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

Quarterly report [Sections 13 or 15(d)]

Basic and Diluted Net Loss per Share (Tables)

Basic and Diluted Net Loss per Share (Tables)

9 Months Ended

Sep. 30, 2025

Computation of 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 September 30,						Nine Months Ended September 30,
	2025			2024			2025			2024
	(In thousands, except share and per share data)						(In thousands, except share and per share data)
Numerator:
Net loss	$	(11,825	)	$	(23,125	)	$	(50,992	)	$	(51,611	)
Denominator:
Basic weighted average shares outstanding		17,124,361			616,030			14,868,372			562,087
Diluted weighted average shares outstanding		17,124,361			616,030			14,868,372			562,087

Net loss per share
Basic	$	(0.69	)	$	(37.54	)	$	(3.43	)	$	(91.82	)
Diluted	$	(0.69	)	$	(37.54	)	$	(3.43	)	$	(91.82	)

Schedule of Potentially Dilutive Shares Excluded from Computation of Net Loss Per Share

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:


	For the Three and Nine Months Ended September 30,
	2025		2024

Common stock warrants		36,892		366,946
Common stock options		8,060		18,332
Restricted stock units		502,419		28,750
Total potentially dilutive common share equivalents		547,371		414,028