Desktop Metal, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

9 Months Ended

Sep. 30, 2021

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

9. PROPERTY AND EQUIPMENT

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


	September 30,		December 31,
	2021		2020
Equipment	$	22,061	$	13,708
Land and buildings		3,515		—
Automobiles		840		—
Furniture and fixtures		1,399		895
Computer equipment		1,257		1,089
Tooling		1,938		1,805
Software		1,532		1,249
Leasehold improvements		15,026		13,870
Construction in process		1,916		879
Property and equipment, gross		49,484		33,495
Less: accumulated depreciation		(25,702)		(21,335)
Total property and equipment, net	$	23,782	$	12,160

Depreciation and amortization expense was $1.6 million and $4.4 million for the three and nine months ended September 30, 2021, respectively. Depreciation and amortization expense was $1.7 million and $5.9 million for the three and nine months ended September 30, 2020, respectively.