Velo3D, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2021

Long-term debt consisted of the following:


	September 30,		December 31,
	2021		2020
	(In thousands)
Term loan	$	20,000	$	5,150
Revolving credit line	3,000		—
Property and equipment loan	—		833
Equipment loan	5,622		2,081
Deferred financing costs	(569)		(61)
Total	$	28,053	$	8,003
Debt – current portion	13,731		3,687
Long-term debt – less current portion	$	14,322	$	4,316

Future Minimum Aggregate Payments

The future minimum aggregate payments for the above borrowings are as follows as of September 30, 2021:


	(In thousands)
Remainder of 2021	$	2,058
2022	14,706
2023	10,467
2024	822
	$	28,053

- 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