Veea Inc. (VEEA)

Veea Inc. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2.8	6.01	0.19	0.95
Cash & Short-Term Investments	2.8	6.01	0.19	0.95
Cash Growth	140.68%	3133.29%	-80.45%	-
Receivables	0.08	0.05	0.02	-
Inventory	7.98	7.38	7.55	4.72
Prepaid Expenses	0.26	0.51	0.12	1.86
Total Current Assets	38.16	13.95	7.88	7.54
Property, Plant & Equipment	0.46	0.92	1.92	2.89
Long-Term Investments	0.45	0.45	0.63	0.61
Goodwill	5.08	4.8	4.58	5.12
Other Intangible Assets	0.76	0.63	1.06	2.25
Other Long-Term Assets	0.09	0.09	0.1	0.13
Total Assets	45	20.84	16.16	18.53
Accounts Payable	1.64	1.08	4.4	1.7
Accrued Expenses	6.25	7.01	7.23	11.27
Current Portion of Long-Term Debt	12.7	21.6	33.42	69.55
Current Portion of Leases	0.21	0.45	0.86	0.86
Other Current Liabilities	0.2	2.05	-	0.25
Total Current Liabilities	21	32.19	45.91	83.62
Long-Term Debt	0.34	-	-	1.22
Long-Term Leases	-	0.12	0.55	1.34
Total Liabilities	53	32.3	46.46	86.18
Common Stock	0	0	0	0
Additional Paid-In Capital	210.67	159.48	123.78	52.57
Retained Earnings	-216.9	-170.28	-154.64	-119.48
Comprehensive Income & Other	-1.77	-0.66	0.77	-0.56
Total Common Equity	-8.01	-11.47	-30.09	-67.46
Minority Interest	-	-	-0.21	-0.18
Shareholders' Equity	-8.01	-11.47	-30.3	-67.65
Total Liabilities & Equity	45	20.84	16.16	18.53
Total Debt	13.25	22.16	34.83	72.96
Net Cash (Debt)	-10.45	-16.15	-34.64	-72.01
Net Cash Per Share	-1.01	-2.23	-4.81	-10.07
Filing Date Shares Outstanding	35.69	7.24	7.2	7.15
Total Common Shares Outstanding	35.69	7.24	7.2	7.15
Working Capital	17.16	-18.23	-38.03	-76.08
Book Value Per Share	-0.22	-1.58	-4.18	-9.43
Tangible Book Value	-13.84	-16.89	-35.73	-74.84
Tangible Book Value Per Share	-0.39	-2.33	-4.96	-10.46
Machinery	-	0.98	0.96	1.13
Leasehold Improvements	-	0.39	0.39	0.39

Source: S&P Capital IQ. Standard template. Financial Sources.