Company: VLDXW
Filing Date: 2025-08-07
Form Type: S-1
Source: 0001641172-25-022475
Chunk: 223

Company: Velo3D, Inc.
Filing Date: 2025-08-07
Form: S-1
Chunk 223
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, Contingent earnout liability, Debt derivative liability and the 2024 Private Warrant liability, the Company used the Monte Carlo simulation model using a distribution of potential outcomes on a weekly basis over the applicable periods that assumes optimal exercise of the Company’s redemption option at the earliest possible date (see Note 10, Equity Instruments).

In determining the fair value of the 2022 Private Warrant liability, RDO Warrant liability, Placement Agent Warrant liability, BEPO Warrant liability, BEPO Agent Warrant liability, July 2024 Private Warrant liability and August Inducement Warrant liability the Company used the Black-Scholes option pricing model to estimate the fair value using unobservable inputs including the expected term, expected volatility, risk-free interest rate and dividend yield (see Note 10, Equity Instruments).

Note 5. Investments

Available-for-sale Investments

There were noavailable-for-sale investments as of December 31, 2024. Investments sold during the year ending December 31, 2024, had a realized loss of less than $ 0.1million. The following table summarizes the Company’s AFS investments as of December 31, 2023. These are classified as “Short-term investments” on the consolidated balance sheets.

| F-24 |

Velo3D, Inc.

Notes to Consolidated Financial Statements

Schedule of Available-for-sale Investments

|                                |     | December  
 31, 2023  |       |     |            |   |     |            |     |   |     |       |       |
|:-------------------------------|:----|:----------|------:|:----|:-----------|:--|:----|:-----------|:----|:--|:----|:------|------:|
|                                |     | Amortized 
 Cost      |       |     | Gross      
 Unrealized 
 Gain       |   |     | Gross      
 Unrealized 
 Loss       |     |   |     | Fair  
 Value |       |
|                                |     | -In       
 thousands |       |     |            |   |     |            |     |   |     |       |       |
| Corporate                      
 bonds                          |     |           | 6,717 |     |            | — |     |            | (96 | ) |     |       | 6,621 |
| Total                          
 available-for-sale investments |     | $         | 6,717 |     | $          | — |     | $