Markforged Holding Corporation (MKFG)

Markforged Holding 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	59.28	116.85	124.24	288.6	58.72	59.77
Short-Term Investments	-	-	43.69	-	-	-
Cash & Short-Term Investments	59.28	116.85	167.93	288.6	58.72	59.77
Cash Growth	-52.94%	-30.42%	-41.81%	391.53%	-1.76%	-
Receivables	19.9	24.06	29.29	26.78	16.6	18.16
Inventory	21.67	26.77	26.41	10.38	6.55	5.78
Prepaid Expenses	3.14	2.76	2.85	3.92	1.5	1.16
Other Current Assets	2.22	2.02	3.33	0.51	1.37	2.21
Total Current Assets	125.58	172.46	229.82	330.19	84.74	87.09
Property, Plant & Equipment	47.36	54.6	64.25	6.35	4.28	5.55
Goodwill	-	-	31.12	-	-	-
Other Intangible Assets	21.33	18.43	18.13	-	-	-
Other Long-Term Assets	2.98	2.46	2.63	0.78	0.58	0.63
Total Assets	197.24	247.95	345.94	337.31	89.6	93.27
Accounts Payable	10.32	13.24	14.43	11.4	3.37	5.02
Accrued Expenses	9.02	8.7	8.4	6.6	7.6	4.5
Current Portion of Leases	5.76	7.37	8.02	-	-	-
Current Income Taxes Payable	0.29	0.25	0.39	0.15	-	-
Current Unearned Revenue	8.34	8.78	8.85	6.29	6.2	2.45
Other Current Liabilities	18.75	2.41	0.87	0.97	0.86	1.93
Total Current Liabilities	52.48	40.75	40.96	25.41	18.03	13.9
Long-Term Debt	-	-	-	-	5.02	-
Long-Term Leases	27.81	35.77	40.61	-	-	-
Long-Term Unearned Revenue	4.69	6.08	5.36	3.74	2.91	1.6
Other Long-Term Liabilities	14.31	3.74	6.46	63.99	1.62	1.34
Total Liabilities	99.29	86.34	93.39	93.15	27.58	16.84
Common Stock	0.02	0.02	0.02	0.02	0	-
Additional Paid-In Capital	376.44	366.28	352.56	319.86	5.54	2.01
Retained Earnings	-278.38	-204.66	-101.1	-75.71	-79.56	-61.58
Treasury Stock	-	-	-	-	-1.45	-0.62
Comprehensive Income & Other	-0.12	-0.03	1.07	-	-	-0.17
Total Common Equity	97.96	161.61	252.55	244.17	-75.47	-60.36
Shareholders' Equity	97.96	161.61	252.55	244.17	62.03	76.44
Total Liabilities & Equity	197.24	247.95	345.94	337.31	89.6	93.27
Total Debt	33.57	43.14	48.63	-	5.02	-
Net Cash (Debt)	25.71	73.72	119.3	288.6	53.69	59.77
Net Cash Growth	-68.38%	-38.21%	-58.66%	437.51%	-10.16%	-
Net Cash Per Share	1.28	3.74	6.29	25.32	14.01	15.45
Filing Date Shares Outstanding	20.62	19.94	19.56	18.71	40.98	3.87
Total Common Shares Outstanding	20.5	19.86	19.46	18.6	40.98	3.87
Working Capital	73.1	131.72	188.85	304.78	66.71	73.19
Book Value Per Share	4.78	8.14	12.98	13.13	-1.84	-15.61
Tangible Book Value	76.63	143.18	203.31	244.17	-75.47	-60.36
Tangible Book Value Per Share	3.74	7.21	10.45	13.13	-1.84	-15.61
Machinery	15.01	15.17	13.92	8.22	6.22	5.82
Construction In Progress	0.33	0.52	9.03	1.74	0.04	0.15
Leasehold Improvements	12.49	12.61	2.43	2.26	2.19	2.15

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