Company: VEEAW
Filing Date: 2025-08-14
Form Type: 424B4
Source: 0001213900-25-076086
Chunk: 245

Company: VEEA INC.
Filing Date: 2025-08-14
Form: 424B4
Chunk 245
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 |     |        |    - |   |     |                 |           - |   |     |        |    - |   |     |                           |          - |   |     |        |   - |   |     |              | 36,202,798 |     |        | 3,621 |     |            | 200,667,682 |   |     |             | (217,830,518 | ) |     |               |    134,391 |   |     |               | (17,024,824 | ) |

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

F-28

VEEA INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED DECEMBER 31, 2024 and 2023</div>

|                                                                              |     | For the year ended 
 December 31,       
 2024               |             |   |     | 2023 |             |   |
|:-----------------------------------------------------------------------------|:----|:-------------------|------------:|:--|:----|:-----|------------:|:--|
| Cash flows from operating activities                                         |     |                    |             |   |     |      |             |   |
| Net loss                                                                     |     | $                  | (47,547,768 | ) |     | $    | (15,638,589 | ) |
| Adjustments to reconcile net loss to net cash used for operating activities: |     |                    |             |   |     |      |             |   |
| Depreciation and amortization                                                |     |                    |     273,772 |   |     |      |     818,203 |   |
| Amortization of debt issuance costs                                          |     |                    |     287,316 |   |     |      |   2,010,298 |   |
| Loss on initial issuance of debt                                             |     |                    |   1,770,933 |   |     |      |           - |   |
| Change in fair value of convertible note option liability                    |     |                    |    (840,933 | ) |     |      |           - |   |
| Change in fair value of warrant liabilities                                  |     |                    |    (200,124 | ) |     |      |           - |   |
| Loss on initial issuance of Earn-out Share Liability