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Pay vs Performance Disclosure - USD ($)
 4 Months Ended 8 Months Ended 12 Months Ended
Apr. 30, 2020
Dec. 31, 2020
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure            
Pay vs Performance Disclosure, Table    
Pay vs Performance
 
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act,
and
Item 402(v) of Regulation
S
-K,
we are providing the following information about the relationship between executive Compensation Actually Paid (“CAP”) to our named executive officers (“NEOs”) and the Company’s financial performance. The Company does not use CAP as a basis for making compensation decisions, nor does it use the performance measures defined by the SEC for the
Pay
versus Performance table to measure performance for incentive plan purposes. For further information concerning the Company’s variable
pay-for-performance
philosophy and how the Company aligns executive compensation with the Company’s performance,
refer
to “Executive Compensation Matters – Compensation Discussion and Analysis.”
Pay Versus Performance Table
 
 
    
 
Summary
Compensation
Table Total for
CEO & Former
CEO
(1)
    
Compensation
Actually Paid (“CAP”)
to CEO & Former CEO
(3)
                  
Value of Initial Fixed $100
Investment Based On:
                
Year
  
CEO
(1)
    
Former
CEO
(2)
    
CEO
(1)
    
Former
CEO
(2)
    
Average
summary
compensation
table total for
non-CEO
named
executive
officers
(2)
    
Average
compensation
actually paid
to non-CEO
named
executive
officers
(3)
    
Total
Shareholder
Return
(4)
    
Peer Group
Total
Shareholder
Return
(4)
    
Net
Income
(in millions)
    
Adjusted
EBITDA
(in millions)
(5)
  
(a)
  
(b)
    
(b)
    
(c)
    
(c)
    
(d)
    
(e)
    
(f)
    
(g)
    
(h)
    
(i)
  
                     
2023
  
$
6,535,630
 
     —    
$
2,603,992
 
     —    
$
1,706,156
 
  
$
492,584
 
  
$
62
 
  
$
213
 
  
$
(362.7
) 
  
$
(26.3
) 
                     
2022
  
$
5,687,163
 
     —    
$
(7,091,673
) 
     —    
$
1,636,419
 
  
$
(1,319,015
) 
  
$
86
 
  
$
160
 
  
$
(121.70
) 
  
$
(5.80
) 
                     
2021
  
$
8,574,250
 
     —    
$
15,609,540
 
     —    
$
3,081,939
 
  
$
5,899,487
 
  
$
162
 
  
$
227
 
  
$
322.10
 
  
$
56.10
 
                     
2020
   $ 5,917,360     $ 849,757     $ 8,175,388     $ (5,271,672 )    $ 1,248,601     $ 616,092     $ 121     $ 240     $ (149.60 )    $
27.80
  
 
 
(1)
Dr. Jeffrey Graves, who joined the Company in May 2020, was the Company’s principal executive officer (“CEO”) for 2020, 2021, 2022 and 2023. Mr. Vyomesh Joshi, who retired in May 2020, was the Company’s former principal executive officer (“Former CEO”) for 2020.
 
(2)
The names of each of the NEOs included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2023, Michael Turner, Andrew Johnson, Menno Ellis, Reji Puthenveetil, Jeffrey Creech, and Phyllis Nordstrom; (ii) for 2022, Michael Turner, Andrew Johnson, Menno Ellis, Reji Puthenveetil, Jagtar Narula, and Wayne Pensky; (iii) for 2021, Andrew Johnson, Menno Ellis, Reji Puthenveetil, and Jagtar Narula; and (iv) for 2020, Andrew Johnson, Menno Ellis, Reji Puthenveetil, Jagtar Narula, Wayne Pensky, Todd Booth, Philip Schultz, and Herbert Koeck.
 
(3)
SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine CAP as reported herein. The dollar amounts do not reflect the actual amount of compensation earned by or paid to the applicable NEO without restriction during the applicable year but rather are a valuation calculated under applicable SEC rules.
 
 
For purposes of the CAP calculation, there was no actuarial change in pension value or pension related adjustments to report. In addition, for purposes of the equity award adjustments shown below, there are no dividends or interest accrued to report.
 
(4)
TSR is determined based on the value of an initial fixed investment of $100. The peer group TSR represents TSR of the S&P SmallCap 600 Information Technology Index, which is the peer group used by the Company for purposes of Item 201(e) of Regulation
S-K.
 
(5)
Adjusted EBITDA is the financial measure from the tabular list of 2023 Most Important Measures shown that, in the Company’s assessment, represents for 2023 the most important performance measure used to link compensation actually paid to our CEO and other NEOs to the Company’s performance. The Company selected this measure as the most important because adjusted EBITDA accounted for 50% of target annual bonus award opportunities for our NEOs in 2023. Adjusted EBITDA is defined on page 34 and is a
non-GAAP
financial measure.
 
       
 
                              
Add Equity Award Adjustments
 
  
                 
 Year
  
Executives
  
Summary
 Compensation
Table (SCT)
Total for
Covered Year
    
Subtract Grant
 Date Fair Value 
of Awards as
Reported in
SCT for
Covered Year
    
 Add Covered 
Year-End

Value of
Awards
Granted in
Covered
Year and
Outstanding
and
Unvested as
of Covered
Year-End
    
 Change
in Value as of
Covered
Year-End
(as
Compared to
Prior Year-End)
of Equity
Awards
Granted Prior
to Covered
Year and
Outstanding
and Unvested
as of Covered
Year-End
    
Add, for
Awards Granted
and Vested
in the Covered
Year, Fair Value
as of Vesting
Date
   
Change
in Value as of
Vesting Date
(as Compared
to Prior
Year-End)
of
Equity
Awards
Granted
Prior to
Covered Year
that Vested
During
Covered
Year
    
Subtract
Prior
Year-End
Value of
Equity
Awards
that
Failed
to Meet
Vesting
Conditions
During
Covered
Year
 
                 
 2023
   CEO   $ 6,535,630     $ (5,268,229 )    $ 2,094,393     $ (1,114,020 )    $ —      $ 356,218     $ —   
                 
 
 
   Other NEOs   $ 1,706,156     $ (1,300,976 )   $ 532,787     $ (273,623 )    $ —      $ (65,805 )    $ (105,956 ) 
                 
 2022
   CEO   $ 5,687,163     $ (4,765,861 )    $ 1,882,109     $ (7,695,443 )    $ —      $ (2,199,640 )    $ —   
                 
 
 
   Other NEOs   $ 1,636,419     $ (1,269,985 )    $ 456,106     $ (1,221,213 )    $ 14,940     $ (116,787 )    $ (818,495 ) 
                 
 2021
   CEO   $ 8,574,250     $ (6,378,719 )    $ 5,693,472     $ 5,445,859     $ —      $ 2,274,678     $ —   
                 
 
 
   Other NEOs   $ 3,081,939     $ (2,302,472 )    $ 2,022,950     $ 1,973,281     $ —      $ 1,224,538     $ (100,749 ) 
                 
 2020
   CEO   $ 5,917,360     $ (4,928,697 )    $ 6,616,383     $ —      $ 570,343     $ —      $ —   
                 
 
 
   Former CEO   $ 849,757     $ —      $ —      $ 94,849     $ —      $ (6,858 )    $ (6,209,420 ) 
                 
 
 
   Other NEOs   $ 1,248,601     $ (844,436 )   $ 772,676     $ 60,044     $ 28,603     $ (7,240 )    $ (642,155 ) 
      
Company Selected Measure Name     Adjusted EBITDA      
Named Executive Officers, Footnote     The names of each of the NEOs included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2023, Michael Turner, Andrew Johnson, Menno Ellis, Reji Puthenveetil, Jeffrey Creech, and Phyllis Nordstrom; (ii) for 2022, Michael Turner, Andrew Johnson, Menno Ellis, Reji Puthenveetil, Jagtar Narula, and Wayne Pensky; (iii) for 2021, Andrew Johnson, Menno Ellis, Reji Puthenveetil, and Jagtar Narula; and (iv) for 2020, Andrew Johnson, Menno Ellis, Reji Puthenveetil, Jagtar Narula, Wayne Pensky, Todd Booth, Philip Schultz, and Herbert Koeck.      
Peer Group Issuers, Footnote     TSR is determined based on the value of an initial fixed investment of $100. The peer group TSR represents TSR of the S&P SmallCap 600 Information Technology Index, which is the peer group used by the Company for purposes of Item 201(e) of Regulation
S-K.
      
Adjustment To PEO Compensation, Footnote    
(3)
SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine CAP as reported herein. The dollar amounts do not reflect the actual amount of compensation earned by or paid to the applicable NEO without restriction during the applicable year but rather are a valuation calculated under applicable SEC rules.
 
 
For purposes of the CAP calculation, there was no actuarial change in pension value or pension related adjustments to report. In addition, for purposes of the equity award adjustments shown below, there are no dividends or interest accrued to report.
 
                              
Add Equity Award Adjustments
 
  
                 
 Year
  
Executives
  
Summary
 Compensation
Table (SCT)
Total for
Covered Year
    
Subtract Grant
 Date Fair Value 
of Awards as
Reported in
SCT for
Covered Year
    
 Add Covered 
Year-End

Value of
Awards
Granted in
Covered
Year and
Outstanding
and
Unvested as
of Covered
Year-End
    
 Change
in Value as of
Covered
Year-End
(as
Compared to
Prior Year-End)
of Equity
Awards
Granted Prior
to Covered
Year and
Outstanding
and Unvested
as of Covered
Year-End
    
Add, for
Awards Granted
and Vested
in the Covered
Year, Fair Value
as of Vesting
Date
   
Change
in Value as of
Vesting Date
(as Compared
to Prior
Year-End)
of
Equity
Awards
Granted
Prior to
Covered Year
that Vested
During
Covered
Year
    
Subtract
Prior
Year-End
Value of
Equity
Awards
that
Failed
to Meet
Vesting
Conditions
During
Covered
Year
 
                 
 2023
   CEO   $ 6,535,630     $ (5,268,229 )    $ 2,094,393     $ (1,114,020 )    $ —      $ 356,218     $ —   
                 
 
 
   Other NEOs   $ 1,706,156     $ (1,300,976 )   $ 532,787     $ (273,623 )    $ —      $ (65,805 )    $ (105,956 ) 
                 
 2022
   CEO   $ 5,687,163     $ (4,765,861 )    $ 1,882,109     $ (7,695,443 )    $ —      $ (2,199,640 )    $ —   
                 
 
 
   Other NEOs   $ 1,636,419     $ (1,269,985 )    $ 456,106     $ (1,221,213 )    $ 14,940     $ (116,787 )    $ (818,495 ) 
                 
 2021
   CEO   $ 8,574,250     $ (6,378,719 )    $ 5,693,472     $ 5,445,859     $ —      $ 2,274,678     $ —   
                 
 
 
   Other NEOs   $ 3,081,939     $ (2,302,472 )    $ 2,022,950     $ 1,973,281     $ —      $ 1,224,538     $ (100,749 ) 
                 
 2020
   CEO   $ 5,917,360     $ (4,928,697 )    $ 6,616,383     $ —      $ 570,343     $ —      $ —   
                 
 
 
   Former CEO   $ 849,757     $ —      $ —      $ 94,849     $ —      $ (6,858 )    $ (6,209,420 ) 
                 
 
 
   Other NEOs   $ 1,248,601     $ (844,436 )   $ 772,676     $ 60,044     $ 28,603     $ (7,240 )    $ (642,155 ) 
      
Non-PEO NEO Average Total Compensation Amount     $ 1,706,156 $ 1,636,419 $ 3,081,939 $ 1,248,601
Non-PEO NEO Average Compensation Actually Paid Amount     $ 492,584 (1,319,015) 5,899,487 616,092
Adjustment to Non-PEO NEO Compensation Footnote    
(3)
SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine CAP as reported herein. The dollar amounts do not reflect the actual amount of compensation earned by or paid to the applicable NEO without restriction during the applicable year but rather are a valuation calculated under applicable SEC rules.
 
 
For purposes of the CAP calculation, there was no actuarial change in pension value or pension related adjustments to report. In addition, for purposes of the equity award adjustments shown below, there are no dividends or interest accrued to report.
 
                              
Add Equity Award Adjustments
 
  
                 
 Year
  
Executives
  
Summary
 Compensation
Table (SCT)
Total for
Covered Year
    
Subtract Grant
 Date Fair Value 
of Awards as
Reported in
SCT for
Covered Year
    
 Add Covered 
Year-End

Value of
Awards
Granted in
Covered
Year and
Outstanding
and
Unvested as
of Covered
Year-End
    
 Change
in Value as of
Covered
Year-End
(as
Compared to
Prior Year-End)
of Equity
Awards
Granted Prior
to Covered
Year and
Outstanding
and Unvested
as of Covered
Year-End
    
Add, for
Awards Granted
and Vested
in the Covered
Year, Fair Value
as of Vesting
Date
   
Change
in Value as of
Vesting Date
(as Compared
to Prior
Year-End)
of
Equity
Awards
Granted
Prior to
Covered Year
that Vested
During
Covered
Year
    
Subtract
Prior
Year-End
Value of
Equity
Awards
that
Failed
to Meet
Vesting
Conditions
During
Covered
Year
 
                 
 2023
   CEO   $ 6,535,630     $ (5,268,229 )    $ 2,094,393     $ (1,114,020 )    $ —      $ 356,218     $ —   
                 
 
 
   Other NEOs   $ 1,706,156     $ (1,300,976 )   $ 532,787     $ (273,623 )    $ —      $ (65,805 )    $ (105,956 ) 
                 
 2022
   CEO   $ 5,687,163     $ (4,765,861 )    $ 1,882,109     $ (7,695,443 )    $ —      $ (2,199,640 )    $ —   
                 
 
 
   Other NEOs   $ 1,636,419     $ (1,269,985 )    $ 456,106     $ (1,221,213 )    $ 14,940     $ (116,787 )    $ (818,495 ) 
                 
 2021
   CEO   $ 8,574,250     $ (6,378,719 )    $ 5,693,472     $ 5,445,859     $ —      $ 2,274,678     $ —   
                 
 
 
   Other NEOs   $ 3,081,939     $ (2,302,472 )    $ 2,022,950     $ 1,973,281     $ —      $ 1,224,538     $ (100,749 ) 
                 
 2020
   CEO   $ 5,917,360     $ (4,928,697 )    $ 6,616,383     $ —      $ 570,343     $ —      $ —   
                 
 
 
   Former CEO   $ 849,757     $ —      $ —      $ 94,849     $ —      $ (6,858 )    $ (6,209,420 ) 
                 
 
 
   Other NEOs   $ 1,248,601     $ (844,436 )   $ 772,676     $ 60,044     $ 28,603     $ (7,240 )    $ (642,155 ) 
      
Compensation Actually Paid vs. Total Shareholder Return     LOGO      
Compensation Actually Paid vs. Net Income    
LOGO
 
      
Compensation Actually Paid vs. Company Selected Measure    
LOGO
 
      
Total Shareholder Return Vs Peer Group     LOGO      
Tabular List, Table    
Financial Performance Measures
 
As described in greater detail in “Executive Compensation Matters – Compensation Discussion and Analysis,” the Company’s executive compensation program reflects a variable
pay-for-performance
philosophy. The metrics that the Company uses for both our annual and long-term incentive awards are selected based on an objective of incentivizing our NEOs to increase the value of our enterprise for our stockholders. The most important financial performance measures used by the Company to link executive compensation actually paid to the Company’s NEOs for the most recently completed fiscal year to the Company’s performance are as follows:
 
•
  
Revenue
 
•
  
Adjusted EBITDA
 
•
  
Relative TSR (the Company’s TSR as compared to the 3DPRNT Index)
     
Total Shareholder Return Amount     $ 62 86 162 121
Peer Group Total Shareholder Return Amount     213 160 227 240
Net Income (Loss)     $ (362,700,000) $ (121,700,000) $ 322,100,000 $ (149,600,000)
Company Selected Measure Amount     (26,300,000) (5,800,000) 56,100,000 27,800,000
Measure:: 1            
Pay vs Performance Disclosure            
Name     Revenue      
Measure:: 2            
Pay vs Performance Disclosure            
Name     Adjusted EBITDA      
Non-GAAP Measure Description     Adjusted EBITDA is defined on page 34 and is a
non-GAAP
financial measure. 		     
Measure:: 3            
Pay vs Performance Disclosure            
Name     Relative TSR (the Company’s TSR as compared to the 3DPRNT Index)      
Dr. Jeffrey Graves [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount     $ 6,535,630 $ 5,687,163 $ 8,574,250 $ 5,917,360
PEO Actually Paid Compensation Amount     $ 2,603,992 $ (7,091,673) $ 15,609,540 8,175,388
PEO Name   Dr. Jeffrey Graves Dr. Jeffrey Graves Dr. Jeffrey Graves Dr. Jeffrey Graves  
Mr. Vyomesh Joshi [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount     $ 0 $ 0 $ 0 849,757
PEO Actually Paid Compensation Amount     0 0 0 (5,271,672)
PEO Name Mr. Vyomesh Joshi          
PEO | Dr. Jeffrey Graves [Member] | Grant Date Fair Value of Awards as Reported in SCT for Covered Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (5,268,229) (4,765,861) (6,378,719) (4,928,697)
PEO | Dr. Jeffrey Graves [Member] | Covered Year End Value of Awards Granted in Covered Year and Outstanding and Unvested as of Covered Year End [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     2,094,393 1,882,109 5,693,472 6,616,383
PEO | Dr. Jeffrey Graves [Member] | Change in Value as of Covered Year End (as Compared to Prior Year End) of Equity Awards Granted Prior to Covered Year and Outstanding and Unvested as of Covered Year End [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (1,114,020) (7,695,443) 5,445,859 0
PEO | Dr. Jeffrey Graves [Member] | Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     0 0 0 570,343
PEO | Dr. Jeffrey Graves [Member] | Change in Value as of Vesting Date (as Compared to Prior Year End) of Equity Awards Granted Prior to Covered Year that Vested During Covered Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     356,218 (2,199,640) 2,274,678 0
PEO | Dr. Jeffrey Graves [Member] | Prior Year End Value of Equity Awards that Failed to Meet Vesting Conditions During Covered Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     0 0 0 0
PEO | Mr. Vyomesh Joshi [Member] | Grant Date Fair Value of Awards as Reported in SCT for Covered Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount           0
PEO | Mr. Vyomesh Joshi [Member] | Covered Year End Value of Awards Granted in Covered Year and Outstanding and Unvested as of Covered Year End [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount           0
PEO | Mr. Vyomesh Joshi [Member] | Change in Value as of Covered Year End (as Compared to Prior Year End) of Equity Awards Granted Prior to Covered Year and Outstanding and Unvested as of Covered Year End [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount           94,849
PEO | Mr. Vyomesh Joshi [Member] | Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount           0
PEO | Mr. Vyomesh Joshi [Member] | Change in Value as of Vesting Date (as Compared to Prior Year End) of Equity Awards Granted Prior to Covered Year that Vested During Covered Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount           (6,858)
PEO | Mr. Vyomesh Joshi [Member] | Prior Year End Value of Equity Awards that Failed to Meet Vesting Conditions During Covered Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount           (6,209,420)
Non-PEO NEO | Grant Date Fair Value of Awards as Reported in SCT for Covered Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (1,300,976) (1,269,985) (2,302,472) (844,436)
Non-PEO NEO | Covered Year End Value of Awards Granted in Covered Year and Outstanding and Unvested as of Covered Year End [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     532,787 456,106 2,022,950 772,676
Non-PEO NEO | Change in Value as of Covered Year End (as Compared to Prior Year End) of Equity Awards Granted Prior to Covered Year and Outstanding and Unvested as of Covered Year End [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (273,623) (1,221,213) 1,973,281 60,044
Non-PEO NEO | Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     0 14,940 0 28,603
Non-PEO NEO | Change in Value as of Vesting Date (as Compared to Prior Year End) of Equity Awards Granted Prior to Covered Year that Vested During Covered Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (65,805) (116,787) 1,224,538 (7,240)
Non-PEO NEO | Prior Year End Value of Equity Awards that Failed to Meet Vesting Conditions During Covered Year [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     $ (105,956) $ (818,495) $ (100,749) $ (642,155)