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

PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2021

10. PROPERTY AND EQUIPMENT

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


	December 31,
	2021		2020
Equipment	$	42,892	$	13,708
Land and buildings		17,214		—
Automobiles		905		—
Furniture and fixtures		1,844		895
Computer equipment		1,725		1,089
Tooling		2,000		1,805
Software		2,346		1,249
Leasehold improvements		15,263		13,870
Construction in process		4,185		879
Property and equipment, gross		88,374		33,495
Less: accumulated depreciation		(29,664)		(21,335)
Total property and equipment, net	$	58,710	$	12,160

Depreciation and amortization expense was $8.5 million and $7.6 million for the years ended December 31, 2021 and 2020, respectively.