Company: VLDXW
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001641172-25-022448
Chunk: 4

Company: Velo3D, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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 value of warrants 
     1,044  
     (22,690)
  
    Gain on fair value of contingent earnout liabilities 
     —  
     (1,387)
  
    Loss on warrant cancellation 
     11,357  
     — 
  
    Non-cash cost of issuance of common stock warrants on BEPO Offering 
     —  
     1,313 
  
    Loss on sale/disposal of fixed assets 
     2,777  
     — 
  
    Realized loss on available for sale securities 
     —  
     21 
  
    Changes in operating assets and liabilities 

    Accounts receivable 
     (1,671) 
     1,245 
  
    Inventories 
     5,691  
     3,891 
  
    Contract assets 
     (948) 
     (1,351)
  
    Prepaid expenses and other current assets 
     (292) 
     1,871 
  
    Other assets 
     2,002  
     1,369 
  
    Accounts payable 
     (912) 
     (2,391)
  
    Accrued expenses and other liabilities 
     2  
     (595)
  
    Contract liabilities 
     (3,573) 
     (345)
  
    Other noncurrent liabilities 
     (642) 
     (1,279)
  
    Net cash used in operating activities 
     (13,565) 
     (28,492)
  
    Cash flows from investing activities 

    Purchase of property and equipment 
     (1,799) 
     (8)
  
    Sales of available-for-sale investments 
     —  
     2,474 
  
    Proceeds from maturity of available-for-sale investments 
     —  
     3,500 
  
    Net cash (used in) provided by investing activities 
     (1,799) 
     5,966 
  
    Cash flows from financing activities 

    Proceeds from secured convertible notes 
     15,000  
     — 
  
    Proceeds from BEPO Offering, net of issuance costs 
     —  
     10,675 
  
    Repayment of secured notes 
     —  
     (10,500)
  
    Issuance