Velo3D Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	39.01	1.21	24.49	31.98	207.6
Short-Term Investments	-	-	6.62	48.21	15.48
Cash & Short-Term Investments	39.01	1.21	31.12	80.2	223.09
Cash Growth	3118.89%	-96.10%	-61.20%	-64.05%	1337.68%
Receivables	10.03	4.22	17.09	14.59	13.05
Inventory	27.08	49.95	60.82	71.2	22.48
Prepaid Expenses	1.34	1.72	2.74	3.32	5.33
Other Current Assets	2.66	0.61	1.26	2.22	4.13
Total Current Assets	80.12	57.72	113.02	171.52	268.07
Property, Plant & Equipment	22.36	26.72	33.67	42.43	29.49
Long-Term Accounts Receivable	-	2.71	-	5.91	-
Other Long-Term Assets	2.87	2.03	7.11	3.21	5.16
Total Assets	105.35	89.18	153.8	223.06	302.72
Accounts Payable	10.3	18.54	15.85	12.21	9.88
Accrued Expenses	3.59	1.73	4.23	13.43	7.16
Current Portion of Long-Term Debt	6.31	5.67	21.19	2.78	5.11
Current Portion of Leases	2.1	1.78	2.27	2.45	2.26
Current Unearned Revenue	9.28	10.29	5.14	15.19	22.25
Other Current Liabilities	2.23	-	-	-	-
Total Current Liabilities	33.8	38	48.67	46.05	46.66
Long-Term Debt	24.71	-	11.94	5.42	2.96
Long-Term Leases	7.12	8.48	10.18	12.21	9.18
Other Long-Term Liabilities	1.57	3.04	14.67	20.59	133.5
Total Liabilities	67.19	49.52	85.46	84.27	192.3
Common Stock	0.01	0	0	0	0
Additional Paid-In Capital	536.29	466.44	425.47	361.53	340.29
Retained Earnings	-498.14	-426.78	-357.04	-221.9	-229.87
Comprehensive Income & Other	-	-	-0.1	-0.84	-0.01
Total Common Equity	38.16	39.66	68.34	138.8	110.42
Shareholders' Equity	38.16	39.66	68.34	138.8	110.42
Total Liabilities & Equity	105.35	89.18	153.8	223.06	302.72
Total Debt	40.23	15.92	45.57	22.85	19.51
Net Cash (Debt)	-1.22	-14.71	-14.46	57.35	203.58
Net Cash Growth	-	-	-	-71.83%	2899.04%
Net Cash Per Share	-0.07	-17.36	-38.46	148.92	1821.08
Filing Date Shares Outstanding	26.22	14.07	0.5	0.37	0.35
Total Common Shares Outstanding	24.61	12.99	0.49	0.36	0.35
Working Capital	46.32	19.72	64.35	125.47	221.41
Book Value Per Share	1.55	3.05	138.84	388.50	316.36
Tangible Book Value	38.16	39.66	68.34	138.8	110.42
Tangible Book Value Per Share	1.55	3.05	138.84	388.50	316.36
Machinery	12	13.74	10.83	9.78	3.77
Construction In Progress	0	-	-	-	6.27
Leasehold Improvements	14.25	13.31	14.41	16.27	2.77
Order Backlog	-	-	-	43	47

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.