Velo3D, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Basic and Diluted Net Loss per Share

Basic and Diluted Net Loss per Share

3 Months Ended

Mar. 31, 2026

Note 3. Basic and Diluted Net Loss per Share

The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common stockholders:


	Three Months Ended March 31,
	2026			2025
	(In thousands, except share and per share data)
Numerator:
Net loss	$	(6,998	)	$	(25,014	)
Denominator:
Weighted average shares outstanding — basic and diluted		25,021,065			13,398,104

Net loss per share — basic and diluted	$	(0.28	)	$	(1.87	)

The following potentially dilutive shares of common stock equivalents “on an as-converted basis” were excluded from the computation of diluted net loss per share for the periods presented because including them would have had an antidilutive effect:


	For the Three Months Ended March 31,
	2026		2025

Common stock warrants		36,892		36,888
Common stock options		4,216		16,953
Restricted stock units		1,026,090		17,150
Total potentially dilutive common stock equivalents		1,067,198		70,991

Total potentially dilutive common stock equivalents for the three months ended March 31, 2026 and 2025 excludes 41,444 shares related to the earnout liability as these shares are contingently issuable upon meeting certain triggering events.