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

3 Months Ended

Mar. 31, 2025

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 March 31,
	2025			2024
	(In thousands, except share and per share data)
Numerator:
Net (loss)	$	(25,411	)	$	(28,314	)
Denominator:
Basic weighted average shares outstanding		200,971,566			7,436,976
Diluted weighted average shares outstanding		200,971,566			7,436,976

Net (loss) per share
Basic	$	(0.13	)	$	(3.81	)
Diluted	$	(0.13	)	$	(3.81	)

The following potentially dilutive shares of common stock equivalents “on an as-converted basis” were excluded from the computation of diluted net loss per share for the periods presented because including them would have had an antidilutive effect:


	Three Months Ended March 31,
	2025		2024

Common stock warrants		553,326		1,455,571
Common stock options		254,291		325,564
Restricted stock units		257,256		521,729
Total potentially dilutive common share equivalents		1,064,873		2,302,865

Total potentially dilutive common share equivalents for the three months ended March 31, 2025 and 2024 excludes 621,661 shares related to the earnout liability as these shares are contingently issuable upon meeting certain triggering events.