Annual report pursuant to Section 13 and 15(d)

STOCKHOLDERS' EQUITY - Legacy Desktop Metal Convertible Preferred Stock (Details)

v3.22.4
STOCKHOLDERS' EQUITY - Legacy Desktop Metal Convertible Preferred Stock (Details)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2022
USD ($)
director
$ / shares
shares
Class of Warrant or Right  
Convertible preferred stock, authorized | shares 100,038,109
Convertible preferred stock, issued | shares 100,038,109
Convertible preferred stock, outstanding | shares 100,038,109
Preferred stock authorized $ 436,533
Preferred stock issued 436,533
Preferred stock outstanding $ 436,533
Dividend rate (as a percent) 8.00%
Dividends declared $ 0
Proceeds from issuance of Initial Public Offering $ 50,000
Series A Legacy Preferred Stock  
Class of Warrant or Right  
Par value (in dollars per share) | $ / shares $ 0.0001
Convertible preferred stock, authorized | shares 26,189,545
Convertible preferred stock, issued | shares 26,189,545
Convertible preferred stock, outstanding | shares 26,189,545
Preferred stock authorized $ 13,878
Preferred stock issued 13,878
Preferred stock outstanding $ 13,878
Number of directors entitled to elect | director 1
Preferred stock liquidation preference per share | $ / shares $ 0.53372
Preferred stock convertible conversion price | $ / shares 0.53372
Series B Legacy Preferred Stock  
Class of Warrant or Right  
Par value (in dollars per share) | $ / shares $ 0.0001
Convertible preferred stock, authorized | shares 23,675,035
Convertible preferred stock, issued | shares 23,675,035
Convertible preferred stock, outstanding | shares 23,675,035
Preferred stock authorized $ 37,806
Preferred stock issued 37,806
Preferred stock outstanding $ 37,806
Number of directors entitled to elect | director 2
Preferred stock liquidation preference per share | $ / shares $ 1.6013
Preferred stock convertible conversion price | $ / shares 1.6013
Series C Legacy Preferred Stock  
Class of Warrant or Right  
Par value (in dollars per share) | $ / shares $ 0.0001
Convertible preferred stock, authorized | shares 13,152,896
Convertible preferred stock, issued | shares 13,152,896
Convertible preferred stock, outstanding | shares 13,152,896
Preferred stock authorized $ 44,852
Preferred stock issued 44,852
Preferred stock outstanding $ 44,852
Number of directors entitled to elect | director 1
Preferred stock liquidation preference per share | $ / shares $ 3.4213
Preferred stock convertible conversion price | $ / shares 3.4213
Series D Legacy Preferred Stock  
Class of Warrant or Right  
Par value (in dollars per share) | $ / shares $ 0.0001
Convertible preferred stock, authorized | shares 21,075,193
Convertible preferred stock, issued | shares 21,075,193
Convertible preferred stock, outstanding | shares 21,075,193
Preferred stock authorized $ 180,353
Preferred stock issued 180,353
Preferred stock outstanding $ 180,353
Preferred stock liquidation preference per share | $ / shares $ 8.5656
Preferred stock convertible conversion price | $ / shares 8.5656
Series E Legacy Preferred Stock  
Class of Warrant or Right  
Par value (in dollars per share) | $ / shares $ 0.0001
Convertible preferred stock, authorized | shares 13,450,703
Convertible preferred stock, issued | shares 13,450,703
Convertible preferred stock, outstanding | shares 13,450,703
Preferred stock authorized $ 134,667
Preferred stock issued 134,667
Preferred stock outstanding $ 134,667
Number of directors entitled to elect | director 1
Series E-1 Legacy Preferred Stock  
Class of Warrant or Right  
Par value (in dollars per share) | $ / shares $ 0.0001
Convertible preferred stock, authorized | shares 2,494,737
Convertible preferred stock, issued | shares 2,494,737
Convertible preferred stock, outstanding | shares 2,494,737
Preferred stock authorized $ 24,977
Preferred stock issued 24,977
Preferred stock outstanding $ 24,977
Preferred stock liquidation preference per share | $ / shares $ 10.0211
Preferred stock convertible conversion price | $ / shares 10.0211
Minimum  
Class of Warrant or Right  
Share price | $ / shares $ 5.13