Company: VLDXW
Filing Date: 2025-01-14
Form Type: 10-Q
Source: 0000950170-25-005443
Chunk: 1

Company: Velo3D, Inc.
Filing Date: 2025-01-14
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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2024 and December 31, 2023, 9,647,652 and 7,502,478 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively

    2

    2

    Additional paid-in capital

    443,066

    425,471

    Accumulated other comprehensive loss

    —

    (96
    )

    Accumulated deficit

    (408,381
    )

    (357,037
    )

    Total stockholders’ equity

    34,687

    68,340

    Total liabilities and stockholders’ equity
     
    $
    110,787

    $
    153,799

The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements.

3

Velo3D, Inc.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

(Unaudited)

(In thousands, except share and per share data)

    Three Months Ended September 30,

    Nine Months Ended September 30,

    2024

    2023

    2024

    2023

    As Revised

    As Revised

    Revenue

    3D Printer
     
    $
    1,049

    $
    20,787

    $
    17,388

    $
    68,425

    Recurring payment

    192

    531

    954

    1,141

    Licensing

    5,000

    —

    5,000

    —

    Support services

    2,006

    1,849

    5,035

    5,422

    Total Revenue

    8,247

    23,167

    28,377

    74,988

    Cost of revenue

    3D Printer

    2,224

    20,772

    22,362

    62,992

    Recurring payment

    195

    111

    742

    893

    Support services

    1,757

    2,121

    6,914

    5,872

    Total cost of revenue

    4,176

    23,004

    30,