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