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

Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2023

Long-term debt consisted of the following:


	September 30,		December 31,
	2023		2022
	(In thousands)
Revolving credit line	$	—	$	3,000
Equipment loan	—		5,356
Convertible notes	56,110		—
Deferred financing costs	(3,899)		(159)
Total	$	52,211	$	8,197
Debt – current portion	52,211		2,775
Long-term debt – less current portion	$	—	$	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 September 30, 2023:


	(In thousands)
2023	$	—
2024	40,250
2025	40,250
	$	80,500

- 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