Desktop Metal, Inc. Post-effective amendment to a registration statement that is not immediately effective upon filing

PREPAID EXPENSES AND OTHER CURRENT ASSETS

3 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

8. PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets consists of the following (in thousands):


	March 31,		December 31,
	2021		2020
Receivable for warrants exercised	$	12,357	$	—
Prepaid insurance		2,948		121
Prepaid operating expenses		1,015		68
Prepaid dues and subscriptions		883		189
Prepaid taxes		474		—
Vendor prepayments		473		—
Prepaid rent		155		118
Deferred cost of goods sold		—		454
Other		352		26
Total prepaid expenses and other current assets	$	18,657	$	976

The Company received the outstanding proceeds from warrants exercised in April 2021.

7. PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets consists of the following (in thousands):


	December 31,
	2020		2019
Deferred cost of goods sold	$	454	$	262
Prepaid operating expenses		68		585
Prepaid dues and subscriptions		189		503
Prepaid insurance		121		45
Prepaid rent		118		11
Other		26		482
Total prepaid expenses and other current assets	$	976	$	1,888