Company: VLDXW
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001641172-25-022448
Chunk: 50

Company: Velo3D, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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 16.0% 
     —% 
     <10% 
     —% 
     <10%
  
    Customer 7 
     <10% 
     11.4% 
     <10% 
     <10% 
     <10% 
     <10%
  
    Customer 8 
     <10% 
     <10% 
     <10% 
     <10% 
     17.3% 
     —%
  
    Customer 9 
     —% 
     —% 
     —% 
     —% 
     12.8% 
     12.9%
  
    Customer 10 
     —% 
     —% 
     —% 
     —% 
     <10% 
     10.8%
  
    Customer 11 
     —% 
     <10% 
     —% 
     <10% 
     —% 
     18.2%

Revenue
by Geographic Area

The
Company currently sells its products in the geographic regions as follows:

 Schedule
of Revenue by Geographic Area

    2025  
    2024  
    2025  
    2024 

    Three Months Ended June 30,  
    Six Months Ended June 30, 

    2025  
    2024  
    2025  
    2024 

    (In thousands) 
  
    Americas 
    $10,731  
    $10,103  
    $19,020  
    $19,476 
  
    Europe 
     2,748  
     176  
     3,684  
     501 
  
    Other 
     93  
     65  
     188  
     153 
  
    Total 
    $13,572  
    $10,344  
    $22,892  
    $20,130 

Contract
Assets and Liabilities

There
was $0.4 million and $0.9 million of revenue recognized during the three and six months ended June 30, 2025, respectively, included in
contract liabilities as of December 31, 2024. The amount of revenue recognized during the three and six months ended June