Company: VLDXW
Filing Date: 2025-06-25
Form Type: DRS
Source: 0001641172-25-016496
Chunk: 192

Company: Velo3D, Inc.
Filing Date: 2025-06-25
Form: DRS
Chunk 192
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     |      |         20 |   |     |      |         — |   |
| Net loss                                             |     |      |    (73,297 | ) |     |      |  (135,139 | ) |
| Net loss per share:                                  |     |      |            |   |     |      |           |   |
| Basic                                                |     | $    |      (5.77 | ) |     | $    |    (23.97 | ) |
| Diluted                                              |     | $    |      (5.77 | ) |     | $    |    (23.97 | ) |
| Shares used in computing net loss per share:         |     |      |            |   |     |      |           |   |
| Basic                                                |     |      | 12,708,975 |   |     |      | 5,638,821 |   |
| Diluted                                              |     |      | 12,708,975 |   |     |      | 5,638,821 |   |
| Net loss                                             |     | $    |    (73,297 | ) |     | $    |  (135,139 | ) |
| Net unrealized holding                               
 gain on available-for-sale investments               |     |      |         96 |   |     |      |       741 |   |
| Total comprehensive                                  
 loss                                                 |     | $    |    (73,201 | ) |     | $    |  (134,398 | ) |

<div align='center'>The accompanying notes are an integral part of these consolidated financial statements.</div>

| F-4 |

<div align='center'>Confidential Treatment Requested by Velo3D, Inc.

Pursuant to 17 CFR 200.83

Velo3D, Inc.

CONSOLIDATED STATEMENTS OF CASH FLOWS

For the Years Ended December 31, 2024 and 2023

(In thousands)</div>

| Cash flows from operating                            
 activities                                           |     | 2024 |         |   |     | 2023 |          |   |
|:-----------------------------------------------------|:----|:-----|--------:|:--|:----|:-----|---------:|:--|
| Net loss                                             |     | $    | (73,297 | ) |     | $    | (135,139 | ) |
| Adjustments to reconcile net loss to net