Company: VLDXW
Filing Date: 2025-08-07
Form Type: S-1
Source: 0001641172-25-022475
Chunk: 91

Company: Velo3D, Inc.
Filing Date: 2025-08-07
Form: S-1
Chunk 91
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|                   |     | Year Ended December               
 31,                               |   2024 |     |      |   |     |   |   2023 |     |       |   |     |   |  Change |   |     |     |     % |    |
|:------------------|:----|:----------------------------------|-------:|:----|-----:|:--|:----|:--|-------:|:----|------:|:--|:----|:--|--------:|:--|:----|:----|------:|:---|
|                   |     | -in thousands, except percentages |        |     |      |   |     |   |        |     |       |   |     |   |         |   |     |     |       |    |
| 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,