Company: VEEAW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032215
Chunk: 930

Company: VEEA INC.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 3
Chunk 930
---
 Period  
    Costs
    as of January 1, 2024  
    Additions  
    Disposals  
    Ending
    Costs  
    Accumulated
    Amortization  
    Accumulated
    Impairment  
    Net
    Book Value 
  
    Patents 
    5-15 years  
    $7,332,227  
    $219,241  
    $              -  
    $7,506,485  
    $(6,765,407) 
    $-  
    $786,061 
  
    IPR&D 
    5 years  
     5,015,694  
     -  
     -  
     5,015,694  
     (3,554,784) 
     (1,460,910) 
     - 
  
    Other
    intellectual assets 
    5 years  
     969,278  
     -  
     -  
     969,278  
     (969,278) 
     -  
     - 
  
    Intangible
    assets, net 
       
    $13,317,199  
    $219,241  
    $-  
    $13,536,440  
    $(11,289,469) 
    $(1,460,910) 
    $786,061 

F-21

Veea
Inc. and Subsidiaries

Notes
to the Consolidated Financial Statements 

For
the Years ended December 31, 2024 and 2023

    As
    of December 31, 2023

    Amortization 
    Costs as of
    January 1,  

    Ending  
    Accumulated  
    Accumulated  
    Net Book 

    Period 
    2023  
    Additions  
    Disposals  
    Costs  
    Amortization  
    Impairment  
    Value 
  
    Patents 
    5-15 years 
    $7,220,776  
    $111,451  
    $              -  
    $7,332,227  
    $(6,703,750) 
    $-  
    $628,477