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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Long-Term Debt - Term Loan (Details)

v3.21.2

Long-Term Debt - Term Loan (Details) - USD ($)			1 Months Ended		3 Months Ended		9 Months Ended		12 Months Ended
Long-Term Debt - Term Loan (Details) - USD ($)	Oct. 29, 2021	Dec. 17, 2020	Jul. 31, 2021	May 31, 2021	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	May 17, 2021	Apr. 30, 2021
Debt Instrument [Line Items]
Principal amount				$ 53,500,000
Repayments of debt							$ 4,997,000
Subsequent Event \| Term loan
Debt Instrument [Line Items]
Repayments of debt	$ 20,700,000
Term loan
Debt Instrument [Line Items]
Debt term		2 years		30 months
Outstanding debt					$ 20,000,000		20,000,000		$ 5,150,000
Principal payments					0		0		0		$ 900,000
Principal amount				$ 35,000,000	$ 15,000,000		$ 15,000,000
Variable rate (as a percent)					9.00%		9.00%
Deferral of principal payments, period				5 months
Repayments of debt				$ 4,300,000
Borrowings			$ 5,000,000	15,000,000
Deferred financing costs					$ 600,000		$ 600,000			$ 600,000
Effective interest rate during period (as a percent)					9.20%	3.60%	4.30%	3.90%
Term loan \| Interest Expense
Debt Instrument [Line Items]
Deferred loan fees written off to interest expense				100,000
Term loan \| Prime
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)		0.25%					5.75%
Line of credit
Debt Instrument [Line Items]
Outstanding debt					$ 3,000,000		$ 3,000,000		$ 0
Line of credit \| Revolving Credit Facility
Debt Instrument [Line Items]
Debt term			10 months
Outstanding debt					7,000,000		7,000,000
Principal amount					$ 10,000,000		$ 10,000,000
Variable rate (as a percent)					5.75%		5.75%
Deferred financing costs					$ 100,000		$ 100,000
Line of credit \| Prime \| Revolving Credit Facility
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)							2.50%
Equipment loan
Debt Instrument [Line Items]
Debt term									3 years
Outstanding debt					$ 5,622,000		$ 5,622,000		$ 2,081,000
Principal payments				0
Principal amount				$ 8,500,000					$ 8,500,000
Effective interest rate during period (as a percent)					2.80%		2.40%

- Definition

Amount of the total principal payments made during the annual reporting period.

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