Company: VLDXW
Filing Date: 2025-08-20
Form Type: 424B4
Source: 0001641172-25-024892
Chunk: 281

Company: Velo3D, Inc.
Filing Date: 2025-08-20
Form: 424B4
Chunk 281
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     |              | (3,407 | ) |
| Total                              |     | $              |  5,394 |   |     | $            |  3,723 |   |

Inventories, Net

Inventories consisted of the following:

Schedule of Inventories

|                  |     | June 30,       
 2025           
 (In thousands) |        |     | December 31, 
 2024         |        |
|:-----------------|:----|:---------------|-------:|:----|:-------------|-------:|
| Raw materials    |     | $              | 30,024 |     | $            | 29,386 |
| Work-in-progress |     |                |  3,076 |     |              |  9,660 |
| Finished goods   |     |                |  5,317 |     |              | 10,907 |
| Total            |     | $              | 38,417 |     | $            | 49,953 |

The Company recorded $24.1 million and $27.1 million in inventory reserves related to the valuation of inventory as of June 30, 2025 and December 31, 2024, respectively.

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following:

Schedule of Prepaid Expenses and Other Current Assets

|                             |     | June 30,       
 2025           
 (In thousands) |       |     | December 31, 
 2024         |       |
|:----------------------------|:----|:---------------|------:|:----|:-------------|------:|
| Prepaid insurance and other |     | $              | 1,706 |     | $            | 1,724 |
| Vendor prepayments          |     |                | 1,077 |     |              |   612 |
| Total                       |     | $              | 2,783 |     | $            | 2,336 |

Property and Equipment, Net

Property and equipment, net consisted of the following:

Schedule of Property and Equipment, Net

|                                                |     | June 30,       
 2025           
 (In thousands) |         |   |     | December 31, 
 2024         |         |   |
|:-----------------------------------------------|:----|:---------------|--------:|:--|:----|:-------------|--------:|:--|