Markforged Holding Corporation (MKFG) financial statements (2022 and earlier)

Company profile

Business Address 480 PLEASANT STREET
WATERTOWN, MA 02472
State of Incorp. DE
Fiscal Year End December 31
SIC 3577 - Computer Peripheral Equipment, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments288,603920
Cash and cash equivalents288,603920
Receivables26,777 
Inventory, net of allowances, customer advances and progress billings10,377 
Inventory10,377 
Prepaid expense3,921314
Other current assets511 
Total current assets:330,1891,234
Noncurrent Assets
Property, plant and equipment6,349 
Assets held-in-trust 215,076
Other noncurrent assets776 
Total noncurrent assets:7,125215,076
TOTAL ASSETS:337,314216,310
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities18,814140
Accounts payable11,403115
Accrued liabilities7,41125
Deferred revenue6,288 
Other liabilities310 
Total current liabilities:25,412140
Noncurrent Liabilities
Liabilities, other than long-term debt67,73317,903
Deferred revenue3,742 
Deferred rent credit1,623 
Other liabilities2,646 
Business combination, contingent consideration, liability59,722 
Derivative instruments and hedges, liabilities 17,903
Other undisclosed noncurrent liabilities 7,525
Total noncurrent liabilities:67,73325,428
Total liabilities:93,14525,568
Temporary equity, carrying amount 185,743
Stockholders' equity
Stockholders' equity attributable to parent, including:244,1695,000
Common stock19 
Additional paid in capital319,8597,611
Accumulated deficit(75,709)(2,612)
Other undisclosed stockholders' equity attributable to parent 1
Total stockholders' equity:244,1695,000
TOTAL LIABILITIES AND EQUITY:337,314216,310

Income statement (P&L) ($ in thousands)

12/31/2021
12/31/2020
Revenues91,221 
Cost of revenue(38,368) 
Gross profit:52,853 
Operating expenses(113,893) 
Operating loss:(61,040) 
Nonoperating expense(248) 
Other nonoperating expense(265) 
Interest and debt expense(16) 
Loss from continuing operations before equity method investments, income taxes:(61,304) 
Other undisclosed income from continuing operations before income taxes65,215 
Income from continuing operations before income taxes:3,911 
Income tax expense(56) 
Net income available to common stockholders, diluted:3,855 

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
Net income:3,855 
Comprehensive income, net of tax, attributable to parent:3,855 

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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