Desktop Metal, Inc. Annual Income Tax Expense (Benefit) in USD from 2019 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Desktop Metal, Inc. quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2019 to 2023.
  • Desktop Metal, Inc. Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $264K.
  • Desktop Metal, Inc. Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was -$2.02M, a 254% decline year-over-year.
  • Desktop Metal, Inc. annual Income Tax Expense (Benefit) for 2023 was -$3.11M, a 107% decline from 2022.
  • Desktop Metal, Inc. annual Income Tax Expense (Benefit) for 2022 was -$1.5M, a 95% increase from 2021.
  • Desktop Metal, Inc. annual Income Tax Expense (Benefit) for 2021 was -$29.7M, a 3056% decline from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 -$3.11M -$1.61M -107% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-15
2022 -$1.5M +$28.2M +95% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-15
2021 -$29.7M -$28.7M -3056% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-15
2020 -$940K -$940K Jan 1, 2020 Dec 31, 2020 10-K 2023-03-01
2019 $0 Jan 1, 2019 Dec 31, 2019 10-K/A 2021-05-17
* An asterisk sign (*) next to the value indicates that the value is likely invalid.