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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.87	6.01	0.19	0.95
Cash & Short-Term Investments	0.87	6.01	0.19	0.95
Cash Growth	367.82%	3133.29%	-80.45%	-
Receivables	0.05	0.05	0.02	-
Inventory	7.94	7.38	7.55	4.72
Prepaid Expenses	5.44	0.51	0.12	1.86
Total Current Assets	14.3	13.95	7.88	7.54
Property, Plant & Equipment	0.59	0.92	1.92	2.89
Long-Term Investments	0.45	0.45	0.63	0.61
Goodwill	4.79	4.8	4.58	5.12
Other Intangible Assets	0.7	0.63	1.06	2.25
Other Long-Term Assets	0.09	0.09	0.1	0.13
Total Assets	20.93	20.84	16.16	18.53
Accounts Payable	2.3	1.08	4.4	1.7
Accrued Expenses	8.43	7.01	7.23	11.27
Current Portion of Long-Term Debt	21.6	21.6	33.42	69.55
Current Portion of Leases	0.3	0.45	0.86	0.86
Other Current Liabilities	-	2.05	-	0.25
Total Current Liabilities	32.63	32.19	45.91	83.62
Long-Term Debt	-	-	-	1.22
Long-Term Leases	-	0.12	0.55	1.34
Total Liabilities	32.63	32.3	46.46	86.18
Common Stock	0	0	0	0
Additional Paid-In Capital	172.05	159.48	123.78	52.57
Retained Earnings	-183.58	-170.28	-154.64	-119.48
Comprensive Income & Other	-0.17	-0.66	0.77	-0.56
Total Common Equity	-11.7	-11.47	-30.09	-67.46
Minority Interest	-	-	-0.21	-0.18
Shareholders' Equity	-11.7	-11.47	-30.3	-67.65
Total Liabilities & Equity	20.93	20.84	16.16	18.53
Total Debt	21.9	22.16	34.83	72.96
Net Cash (Debt)	-21.03	-16.15	-34.64	-72.01
Net Cash Per Share	-2.90	-2.23	-4.81	-10.07
Filing Date Shares Outstanding	7.3	7.24	7.2	7.15
Total Common Shares Outstanding	7.3	7.24	7.2	7.15
Working Capital	-18.32	-18.23	-38.03	-76.08
Book Value Per Share	-1.60	-1.58	-4.18	-9.43
Tangible Book Value	-17.19	-16.89	-35.73	-74.84
Tangible Book Value Per Share	-2.36	-2.33	-4.96	-10.46
Machinery	1.02	0.98	0.96	1.13
Leasehold Improvements	0.39	0.39	0.39	0.39

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