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 - Q3 2024 - Oct 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 273 % -24.1%
Quick Ratio 124 % +6.09%
Debt-to-equity 137 % +176%
Return On Equity -239 % -142%
Return On Assets -101 % -52.5%
Operating Margin -215 % +7.09%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 33.3M shares -89.7%
Common Stock, Shares, Outstanding 33.3M 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 33.3M shares +2.94%
Weighted Average Number of Shares Outstanding, Diluted 33.3M shares +2.94%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 168M USD -15%
Research and Development Expense 68.7M USD -17.5%
Selling and Marketing Expense 56.7M USD +40.5%
General and Administrative Expense 75.3M USD +5.71%
Operating Income (Loss) -362M USD +21%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -368M USD +20.4%
Income Tax Expense (Benefit) -2.02M USD -254%
Net Income (Loss) Attributable to Parent -366M USD +20.7%
Earnings Per Share, Basic -2.22 USD/shares +46.2%
Earnings Per Share, Diluted -2.22 USD/shares +46.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 30.6M USD -71.5%
Accounts Receivable, after Allowance for Credit Loss, Current 22.8M USD -43.1%
Inventory, Net 80.9M USD -24.6%
Assets, Current 143M USD -49%
Other Long-term Investments 2M USD 0%
Property, Plant and Equipment, Net 27.2M USD -29.2%
Operating Lease, Right-of-Use Asset 21.1M USD -27.5%
Goodwill 0 USD -100%
Other Assets, Noncurrent 27.8M USD -23.8%
Assets 274M USD -57.5%
Accounts Payable, Current 14.3M USD -55.4%
Employee-related Liabilities, Current 5.78M USD -23.3%
Contract with Customer, Liability, Current 11.2M USD -34.1%
Liabilities, Current 61.2M USD -32.7%
Contract with Customer, Liability, Noncurrent 2.05M USD -45.7%
Accrued Income Taxes, Noncurrent 776K USD -25%
Deferred Income Tax Liabilities, Net 3.61M USD -23.1%
Operating Lease, Liability, Noncurrent 18.2M USD -21.4%
Other Liabilities, Noncurrent 2.71M USD -12.1%
Liabilities 201M USD -15.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -34.1M USD +11.8%
Retained Earnings (Accumulated Deficit) -1.82B USD -25.1%
Stockholders' Equity Attributable to Parent 72.3M USD -82.2%
Liabilities and Equity 274M USD -57.5%

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 33.3M 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 30.8M USD -71.7%
Deferred Tax Assets, Valuation Allowance 244M USD +25.1%
Deferred Tax Assets, Gross 285M USD +13.2%
Operating Lease, Liability 26.1M USD -12.4%
Depreciation 13.7M USD +17.1%
Payments to Acquire Property, Plant, and Equipment 93K USD -90.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -361M USD +17.7%
Lessee, Operating Lease, Liability, to be Paid 29.1M USD -14.4%
Property, Plant and Equipment, Gross 90.6M USD +2.33%
Operating Lease, Liability, Current 7.87M USD +19.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.32M USD -4.24%
Lessee, Operating Lease, Liability, to be Paid, Year One 9.15M USD +12.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.03M USD -28.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.25M USD -13.6%
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%
Operating Lease, Payments 10.3M USD +57.1%
Additional Paid in Capital 1.93B USD +1.46%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 104M USD +150%
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 26.5M USD -22.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%