{"schema_version":"secwatch.filing_event.v1","accession":"0001825079-23-000027","form_type":"8-K","ticker":"VELO","cik":"0001825079","company_name":"Velo3D, Inc.","filed_at":"2023-08-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.506361+00:00","generated_at":"2026-06-11T18:57:20.880385+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":"Velo3D Q2 rev $25.1M (+28% YoY), net loss $23.2M; cuts FY23 guidance to $105-115M; $70M debt offering","bullets":["Q2 revenue $25.1M, up 28% YoY; GAAP net loss $23.2M ($0.12 loss per share) vs net income $128M in Q2 2022.","Non-GAAP net loss $19.3M ($0.10 loss per share); gross margin 11.9% vs 6.3% YoY.","Updated FY2023 revenue guidance to $105M-$115M (down from prior expectations due to order delays).","Ended Q2 with $47M cash; announced $70M senior secured convertible notes offering to strengthen liquidity.","Record new customer orders, with 90% of Q2 bookings from new customers; manufacturing cycle times improving for Sapphire XC."],"urls":{"canonical":"https://secwatch.observer/filing/0001825079-23-000027","json":"https://secwatch.observer/filing/0001825079-23-000027.json","markdown":"https://secwatch.observer/filing/0001825079-23-000027.md","text":"https://secwatch.observer/filing/0001825079-23-000027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1825079/000182507923000027/0001825079-23-000027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1825079/000182507923000027/vld-20230810.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T18:57:20.880385+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":"f4b8b60e8228ef9c5bb233fcf6d85ddacf45bece","claim":"Velo3D, Inc. reported the three and six months ended June 30, 2023 results: revenue $25.1. Guidance reaffirmed.","evidence_excerpt":"the critical, high value metal parts they need.” ($ in Millions, except percentages and per-share data) 2 nd Quarter 2023 1 st Quarter 2023 2 nd Quarter 2022 GAAP revenue $25.1 $26.8 $19.6 GAAP gross margin 11.9% 10.9% 6.3% GAAP net income (loss) 1 ($23.2) ($36.2) $128.0 GAAP net income (loss) per diluted share ($0.12) ($0.19) $0.63 Non-GAAP net loss 2","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1825079/000182507923000027/0001825079-23-000027-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three and six months ended June 30, 2023"},{"label":"Revenue","value":"$25.1"},{"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"}