Markforged Holding Corporation Quarterly report pursuant to Section 13 or 15(d)

Accrued Expenses

3 Months Ended

Mar. 31, 2023

Note 8. Accrued Expenses

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


(in thousands)	March 31, 2023		December 31, 2022
Warranty reserve	$	484	$	620
Compensation, benefits, and expenses		5,636		4,451
Professional services		3,285		3,166
Marketing and advertising		388		279
Teton acquisition holdback liability		250		250
Accrued taxes		374		392
Accrued freight and duties		439		372
Other		603		133
Total accrued expense	$	11,459	$	9,663