Velo3D, Inc. Quarterly report pursuant to Section 13 or 15(d)

Revenue (Tables)

9 Months Ended

Sep. 30, 2024

The customer concentration for balances greater than 10% of revenues and 10% of accounts receivables, net, respectively, are presented below:


	Total Revenue				Accounts Receivable, Net
	Three Months Ended September 30,		Nine Months Ended September 30,		September 30,	December 31,
	2024	2023	2024	2023	2024	2023
	(as a percentage)
Customer 1	50.7%	<10%	21.0%	<10%	<10%	<10%
Customer 2	27.5%	<10%	14.4%	<10%	<10%	—%
Customer 3	<10%	—%	16.4%	—%	<10%	—%
Customer 4	<10%	<10%	14.4%	<10%	14.3%	<10%
Customer 5	<10%	22.8%	<10%	<10%	<10%	—%
Customer 6	<10%	14.2%	<10%	<10%	<10%	—%
Customer 7	—%	14.1%	<10%	<10%	<10%	11.2%
Customer 8	—%	13.3%	—%	<10%	—%	—%
Customer 9	—%	12.4%	—%	<10%	<10%	—%
Customer 10	<10%	—%	<10%	—%	22.2%	—%

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


	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
	(In thousands)
Americas	$	8,031	$	22,766	$	27,507	$	65,852
Europe		205		329		706		8,927
Other		11		72		164		209
Total	$	8,247	$	23,167	$	28,377	$	74,988