{"schema_version":"secwatch.filing_event.v1","accession":"0001825079-23-000041","form_type":"8-K","ticker":"VELO","cik":"0001825079","company_name":"Velo3D, Inc.","filed_at":"2023-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.770891+00:00","generated_at":"2026-06-08T21:26:06.152139+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Velo3D reports Q3 revenue $24M (+26% YoY), cuts FY2023 guidance to $91-103M, workforce >20%","bullets":["Q3 revenue $24.1M, up 26% YoY; GAAP net loss $17.1M ($0.09/diluted share), non-GAAP net loss $18.9M.","FY2023 revenue guidance lowered to $91-103M, citing order delays and realignment impact.","Completed >20% workforce reduction in Oct 2023; expects >15% quarterly opex savings from Q1 2024.","Cash and investments $72M at quarter end, up from $47M Q2; free cash flow improved 30% sequentially.","Strategic realignment pivots from top-line growth to free cash flow, targeting profitability in FY2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001825079-23-000041","json":"https://secwatch.observer/filing/0001825079-23-000041.json","markdown":"https://secwatch.observer/filing/0001825079-23-000041.md","text":"https://secwatch.observer/filing/0001825079-23-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1825079/000182507923000041/0001825079-23-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1825079/000182507923000041/vld-20231106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T21:26:06.152139+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":"717aafbf2ac92fd827be81733f94a6d4882c58b6","claim":"Velo3D, Inc. updated its three and nine months ended September 30, 2023 guidance (reaffirmed).","evidence_excerpt":"On November 6, 2023, Velo3D, Inc. (“Velo3D, Inc” or the “Company”) issued a press release announcing its financial results for the three and nine months ended September 30, 2023 (the \"Press Release\").","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1825079/000182507923000041/0001825079-23-000041-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and nine months ended September 30, 2023"},{"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"}