Company: VLDXW
Filing Date: 2025-06-25
Form Type: DRS
Source: 0001641172-25-016496
Chunk: 270

Company: Velo3D, Inc.
Filing Date: 2025-06-25
Form: DRS
Chunk 270
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 that covers workmanship, software, and hardware components under which we provide maintenance for periods up to one year. For these initial product warranties, estimated costs are accrued at the time of the sale of the product. These cost estimates are established using historical information regarding the nature, frequency and average costof claims for each type of printer or other product, as well as assumptions about future activity and events. Revisions to expense accruals are made as necessary based on changes in these historical and future factors.

| F-60 |

<div align='center'>Confidential Treatment Requested by Velo3D, Inc.

Pursuant to 17 CFR 200.83</div>

Note 3. Basic and Diluted Net Loss per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common stockholders:

|                                             |     |                                      Three 
                     Months Ended March 31, |             |   |     |      |           |   |
|                                             |     |                                       2025 |             |   |     | 2024 |           |   |
|                                             |     |                                        -In 
 thousands, except share and per share data |             |   |     |      |           |   |
| Numerator:                                  |     |                                            |             |   |     |      |           |   |
| Net (loss)                                  |     |                                          $ |     (25,411 | ) |     |    $ |   (28,314 | ) |
| Denominator:                                |     |                                            |             |   |     |      |           |   |
| Basic weighted average shares outstanding   |     |                                            | 200,971,566 |   |     |      | 7,436,976 |   |
| Diluted weighted average shares outstanding |     |                                            | 200,971,566 |   |     |      | 7,436,976 |   |
| Net (loss) per share                        |     |                                            |             |   |     |      |           |   |
| Basic                                       |     |                                          $ |       (0.13 | ) |     |    $ |     (3.81 | ) |
| Diluted                                     |     |                                          $ |       (0.13 | ) |     |    $ |     (3.81 | ) |

The following potentially dilutive shares of common stock equivalents “on an as-converted basis” were excluded from the computation of diluted