Name: Veea Inc. (VEEA) Balance Sheet
Creator: FinSpry

Veea Balance Sheet Analysis

Assets, liabilities, and stockholders equity in millions USD

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Balance sheet showing assets, liabilities, and shareholders' equity for Veea Inc. (VEEA) - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Current Assets
Cash and Cash Equivalents	1.69	6.01	0.19	0.95
Cash & Short-Term Investments	1.69	6.01	0.19	0.95
Accounts Receivable	0.08	0.05	0.02	0.00
Inventory	12.46	7.38	7.55	4.72
Other Current Assets	0.31	0.18	0.12	1.86
Total Current Assets	14.88	13.95	7.88	7.54
Non-Current Assets
Property, Plant & Equipment (Net)	0.33	0.92	1.92	2.89
Long-Term Investments	0.24	0.45	0.63	0.61
Goodwill	4.78	4.80	4.58	5.12
Intangible Assets	0.79	0.63	1.06	2.25
Other Non-Current Assets	0.09	0.09	0.10	0.13
Total Non-Current Assets	6.17	13.53	0.00	0.00
Total Assets	21.09	20.84	16.16	18.53
Current Liabilities
Accounts Payable	1.29	1.08	4.40	1.70
Short-Term Debt	12.70	21.60	33.42	69.55
Current Portion of Long-Term Debt	12.70	21.60	33.42	69.55
Accrued Liabilities	5.57	7.01	7.23	11.27
Other Current Liabilities	0.45	2.05	0.00	0.25
Total Current Liabilities	20.14	32.19	45.91	83.62
Non-Current Liabilities
Long-Term Debt	0.10	0.12	0.00	1.22
Other Non-Current Liabilities	17.89	0.00	0.00	0.00
Total Non-Current Liabilities	17.98	0.12	0.00	0.00
Total Liabilities	38.12	32.30	46.46	86.18
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00
Retained Earnings	-217.83	-170.28	-154.64	-119.48
Accumulated Other Comprehensive Income	0.13	-0.66	0.77	-0.56
Additional Paid-in Capital	200.67	159.48	0.00	0.00
Shares Outstanding	36.20	35.62	0.00	0.00
Total Stockholders' Equity	-17.02	-11.47	-30.30	-67.65
Total Liabilities & Equity	21.09	20.84	0.00	0.00