For the quarter ending 2025-09-30, VEEAW has $29,469,150 in assets. $33,734,625 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 1,071,151 | 238,008 | ||
| Receivables, net | 147,438 | 48,230 | ||
| Inventory, net | 9,562,118 | 9,412,074 | ||
| Prepaid and other current assets | 5,535,918 | 5,541,271 | ||
| Total current assets | 16,316,625 | 15,239,583 | ||
| Total property and equipment gross | 1,436,481 | - | ||
| Less - accumulated depreciation | 1,323,009 | - | ||
| Property and equipment, net | 113,472 | 137,224 | ||
| Goodwill | 5,174,240 | 5,233,499 | ||
| Intangible assets, net | 7,594,415 | 7,721,559 | ||
| Investments | 236,519 | 235,737 | ||
| Other assets | 33,879 | 34,451 | ||
| Total assets | 29,469,150 | 28,602,053 | ||
| Other current liabilities | - | 0 | ||
| Related party notes-Related Party | - | 2,626,000 | ||
| Revolving line of credit | 14,000,000 | 14,000,000 | ||
| Accounts payable | 3,553,569 | 4,149,154 | ||
| Accrued expenses | 1,202,859 | 1,852,620 | ||
| Related party liabilities | - | 3,952,424 | ||
| Related party liabilities-Related Party | 4,057,200 | - | ||
| Deferred payables, current | 2,257,457 | 2,257,457 | ||
| Share issuance liability | - | 0 | ||
| Notes payable | 1,762,415 | 1,762,415 | ||
| Convertible note payable, net ,current | 1,550,401 | 1,000,000 | ||
| Total current liabilities | 28,383,901 | 31,600,070 | ||
| Deferred payables | - | 0 | ||
| Warrant liability | 3,310,724 | 735,870 | ||
| Conversion option liability | - | 270 | ||
| Convertible note payable, net | - | 438,432 | ||
| Earn-out share liability | 2,040,000 | 6,760,000 | ||
| Total liabilities | 33,734,625 | 39,534,642 | ||
| Common stock, 0.0001 par value, 551,000,000 shares authorized and 50,160,673 and 36,202,798 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 5,018 | 4,094 | ||
| Additional paid-in capital | 214,938,054 | 209,682,257 | ||
| Accumulated deficit | -219,567,030 | -220,942,324 | ||
| Accumulated other comprehensive income | 358,483 | 323,384 | ||
| Total stockholders deficit | -4,265,475 | -10,932,589 | ||
| Total liabilities and stockholders deficit | 29,469,150 | 28,602,053 | ||
VEEA INC. (VEEAW)
VEEA INC. (VEEAW)