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

PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2020

8. PROPERTY AND EQUIPMENT

Property and equipment, net consists of the following (in thousands):


	December 31,
	2020		2019
Equipment	$	13,708	$	13,358
Furniture and fixtures		895		895
Computer equipment		1,089		1,089
Tooling		1,805		1,823
Software		1,249		954
Leasehold improvements		13,870		13,880
Construction in process		879		170
Property and equipment, gross		33,495		32,169
Less: accumulated depreciation		(21,335)		(13,782)
Total property and equipment, net	$	12,160	$	18,387

Depreciation and amortization expense was $7.6 million and $7.6 million for the years ended years ended December 31, 2020 and 2019, respectively.