Company: VLDXW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0000950170-25-047760
Chunk: 221

Company: Velo3D, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1B
Chunk 221
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 common stock

    (2,619
    )

    —

    Gain on fair value of warrants

    (32,094
    )

    (2,338
    )

    Gain on fair value of contingent earnout liabilities

    (1,445
    )

    (15,958
    )

    Non-cash cost of issuance of common stock warrants on BEPO Offering

    1,311

    —

    Gain on fair value of debt derivatives

    —

    (8,485
    )

    Loss on debt extinguishment

    7,525

    19,450

    Non-cash warrant issuance in connection with August warrant inducement

    2,439

    —

    Cost of issuance of common stock warrants

    —

    1,357

    Loss on sale/disposal of fixed assets

    11

    —

    Realized loss on available for sale securities

    23

    14

    Changes in assets and liabilities

    Accounts receivable

    5,860

    (398
    )

    Inventories, net

    13,300

    13,728

    Contract assets

    7,010

    (7,224
    )

    Prepaid expenses and other current assets

    1,824

    2,795

    Other assets

    3,952

    10,153

    Accounts payable

    (743
    )

    2,211

    Accrued expenses and other liabilities

    (2,578
    )

    (9,038
    )

    Contract liabilities

    5,150

    (10,059
    )

    Other noncurrent liabilities

    (2,218
    )

    (946
    )

    Net cash used in operating activities

    (32,677
    )

    (105,636
    )

    Cash flows from investing activities

    Purchase of property and equipment

    (9
    )

    (1,046
    )

    Reimbursement of previously incurred leasehold expenditures

    1,084

    —

    Sales of property and equipment

    20

    —

    Production of equipment for lease to customers

    —

    (2,164
    )

    Purchases of available-for-sale investments

    —

    (3,655
    )

    Sales of available for sale securities

    3,172