$VELO Income Statement | Understand Stock

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$VELO

$18.98 -$0.63 (3.21%)

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Income Statement Balance Sheet Cashflow Statement

Income Statement

Concept	2025	2024	2023	2022	2021
Revenue	$45.97M 12.12% YoY	$41.00M -47.05% YoY	$77.44M -4.1% YoY	$80.76M 194.31% YoY	$27.44M 44.61% YoY
Cost Of Revenue	$53.38M 23.88% YoY	$43.09M -58.45% YoY	$103.7M 33.2% YoY	$77.86M 246.35% YoY	$22.48M 78.31% YoY
Gross Profit	-$7.404M 255.11% YoY	-$2.085M -92.06% YoY	-$26.27M -1007.64% YoY	$2.894M -41.63% YoY	$4.958M -22.13% YoY
Selling, General & Admin	$36.86M -41.63% YoY	$63.15M -2.77% YoY	$64.96M 6.68% YoY	$60.89M 70.49% YoY	$35.72M 166.81% YoY
Research & Development	$10.65M -37.73% YoY	$17.11M -59.3% YoY	$42.03M -9.15% YoY	$46.27M 71.34% YoY	$27.00M 90.32% YoY
Depreciation & Amortization	$3.379M -31.21% YoY	$4.912M -47.24% YoY	$9.310M 75.99% YoY	$5.290M 143.78% YoY	$2.170M 75.0% YoY
Operating Expenses	$47.52M -40.8% YoY	$80.26M -24.98% YoY	$107.0M -0.16% YoY	$107.2M 70.85% YoY	$62.72M 127.45% YoY
Operating Profit	-$54.92M -33.31% YoY	-$82.35M -38.2% YoY	-$133.3M 27.81% YoY	-$104.3M 80.51% YoY	-$57.76M 172.36% YoY
Interest Expense	-$4.364M -127.33% YoY	$15.97M 1350.32% YoY	$1.101M -94.13% YoY	$18.76M 584.56% YoY	$2.740M 328.79% YoY
Other Income/Expense, Net	$526.0K -114.46% YoY	-$3.637M -122.09% YoY	$16.46M -82.76% YoY	$95.52M -108650.0% YoY	-$88.00K -351.43% YoY
Pretax Income	-$71.25M -2.83% YoY	-$73.32M -45.75% YoY	-$135.1M -1448.69% YoY	$10.02M -109.36% YoY	-$107.1M 391.09% YoY
Income Tax	$117.0K -685.0% YoY	-$20.00K N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A
Net Earnings	-$71.36M -2.64% YoY	-$73.30M -45.76% YoY	-$135.1M -1448.69% YoY	$10.02M -109.36% YoY	-$107.1M 391.09% YoY
Basic Earnings Per Share	-$4.33 -24.96% YoY	-$5.77 748.53% YoY	-$0.68 -1460.0% YoY	$0.05 -102.75% YoY	-$1.82 225.0% YoY
Diluted Earnings Per Share	-$4.33 -24.96% YoY	-$5.77 742.66% YoY	-$0.68 -1487.8% YoY	$0.05 -102.71% YoY	-$1.82 225.0% YoY
COMMON SHARES	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	16.49M 29.73% YoY	12.71M -93.56% YoY	197.4M shares 6.63% YoY	185.1M shares 215.36% YoY	58.69M shares 275.51% YoY
Diluted Shares Outstanding	16.49M 29.73% YoY	12.71M -93.56% YoY	197.4M shares -2.38% YoY	202.2M shares 244.49% YoY	58.69M shares 275.51% YoY

Concept	2026 Q1	2025 Q4	2025 Q3	2025 Q2	2025 Q1	2024 Q4	2024 Q3	2024 Q2	2024 Q1	2023 Q4	2023 Q3	2023 Q2	2023 Q1	2022 Q4	2022 Q3	2022 Q2	2022 Q1	2021 Q4	2021 Q3
Revenue	$13.82M 48.24% YoY	$9.441M -25.23% YoY	$13.64M 65.39% YoY	$13.57M 31.21% YoY	$9.320M -4.76% YoY	$12.63M 648.43% YoY	$8.247M -65.36% YoY	$10.34M -58.84% YoY	$9.786M -63.5% YoY	$1.687M -94.34% YoY	$23.81M 24.55% YoY	$25.13M 27.95% YoY	$26.81M 119.46% YoY	$29.78M 186.07% YoY	$19.12M 119.44% YoY	$19.64M 174.9% YoY	$12.22M 942.49% YoY	$10.41M 54.41% YoY	$8.711M 283.24% YoY
Cost Of Revenue	$11.44M 32.61% YoY	$16.39M 25.38% YoY	$13.21M 216.26% YoY	$15.16M 14.49% YoY	$8.623M -31.57% YoY	$13.07M -63.02% YoY	$4.176M -81.29% YoY	$13.24M -40.23% YoY	$12.60M -47.25% YoY	$35.35M 26.19% YoY	$22.32M 16.03% YoY	$22.15M 20.32% YoY	$23.89M 95.76% YoY	$28.01M 221.24% YoY	$19.24M 165.8% YoY	$18.41M 271.06% YoY	$12.20M 681.24% YoY	$8.720M 99.63% YoY	$7.237M 305.43% YoY
Gross Profit	$2.381M 241.61% YoY	-$6.946M 1464.41% YoY	$433.0K -89.36% YoY	-$1.588M -45.18% YoY	$697.0K -124.76% YoY	-$444.0K -98.68% YoY	$4.071M 173.59% YoY	-$2.897M -197.21% YoY	-$2.815M -196.24% YoY	-$33.66M -2003.85% YoY	$1.488M -1329.75% YoY	$2.980M 141.88% YoY	$2.925M 19400.0% YoY	$1.768M 4.62% YoY	-$121.0K -108.21% YoY	$1.232M -43.59% YoY	$15.00K -103.85% YoY	$1.690M -28.81% YoY	$1.474M 202.05% YoY
Selling, General & Admin	$6.633M -41.85% YoY	$11.58M -36.05% YoY	$8.021M -56.36% YoY	$7.656M -41.46% YoY	$11.41M -16.08% YoY	$18.11M 18.09% YoY	$18.38M 8.81% YoY	$13.08M -19.43% YoY	$13.59M -17.63% YoY	$15.33M -3.16% YoY	$16.89M 10.58% YoY	$16.23M 11.88% YoY	$16.50M 8.04% YoY	$15.83M 23.25% YoY	$15.27M 79.61% YoY	$14.51M 92.03% YoY	$15.27M 124.31% YoY	$12.85M 340.57% YoY	$8.504M 145.28% YoY
Research & Development	$2.695M 122.36% YoY	$3.283M 6.52% YoY	$3.042M -31.46% YoY	$2.845M -37.4% YoY	$1.212M -75.97% YoY	$3.082M -66.54% YoY	$4.438M -54.8% YoY	$4.545M -63.51% YoY	$5.043M -52.19% YoY	$9.211M 17.67% YoY	$9.819M -21.81% YoY	$12.45M -3.94% YoY	$10.55M -18.34% YoY	$7.828M -1.17% YoY	$12.56M 57.23% YoY	$12.97M 102.61% YoY	$12.92M 175.08% YoY	$7.921M 142.23% YoY	$7.987M 97.55% YoY
Depreciation & Amortization	$762.0K -19.11% YoY	$1.026M 5.99% YoY	$700.0K -36.36% YoY	$800.0K -27.27% YoY	$942.0K -79.37% YoY	$968.0K -79.81% YoY	$1.100M -26.67% YoY	$1.100M -8.33% YoY	$4.567M 192.76% YoY	$4.794M 144.34% YoY	$1.500M 66.67% YoY	$1.200M 71.43% YoY	$1.560M 53.09% YoY	$1.962M 119.46% YoY	$900.0K 125.0% YoY	$700.0K 250.0% YoY	$1.019M 180.72% YoY	$894.0K 129.82% YoY	$400.0K 0.0% YoY
Operating Expenses	$9.328M -26.07% YoY	$14.86M -29.86% YoY	$11.06M -51.51% YoY	$10.50M -40.41% YoY	$12.62M -32.29% YoY	$21.19M -13.67% YoY	$22.82M -14.58% YoY	$17.62M -38.57% YoY	$18.64M -31.1% YoY	$24.54M 3.73% YoY	$26.71M -4.03% YoY	$28.69M 4.42% YoY	$27.05M -4.04% YoY	$23.66M 13.93% YoY	$27.83M 68.77% YoY	$27.47M 96.88% YoY	$28.19M 145.03% YoY	$20.77M 235.67% YoY	$16.49M 119.59% YoY
Operating Profit	-$6.947M -41.72% YoY	-$21.81M 0.81% YoY	-$10.63M -43.29% YoY	-$12.09M -41.09% YoY	-$11.92M -44.42% YoY	-$21.63M -62.83% YoY	-$18.75M -25.68% YoY	-$20.52M -20.17% YoY	-$21.45M -11.08% YoY	-$58.20M 165.84% YoY	-$25.22M -9.77% YoY	-$25.71M -2.04% YoY	-$24.12M -14.38% YoY	-$21.89M 14.76% YoY	-$27.95M 86.14% YoY	-$26.24M 122.95% YoY	-$28.17M 136.87% YoY	-$19.08M 400.34% YoY	-$15.02M 113.86% YoY
Interest Expense	-$733.0K -168.5% YoY	-$524.0K -112.07% YoY	-$1.198M -110.94% YoY	-$1.572M -128.78% YoY	$1.070M -72.54% YoY	$4.341M -33.81% YoY	$10.95M 889.07% YoY	$5.463M 1488.08% YoY	$3.897M -240.53% YoY	$6.558M -18.84% YoY	$1.107M 758.14% YoY	$344.0K 273.91% YoY	-$2.773M -2066.67% YoY	$8.080M -401.61% YoY	$129.0K -86.92% YoY	$92.00K -82.44% YoY	$141.0K 17.5% YoY	-$2.679M 503.38% YoY	$986.0K 1954.17% YoY
Other Income/Expense, Net	$708.0K -6536.36% YoY	$468.0K 110.81% YoY	-$11.00K -99.55% YoY	-$6.000K -99.55% YoY	-$11.00K -111.7% YoY	$222.0K -98.22% YoY	-$2.443M -660.32% YoY	-$1.327M -845.51% YoY	$94.00K -101.01% YoY	$12.50M -65.68% YoY	$436.0K 13.54% YoY	$178.0K -54.48% YoY	-$9.302M -4347.49% YoY	$36.42M 396.94% YoY	$384.0K -420.0% YoY	$391.0K -25.98% YoY	$219.0K -1195.0% YoY	$7.329M 17775.61% YoY	-$120.0K 242.86% YoY
Pretax Income	-$6.972M -72.55% YoY	-$21.86M -0.5% YoY	-$11.84M -48.21% YoY	-$13.67M 7665.34% YoY	-$25.40M -10.27% YoY	-$21.97M -62.34% YoY	-$22.86M 31.4% YoY	-$176.0K -99.24% YoY	-$28.31M -21.79% YoY	-$58.34M -358.08% YoY	-$17.40M -76.87% YoY	-$23.20M -118.13% YoY	-$36.20M -44.6% YoY	$22.61M -256.69% YoY	-$75.20M 12.94% YoY	$128.0M -1120.5% YoY	-$65.34M 382.29% YoY	-$14.43M 242.22% YoY	-$66.58M 836.79% YoY
Income Tax	$26.00K 225.0% YoY	$34.00K -270.0% YoY	-$14.00K N/A	$89.00K -2325.0% YoY	$8.000K 100.0% YoY	-$20.00K N/A	$0.00 N/A	-$4.000K N/A	$4.000K N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A	$0.00 N/A
Net Earnings	-$6.998M -72.46% YoY	-$21.90M -0.26% YoY	-$11.83M -48.27% YoY	-$13.76M 7897.67% YoY	-$25.41M -10.25% YoY	-$21.95M -62.37% YoY	-$22.86M 31.4% YoY	-$172.0K -99.26% YoY	-$28.31M -21.78% YoY	-$58.34M -358.08% YoY	-$17.40M -76.87% YoY	-$23.20M -118.13% YoY	-$36.20M -44.6% YoY	$22.61M -256.69% YoY	-$75.20M 12.94% YoY	$128.0M -1120.5% YoY	-$65.34M 382.29% YoY	-$14.43M 242.22% YoY	-$66.58M 836.79% YoY
Basic Earnings Per Share	-$0.28 115.38% YoY	N/A	-$0.69 -72.06% YoY	-$0.98 4800.0% YoY	-$0.13 18.18% YoY	N/A	-$2.47 2644.44% YoY	-$0.02 -83.33% YoY	-$0.11 -42.11% YoY	N/A	-$0.09 -78.05% YoY	-$0.12 -117.39% YoY	-$0.19 -47.22% YoY	N/A	-$0.41 -87.8% YoY	$0.69 -188.46% YoY	-$0.36 -57.65% YoY	N/A	-$3.36 663.64% YoY
Diluted Earnings Per Share	-$0.28 115.38% YoY	-$1.03 19.78% YoY	-$0.69 -72.06% YoY	-$0.98 4800.0% YoY	-$0.13 18.18% YoY	-$0.86 206.76% YoY	-$2.47 2644.44% YoY	-$0.02 -83.33% YoY	-$0.11 -42.38% YoY	-$0.28 -351.52% YoY	-$0.09 -78.05% YoY	-$0.12 -119.05% YoY	-$0.19 -46.97% YoY	$0.11 -100.0% YoY	-$0.41 -87.8% YoY	$0.63 -180.77% YoY	-$0.36 -57.65% YoY	-$245.8K 968.05% YoY	-$3.36 663.64% YoY
COMMON SHARES	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	26.22M -86.55% YoY	20.91M N/A	14.07M shares 63.15% YoY	210.2M -29.02% YoY	194.9M -25.53% YoY	N/A	8.622M -95.62% YoY	296.2M shares 53.86% YoY	261.7M shares 36.03% YoY	200.8M shares 7.71% YoY	196.7M shares 6.37% YoY	192.5M shares 4.46% YoY	192.4M shares 4.85% YoY	186.4M shares 1.78% YoY	185.0M shares 834.45% YoY	184.3M shares 1041.05% YoY	183.5M shares 1045.46% YoY	183.2M shares N/A	19.79M shares 23.76% YoY
Diluted Shares Outstanding	25.02M -87.55% YoY	N/A	17.12M 85.32% YoY	14.04M shares 65.68% YoY	201.0M -22.79% YoY	N/A	9.240M -95.33% YoY	8.475M -95.63% YoY	260.3M shares 37.28% YoY	N/A	197.8M shares 6.61% YoY	193.9M shares -4.16% YoY	189.6M shares 3.33% YoY	N/A	185.6M shares 837.46% YoY	202.3M shares 1152.78% YoY	183.5M shares 1045.46% YoY	N/A	19.79M shares 23.76% YoY

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