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Income Statement
VEEA INC. (VEEAW)
source: myfinsight.com
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Comprehensive loss
-$7,242,296
Foreign currency
translation adjustment
-$168,562
Net loss
-$7,410,858
Sales, net
$72,927
Total other income
(expense)
-$2,489,915
Loss from operations
-$4,920,943
Change in fair value of
convertible note option...
$730
Other income, net
$461
Gross profit
$68,340
Cost of goods sold
$4,587
Change in fair value of
warrant liabilities
$315,373
Interest expense
$433,098
Other expense
$12,635
Change in fair value of
earn-out share liability
$1,730,000
Total operating
expenses
$4,989,283
Depreciation and
amortization
$144,607
General and
administrative, net
$4,750,744
Product development
$53,417
Sales and marketing
$40,515
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