Company: VLDXW
Filing Date: 2025-08-20
Form Type: 424B4
Source: 0001641172-25-024892
Chunk: 91

Company: Velo3D, Inc.
Filing Date: 2025-08-20
Form: 424B4
Chunk 91
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 |   |        |     |       |   |     |   |         |   |     |     |       |    |
| 3D Printer sales  |     | $                                 | 25,368 |     | 61.9 | % |     | $ | 68,938 |     |  89.0 | % |     | $ | (43,570 | ) |     |     | (63.2 | )% |
| Recurring payment |     |                                   |  1,054 |     |  2.6 | % |     |   |  1,676 |     |   2.2 | % |     |   |    (622 | ) |     |     | (37.1 | )% |
| Support services  |     |                                   |  9,581 |     | 23.4 | % |     |   |  6,829 |     |   8.8 | % |     |   |   2,752 |   |     |     |  40.3 | %  |
| Other             |     |                                   |  5,000 |     | 12.1 | % |     |   |      — |     |     — | % |     |   |   5,000 |   |     |     |    NS |    |
| Total Revenue     |     | $                                 | 41,003 |     | 99.9 | % |     | $ | 77,443 |     | 100.0 | % |     | $ | (36,440 | ) |     |     | (47.1 | )% |

Total revenue for the years ended December
31, 2024 and 2023 was $41.0 million and $77.4 million, respectively. Total revenue for the year ended December 31, 2024 decreased by
$36.4 million, or 47.1%, from the year ended December 31, 2023.

3D Printer sales were $25.4 million and $68.9
million for the years ended December 31, 2024 and 2023, respectively, which was primarily attributed to an overall decrease in system
sales and backlog in the fourth quarter of 2023, offset in part by sales of the higher priced Sapphire 1MZ, Sapphire XC and Sapphire
XC 1MZ systems throughout the first