Velo3D Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	11.84	1.21	24.49	31.98	207.6	15.52
Short-Term Investments	-	-	6.62	48.21	15.48	-
Cash & Short-Term Investments	11.84	1.21	31.12	80.2	223.09	15.52
Cash Growth	623.40%	-96.10%	-61.20%	-64.05%	1337.68%	58.09%
Receivables	10.11	4.22	17.09	14.59	13.05	4.27
Inventory	35.39	49.95	60.82	71.2	22.48	7.31
Prepaid Expenses	0.97	1.72	2.74	3.32	5.33	0.53
Other Current Assets	0.86	0.61	1.26	2.22	4.13	0.28
Total Current Assets	59.17	57.72	113.02	171.52	268.07	27.9
Property, Plant & Equipment	23.39	26.72	33.67	42.43	29.49	4.49
Long-Term Accounts Receivable	1.98	-	-	5.91	-	-
Other Long-Term Assets	9.37	4.74	7.11	3.21	5.16	0.3
Total Assets	93.9	89.18	153.8	223.06	302.72	32.69
Accounts Payable	11.34	18.54	15.85	12.21	9.88	1.23
Accrued Expenses	2.85	1.73	4.23	13.43	7.16	2.02
Current Portion of Long-Term Debt	5.31	5.67	21.19	2.78	5.11	3.69
Current Portion of Leases	2.22	1.78	2.27	2.45	2.26	0.49
Current Unearned Revenue	8.23	10.29	5.14	15.19	22.25	4.7
Total Current Liabilities	37.57	38	48.67	46.05	46.66	12.13
Long-Term Debt	17.7	-	11.94	5.42	2.96	4.32
Long-Term Leases	7.46	8.48	10.18	12.21	9.18	0.23
Other Long-Term Liabilities	1.02	3.04	14.67	20.59	133.5	0.13
Total Liabilities	63.74	49.52	85.46	84.27	192.3	16.81
Common Stock	0.01	0	0	0	0	0
Additional Paid-In Capital	511.48	469.99	425.47	361.53	340.29	14.95
Retained Earnings	-481.33	-430.33	-357.04	-221.9	-229.87	-122.78
Comprehensive Income & Other	-	-	-0.1	-0.84	-0.01	-
Total Common Equity	30.16	39.66	68.34	138.8	110.42	-107.82
Shareholders' Equity	30.16	39.66	68.34	138.8	110.42	15.88
Total Liabilities & Equity	93.9	89.18	153.8	223.06	302.72	32.69
Total Debt	32.69	15.92	45.57	22.85	19.51	8.73
Net Cash (Debt)	-20.85	-14.71	-14.46	57.35	203.58	6.79
Net Cash Growth	-	-	-	-71.83%	2899.04%	579.48%
Net Cash Per Share	-1.80	-17.36	-38.46	148.92	1821.08	228.01
Filing Date Shares Outstanding	20.91	14.07	0.5	0.37	0.35	19.64
Total Common Shares Outstanding	20.91	12.99	0.49	0.36	0.35	19.64
Working Capital	21.6	19.72	64.35	125.47	221.41	15.77
Book Value Per Share	1.44	3.05	138.84	388.50	316.36	-5.49
Tangible Book Value	30.16	39.66	68.34	138.8	110.42	-107.82
Tangible Book Value Per Share	1.44	3.05	138.84	388.50	316.36	-5.49
Machinery	13.45	13.74	10.83	9.78	3.77	1.02
Construction In Progress	0.09	-	-	-	6.27	-
Leasehold Improvements	13.4	13.31	14.41	16.27	2.77	1.83
Order Backlog	-	16	-	43	47	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.