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

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

Accrued Expenses

Accrued Expenses

6 Months Ended

12 Months Ended

Jun. 30, 2021

Dec. 31, 2020

Payables and Accruals [Abstract]

Accrued Expenses

Note 6. Accrued Expenses

The following table summarizes the Company’s components of accrued expenses:


(in thousands)		June 30, 2021				December 31, 2020

Warranty reserve		$	568			$	564
Compensation and benefits			3,882				3,100
VAR commissions			789				520
Professional services			1,629				2,907
Marketing and advertising			634				780
Other			930				297

Total accrued expense s		$	8,432			$	8,168

Note 6. Accrued Expenses

The following table summarizes the Company’s components of accrued expenses:


		December 31,
(in thousands)		2020				2019
Warranty reserve		$	564			$	1,260
Compensation and benefits			3,100				2,893
VAR commissions			520				—
Professional services			2,907				1,101
Marketing and advertising			780				46
Other			297				460

Total accrued expense		$	8,168			$	5,760