For the quarter ending 2025-09-30, VEEA had $833,143 increase in cash & cash equivalents over the period. -$4,448,498 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | 1,375,294 | -3,111,806 |
| Depreciation and amortization | 216,433 | 204,663 |
| Impairment loss on investment | - | 0 |
| Amortization of debt issuance costs | 111,969 | 851,116 |
| Change in fair value of convertible note option liability | 270 | 59,730 |
| Change in fair value of warrant liabilities | -555,498 | -105,124 |
| Change in fair value of earn-out share liability | -4,720,000 | -8,800,000 |
| Share based compensation | 319,210 | 439,913 |
| Share based vendor payments as compensation for services | -25,000 | 208,000 |
| Share based payment as compensation for eloc commitment fee | 25,000 | - |
| Unrealized foreign currency transaction (gain) loss | 68,321 | 150,216 |
| Amortization of operating lease right of use assets | 0 | 117,365 |
| Receivables | 99,283 | -36,785 |
| Inventories | 132,974 | 572,256 |
| Prepaid and other current assets | 4,911 | -123,913 |
| Other assets | 41 | -53,534 |
| Accounts payable | -686,308 | 3,262,831 |
| Accrued expenses | -204,658 | -12,042 |
| Accrued interest | - | 0 |
| Other liabilities | -219 | 569,488 |
| Operating lease payments | 0 | -121,579 |
| Loss on initial issuance of debt | 0 | - |
| Earn-out liability initial loss | 0 | - |
| Interest income on investment | 0 | - |
| Interest expense on convertible notes converted | 0 | - |
| Net cash used in operating activities | -4,449,577 | -7,065,145 |
| Purchase of intangible assets and trademarks | 66,485 | 158,464 |
| Purchase of property and equipment | -1,079 | 1,079 |
| Proceeds from the issuance of shares under equity line of credit facility | - | 836,766 |
| Net cash used in investing activities | -65,406 | -159,543 |
| Proceeds from revolving line of credit | 0 | 1,300,000 |
| Proceeds from the issuance of series a-2 preferred stock, net of transaction costs | - | 0 |
| Proceeds from related party notes | 550,000 | 2,626,000 |
| Proceeds from issuance of convertible notes | 0 | 1,000,000 |
| Proceeds from the issuance of shares under equity line of credit facility | 836,766 | - |
| Proceeds from the issuance of common stock, net of transaction costs | 4,828,750 | - |
| Proceeds from exercise of stock options for common stock | 8 | 11 |
| Proceeds from reverse recapitalization | 0 | - |
| Proceeds from lock-up share release | 0 | - |
| Net cash provided by financing activities | 5,378,758 | 5,762,777 |
| Effect of exchange rate changes on cash | -30,632 | 14,286 |
| Net decrease in cash and cash equivalents | 833,143 | -1,447,625 |
| Cash and cash equivalents at beginning of period | 1,685,633 | - |
| Cash and cash equivalents at end of period | 1,071,151 | - |
VEEA INC. (VEEA)
VEEA INC. (VEEA)