Company: VLDXW
Filing Date: 2025-06-25
Form Type: DRS
Source: 0001641172-25-016496
Chunk: 82

Company: Velo3D, Inc.
Filing Date: 2025-06-25
Form: DRS
Chunk 82
---
----|------:|:--|:----|:-----|-------:|:----|------:|:--|:----|:-------|:-------|:--|:----|:--|:------|:---|
| Cost of 3D Printers       |     | $                                      | 7,540 |     |  87.4 | % |     | $    |  9,394 |     |  74.5 | % |     | $      | (1,854 | ) |     |   | (19.7 | )% |
| Cost of Recurring Payment |     |                                        |    12 |     |   0.1 | % |     |      |    315 |     |   2.5 | % |     |        | (303   | ) |     |   | (96.2 | )% |
| Cost of Support Services  |     |                                        | 1,071 |     |  12.5 | % |     |      |  2,892 |     |  23.0 | % |     |        | (1,821 | ) |     |   | (63.0 | )% |
| Total Cost of Revenue     |     | $                                      | 8,623 |     | 100.0 | % |     | $    | 12,601 |     | 100.0 | % |     | $      | (3,978 | ) |     |   | (31.6 | )% |

Total cost of revenue for the three months ended March 31, 2025 and 2024 was $8.6 million and $12.6 million, respectively, a decrease of $4.0 million, or 31.6%.

Cost of 3D Printers was $7.5 million and $9.4 million for the three months ended March 31, 2025 and 2024, respectively. The decrease of $1.9 million was due to a decrease in number of systems sold for the three months ended March 31, 2025, compared to the three months ended March 31, 2024.

Cost of Recurring Payment was less than $0.1 million and $0.3 million for the three months ended March 31, 2025 and 2024, respectively. This decrease of $0.3 million was primarily due to a