Desktop Metal, Inc. financial data

Symbol
DM on NYSE
Industry
Special Industry Machinery, NEC
Location
63 3 Rd Avenue, Burlington, MA
State of incorporation
DE
Fiscal year end
December 31
Former names
Trine Acquisition Corp. (to 12/9/2020)
Latest financial report
10-Q - Q2 2024 - Jul 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 292 % -22.8%
Quick Ratio 120 % +9.67%
Debt-to-equity 92.8 % +125%
Return On Equity -159 % -89.8%
Return On Assets -82.7 % -39%
Operating Margin -214 % +8.17%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 33.2M shares -89.7%
Common Stock, Shares, Outstanding 33.2M shares -89.7%
Entity Public Float 461M USD -21.9%
Common Stock, Value, Issued 4K USD -87.5%
Weighted Average Number of Shares Outstanding, Basic 33.1M shares +2.86%
Weighted Average Number of Shares Outstanding, Diluted 33.1M shares +2.86%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 175M USD -13.7%
Research and Development Expense 77.7M USD -8.9%
Selling and Marketing Expense 57.2M USD +19.1%
General and Administrative Expense 67.5M USD -16.3%
Operating Income (Loss) -373M USD +20.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -379M USD +20.3%
Income Tax Expense (Benefit) -2.42M USD -1543%
Net Income (Loss) Attributable to Parent -376M USD +20.8%
Earnings Per Share, Basic -2.58 USD/shares +10.7%
Earnings Per Share, Diluted -2.58 USD/shares +10.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 45.9M USD -62.3%
Accounts Receivable, after Allowance for Credit Loss, Current 29.5M USD -28.4%
Inventory, Net 84M USD -16.3%
Assets, Current 170M USD -40.8%
Other Long-term Investments 2M USD 0%
Property, Plant and Equipment, Net 26.4M USD -37.7%
Operating Lease, Right-of-Use Asset 22.5M USD -19.7%
Goodwill 0 USD -100%
Other Assets, Noncurrent 29.3M USD -15.9%
Assets 306M USD -54.7%
Accounts Payable, Current 18.1M USD -27.8%
Employee-related Liabilities, Current 6.03M USD -33.4%
Contract with Customer, Liability, Current 9.86M USD -23%
Liabilities, Current 65.5M USD -20.3%
Contract with Customer, Liability, Noncurrent 1.84M USD -50.4%
Accrued Income Taxes, Noncurrent 776K USD -25%
Deferred Income Tax Liabilities, Net 3.14M USD -61.1%
Operating Lease, Liability, Noncurrent 20.1M USD -11.5%
Other Liabilities, Noncurrent 2.74M USD -12.4%
Liabilities 207M USD -11.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -36.4M USD +3.76%
Retained Earnings (Accumulated Deficit) -1.79B USD -26.7%
Stockholders' Equity Attributable to Parent 99.8M USD -77.5%
Liabilities and Equity 306M USD -54.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -17.4M USD +53.4%
Net Cash Provided by (Used in) Financing Activities -407K USD -264%
Net Cash Provided by (Used in) Investing Activities -93M USD -251%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 33.2M shares -89.7%
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 -18.3M USD -175%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 46.7M USD -62.1%
Deferred Tax Assets, Valuation Allowance 244M USD +25.1%
Deferred Tax Assets, Gross 285M USD +13.2%
Operating Lease, Liability 27.8M USD -2.73%
Depreciation 15M USD +26.1%
Payments to Acquire Property, Plant, and Equipment 93K USD -90.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -375M USD +19.9%
Lessee, Operating Lease, Liability, to be Paid 31.2M USD -4.98%
Property, Plant and Equipment, Gross 88.1M USD -2.61%
Operating Lease, Liability, Current 7.7M USD +31.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.24M USD +10.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 9.03M USD +30%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +20%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.42M USD -20%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.17M USD -5.95%
Deferred Tax Assets, Operating Loss Carryforwards 182M USD -2.25%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 50M shares 0%
Unrecognized Tax Benefits 776K USD -22.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.39M USD -32.3%
Operating Lease, Payments 9.34M USD +38.8%
Additional Paid in Capital 1.92B USD +1.61%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 108M USD +169%
Depreciation, Depletion and Amortization 24.2M USD +80%
Deferred Tax Assets, Net of Valuation Allowance 40.6M USD -28.2%
Share-based Payment Arrangement, Expense 28.5M USD -26.3%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%