Desktop Metal, Inc. (DM)

Desktop Metal Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	30.62	83.85	76.29	65.02	483.53	66.16
Short-Term Investments	-	0.63	108.24	204.57	111.87	84.75
Cash & Short-Term Investments	30.62	84.47	184.53	269.59	595.39	150.92
Cash Growth	-71.71%	-54.23%	-31.55%	-54.72%	294.52%	61.80%
Accounts Receivable	22.8	37.69	38.48	46.69	6.52	4.52
Other Receivables	-	-	0.43	0.23	-	-
Receivables	22.8	37.69	38.91	46.91	6.52	4.52
Inventory	80.85	82.64	91.74	65.4	9.71	8.41
Prepaid Expenses	6.49	8.69	9.96	16.5	0.5	1.14
Restricted Cash	0.22	0.23	4.51	2.13	-	-
Other Current Assets	2.46	2.42	6.77	1.48	0.48	0.74
Total Current Assets	143.44	216.14	336.42	402.01	612.59	165.73
Property, Plant & Equipment	48.29	65.56	78.42	76.5	13.97	20.68
Long-Term Investments	2	2	2	6.75	3	-
Goodwill	-	-	112.96	639.3	2.25	2.25
Other Intangible Assets	78.31	171.67	219.83	261.98	9.41	3.44
Other Long-Term Assets	1.66	2.63	4.73	2.05	0.68	0.61
Total Assets	273.69	458	754.35	1,389	641.91	192.71
Accounts Payable	14.32	18.19	25.11	31.56	7.59	10.23
Accrued Expenses	15.83	15.85	13.43	24.01	5.41	2.88
Current Portion of Long-Term Debt	0.18	0.33	0.58	0.83	9.99	-
Current Portion of Leases	7.94	7.4	5.73	5.53	0.87	0.81
Current Income Taxes Payable	1.24	1.32	0.76	0.23	-	-
Current Unearned Revenue	11.21	11.74	13.72	18.19	3	2.23
Other Current Liabilities	10.48	15.27	24.06	23.72	3.64	4.5
Total Current Liabilities	61.19	70.1	83.39	104.07	30.5	20.64
Long-Term Debt	113.11	112.65	112.15	0.55	-	9.97
Long-Term Leases	18.67	23.57	17.86	13.08	2.16	3.03
Long-Term Unearned Revenue	2.05	3.7	3.66	4.51	-	-
Long-Term Deferred Tax Liabilities	3.61	3.52	8.43	10.7	-	-
Other Long-Term Liabilities	2.71	2.81	1.36	7.35	93.33	-
Total Liabilities	201.35	216.35	226.85	140.25	125.98	33.64
Common Stock	0	0.03	0.03	0.03	0.02	0.02
Additional Paid-In Capital	1,930	1,909	1,875	1,823	844.19	453.24
Retained Earnings	-1,823	-1,632	-1,309	-568.61	-328.28	-294.26
Comprehensive Income & Other	-34.11	-34.66	-38.37	-6.41	-0.01	0.08
Total Common Equity	72.35	241.65	527.5	1,248	515.93	159.07
Shareholders' Equity	72.35	241.65	527.5	1,248	515.93	159.07
Total Liabilities & Equity	273.69	458	754.35	1,389	641.91	192.71
Total Debt	139.9	143.95	136.32	19.98	13.02	13.8
Net Cash (Debt)	-109.29	-59.48	48.22	249.61	582.38	137.11
Net Cash Growth	-	-	-80.68%	-57.14%	324.75%	73.28%
Net Cash Per Share	-3.32	-1.85	1.53	9.57	36.88	9.14
Filing Date Shares Outstanding	33.34	32.96	31.87	31.22	25.24	26.81
Total Common Shares Outstanding	33.31	32.53	31.81	31.12	22.43	26.81
Working Capital	82.25	146.03	253.03	297.94	582.09	145.09
Book Value Per Share	2.17	7.43	16.58	40.11	23.00	5.93
Tangible Book Value	-5.96	69.98	194.72	347.07	504.26	153.38
Tangible Book Value Per Share	-0.18	2.15	6.12	11.15	22.48	5.72
Land	3.6	7.84	15.89	17.21	-	-
Machinery	60.33	53.79	56.43	49.37	17.5	17.17
Construction In Progress	0.98	3.37	5.01	4.19	0.88	0.17
Leasehold Improvements	23.61	20.3	18.53	15.26	13.87	13.88

Source: S&P Capital IQ. Standard template. Financial Sources.