Company: VLDXW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0000950170-25-047760
Chunk: 39

Company: Velo3D, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 8
Chunk 39
---
    4

    2

    Additional paid-in capital

    469,994

    425,471

    Accumulated other comprehensive loss

    —

    (96
    )

    Accumulated deficit

    (430,334
    )

    (357,037
    )

    Total stockholders’ equity

    39,664

    68,340

    Total liabilities and stockholders’ equity
     
    $
    89,180

    $
    153,799

The accompanying notes are an integral part of these consolidated financial statements.

 79

Velo3D, Inc.

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

For the Years Ended December 31, 2024 and 2023

(In thousands, except per share data)

    2024

    2023

    Revenue

    3D Printer
     
    $
    25,368

    $
    68,938

    Recurring payment

    1,054

    1,676

    Support services

    9,581

    6,829

    Other

    5,000

    —

    Total Revenue

    41,003

    77,443

    Cost of revenue

    3D Printer

    34,159

    94,448

    Recurring payment

    866

    1,291

    Support services

    8,063

    7,971

    Total cost of revenue

    43,088

    103,710

    Gross loss

    (2,085
    )

    (26,267
    )

    Operating expenses

    Research and development

    17,108

    42,031

    Selling and marketing

    13,808

    23,229

    General and administrative

    49,346

    41,727

    Total operating expenses

    80,262

    106,987

    Loss from operations

    (82,347
    )

    (133,254
    )

    Interest expense

    (15,968
    )

    (9,722
    )

    Gain on fair value of warrants

    32,094

    2,338

    Gain on fair value of contingent earnout liabilities

    1,445