{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-096998","form_type":"8-K","ticker":"VELO","cik":"0001825079","company_name":"Velo3D, Inc.","filed_at":"2024-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.729404+00:00","generated_at":"2026-05-31T09:24:14.250383+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Q2 revenue fell 59% to $10.3M; GAAP gross margin -28%; cuts 30% of staff","bullets":["Q2 GAAP revenue $10.3M down 59% YoY from $25.1M; GAAP gross margin negative 28%.","GAAP net loss of $0.2M ($0.02 per share) improved from $23.2M loss; non-GAAP net loss $21.7M.","Announced ~30% headcount reduction and additional cost programs; operating expenses down 37% YoY.","Year-to-date bookings $21M; backlog $17M; >40% of orders from existing customers; defense >20% of shipments.","Strategic review ongoing; expects challenging industry conditions into H2 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-096998","json":"https://secwatch.observer/filing/0000950170-24-096998.json","markdown":"https://secwatch.observer/filing/0000950170-24-096998.md","text":"https://secwatch.observer/filing/0000950170-24-096998.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1825079/000095017024096998/0000950170-24-096998-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1825079/000095017024096998/vld-20240814.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:24:14.250383+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}