Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue46¢$67.8M
- Research and development53¢$77.9M
- Interest0¢$80.0K
- Income tax0¢$645.0K
Out of $61.9M in revenue.3 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Revenue | $142.9M4 | $101.4M3 | $95.4M3 | $61.9M3 | |
| Cost of revenue | $112.1M4 | $71.6M3 | $70.2M3 | $67.8M3 | |
| Gross profit | $30.9M4 | $29.8M3 | $25.1M3 | -$5.9M3 | |
| Research and development | $52.0M4 | $56.9M3 | $88.1M3 | $77.9M3 | |
| Operating expenses | $216.2M3 | ||||
| Operating income | -$56.2M4 | -$69.0M3 | -$153.9M3 | -$222.1M3 | |
| Interest | $14.0K4 | $77.0K3 | $106.0K3 | $80.0K3 | |
| Income before tax | -$211.6M3 | ||||
| Income tax | $6.6M4 | -$683.0K3 | -$4.1M3 | $645.0K3 | |
| Net income | -$62.3M4 | -$67.2M3 | -$149.9M3 | -$212.2M3 | |
| Earnings per share | -$0.503 | -$1.013 | -$1.093 | ||
| Earnings per share (diluted) | -$0.503 | -$1.013 | -$1.093 | ||
| Shares (weighted, basic) | 194.0M shares3 | ||||
| Shares (weighted, diluted) | 194.0M shares3 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Cash | $29.8M4 | $1.4M8 | $60.0M4 | $204.6M3 | $24.1M3 |
| Receivables | $8.9M3 | ||||
| Inventory | $9.3M3 | ||||
| Current assets | $1.5M7 | $102.0M4 | $404.7M3 | $327.4M3 | |
| Property, plant and equipment | $14.7M3 | ||||
| Goodwill | $1.2M3 | ||||
| Intangible assets | $724.0K3 | ||||
| Total assets | $246.4M7 | $136.2M4 | $432.7M3 | $375.4M3 | |
| Accounts payable | $5.1M3 | ||||
| Current liabilities | $15.7M7 | $56.3M4 | $65.4M3 | $47.1M3 | |
| Long-term debt | $04 | $10.0M3 | $03 | ||
| Total liabilities | $15.7M8 | $59.9M4 | $91.9M3 | $76.2M3 | |
| Retained earnings | -$526.3M3 | ||||
| Shareholders’ equity | $111.5M4 | $93.6M3 | $76.2M3 | $340.8M3 | $299.3M3 |
| Shares outstanding | 7.9M shares7 | 137.9M shares4 | 175.9M shares3 | 197.3M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Cash from operations | -$30.5M4 | -$43.2M3 | -$68.4M3 | -$120.7M3 | |
| Depreciation and amortization | $8.5M3 | ||||
| Stock-based compensation | $87.1M3 | ||||
| Capital spending | $6.9M4 | $5.2M4 | $3.3M4 | ||
| Free cash flow | -$37.4M | -$48.5M | -$71.7M | ||
| Cash from investing | -$132.7M3 | ||||
| Share buybacks | $2.5M4 | $03 | $1.8M3 | $03 | |
| Cash from financing | $72.8M3 |
Corporate structure
Velodyne Lidar, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Velodyne Lidar, Inc.
- David S. Hall Filed SC 13D/A on Velodyne Lidar, Inc., latest Apr 25, 2022 (5 filings since Oct 25, 2021)
- Velodyne Lidar, Inc. San Jose, California
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Velodyne Lidar, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $48.1M3 Dec 31, 2021 | $42.4M3 Dec 31, 2020 | +13.4% |
| Accumulated depreciation | $33.4M3 Dec 31, 2021 | $25.6M3 Dec 31, 2020 | +30.3% |
| Property and equipment, net | $14.7M3 Dec 31, 2021 | $16.8M3 Dec 31, 2020 | −12.5% |
| Finance-lease assets | $329.0K3 Dec 31, 2021 | ||
| Operating-lease assets (leased space) | $16.9M3 Dec 31, 2021 |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $24.1M3 Dec 31, 2021 | $204.6M3 Dec 31, 2020 | −88.2% |
| Marketable securities, current | $270.4M3 Dec 31, 2021 | $145.6M3 Dec 31, 2020 | +85.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $1.2M3 Dec 31, 2021 | $1.2M3 Dec 31, 2020 | 0% |
| Intangible assets, net (excluding goodwill) | $724.0K3 Dec 31, 2021 | $627.0K3 Dec 31, 2020 | +15.5% |
Inventory
Leadership
Who has led Velodyne Lidar, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerTed Tewksbury Nov 12, 2021 to Feb 13, 20239
- Chief executive officerAnand Gopalan Oct 2, 2020 to Jul 19, 202110
- Chief executive officerJames A. Graf Jan 9, 2019 to Apr 7, 202011
- PresidentAnand Gopalan Oct 2, 2020 to Jul 19, 202110
- PresidentLaura Tarman Nov 30, 2020 to Jun 3, 202112
- PresidentMichael E. Dee Oct 15, 2018 to Feb 15, 201913
- Chief financial officerMark Weinswig May 23, 2022 to Feb 13, 202314
- Chief financial officerAndrew Hamer Oct 9, 2020 to May 13, 202215
- Chief financial officerMichael E. Dee Oct 15, 2018 to Feb 15, 201913
- Chief operating officerJames Barnhart Mar 25, 2021 to Oct 14, 202216
- Chief operating officerThomas Tewell Oct 1, 2020 to Mar 15, 202117
Board members and other officers (29)
- Chief Commercial OfficerSinclair Vass Mar 19, 2021 to Aug 12, 202218
- Vice President of Sales, NALaura Tarman Jun 11, 2021 to Feb 13, 202319
- Gen.Cnsl. & Acting SectyMichael Vella Jun 11, 2021 to Jul 19, 202120
- Chief Commercial OfficerJoseph Michael Jellen Oct 1, 2020 to Jun 11, 202121
- Chief Marketing OfficerMarta Thoma Hall Oct 1, 2020 to Oct 1, 202022
- Chief Technology OfficerMathew Rekow Oct 1, 2020 to Feb 13, 202323
- Chief Communications OfficerSally Frykman Nov 9, 2020 to Sep 16, 202224
- Chief People OfficerKathryn McBeath Nov 30, 2020 to Feb 13, 202325
- Board memberErnest E. Maddock Jan 18, 2022 to Feb 13, 202326
- Board memberAndreas W. Mattes Jun 21, 2022 to Feb 13, 202327
- Board memberHamid Zarringhalam Mar 9, 2021 to Feb 13, 202328
- Board memberDeborah Hersman Mar 17, 2021 to Jun 14, 202129
- Board memberEric Singer Jun 14, 2021 to Jun 14, 202130
- Board memberKristin Slanina Aug 2, 2021 to Feb 13, 202331
- Board memberMarta R. Thoma Oct 25, 2021 to Apr 15, 202232
- Board memberTed Tewksbury Nov 12, 2021 to Feb 13, 20239
- Board memberVirginia Boulet Nov 12, 2021 to Feb 13, 202333
- Board memberBarb J. Samardzich Oct 1, 2020 to Jun 14, 202134
- Board memberJoseph B. Culkin Oct 1, 2020 to Jul 19, 202135
- Board memberMarta Thoma Hall Oct 1, 2020 to Dec 10, 202122
- Board memberAnand Gopalan Oct 2, 2020 to Jul 19, 202110
- Board memberChristopher Albert Thomas Oct 2, 2020 to Jul 15, 202236
- Board memberJames A. Graf Jan 9, 2019 to Dec 11, 202011
- Board memberJulie Levenson Oct 25, 2019 to Oct 25, 201937
- Board memberKevin Starke Oct 15, 2018 to Oct 15, 201838
- Board memberMichael E. Dee Oct 15, 2018 to Aug 12, 202213
- Board memberSabrina McKee Oct 15, 2018 to Oct 15, 201839
- General counselDaniel Horwood Feb 22, 2022 to Feb 13, 202340
- General counselMichael Vella Oct 1, 2020 to Jun 3, 202141
Former names
- Graf Industrial Corp.Jul 24, 2018 to Sep 30, 20202
Timeline
- Feb 13, 20238-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights42
- Feb 10, 20238-K Shareholder vote43
- Feb 3, 20238-K Shareholder vote; Other events44
- Feb 2, 20238-K Results of operations; Other events45
- Jan 31, 20238-K Executive or director change; Other events46
- Jan 27, 20238-K Executive or director change; Other events47
- Jan 26, 20238-K Shareholder vote; Other events48
- Jan 24, 20238-K Executive or director change49
- Jan 13, 20238-K Other events50
- Dec 15, 20228-K Executive or director change51
- Nov 8, 20228-K Results of operations52
- Nov 7, 20228-K Entered a material agreement; Results of operations53
- Nov 12, 2021New chief executive Ted Tewksbury becomes CEO9
- Oct 2, 2020New chief executive Anand Gopalan becomes CEO10
- Jan 9, 2019New chief executive James A. Graf becomes CEO11
Calendar
When it reported results
- Feb 2, 2023Reported quarterly or annual results45
- Nov 8, 2022Reported quarterly or annual results52
- Nov 7, 2022Reported quarterly or annual results53
- Aug 8, 2022Reported quarterly or annual results54
- May 5, 2022Reported quarterly or annual results55
- Feb 28, 2022Reported quarterly or annual results56
- Nov 4, 2021Reported quarterly or annual results57
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
273 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 32 major events, 171 insider forms, 5 large holders, 60 other. The latest 20:
- Feb 28, 202315-12G EDGAR
- Feb 24, 2023EFFECT EDGAR
- Feb 22, 2023EFFECT EDGAR
- Feb 22, 2023POS AM EDGAR
- Feb 13, 20234 EDGAR
- Feb 13, 20234 EDGAR
- Feb 13, 20234 EDGAR
- Feb 13, 20234 EDGAR
- Feb 13, 20234 EDGAR
- Feb 13, 20234 EDGAR
- Feb 13, 20234 EDGAR
- Feb 13, 20234 EDGAR
- Feb 13, 20234 EDGAR
- Feb 13, 20234 EDGAR
- Feb 13, 20234 EDGAR
- Feb 13, 20234 EDGAR
- Feb 13, 2023S-8 POS EDGAR
- Feb 13, 2023S-8 POS EDGAR
- Feb 13, 2023S-8 POS EDGAR
- Feb 13, 2023POS AM EDGAR
The 273 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
128 open-market trades by officers, directors and large owners since October 2021: 12 buys and 116 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Feb 7, 2023 | Tarman LauraSVP of Worldwide Sales | Sale | 176 | $1.34 | $236 | Form 4 |
| Jan 31, 2023 | Tewksbury Ted L IIIChief Executive Officer | Sale | 5,501 | $1.11 | $6.1K | Form 4 |
| Jan 24, 2023 | Gupta AnuragEVP of Engineering | Sale | 12,877 | $1.00 | $12.9K | Form 4 |
| Jan 24, 2023 | McBeath KathrynChief People Officer | Sale | 1,039 | $1.00 | $1.0K | Form 4 |
| Jan 23, 2023 | Rekow MathewChief Technology Officer | Sale | 3,084 | $1.00 | $3.1K | Form 4 |
| Dec 29, 2022 | Rekow MathewChief Technology Officer | Sale | 625 | $0.75 | $469 | Form 4 |
| Dec 29, 2022 | McBeath KathrynChief People Officer | Sale | 1,389 | $0.75 | $1.0K | Form 4 |
| Dec 29, 2022 | Tarman LauraSVP of Worldwide Sales | Sale | 729 | $0.75 | $547 | Form 4 |
| Dec 22, 2022 | Tewksbury Ted L IIIChief Executive Officer | Sale | 158,559 | $0.79 | $125.3K | Form 4 |
| Dec 15, 2022 | Rekow MathewChief Technology Officer | Sale | 6,836 | $0.97 | $6.6K | Form 4 |
| Dec 15, 2022 | McBeath KathrynChief People Officer | Sale | 2,367 | $0.97 | $2.3K | Form 4 |
| Dec 15, 2022 | Tarman LauraSVP of Worldwide Sales | Sale | 2,528 | $0.97 | $2.5K | Form 4 |
| Dec 12, 2022 | Rekow MathewChief Technology Officer | Sale | 14,903 | $1.02 | $15.2K | Form 4 |
| Nov 30, 2022 | BOULET VIRGINIADirector | Buy | 30,000 | $0.99 | $29.7K | Form 4 |
| Nov 10, 2022 | Rekow MathewChief Technology Officer | Sale | 2,637 | $0.85 | $2.2K | Form 4 |
| Nov 10, 2022 | Tewksbury Ted L IIIChief Executive Officer | Sale | 18,563 | $0.85 | $15.8K | Form 4 |
| Nov 10, 2022 | McBeath KathrynChief People Officer | Sale | 893 | $0.85 | $759 | Form 4 |
| Oct 13, 2022 | Tarman LauraSVP of Worldwide Sales | Sale | 718 | $0.85 | $610 | Form 4 |
| Oct 13, 2022 | Rekow MathewChief Technology Officer | Sale | 1,709 | $0.85 | $1.5K | Form 4 |
| Oct 13, 2022 | McBeath KathrynChief People Officer | Sale | 1,399 | $0.85 | $1.2K | Form 4 |
All 128 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- David S. HallSC 13D/A, 5 filings Oct 25, 2021 to Apr 25, 202258
SEC filer profile
How Velodyne Lidar, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARVelodyne Lidar, Inc.1
- CIK0001745317
- Filer status<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)3569 General Industrial Machinery & Equipment, NEC1
- Business address5521 Hellyer Avenue, San Jose, CA 951381
- Phone(669) 275-22511
- Shares outstanding237,590,372 as of Nov 4, 20226
- Public float$1.1B as of Jun 30, 20213
- On EDGAR sinceJul 24, 20181
- Filings635 in all: 4 (291), 8-K (69), 425 (41), 3 (34), 424B3 (31), DEFA14A (16), 4/A (14), SC 13G (14)1
All 43 form types
10-Q (13), CORRESP (13), SC 13G/A (11), SC 13D/A (9), UPLOAD (8), EFFECT (7), S-1/A (6), DFAN14A (5), 10-K (4), 8-K/A (4), DEF 14A (4), S-1 (4), 8-A12B (3), PRE 14A (3), PREC14A (3), S-8 (3), S-8 POS (3), CERT (2), DEFM14A (2), POS AM (2), PRER14A (2), 10-K/A (1), 15-12G (1), 25 (1), 25-NSE (1), 3/A (1), 424B2 (1), 424B4 (1), 424B5 (1), D (1), DRS (1), PREM14A (1), S-3 (1), S-3/A (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Mar 1, 2022
Quarterly report (10-Q) Nov 9, 2022
Proxy statement (DEF 14A) Apr 29, 2022
Latest 8-K (8-K) Feb 13, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12SEC EDGARLaura Tarman, President
- 13SEC EDGARMichael E. Dee, President
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26SEC EDGARErnest E. Maddock, Board member
- 27SEC EDGARAndreas W. Mattes, Board member
- 28SEC EDGARHamid Zarringhalam, Board member
- 29SEC EDGARDeborah Hersman, Board member
- 30SEC EDGAREric Singer, Board member
- 31SEC EDGARKristin Slanina, Board member
- 32SEC EDGARMarta R. Thoma, Board member
- 33SEC EDGARVirginia Boulet, Board member
- 34SEC EDGARBarb J. Samardzich, Board member
- 35SEC EDGARJoseph B. Culkin, Board member
- 36
- 37SEC EDGARJulie Levenson, Board member
- 38SEC EDGARKevin Starke, Board member
- 39SEC EDGARSabrina McKee, Board member
- 40SEC EDGARDaniel Horwood, General counsel
- 41SEC EDGARMichael Vella, General counsel
- 42
- 43SEC EDGARShareholder vote
- 44SEC EDGARShareholder vote; Other events
- 45SEC EDGARResults of operations; Other events
- 46
- 47
- 48SEC EDGARShareholder vote; Other events
- 49SEC EDGARExecutive or director change
- 50SEC EDGAROther events
- 51SEC EDGARExecutive or director change
- 52SEC EDGARResults of operations
- 53
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- 58