Markforged Holding Corporation Annual report [Section 13 and 15(d), not S-K Item 405]

Accrued Expenses

12 Months Ended

Dec. 31, 2024

Note 8. Accrued Expenses

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


(in thousands)	December 31, 2024		December 31, 2023
Warranty reserve	$	731	$	886
Compensation, benefits, and expenses		3,306		4,213
Professional services		2,900		2,540
Marketing and advertising		119		325
Accrued taxes		196		252
Accrued freight and duties		947		594
Purchase commitment		-		700
Other		424		330
Total accrued expense	$	8,623	$	9,840