Company: VLDXW
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001641172-25-022448
Chunk: 22

Company: Velo3D, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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 Private Warrants) (ii) 
     —  
     —  
     865  
     865 
  
    Common stock warrant liabilities (August Inducement Warrants) (ii) 
     —  
     —  
     796  
     796 
  
    Warrant liabilities 
     —  
     —  
     796  
     796 

    Contingent earnout liabilities 
     —  
     —  
     11  
     11 
  
    Total financial liabilities 
    $—  
    $—  
    $2,177  
    $2,177 

    (i)
    Included
    in cash and cash equivalents on the unaudited condensed consolidated balance sheets.

    (ii)
    Included
    in warrant liabilities on the unaudited condensed consolidated balance sheets.

For
more information regarding the Public Warrants, the Private Placement Warrants, the 2022 Private Warrant, the RDO Warrants, the Placement
Agent Warrants, the 2024 Private Warrants, the BEPO Warrants, and the BEPO Agent Warrants, July 2024 Private Warrants, August Inducement
Warrants and the Contingent earnout liabilities, see Note 10, Equity Instruments.

The
aggregate fair value of the Company’s money market funds approximated amortized cost and, as such, there were no unrealized gains
or losses on money market funds as of June 30, 2025 and December 31, 2024. Realized gains and losses, net of tax, were not material for
any of the periods presented.

    11

The
following table presents a summary of the changes in the fair value of the Company’s Level 3 financial instruments:

 Summary
of Changes in Fair Value of Level 3 Financial Instruments

    Private placement warrant liabilities  
    2022 Private Warrant  
    Contingent earnout liabilities  
    RDO Warrants  
    Placement Agent Warrants  
    2024 Private Warrants  
    BEPO Warrants  
    BEPO Agent Warrants  
    July 2024 Private Warrants  
    August Inducement Warrants 

    (In thousands) 
  
    Fair value as of January 1, 2025 
    $           —  
    $1