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

6 Months Ended

Jun. 30, 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 June 30,						Six Months Ended June 30,
	2026			2025			2026			2025
	(In thousands, except share and per share data)						(In thousands, except share and per share data)
Numerator:
Net loss	$	(11,510	)	$	(13,263	)	$	(18,508	)	$	(38,277	)
Denominator:
Weighted average shares outstanding — basic and diluted		29,448,322			14,041,712			27,246,923			13,721,680

Net loss per share — basic and diluted	$	(0.39	)	$	(0.94	)	$	(0.68	)	$	(2.79	)

The following potentially dilutive common stock equivalents were excluded from the computation of diluted net loss per share for the periods presented because their inclusion would have been antidilutive:


	For the Three and Six Months Ended June 30,
	2026		2025

Common stock warrants		36,892		36,892
Common stock options		14,859		9,971
Restricted stock units		1,126,099		303,577
Total potentially dilutive common stock equivalents		1,177,850		350,440

Total potentially dilutive common stock equivalents for the three and six months ended June 30, 2026 and 2025 excludes 41,444 shares related to the earnout liability as these shares are contingently issuable upon meeting certain triggering events.