Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002716
Chunk: 228

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 228
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507,324 |
| Total                   |     | $                  |    36,731 |     | $    |   550,358 |
| Total long-lived assets |     | $                  | 6,347,633 |     | $    | 2,980,501 |

Refer to Note 3 - Summary of Significant Accounting Policies - Revenue Recognition for additional revenue information for geographic areas.

<div align='center'>F-33

Veea Inc. and Subsidiaries
Notes to Consolidated Financial Statements
Years Ended December 31, 2023 and 2022</div>

15 - INCOME TAXES

|          |     | Years ended December 31, 
 2023                     |             |   |     | 2022 |             |   |
|:---------|:----|:-------------------------|:------------|:--|:----|:-----|:------------|:--|
| Domestic |     | $                        | (9,557,067  | ) |     | $    | (27,041,252 | ) |
| Foreign  |     |                          | (6,081,522  | ) |     |      | (8,158,787  | ) |
| Net Loss |     | $                        | (15,638,589 | ) |     | $    | (35,200,039 | ) |

| Current tax provision            |     | Years ended December 31, 
 2023                     |        |     | 2022 |        |
|:---------------------------------|:----|:-------------------------|-------:|:----|:-----|-------:|
| Federal                          |     | $                        |      - |     | $    |      - |
| State and local                  |     |                          |  7,141 |     |      | 10,276 |
| Foreign                          |     |                          | 67,356 |     |      |  9,985 |
| Total current tax provision      |     |                          | 74,497 |     |      | 20,261 |
| Deferred tax provision           |     |                          |        |     |      |        |
| Federal                          |     |                          |      - |     |      |      - |
| State and local                  |     |                          |      - |     |      |      - |
| Foreign                          |     |                          |      - |     |      |      - |
| Total deferred tax