The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -71,362 |
| Depreciation and amortization | 3,379 |
| Amortization of debt discount and deferred financing costs | 192 |
| Stock-based compensation | 9,509 |
| Gain on exchange of debt for common stock | 0 |
| Change in fair value of warrants | 1,140 |
| Change in fair value of contingent earnout liabilities | -10 |
| Impairment of equipment subject to operating lease | 1,066 |
| Loss on warrant cancellation | -11,357 |
| Reserve for excess and obsolete inventory | 6,979 |
| Non-cash cost of issuance of common stock warrants on bepo offering | 0 |
| Loss on debt extinguishment | 0 |
| Non-cash warrant issuance in connection with august warrant inducement | 0 |
| Provision for credit loss related to contract assets | 1,392 |
| Provision for credit loss related to trade accounts receivable | 1,863 |
| Non-cash lease expense | 139 |
| Loss on sale/disposal of fixed assets | -24 |
| Realized loss on available-for-sale securities | 0 |
| Accounts receivable | 4,403 |
| Inventories | -24,415 |
| Contract assets | 2,931 |
| Prepaid expenses and other current assets | 3,386 |
| Other assets | -2,000 |
| Accounts payable | -15,300 |
| Accrued expenses and other liabilities | 7,960 |
| Contract liabilities | -1,004 |
| Other noncurrent liabilities | -346 |
| Net cash used in operating activities | -27,327 |
| Purchase of property and equipment | 2,715 |
| Reimbursement of previously incurred leasehold expenditures | 0 |
| Sales of property and equipment | 0 |
| Sales of available-for-sale securities | 0 |
| Proceeds from maturity of available for sale investments | 0 |
| Net cash (used in) provided by investing activities | -2,715 |
| Proceeds from secured convertible notes | 15,000 |
| Repayment of secured notes | 2,627 |
| Proceeds from equipment loan | 10,000 |
| Repayment of equipment loan | 311 |
| Issuance cost for equipment loan | 19 |
| Gross proceeds from december 2025 pipe offering | 30,000 |
| Payment for issuance cost related to december 2025 pipe offering | 2,033 |
| Gross proceeds from august 2025 offering | 20,126 |
| Payment for issuance cost related to august 2025 offering | 2,303 |
| Proceeds from capital raise - august warrant inducement | 0 |
| Gross proceeds from bepo offering | 0 |
| Payments for issuance cost related to the bepo offering | 0 |
| Issuance of common stock upon exercise of stock options | 0 |
| Net cash provided by financing activities | 67,833 |
| Effect of exchange rate on cash and cash equivalents | 5 |
| Net change in cash and cash equivalents | 37,796 |
| Cash and cash equivalents and restricted cash at beginning of period | 1,840 |
| Cash and cash equivalents and restricted cash at end of period | 39,636 |
Velo3D, Inc. (VELO)
Velo3D, Inc. (VELO)