VEEA INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 09/30/23 | FY 06/30/23 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $222,018 | $141,760 | $9.1M | — | — |
| Cost of revenue | $69,981 | $83,290 | $466,802 | — | — |
| Gross profit | $152,037 | $58,470 | $8.6M | — | — |
| Research and development | $328,422 | $1.4M | $693,448 | — | — |
| Operating expenses | $19.0M | $84.1M | $19.0M | — | — |
| Operating income | -$18.8M | -$84.1M | -$10.4M | — | — |
| Interest expense | $2.2M | $1.8M | $5.3M | — | — |
| Income tax expense | $670 | $15,325 | $74,497 | — | — |
| Net income | -$6.7M | -$47.5M | -$15.6M | — | — |
| Balance Sheet | |||||
| Cash and equivalents | — | $1.7M | $6.0M | $92,722 | $20,880 |
| Current assets | $15.6M | $14.9M | $14.0M | $120,272 | $73,765 |
| Total assets | $28.2M | $21.1M | $20.8M | $35.2M | $55.2M |
| Current liabilities | $31.8M | $20.1M | $32.2M | $6.5M | $5.9M |
| Total liabilities | $38.0M | $38.1M | $32.3M | $7.3M | $6.3M |
| Total debt | — | $13.9M | $21.6M | — | — |
| Stockholders' equity | -$9.8M | -$17.0M | -$11.5M | -$7.2M | -$6.3M |
| Cash Flow Statement | |||||
| Cash from operations | -$15.2M | -$25.6M | -$12.7M | — | — |
| Depreciation and amortization | $632,479 | $273,772 | $226,000 | — | — |
| Stock-based compensation | $1.1M | $6.7M | $484,584 | — | — |
| Capital expenditure | $8,209 | $46,204 | $34,966 | — | — |
| Free cash flow | -$15.2M | -$25.6M | -$12.7M | — | — |
| Share repurchases | — | — | $294.3M | — | — |
| Impairments | $235,877 | $216,278 | $174,066 | — | — |
Shares outstanding 50.4M
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.