Company: VLDXW
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001641172-25-022448
Chunk: 65

Company: Velo3D, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 65
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     (1,327) 
     1,321  
     (99.5)%
  
    Loss before (provision) benefit for income taxes 
     (13,667) 
     (176) 
     (13,491) 
     7665.3%
  
    (Provision) benefit for income taxes 
     (89) 
     4  
     (93) 
     (2325.0)%
  
    Net loss 
    $(13,756) 
    $(172) 
    $(13,584) 
     7897.7%

Revenue

The
following table presents the revenue disaggregated by products and service type, as well as the percentage of total revenue.

    Three Months Ended June 30,  

    2025  
    2024  
    Change  
    % 

    (In thousands, except for percentages) 
  
    3D Printer sales 
    $12,082  
     89.0% 
    $8,679  
     83.9% 
    $3,403  
     39.2%
  
    Recurring payment 
     70  
     0.5% 
     292  
     2.8% 
     (222) 
     (76.0)%
  
    Support services 
     1,359  
     10.0% 
     1,373  
     13.3% 
     (14) 
     (1.0)%
  
    Other 
     61  
     0.5% 
     —  
     —  
     61  
     100.0%
  
    Total Revenue 
    $13,572  
     100.0% 
    $10,344  
     100.0% 
    $3,228  
     31.2%

34

Total
revenue for the three months ended June 30, 2025 and 2024 was $13.6 million and $10.3 million, respectively, an increase of $3.2 million,
or 31.2%.

3D
Printer sales were $12.1 million and $8.7 million for the three months ended June 30, 2025 and 2024, respectively, an increase