Total Liabilities & Equity	193	642	1,389	754	458
Shares Outstanding	22	22	31	32	33
Number of Employees	- -	- -	- -	- -	- -
Capital Leases - Total	4	3	19	24	31
Net Debt	-56	-474	-64	36	29
Net Debt to Equity	-35.32	-91.78	-5.1	6.91	12.06
Tangible Common Equity Ratio	82.01	80.01	71.22	46.19	25.33
Current Ratio	8.03	20.09	3.86	4.03	3.08
Cash Conversion Cycle	- -	128.12	184.33	175.28	191.13

Cash Flow Statement (USD)

MCP API Chat

	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
As of date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023

+ Net Income	-104	-34	-240	-740	-323
+ Depreciation & Amortization	8	9	25	51	54
+ Non-Cash Items	4	-47	96	554	184
+ Stock-Based Compensation	5	8	29	48	33
+ Deferred Income Taxes	- -	-1	-30	-1	-3
+ Asset Impairment Charge	- -	- -	- -	499	150
+ Other Non-Cash Adj	-2	-54	97	8	3
+ Chg in Non-Cash Work Cap	-6	-8	-36	-45	-29
+ (Inc) Dec in Accts Receiv	-2	-2	-18	7	-1
+ (Inc) Dec in Inventories	-2	-1	-17	-28	-19
+ (Inc) Dec in Prepaid Assets	1	1	-9	2	5
+ Inc (Dec) in Accts Payable	-1	-5	4	-17	-5
+ Inc (Dec) in Other	-2	- -	4	-9	-9
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Operating Activities	-97	-81	-155	-182	-115
+ Change in Fixed & Intang	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	10
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	10
+ Disp of Intangible Assets	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-7	-1	-29	-12	-3
+ Acq of Fixed Prod Assets	-7	-1	-8	-12	-3
+ Acq of Intangible Assets	- -	- -	-21	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -
+ Net Change in LT Investment	-19	-30	-91	93	112
+ Dec in LT Investment	197	109	243	251	117
+ Inc in LT Investment	-216	-139	-334	-158	-5
+ Net Cash From Acq & Div	- -	-5	-308	- -	-2
+ Cash from Divestitures	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	-5	-308	- -	-2
+ Cash for JVs	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Investing Activities	-26	-37	-427	82	117
+ Dividends Paid	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	- -	-10	114	- -
+ Cash From Debt	- -	5	- -	115	- -
+ Repayments of Debt	- -	-5	-10	-1	- -
+ Other Financing Activities	160	535	177	-1	1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -
Cash from Financing Activities	160	535	167	114	1
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -
Net Changes in Cash	37	417	-416	14	3
EBITDA	-101	-83	-151	-182	-148
EBITDA Margin (%)	-381.85	-506.78	-134.35	-87.17	-78.1
Free Cash Flow	-104	-82	-184	-193	-118
Net Cash Paid for Acquisitions	- -	5	308	- -	2
Free Cash Flow to Firm	- -	- -	- -	- -	- -
Free Cash Flow to Equity	- -	-82	-173	-79	-108
Free Cash Flow per Basic Share	-4.63	-5.19	-7.05	-6.13	-3.65
Price/Free Cash Flow	-24.82	-34.32	-10.23	-2.52	-2.16
Cash Flow to Net Income	0.94	2.37	0.65	0.25	0.36
Capital Expenditures	-7	-1	-29	-12	-3