Velo3D, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2021

Long-term debt consisted of the following:


	December 31,
	2021		2020
	(In thousands)
Term loan	$	—	$	5,150
Revolving credit line	3,000		—
Property and equipment loan	—		833
Equipment loan	5,089		2,081
Deferred financing costs	(19)		(61)
Total	$	8,070	$	8,003
Debt – current portion	5,114		3,687
Long-term debt – less current portion	$	2,956	$	4,316

Future Minimum Aggregate Payments

The future minimum aggregate payments for the above borrowings are as follows as of December 31, 2021:


	(In thousands)
2022	$	5,114
2023	2,133
2024	823
	$	8,070

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details