Veea Inc. (VEEA)
Nasdaq: VEEA · Services-Computer Integrated Systems Design · New York, NY · filing with the SEC since 2021
Income statement, as filed
In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Report filed | Apr 15, 2026 | Apr 15, 2025 | Mar 1, 2024 | Apr 17, 2023 | Apr 22, 2022 |
| Revenue | 222,018 | 141,760 | 9,072,130 | · | · |
| For lenders | |||||
| Interest and dividend income | · | · | · | 0 | 2 |
| Interest and investment income | · | · | 1,942r | 4,679,040 | 16,262 |
| Cost of revenue | 69,981 | 83,290 | 466,802 | · | · |
| Gross profit | 152,037 | 58,470 | 8,605,328 | · | · |
| Research and development | 328,422 | 1,373,351 | 693,448 | · | · |
| Sales and marketing | 349,004 | 811,537 | 215,332 | · | · |
| General and administrative | 17,652,467 | 26,638,816 | 17,238,184 | · | · |
| Total operating expenses | 18,987,372 | 84,136,020 | 18,965,167 | · | · |
| Total costs and expenses | · | 1,438,544 | 3,098,285 | 4,074,437 | · |
| Operating income | -18,835,335 | -84,077,550 | -10,359,839r | -4,074,437 | -2,916,919 |
| Interest expense | 2,202,220 | 1,808,243 | 5,318,817 | · | · |
| Total non-operating income (expense) | 12,175,297 | 36,529,782 | -5,278,750r | 14,652,562 | 9,510,936 |
| Income tax expense | 670 | 15,325 | 74,497 | · | · |
| Net income | -6,660,038 | -47,547,768 | -15,638,589r | 10,578,125 | 6,594,017 |
| Net income to common shareholders | -6,660,038 | -47,457,768 | · | · | · |
| Earnings per share, basic | -0.16 | -1.88 | -0.97 | · | · |
| Earnings per share, diluted | -0.16 | -1.88 | -0.97 | · | · |
| Weighted average shares, basic | 42,806,029 | 25,257,473 | 16,154,794 | · | · |
| Weighted average shares, diluted | 42,806,029 | 25,257,473 | 16,154,794 | · | · |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenuesInterest and dividend income what its loans and securities earned
us-gaap:InterestIncomeOperatingInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSoldGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSales and marketing the cost of finding and serving customers
us-gaap:SellingAndMarketingExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:OperatingCostsAndExpenses
us-gaap:CostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperatingTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding