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, 2023

Debt consisted of the following:


	December 31,
	2023		2022
	(In thousands)
Revolving credit line	$	—	$	3,000
Equipment loan	—		5,356
Secured notes	33,516		—
Deferred financing costs	(384)		(159)
Total	$	33,132	$	8,197
Debt – current portion	21,191		2,775
Long-term debt – less current portion	$	11,941	$	5,422

Future Minimum Aggregate Payments

The future minimum aggregate payments for the above borrowings are equal to the quarterly payments made using the Repayment Price, beginning are as follows as of December 31, 2023:


	(In thousands)
2024	$	31,500
2025	12,500
	$	44,000

- 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