Velodyne Lidar, Inc.
VLDRDelisted Feb 13, 2023- Industry
- General Industrial Machinery & Equipment, NEC
- SEC CIK
- 0001745317
Velodyne Lidar, Inc. was delisted on Feb 13, 2023; its insiders filed their last Form 4 on Feb 13, 2023; 130 institutions reported holding it in 13F filings for Q4 2022, worth $43.7M in total; no superinvestor held it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 2:09 PM ET
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|
| Period end | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
| Filing | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 28, 2022 | Jan 8, 2021 | – | – |
| Revenue | $61.9M | $95.4M | – | – |
| Cost of revenue | $67.8M | $70.2M | – | – |
| Gross profit | -$5.91M | $25.1M | – | – |
| Operating expenses | $216.2M | $179.0M | – | – |
| Research and development | $77.9M | $88.1M | – | – |
| Selling, general and administrative | $70.3M | $65.7M | – | – |
| Operating income | -$222.1M | -$153.9M | -$717.5K | – |
| Interest expense | $80.0K | $106.0K | – | – |
| Income tax | $645.0K | -$4.08M | $1.08M | – |
| Net income | -$212.2M | -$149.9M | -$13.9M | – |
| EPS, basic | $-1.09 | – | – | – |
| EPS, diluted | $-1.09 | – | – | – |
| Weighted shares, basic | 194.0M | – | – | – |
| Weighted shares, diluted | 194.0M | – | – | – |
| Margins and growth | ||||
| Gross margin | -9.6% | 26.3% | – | – |
| Operating margin | -358.7% | -161.4% | – | – |
| Net margin | -342.7% | -157.2% | – | – |
| Revenue growth, year over year | −35.1% | – | – | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2021 | FY2020 | FY2019 | FY2018! |
|---|---|---|---|---|
| Period end | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
| Filing | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 28, 2022 | Jan 8, 2021 | – | – |
| Cash and equivalents | $24.1M | $204.6M | $698.0K | $1.40M |
| Accounts receivable | $8.88M | $14.0M | – | – |
| Inventory | $9.30M | $18.1M | – | – |
| Total current assets | $327.4M | $404.7M | $727.8K | $1.54M |
| Property, plant and equipment | $14.7M | $16.8M | – | – |
| Goodwill | $1.19M | $1.19M | – | – |
| Intangible assets | $724.0K | $627.0K | – | – |
| Total assets | $375.4M | $432.7M | $249.7M | $246.4M |
| Accounts payable | $5.11M | $7.72M | $28.0K | $110.2K |
| Short-term debt | – | – | $0 | – |
| Total current liabilities | $47.1M | $65.4M | $32.9M | $527.8K |
| Long-term debt | $0 | $10.0M | – | – |
| Total liabilities | $76.2M | $91.9M | – | $15.7M |
| Shareholders' equity | $299.3M | $340.8M | $5.00M | $5.00M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|
| Period end | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
| Filing | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 28, 2022 | Jan 8, 2021 | – | – |
| Operating cash flow | -$120.7M | -$68.4M | -$1.78M | – |
| Capital expenditures | $5.64M | $3.28M | – | – |
| Free cash flow | -$126.3M | -$71.7M | – | – |
| Depreciation and amortization | $8.45M | $8.39M | – | – |
| Stock-based compensation | $87.1M | $91.5M | – | – |
| Share buybacks | $0 | $1.80M | – | – |
| Investing cash flow | -$132.7M | -$134.5M | $1.14M | – |
| Financing cash flow | $72.8M | $347.7M | -$100.6K | – |
| Net change in cash | -$180.6M | $144.6M | -$742.6K | – |
| Ratio | ||||
| Stock-based compensation, % of revenue | 140.6% | 96.0% | – | – |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Nov 4, 2022 | 237.6M | +20.9% | SEC |
| Jul 29, 2022 | 219.7M | +12.4% | SEC |
| Apr 29, 2022 | 208.0M | +9.6% | SEC |
| Feb 21, 2022 | 198.1M | +5.2% | SEC |
| Oct 29, 2021 | 196.4M | +16.4% | SEC |
| Jul 30, 2021 | 195.6M | +1,014.4% | SEC |
| May 5, 2021 | 189.7M | +522.5% | SEC |
| Apr 29, 2021 | 189.7M | +522.5% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.