Company: VLDXW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0000950170-25-047760
Chunk: 215

Company: Velo3D, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1B
Chunk 215
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 S-K, we are not required to provide the information required by this Item.

Item 8. Financial Statements and Supplementary Data.

 75

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

    Report of Independent Registered Public Accounting Firm (PCAOB ID 1596)
     
    77

    Report of Independent Registered Public Accounting Firm (PCAOB ID 238)
     
    78

    Consolidated Balance Sheets as of December 31, 2024 and 2023
     
    79

    Consolidated Statements of Operations and Comprehensive Loss for the Years ended December 31, 2024 and 2023
     
    80

    Consolidated Statements of Cash Flows for the Years ended December 31, 2024 and 2023
     
    81

    Consolidated Statements of Stockholders’ Equity for the Years Ended December 31, 2024 and 2023
     
    83

    Notes to Consolidated Financial Statements
     
    84

 76

Report of Independent Registered Public Accounting Firm

To the Board of Directors and Stockholders of  

Velo3D, Inc.

Opinion on the Consolidated Financial StatementsWe have audited the accompanying consolidated balance sheet of Velo3D, Inc. and Subsidiaries (collectively, the “Company”) as of December 31, 2024, and the related consolidated statements of operations and comprehensive loss, stockholders’ equity, and cash flows, for the year then ended, and the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Company as of December 31, 2024, and the results of their operations and their cash flows as of and for the year ended December 31, 2024, in conformity with accounting principles generally accepted in the United States of America.

Substantial Doubt about the Company’s Ability to Continue as a Going Concern

The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 1 to the consolidated financial statements, the Company has incurred losses from operations and negative cash flows from operations since inception that raise substantial doubt about their ability to continue as a going concern. Management's plans in regard to these matters are also described in Note 1. The consolidated financial statements do not include any adjustments that might result