$VEEA Income Statement | Understand Stock

$VEEA

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Operations and Comprehensive Income (Loss)

In millions of USD; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Formation and operating expenses
Sales, net
Cost of goods sold
Gross profit
Operating Expenses:
Product development
Sales and marketing
General and administrative
Transaction costs including those incurred with contingent Earn-out Share Liability
Transaction costs
Depreciation and amortization
Total operating expenses
Loss from operations
Other income (expense):
Other income, net
Other income
UK R&D tax credit
Loss on initial issuance of convertible note
Change in fair value of convertible note option liability
Change in fair value of warrant liabilities
Transaction costs allocated to warrant liabilities
Gain on expiration of over allotment option
Interest income – operating account
Change in fair value of FPA
Issuance of FPA
Reduction of deferred underwriter fee payable
Interest Expense - Debt Discount
Termination Fee
Change in fair value of Earn-out Share Liability
Other expense
Interest income
Interest expense
Total other income

Net loss
Class A Ordinary Shares
Class B Ordinary Shares
Total net loss

Weighted average ordinary shares outstanding
Class A Ordinary Shares
Class B Ordinary Shares
Basic and diluted net income per ordinary share
Net loss per share:
Basic (in Dollars per share)
Class A Ordinary Shares Subject to Possible Redemption
Class A Ordinary Shares
Class B Ordinary Shares
Total basic (in Dollars per share)
Diluted (in Dollars per share)
Class A Ordinary Shares Subject to Possible Redemption
Class A Ordinary Shares
Class B Ordinary Shares
Total diluted (in Dollars per share)
Weighted-average common stock outstanding used in per share amounts:
Basic (in Shares)
Class A Ordinary Shares Subject to Possible Redemption
Class A Ordinary Shares
Class B Ordinary Shares
Total basic (in Shares)
Diluted (in Shares)
Class A Ordinary Shares Subject to Possible Redemption
Class A Ordinary Shares
Class B Ordinary Shares
Total diluted (in Shares)
Other comprehensive income (loss):
Foreign currency translation adjustment
Comprehensive loss

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