Company: VLDXW
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001641172-25-022448
Chunk: 44

Company: Velo3D, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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 2025, the Company had an allocated reserve of 148,897 shares
of its common stock for issuance under its 2021 Employee Stock Purchase Plan (“2021 ESPP”). As of June 30, 2025, the Company
had not begun any offering periods for the 2021 ESPP.

Stock
options

Activity
under the 2021 EIP is set forth below:

 Schedule
of Stock Option Plan Activity

    Options  
    Weighted- Average Exercise
    Price  
    Weighted- Average
    Remaining Contractual Term in years 

     (In thousands)  
     (Per share data)  
     (Years) 
  
    Outstanding as of December 31, 2023 
     25  
    $320.25  
     6.2 
  
    Granted 
     —  
    $—  

    Exercised 
     (3) 
    $94.50  

    Forfeited or expired 
     (1) 
    $426.45  

    Outstanding as of June 30, 2024 
     21  
    $352.95  
     5.9 
  
    Options vested and expected to vest as of June 30, 2024 
     21  
    $352.95  

    Vested and exercisable as of June 30, 2024 
     21  
    $356.40  

    Outstanding as of December 31, 2024 
     18  
    $380.70  
     5.0 
  
    Granted 
     —  
    $—  

    Exercised 
     —  
    $—  

    Forfeited or expired 
     (14) 
    $166.70  

    Outstanding as of June 30, 2025 
     4  
    $1,022.11  
     4.8 
  
    Options vested and expected to vest as of June 30, 2025 
     4  
    $1,022.11  

    Vested and exercisable as of June 30, 2025 
     4  
    $1,022.11  

As
of June 30, 2025 and December 31, 2024, there is no aggregate intrinsic