Velo3D, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Debt (Tables)

Debt (Tables)

3 Months Ended

Mar. 31, 2025

Debt consisted of the following:


	March 31,		December 31,
	2025		2024
	(In thousands)
January Note	$	5,692	$	—
February Note 1st Tranche		5,204		—
February Note 2nd Tranche		5,046		—
Secured Notes		5,716		5,666
Total	$	21,658	$	5,666
Debt – current portion		16,152		5,666
Long-term debt – less current portion	$	5,506	$	—

Future Minimum Aggregate Payments

The future minimum aggregate payments for the above borrowings are equal to the quarterly payments made using the Repayment Price, are as follows as of March 31, 2025:


	(In thousands)
Remainder of 2025	$	17,250
2026		5,993
Total	$	23,243
Less: Amount of debt discount to be amortized subsequent to March 31, 2025		(277	)
Less: Amount of interest to be accrued subsequent to March 31, 2025		(1,308	)
Debt as of March 31, 2025	$	21,658

- 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