Veea Inc. Balance Sheet

Balance Sheet Dec2023 Dec2024
Assets
Current Assets
Cash & Equivalents 6.01M1.69M
Short-term Investments 0.34M0.34M
Cash & Current Investments 6.35M2.02M
Receivables - Net 0.05M0.08M
Receivables 0.05M0.08M
Raw Materials 1.13M0.99M
Inventory 7.39M7.46M
Prepaid Assets 0.51M5.65M
Current Assets 13.95M14.88M
Non-Current Assets
Property, Plant & Equipment (Net) 0.38M0.21M
Long-Term Investments 0.45M0.24M
Goodwill 4.80M4.78M
Intangibles 12.35M7.55M
Goodwill & Intangibles 17.14M12.33M
Long-Term Deferred Tax 4.98M
Other Non-Current Assets 0.09M0.20M
Non-Current Assets 6.89M6.21M
Assets 20.84M21.09M
Liabilities
Current Liabilities
Accounts Payables 1.08M1.29M
Notes Payables 12.60M
Payables 13.68M1.29M
Accumulated Expenses 4.74M1.91M
Other Accumulated Expenses 0.18M0.12M
Short term Debt 9.00M12.70M
Current Leases 0.45M0.12M
Total Current Liabilities 32.19M20.14M
Non-Current Liabilities
Convertible Debt 0.04M
Preferred Stock Liabilities 35.56M
Operating Leases 0.12M
Other Non-Current Liabilities 1.64M0.84M
Total Non-Current Liabilities 30.66M37.28M
Total Liabilities 32.30M38.12M
Shareholder's Equity
Total Debt 9.00M12.70M
Common Equity -11.47M-17.02M
Shareholder's Equity -11.47M-17.02M
Liabilities and Shareholders Equity 20.84M21.09M
Retained Earnings -170.30M-217.83M