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ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2020
ACQUISITIONS  
Schedule of reconciliation of business combination to Statement of Cash Flows and Statement of Changes in Equity

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Recapitalization
(as restated)

Cash – Trine's trust and cash (net of redemptions)

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$

305,084,695

Cash – PIPE financing

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274,975,000

Less: transaction costs and advisory fees paid

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(45,463,074)

Net proceeds from reverse recapitalization

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534,596,621

Plus: non-cash net liabilities assumed (1)

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(152,394,714)

Less: accrued transaction costs and advisory fees

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(1,900,793)

Net contributions from reverse recapitalization

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$

380,301,114

Schedule of number of shares issued on consummation of business combination

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Number of Shares

Common stock, outstanding prior to Business Combination

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30,015,000

Less: redemption of Trine shares

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(26,049)

Common stock of Trine

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29,988,951

Trine Founder Shares

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5,552,812

Trine Director Shares

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100,000

Shares issued in PIPE financing

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27,497,500

Business Combination and PIPE financing shares

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63,139,263

Legacy Desktop Metal shares (1)

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161,487,334

Total shares of common stock immediately after Business Combination

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224,626,597