Description of Business and Basis of Presentation - Narrative (Details) |
1 Months Ended | 6 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Jul. 08, 2024
USD ($)
|
Jul. 05, 2024
USD ($)
|
Jun. 10, 2024
$ / shares
|
Jun. 28, 2024
USD ($)
|
Jun. 30, 2024
USD ($)
$ / shares
|
Aug. 02, 2024
USD ($)
|
Mar. 31, 2024
USD ($)
|
Dec. 31, 2023
USD ($)
$ / shares
|
Jun. 30, 2023
USD ($)
|
Mar. 31, 2023
USD ($)
|
Dec. 31, 2022
USD ($)
|
|
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | |||||||||||
Accumulated deficit | $ 385,523,000 | $ 357,037,000 | |||||||||
Cash and short-term investments | 3,200,000 | ||||||||||
Accounts payable | 14,008,000 | 15,854,000 | |||||||||
Accounts receivable, net | $ 8,338,000 | $ 9,583,000 | |||||||||
Common stock, par value (in dollars per share) | $ / shares | $ 0.00001 | $ 0.00001 | $ 0.00001 | ||||||||
Reverse Stock Split | 1-for-5 and 1-for-50, with the exact ratio to be set within that range by the Company’s board of directors (the “Board”). On June 10, 2024, the Board approved the reverse stock split at a ratio of 1-for-35 (the “Reverse Stock Split”). On June 12, 2024, the Company filed a Certificate of Amendment (the “Certificate of Amendment”) to the Company's Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the Reverse Stock Split, effective as of June 13, 2024.As a result of the Reverse Stock Split, every 35 shares of the Company's common stock were automatically reclassified and converted into one issued and outstanding share of common stock. | ||||||||||
Reverse stock split ratio | 0.0285 | ||||||||||
Minimum closing bid price of consecutive trading days | $ 1 | ||||||||||
Stockholders' equity | $ 52,119,000 | $ 45,450,000 | $ 68,340,000 | $ 108,417,000 | $ 119,762,000 | $ 138,795,000 | |||||
Subsequent Event | |||||||||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | |||||||||||
Cash and short-term investments | $ 1,100,000 | ||||||||||
Accounts payable | 17,500,000 | ||||||||||
Accounts receivable, net | $ 8,700,000 | ||||||||||
Stockholders' equity | $ 50,000,000 | ||||||||||
Average market capitalization | $ 50,000,000 | $ 36,600,000 | |||||||||
Number of consecutive trading days | 30 days | 30 days | |||||||||
Velo3D | |||||||||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | |||||||||||
Exchange ratio | 0.8149% |
X | ||||||||||
- Definition Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business, classified as current. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Cash includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the customer may deposit additional funds at any time and effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid Investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Short-term investments, exclusive of cash equivalents, generally consist of marketable securities intended to be sold within one year (or the normal operating cycle if longer) and may include trading securities, available-for-sale securities, or held-to-maturity securities (if maturing within one year), as applicable. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Face amount or stated value per share of common stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of accumulated undistributed earnings (deficit). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Description of the reverse stock split arrangement. Also provide the retroactive effect given by the reverse split that occurs after the balance sheet date but before the release of financial statements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Average market capitalization amount. No definition available.
|
X | ||||||||||
- Definition Exchange ratio. No definition available.
|
X | ||||||||||
- Definition Minimum closing bid price of consecutive trading days. No definition available.
|
X | ||||||||||
- Definition Number of consecutive trading days. No definition available.
|
X | ||||||||||
- Definition Reverse stock split ratio. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|