General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Operations and Comprehensive Loss

v3.21.2
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Revenue $ 20,419 $ 14,174 $ 40,539 $ 31,875 $ 71,851 $ 72,549
Cost of revenue 8,496 6,720 16,435 14,997 29,921 36,321
Gross profit 11,923 7,454 24,104 16,878 41,930 36,228
Operating expense            
Sales and marketing 8,255 5,296 15,312 11,761 22,413 31,018
Research and development 6,444 4,206 11,703 8,852 17,176 20,270
General and administrative 7,959 3,623 16,822 7,250 20,080 15,683
Total operating expense 22,658 13,125 43,837 27,863 59,669 66,971
Loss from operations (10,735) (5,671) (19,733) (10,985) (17,739) (30,743)
Other (expense) income, net (345) 10 (1,368) 23 (184) (121)
Interest expense (5) (20) (9) (29) (98) (49)
Interest income 1 21 3 144 147 1,053
Loss before income taxes (11,084) (5,660) (21,107) (10,847) (17,874) (29,860)
Income tax expense 6 29 2 87 111 15
Net loss and comprehensive loss $ (11,090) $ (5,689) $ (21,109) $ (10,934) (17,985) (29,875)
Net loss attributable to MarkForged, Inc. common stockholders         $ (18,811) $ (31,284)
Weighted average shares outstanding basic and diluted 41,853,841 39,980,784 41,638,004 39,856,193 40,258,968 38,673,218
Basic and diluted net loss per common share $ (0.26) $ (0.14) $ (0.51) $ (0.27) $ (0.47) $ (0.81)
Series Seed Redeemable Convertible Preferred Stock [Member]            
Operating expense            
Deemed dividend         $ 0 $ (785)
Common Stock [Member]            
Operating expense            
Deemed dividend         $ (826) $ (624)