---
schema_version: "secwatch.filing_event.v1"
accession: "0001825079-24-000005"
form_type: "8-K"
ticker: "VELO"
cik: "0001825079"
company_name: "Velo3D, Inc."
filed_at: "2024-03-26T23:59:59+00:00"
generated_at: "2026-06-04T08:00:49.396144+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Velo3D Q4 revenue plunges to $1.8M from $23.8M QoQ; net loss widens to $58.2M; strategic review ongoing

## Summary
- Q4 revenue $1.8M, down 92% sequentially; FY2023 revenue $77.6M vs $80.8M prior year.
- GAAP net loss Q4 $58.2M ($0.28 diluted loss) vs Q3 loss $17.4M; FY2023 loss $135M vs $10M income in FY2022.
- Cash and investments fell to $31M from $72M QoQ; free cash flow improved 35% YoY.
- New orders $15M since mid-Dec 2023; >50% from existing customers; added 12 new customers including defense.
- Board in active discussions with multiple parties to maximize stockholder value; strategic review ongoing.

## SEC filing metadata
- accession: 0001825079-24-000005
- form_type: 8-K
- ticker: VELO
- cik: 0001825079
- company_name: Velo3D, Inc.
- filed_at: 2024-03-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825079/000182507924000005/0001825079-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825079/000182507924000005/vld-20240326.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001825079-24-000005
- JSON: https://secwatch.observer/filing/0001825079-24-000005.json
- Plain text: https://secwatch.observer/filing/0001825079-24-000005.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.