Desktop Metal, Inc. Annual report pursuant to Section 13 and 15(d)

ACCOUNTS RECEIVABLE

12 Months Ended

Dec. 31, 2023

7. ACCOUNTS RECEIVABLE

The components of accounts receivable are as follows (in thousands):


	December 31,		December 31,
	2023		2022
Trade receivables	$	41,132	$	40,121
Allowance for doubtful accounts		(3,442)		(1,640)
Total accounts receivable	$	37,690	$	38,481

The following table summarizes activity in the allowance for doubtful accounts (in thousands):


	December 31,		December 31,
	2023		2022
Balance at beginning of period	$	1,640	$	665
Provision for uncollectible accounts, net of recoveries		2,215		1,393
Uncollectible accounts written off		(413)		(418)
Balance at end of period	$	3,442	$	1,640