← VEEA
VEEA— VEEA INC.
| Metric | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Sales, net | $142K-98.4% | $9.1M | — | — |
| Cost of goods sold | $83K-82.2% | $467K | — | — |
| Gross profit | $58K-99.3% | $8.6M | — | — |
| Product development | $1.4M+98.0% | $693K | — | — |
| Sales and marketing | $812K+276.9% | $215K | — | — |
| General and administrative, net | $26.6M+54.5% | $17.2M | — | — |
| Transaction costs including those incurred with contingent Earn-out Share Liability | $55.0M | — | — | — |
| Depreciation and amortization | $274K-66.5% | $818K | — | — |
| Total operating expenses | $84.1M+343.6% | $19.0M | — | — |
| Income (loss) from operations | -$84.1M-711.6% | -$10.4M-154.3% | -$4.1M-39.7% | -$2.9M |
| Other income, net | $21K-64.3% | $60K | — | — |
| UK R&D tax credit | $1.3M | — | — | — |
| Loss on initial issuance of convertible note | -$1.8M | — | — | — |
| Change in fair value of convertible note option liability | $841K | — | — | — |
| Change in fair value of warrant liabilities | $200K | — | $9.0M-2.2% | $9.2M |
| Change in fair value of Earn-out Share Liability | $38.0M | — | — | — |
| Other expense | -$245K-1019.7% | -$22K | — | — |
| Interest income | $2K | — | $4.7M+28672.8% | $16K |
| Interest expense | -$1.8M+66.0% | -$5.3M | — | — |
| Total other income and (expense) | $36.5M+792.0% | -$5.3M-136.0% | $14.7M+54.1% | $9.5M |
| Net loss | -$47.5M-204.0% | -$15.6M-247.8% | $10.6M+60.4% | $6.6M |
| Basic weighted average shares outstanding, common stock (in Shares) | $25.3M+56.3% | $16.2M-49.4% | $31.9M+23.5% | $25.8M |
| Diluted weighted average shares outstanding, common stock (in Shares) (in Shares) | $25.3M+56.3% | $16.2M | — | $25.8M |
| Basic net (loss) income per Common Stock (in Dollars per share) | -$1.88-93.8% | -$0.97-459.3% | $0.27+35.0% | $0.2 |
| Diluted net (loss) income per Common Stock (in Dollars per share) (in Dollars per share) | -$1.88-93.8% | -$0.97-459.3% | $0.27+35.0% | $0.2 |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.