Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002716
Chunk: 186

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 186
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 - |     |        |   - |     |        |         - |     |        |  - |     |            |           - |     |             | -            |   |     |               |          - |   |     |             |  205,564 |   |     |               |     205,564 |   |
| Net                                                       
 Loss                                                      |     |                 |          - |     |        |   - |     |                 |          - |     |        |   - |     |                 |          - |     |        |   - |     |        |         - |     |        |  - |     |            |           - |     |             | (15,638,589  | ) |     |               |          - |   |     |             |        - |   |     |               | (15,638,589 | ) |
| Balance,                                                  
 December 31, 2023                                         |     |                 | 12,660,067 |     | $      | 126 |     |                 | 40,569,493 |     | $      | 405 |     |                 | 35,920,813 |     | $      | 359 |     |        | 7,243,514 |     | $      | 72 |     | $          | 159,476,012 |     | $           | (170,282,750 | ) |     | $             |   (661,354 | ) |     | $           |        - |   |     | $             | (11,467,130 | ) |

<div align='center'>The accompanying notes are an integral part of these financial statements

F-7

Veea Inc. and Subsidiaries
Consolidated Statements of Cash Flows
Years Ended December 31, 2023 and 2022</div>

| Cash flows from operating activities                             |     | Years ended December 31, 
 2023                     |             |   |     | 2022 |             |   |
|:-----------------------------------------------------------------|:----|:-------------------------|------------:|:--|:----|:-----|------------:|:--|
| Net loss                                                         |     | $                        | (15,638,589 | ) |     | $    | (35,200,039 | ) |
| Adjustments to reconcile net loss to net cash used for operating 
 activities: