Velo3D Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	91.14	39.01	1.21	24.49	31.98	207.6
Short-Term Investments	-	-	-	6.62	48.21	15.48
Cash & Short-Term Investments	91.14	39.01	1.21	31.12	80.2	223.09
Cash Growth	10572.60%	3118.89%	-96.10%	-61.20%	-64.05%	1337.68%
Receivables	20.52	10.03	4.22	17.09	14.59	13.05
Inventory	27.58	27.08	49.95	60.82	71.2	22.48
Prepaid Expenses	2.95	1.34	1.72	2.74	3.32	5.33
Other Current Assets	13.94	2.66	0.61	1.26	2.22	4.13
Total Current Assets	156.13	80.12	57.72	113.02	171.52	268.07
Property, Plant & Equipment	38.1	22.36	26.72	33.67	42.43	29.49
Long-Term Accounts Receivable	-	-	2.71	-	5.91	-
Other Long-Term Assets	5.92	2.87	2.03	7.11	3.21	5.16
Total Assets	200.15	105.35	89.18	153.8	223.06	302.72
Accounts Payable	5.24	10.3	18.54	15.85	12.21	9.88
Accrued Expenses	1.91	3.59	1.73	4.23	13.43	7.16
Current Portion of Long-Term Debt	-	3.21	5.67	21.19	2.78	5.11
Current Portion of Leases	3.3	5.2	1.78	2.27	2.45	2.26
Current Unearned Revenue	11.25	9.28	10.29	5.14	15.19	22.25
Other Current Liabilities	2.95	2.23	-	-	-	-
Total Current Liabilities	24.65	33.8	38	48.67	46.05	46.66
Long-Term Debt	-	18.34	-	11.94	5.42	2.96
Long-Term Leases	27.51	13.48	8.48	10.18	12.21	9.18
Other Long-Term Liabilities	1.45	1.57	3.04	14.67	20.59	133.5
Total Liabilities	53.61	67.19	49.52	85.46	84.27	192.3
Common Stock	0.01	0.01	0	0	0	0
Additional Paid-In Capital	663.19	536.29	466.44	425.47	361.53	340.29
Retained Earnings	-516.65	-498.14	-426.78	-357.04	-221.9	-229.87
Comprehensive Income & Other	-	-	-	-0.1	-0.84	-0.01
Total Common Equity	146.54	38.16	39.66	68.34	138.8	110.42
Shareholders' Equity	146.54	38.16	39.66	68.34	138.8	110.42
Total Liabilities & Equity	200.15	105.35	89.18	153.8	223.06	302.72
Total Debt	30.82	40.23	15.92	45.57	22.85	19.51
Net Cash (Debt)	60.33	-1.22	-14.71	-14.46	57.35	203.58
Net Cash Growth	-	-	-	-	-71.83%	2899.04%
Net Cash Per Share	2.59	-0.07	-17.36	-38.46	148.92	1821.08
Filing Date Shares Outstanding	32.15	26.22	14.07	0.5	0.37	0.35
Total Common Shares Outstanding	32.15	24.61	12.99	0.49	0.36	0.35
Working Capital	131.49	46.32	19.72	64.35	125.47	221.41
Book Value Per Share	4.56	1.55	3.05	138.84	388.50	316.36
Tangible Book Value	146.54	38.16	39.66	68.34	138.8	110.42
Tangible Book Value Per Share	4.56	1.55	3.05	138.84	388.50	316.36
Machinery	13.93	12	13.74	10.83	9.78	3.77
Construction In Progress	0.33	0	-	-	-	6.27
Leasehold Improvements	15.75	14.25	13.31	14.41	16.27	2.77
Order Backlog	-	31	16	-	43	47