VEEA INC. (VEEA)
2025-06-30 | 2024-09-30 | |||
|---|---|---|---|---|
| Sales, net | 72,927 | 50,683 | ||
| Cost of goods sold | 4,587 | 14,997 | ||
| Gross profit | 68,340 | 35,686 | ||
| Transaction costs incurred with contingent earnout share liability | - | 55,038,544 | ||
| Sales and marketing | 40,515 | 80,937 | ||
| Product development | 53,417 | 356,761 | ||
| General and administrative, net | 4,750,744 | 1,989,095 | ||
| Depreciation and amortization | 144,607 | 67,730 | ||
| Total operating expenses | 4,989,283 | 57,533,067 | ||
| Loss from operations | -4,920,943 | -57,497,381 | ||
| Other nonoperating income (expense) | - | 8,739 | ||
| Other expenses | - | 36 | ||
| Income tax credits and adjustments | - | -1,251,243 | ||
| Amortization of debt issuance costs and discounts | - | 1,770,933 | ||
| Change in fair value of earn-out share liability | 1,730,000 | -24,750,000 | ||
| Other income, net | 461 | - | ||
| Other expense | 12,635 | - | ||
| Interest expense | 433,098 | 451,881 | ||
| Change in fair value of convertible note option liability | 730 | 607,067 | ||
| Change in fair value of warrant liabilities | 315,373 | 220,373 | ||
| Total other income (expense) | -2,489,915 | 24,173,826 | ||
| Net loss | -7,410,858 | -33,323,555 | ||
| Foreign currency translation adjustment | -168,562 | - | ||
| Comprehensive loss | -7,242,296 | -33,323,555 | ||
| Basic (in dollars per share) | -0.19 | -1.49 | ||
| Basic (in shares) | 38,813,663 | 22,292,374 | ||
| Diluted (in dollars per share) | -0.19 | -1.49 | ||
| Diluted (in shares) | 38,813,663 | 22,292,374 | ||