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

Quarterly report [Sections 13 or 15(d)]

Debt (Tables)

Debt (Tables)

9 Months Ended

Sep. 30, 2025

Debt consisted of the following:


	September 30,		December 31,
	2025		2024
	(In thousands)
January Note	$	6,161	$	—
February Note 1st Tranche		5,844		—
February Note 2nd Tranche		5,696		—
Secured Notes		5,315		5,666
Total	$	23,016	$	5,666
Debt — current portion		5,314		5,666
Long-term debt – less current portion	$	17,702	$	—

Schedule of Future Minimum Aggregate Payments

The future minimum aggregate payments for the above borrowings are equal to the quarterly payments made using the Repayment Price, and are as follows as of September 30, 2025:


Year Ending December 31,	(In thousands)
Remainder of 2025	$	—
2026		5,493
2027		20,572
Total	$	26,065
Less: Amount of debt discount to be amortized subsequent to September 30, 2025		(180	)
Less: Amount of interest to be accrued subsequent to September 30, 2025		(2,869	)
Debt as of September 30, 2025	$	23,016

- 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