Company: VLDXW
Filing Date: 2025-08-07
Form Type: S-1
Source: 0001641172-25-022475
Chunk: 224

Company: Velo3D, Inc.
Filing Date: 2025-08-07
Form: S-1
Chunk 224
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 |
|:-----------------|:----|:-----------|-------:|:----|:-----|-------:|
| Raw              
 materials        |     | $          | 29,386 |     | $    | 48,488 |
| Work-in-progress |     |            |  9,660 |     |      |  9,922 |
| Finished         
 goods            |     |            | 10,907 |     |      |  2,406 |
| Total            |     | $          | 49,953 |     | $    | 60,816 |

The Company recorded $ 27.1million in inventory reserves related to the valuation of inventory for the years ended December 31, 2024 and 2023.

| F-25 |

Velo3D, Inc.

Notes to Consolidated Financial Statements

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following:

Schedule of Prepaid Expenses and Other Current Assets

|                     |     | 2024       
 December   
 31,        
 2024       
 (In        
 thousands) |       |     | 2023 
 2023 |       |
|:--------------------|:----|:-----------|------:|:----|:-----|------:|
| Prepaid             
 insurance and other |     | $          | 1,724 |     | $    | 2,738 |
| Vendor              
 prepayments         |     |            |   612 |     |      | 1,262 |
| Total               |     | $          | 2,336 |     | $    | 4,000 |

Property and Equipment, Net

Property and equipment, net consisted of the following:

Schedule of Property and Equipment, Net

|                                           |     | 2024       
 December   
 31,        
 2024       
 (In        
 thousands) |         |   |     | 2023 
 2023 |        |   |
|:------------------------------------------|:----|:-----------|--------:|:--|:----|:-----|-------:|:--|
| Computers                                 
 and software                              |     | $          |   2,525 |   |     | $    |  2,549 |   |
| Lab                                       
 equipment and other equipment             |     |            |  11,011 |   |     |      |  8,075 |   |
| Furniture