Company: VLDXW
Filing Date: 2025-06-25
Form Type: DRS
Source: 0001641172-25-016496
Chunk: 103

Company: Velo3D, Inc.
Filing Date: 2025-06-25
Form: DRS
Chunk 103
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ured Notes. Our future cash requirements and the adequacy of available funds will depend on many factors, including our operating performance, competitive and industry developments, and financial market conditions.

Contractual Obligations

The table below summarizes our contractual obligations as of December 31, 2024:

|                          |     | Payments       
 Due by Period  
 Less           
 than           
 1 year         
 (In thousands) |        |     | 1 – 3 
 years |       |     | 3 – 5 
 years |       |     | Total |        |
|:-------------------------|:----|:---------------|-------:|:----|:------|------:|:----|:------|------:|:----|:------|-------:|
| Operating                
 leases                   |     | $              |  2,390 |     | $     | 7,320 |     | $     | 8,779 |     | $     | 18,489 |
| Debt principal, interest 
 and fees                 |     |                |  5,993 |     |       |     — |     |       |     — |     |       |  5,993 |
| Purchase commitments     |     |                |  3,200 |     |       |     — |     |       |     — |     |       |  3,200 |
| Total contractual cash   
 obligations              |     | $              | 11,583 |     | $     | 7,320 |     | $     | 8,779 |     | $     | 27,682 |

Purchase commitments (purchase orders) of $3.2 million for parts and assemblies are non-cancellable and are due upon receipts with standard payment terms and will be delivered throughout 2025.

Recent Accounting Pronouncements

For a description of recent accounting pronouncements, including the expected dates of adoption and estimated effects, if any, on our consolidated financial statements, Note 2, Summary of Significant Accounting Policies, in the notes to the audited consolidated financial statements in this prospectus.

Implications of Being an Emerging Growth Company

Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can choose not to take advantage of the extended transition period and comply with the