Desktop Metal, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

GOODWILL & INTANGIBLE ASSETS (Tables)

GOODWILL & INTANGIBLE ASSETS (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

GOODWILL & INTANGIBLE ASSETS

Schedule of goodwill activity


(in thousands)
Balance at December 31, 2019		$	2,252
Balance at December 31, 2020		$	2,252
Acquisition of EnvisionTEC			199,056
Balance at March 31, 2021		$	201,308

Schedule of intangible assets

Intangible assets consisted of the following (in thousands):


							Accumulated			Balance
		Gross Value			Estimated Life		Amortization			March 31, 2021
Acquired technology		$	87,993		5 – 12 years		$	2,688		$	85,305
Trade name			8,600		13 years			81			8,519
Customer relationships			50,900		10 years			621			50,279
Total intangible assets		$	147,493				$	3,390		$	144,103

Acquired technology consisted of the following (in thousands):


							Accumulated			Balance
		Gross Value			Estimated Life		Amortization			December 31, 2020
Acquired technology		$	10,193		5 years		$	1,091		$	9,102