Business Operations - Ouster shipped sensors to approximately 680 customers in the twelve months ended September 30, 2022[152]. - Ouster's manufacturing partner, Benchmark Electronics, is expected to reduce product costs and allow rapid scaling of production[155]. - Ouster announced the launch of the REV7 sensors, which deliver double the range and enhanced object detection capabilities[163]. - The company completed the acquisition of Sense Photonics for approximately $63.0 million in equity value[169]. - The Velodyne Merger is expected to result in existing stockholders each owning approximately 50% of the combined company[159]. - Ouster plans to expand sales and marketing efforts, software development capabilities, and accelerate sensor development[158]. Financial Performance - Product revenue for Q3 2022 was $11,204,000, up 44.5% from $7,755,000 in Q3 2021[195]. - Gross profit for Q3 2022 was $3,716,000, compared to $1,876,000 in Q3 2021, representing a 97.9% increase[195]. - Net loss for Q3 2022 was $35,987,000, compared to a net loss of $12,669,000 in Q3 2021, reflecting a significant increase in losses[195]. - Product revenue increased by $3.4 million, or 44%, to $11.2 million for the three months ended September 30, 2022, compared to $7.8 million for the same period in the prior year[198]. - Interest income rose to $0.7 million for the three months ended September 30, 2022, compared to $0.2 million in the prior year, reflecting improved cash management[206]. - Product revenue for the nine months ended September 30, 2022, increased by $8.4 million, or 39%, to $30.1 million from $21.7 million in the prior year[212]. - The company recorded a net income of $7.1 million for other income (expense) for the nine months ended September 30, 2022, compared to a net expense of $0.4 million in the prior year[222]. Cost and Expenses - Research and development expenses increased to $17,212,000 in Q3 2022 from $8,390,000 in Q3 2021, a 105.1% rise[195]. - Operating expenses for Q3 2022 totaled $39,761,000, up from $29,200,000 in Q3 2021, indicating a 36.2% increase[195]. - The company experienced a 30% increase in cost of product revenue for the nine months ended September 30, 2022, totaling $21.0 million, primarily due to supply chain issues and increased material costs[214]. - Research and development expenses increased by $29.4 million, or 150%, to $49.0 million for the nine months ended September 30, 2022, compared to $19.6 million for the same period in 2021[217]. - Sales and marketing expenses rose by $8.4 million, or 57%, to $23.2 million for the nine months ended September 30, 2022, from $14.8 million in the prior year[218]. - General and administrative expenses increased by $4.1 million, or 11%, to $40.3 million for the nine months ended September 30, 2022, compared to $36.2 million for the same period in 2021[219]. Market Conditions - Supply chain disruptions due to the COVID-19 pandemic have led to unfavorable purchase price variances and delayed customer orders[170]. - A global chip shortage is impacting the industry, with estimates suggesting it may continue through the end of 2023[173]. - The average selling prices (ASPs) are expected to face downward pressure due to competition and market dynamics, particularly in the Asia and Pacific region[178]. - The company expects fluctuations in revenue and gross margins to continue as customers reach commercialization phases with lidar technology[174]. - The total addressable market (TAM) for the company's solutions is estimated to be multibillion-dollar, focusing on automation applications in various end markets[181]. Internal Controls and Risks - The company identified material weaknesses in its internal control over financial reporting, which could result in misstatements of financial statements[253]. - The company is committed to continuous improvement in its internal controls and has taken measures to remediate identified weaknesses[255]. - The company’s market risk exposure is primarily due to fluctuations in interest rates and foreign currency exchange rates[244]. - The company does not believe inflation has had a material effect on its business, but significant inflationary pressures could harm its financial condition[245]. - The company is exposed to interest rate risk, with $19.2 million of variable rate debt outstanding under its Loan Agreement; a 1% change in effective interest rate would impact interest expense by approximately $0.2 million over the next 12 months[248]. Cash Flow and Financing - Cash provided by financing activities was $35.4 million for the nine months ended September 30, 2022, primarily from borrowings and common stock issuance[237]. - Operating activities used $83.3 million in cash during the nine months ended September 30, 2022, primarily due to a net loss of $96.4 million[234]. - The company had an accumulated deficit of $399.7 million and cash and cash equivalents of $133.2 million as of September 30, 2022[228]. - The company entered into a loan agreement with Hercules Capital, Inc., providing a term loan facility of up to $50.0 million, with $20.0 million drawn as of September 30, 2022[229].

Velodyne Lidar 1 | VELODYNELIDAR.COM Third Quarter 2022 Investor Presentation November 8, 2022 Safe harbor This presentation contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook and market positioning, business strategy and plans, potential contract opportunities, planned products and services, growth opportunities, market demand and technologi ...

Velodyne Lidar, Inc. (VLDR) Q2 2022 Earnings Conference Call August 8, 2022 4:30 PM ET Company Participants Jim Fanucchi - Darrow Associates Ted Tewksbury - Chief Executive Officer Mark Weinswig - Chief Financial Officer Conference Call Participants Raji Gill - Needham & Company Colin Rusch - Oppenheimer Sam Peterman - Craig-Hallum Capital Group Operator Good day everyone and welcome to the Velodyne Lidar Second Quarter 2022 Financial Results Call. All participants will be in listen-only mode. Please also ...

Velodyne Lidar® 1 | V E L O D Y N E L I D A R . C O M Second Quarter 2022 Investor Presentation August 8, 2022 Safe harbor This presentation contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook and market positioning, business strategy and plans, potential contract opportunities, planned products and services, growth opportunities, market deman ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _______________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39463 _______________________ Ouster, Inc. (Exact name of registrant as specified in its charter) ______ ...

Velodyne Lidar 1 | VELODYNELIDAR.COM Deutsche Bank Global Auto Industry Conference June 14, 2022 Safe harbor This presentation contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook and market positioning, business strategy and plans, potential contract opportunities, planned products and services, growth opportunities, market demand and technolo ...

OUSTER® Investor Presentation May 2022 OUST LISTED NYSE Disclaimers 2 Forward Looking Statements This presentation contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding Ouster's financial outlook, market positioning, and anticipated results. Forward-looking statements give Ouster's current expectations and projections relating to its financial condition, competitive ...

Velodyne Lidar 1 | VELODYNELIDAR.COM First Quarter 2022 Investor Presentation May 5, 2022 Safe harbor This presentation contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook and market positioning, business strategy and plans, potential contract opportunities, planned products and services, growth opportunities, market demand and technological d ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q _______________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39463 _______________________ Ouster, Inc. (Exact name of registrant as specified in its charter) _____ ...

Velodyne Lidar, Inc. (VLDR) Q1 2022 Earnings Conference Call May 5, 2022 4:30 PM ET Company Participants Andrew Chan – Head-Investor Relations Ted Tewksbury – Chief Executive Officer Drew Hamer – Chief Financial Officer Conference Call Participants Colin Rusch – Oppenheimer Sam Peterman – Craig-Hallum Capital Group Aileen Smith – Bank of America Rajvindra Gill – Needham & Company Operator Hello, and welcome to the Velodyne Lidar First Quarter 2022 Financial Results Call. [Operator instructions]. Please also ...