v3.25.3

Balance Sheet Components - Property and Equipment, Net (Details) - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	$ 26,945	$ 27,054
Less accumulated depreciation and amortization	(14,526)	(12,784)
Property, plant and equipment, net	12,419	14,270
Computers and software
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	2,210	2,525
Lab equipment and other equipment
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	11,080	11,011
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	157	206
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	13,404	13,312
Construction in progess
Property, Plant and Equipment [Line Items]
Total property, plant and equipment	$ 94	$ 0

Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.

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Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

+ References

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Velo3D, Inc. 10-Q