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Change in fair value of
earn-out share liability
-$4,720,000
(80.93%↑ Y/Y)
Uk r&d tax credit
-$1,223,328
(2.23%↑ Y/Y)
Change in fair value of
warrant liabilities
-$555,498
(-352.07%↓ Y/Y)
Other income
$879
Change in fair value of
convertible note option...
$270
(-99.96%↓ Y/Y)
Total other income
$6,037,953
(-75.02%↓ Y/Y)
Interest expense
$442,867
(-1.99%↓ Y/Y)
Other expense
$19,155
Sales, net
$144,926
(185.95%↑ Y/Y)
Net income (loss)
$1,375,294
(104.13%↑ Y/Y)
Foreign currency
translation adjustment
-$35,099
Loss from operations
-$4,662,659
(91.89%↑ Y/Y)
Gross profit
$91,920
(157.58%↑ Y/Y)
Cost of goods sold
$53,006
(253.44%↑ Y/Y)
Comprehensive income (loss)
$1,410,393
Total operating
expenses
$4,754,579
(-91.74%↓ Y/Y)
General and
administrative, net
$4,522,588
(127.37%↑ Y/Y)
Depreciation and
amortization
$216,436
(219.56%↑ Y/Y)
Sales and marketing
$15,555
(-80.78%↓ Y/Y)
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Income Statement
source: myfinsight.com
VEEA INC. (VEEA)
VEEA INC. (VEEA)