Company: VLDXW
Filing Date: 2025-08-20
Form Type: 424B4
Source: 0001641172-25-024892
Chunk: 228

Company: Velo3D, Inc.
Filing Date: 2025-08-20
Form: 424B4
Chunk 228
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 manufacturing facility operating lease at Campbell (McGlincy) was terminated on March 31, 2023, and is no longer in use. There were no significant asset retirement obligations. The Company accelerated depreciation of $0.4 million in leasehold improvements, which are included in depreciation expense, related to the Company’s exit from its two facilities at Campbell (Division) on December 31, 2023, which are no longer in use. The Company disposed of $2.1 million in fully-depreciated leasehold improvements during the year ended December 31, 2023.

Other Assets

Other assets consisted of the following:

Schedule of Other Assets

|                                   |     | 2024       
 December   
 31,        
 2024       
 (In        
 thousands) |        |     | 2023 
 2023 |        |
|:----------------------------------|:----|:-----------|-------:|:----|:-----|-------:|
| Right                             
 of use assets                     |     | $          |  8,774 |     | $    | 10,672 |
| Net                               
 investment in sales type lease    |     |            |  2,712 |     |      |      — |
| Non-current                       
 contract assets                   |     |            |      — |     |      |  5,117 |
| Non-current                       
 prepaid expenses and other assets |     |            |  2,027 |     |      |  1,993 |
| Total                             
 Other assets                      |     | $          | 13,513 |     | $    | 17,782 |

| F-26 |

<div align='center'>Velo3D, Inc.

Notes to Consolidated Financial Statements</div>

Accrued Expenses & Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following:

Schedule of Accrued and Other Current Liabilities

|                                                |     | 2024       
 December   
 31,        
 2024       
 (In        
 thousands) |       |     | 2023 
 2023 |       |
|:-----------------------------------------------|:----|:-----------|------:|:----|:-----|------:|
| Accrued                                        
 expenses                                       |     | $          | 1,173 |     | $    | 1,948 |
| Accrued                                        
 salaries and benefits                          |     |            |   560 |     |      | 2,277 |
|