Financial insights of VEEA

MyFinsight

For the quarter ending 2026-03-31, VEEA made $180,417 in revenue. -$4,619,071 in net income. Net profit margin of -2560.22%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Sales, net	180,417	-104,761.5*	144,926	72,927
Cost of goods sold	22,667	-16,408.5*	53,006	4,587
Gross profit	157,750	-88,353*	91,920	68,340
Product development	148,600	168,171*	-	53,417
Sales and marketing	42,115	264,899*	15,555	40,515
General and administrative	4,792,284	3,841,344.5*	4,522,588	4,750,744
Transaction costs	-	6,250*	-	-
Depreciation and amortization	204,992	90,914.5*	216,436	144,607
Total operating expenses	5,187,991	4,371,579*	4,754,579	4,989,283
Loss from operations	-5,030,241	-4,459,932*	-4,662,659	-4,920,943
Other income	240,345	-7,547*	879	461
Uk r&d tax credit	-	2,467,430*	-1,223,328	-
Change in fair value of convertible note option liability	-	58,500*	270	730
Change in fair value of warrant liabilities	-459,103	-497.5*	-555,498	315,373
Change in fair value of earn-out share liability	-558,600	-10,366,392*	-4,720,000	1,730,000
Other expense	-	208,900*	19,155	12,635
Other income (expense)	90,177	-	-	-
Interest expense	810,676	888,272.5*	442,867	433,098
Total other income	357,195	6,853,240*	6,037,953	-2,489,915
Net income (gain)	-4,673,046	2,393,308*	1,375,294	-7,410,858
Foreign currency translation adjustment	-53,975	1,691,656.5*	-35,099	-168,562
Comprehensive income (gain)	-4,619,071	701,651.5	1,410,393	-7,242,296

Basic EPS	-0.09	0.016	0.03	-0.19
Diluted EPS	-0.09	0.016	0.03	-0.19
Basic Average Shares	50,467,421	43,959,515	45,644,909	38,813,663
Diluted Average Shares	50,467,421	43,934,028	45,670,396	38,813,663