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

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2021

The following table summarizes the Company’s components of accrued expenses and other current liabilities (in thousands):


	September 30,		December 31,
	2021		2020
Compensation and benefits related	$	9,689	$	2,068
Professional services		2,039		2,508
Warranty reserve		2,435		1,553
Contingent consideration		1,390		—
Acquisition consideration		750		—
Inventory purchases		352		86
Franchise and royalty fees		264		159
Sales and use and franchise taxes		215		586
Income tax payable		71		—
Other		3,481		605
Total accrued expenses and other current liabilities	$	20,686	$	7,565

Warranty reserve consisted of the following (in thousands):


	2021		2020
Warranty reserve, at the beginning of the period	$	1,553	$	1,491
Warranty reserve assumed in acquisition		490		—
Additions to warranty reserve		1,390		346
Claims fulfilled		(998)		(284)
Warranty reserve, at the end of the period	$	2,435	$	1,553