Company: VLDXW
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001641172-25-022448
Chunk: 72

Company: Velo3D, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 72
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 value of contingent earnout liabilities 
     —  
     1,387  
     (1,387) 
     (100.0)%
  
    Loss on warrant cancellation 
     (11,357) 
     —  
     (11,357) 
     — 
  
    Other expense, net 
     (17) 
     (1,233) 
     1,216  
     (98.6)%
  
    Loss before (provision) benefit for income taxes 
     (39,070) 
     (28,486) 
     (10,584) 
     37.2%
  
    (Provision) benefit for income taxes 
     (97) 
     —  
     (97) 
     — 
  
    Net loss 
    $(39,167) 
    $(28,486) 
    $(10,681) 
     37.5%

Revenue

The
following table presents the revenue disaggregated by products and service type, as well as the percentage of total revenue.

    Six Months Ended June 30,  

    2025  
    2024  
    Change  
    % 

    (In thousands, except for percentages) 
  
    3D Printer sales 
    $19,605  
     85.6% 
    $16,339  
     81.2% 
    $3,266  
     20.0%
  
    Recurring payment 
     70  
     0.3% 
     762  
     3.8% 
     (692) 
     (90.8)%
  
    Licensing 
     3,149  
     13.8% 
     3,029  
     15.0% 
     120  
     100.0%
  
    Support services 
     68  
     0.3% 
     —  
     —  
     68  
     — 
  
    Total Revenue 
    $22,892  
     100.0% 
    $20,130  
     100.0% 
    $2,762  
     13.7%

Total
revenue for the six months ended June 30, 2025 and