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 investments | 288,603 | 920 | ||
| Cash and cash equivalents | 288,603 | 920 | ||
| Receivables | 26,777 | |||
| Inventory, net of allowances, customer advances and progress billings | 10,377 | |||
| Inventory | 10,377 | |||
| Prepaid expense | 3,921 | 314 | ||
| Other current assets | 511 | |||
| Total current assets: | 330,189 | 1,234 | ||
| Noncurrent Assets | ||||
| Property, plant and equipment | 6,349 | |||
| Assets held-in-trust | 215,076 | |||
| Other noncurrent assets | 776 | |||
| Total noncurrent assets: | 7,125 | 215,076 | ||
| TOTAL ASSETS: | 337,314 | 216,310 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 18,814 | 140 | ||
| Accounts payable | 11,403 | 115 | ||
| Accrued liabilities | 7,411 | 25 | ||
| Deferred revenue | 6,288 | |||
| Other liabilities | 310 | |||
| Total current liabilities: | 25,412 | 140 | ||
| Noncurrent Liabilities | ||||
| Liabilities, other than long-term debt | 67,733 | 17,903 | ||
| Deferred revenue | 3,742 | |||
| Deferred rent credit | 1,623 | |||
| Other liabilities | 2,646 | |||
| Business combination, contingent consideration, liability | 59,722 | |||
| Derivative instruments and hedges, liabilities | 17,903 | |||
| Other undisclosed noncurrent liabilities | 7,525 | |||
| Total noncurrent liabilities: | 67,733 | 25,428 | ||
| Total liabilities: | 93,145 | 25,568 | ||
| Temporary equity, carrying amount | 185,743 | |||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent, including: | 244,169 | 5,000 | ||
| Common stock | 19 | |||
| Additional paid in capital | 319,859 | 7,611 | ||
| Accumulated deficit | (75,709) | (2,612) | ||
| Other undisclosed stockholders' equity attributable to parent | 1 | |||
| Total stockholders' equity: | 244,169 | 5,000 | ||
| TOTAL LIABILITIES AND EQUITY: | 337,314 | 216,310 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|
| Revenues | 91,221 | ||
| 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 taxes | 65,215 | ||
| 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.