{"schema_version":"secwatch.filing_event.v1","accession":"0001825079-23-000018","form_type":"8-K","ticker":"VELO","cik":"0001825079","company_name":"Velo3D, Inc.","filed_at":"2023-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.912592+00:00","generated_at":"2026-06-16T05:16:43.645286+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Velo3D reports Q1 revenue $27M (+120% YoY); gross margin expands to 11% from 6%","bullets":["GAAP revenue $26.8M (+120% YoY); GAAP gross margin 10.9% vs 5.9% in Q4 2022.","Bookings $20M (+30% sequentially); backlog $24M; 75% of Q2 revenue already booked/recurring.","GAAP net loss $36.2M ($0.19 loss per share); non-GAAP net loss $17.8M ($0.09 per share).","Cash and investments $64M; net cash flow improved from ($33)M to ($16)M.","Reaffirmed 2023 guidance of >50% revenue growth; targeting 20% YoY reduction in Q4 non-GAAP opex."],"urls":{"canonical":"https://secwatch.observer/filing/0001825079-23-000018","json":"https://secwatch.observer/filing/0001825079-23-000018.json","markdown":"https://secwatch.observer/filing/0001825079-23-000018.md","text":"https://secwatch.observer/filing/0001825079-23-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1825079/000182507923000018/0001825079-23-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1825079/000182507923000018/vld-20230501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T05:16:43.645286+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":[{"claim_id":"8fade75ec0af4f2e96a5cc60186298948f7bc989","claim":"Velo3D, Inc. reported fiscal first quarter ended March 31, 2023 results: revenue $26.8, net income ($36.2), EPS ($0.19). Guidance reaffirmed.","evidence_excerpt":"($ in Millions, except percentages and per-share data) 1 st Quarter 2023 4 th Quarter 2022 1 st Quarter 2022 GAAP revenue $26.8 $29.8 $12.2 GAAP gross margin 10.9% 5.9% 0.1% GAAP net income (loss) 1 ($36.2) $22.6 ($65.3) GAAP net income (loss) per diluted share ($0.19) $0.11 ($0.36)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1825079/000182507923000018/0001825079-23-000018-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal first quarter ended March 31, 2023"},{"label":"Revenue","value":"$26.8"},{"label":"Net income","value":"($36.2)"},{"label":"EPS","value":"($0.19)"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}