Company: VEEAW
Filing Date: 2025-01-10
Form Type: S-1/A
Source: 0001213900-25-002701
Chunk: 224

Company: VEEA INC.
Filing Date: 2025-01-10
Form: S-1/A
Chunk 224
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 |     | 2022   
 Amount |         |     | Percent |       |   |
|:-------------------|:----|:-------------------------|----------:|:----|:--------|----:|:--|:----|:-------|--------:|:----|:--------|------:|:--|
| Americas           |     | $                        |    52,133 |     |         |   1 | % |     | $      | 175,327 |     |         | 78.30 | % |
| EMEA               |     |                          |     1,275 |     |         |   0 | % |     |        |  14,363 |     |         |  6.40 | % |
| APAC               |     |                          |    18,721 |     |         |   0 | % |     |        |  34,362 |     |         | 15.30 | % |
| Hong Kong          |     |                          | 9,000,000 |     |         |  99 | % |     |        |       - |     |         |     - |   |
| Total revenue, net |     | $                        | 9,072,129 |     |         | 100 | % |     | $      | 224,052 |     |         |   100 | % |

Major Customers

For the year ended December 31, 2023 one customer
accounted for % of the Company’s revenue. For the year ended December 31, 2022, no customer accounted for % or more of
the Company’s revenue.

Long-lived Assets

The majority of the Company’s assets as of
December 31, 2023 and 2022 were attributable to its U.S. operations. The Company’s long-lived assets are based on the
physical location of the assets.

| Long-Lived Assets       
 United States           |     | As of December 31, 
 2023               |           |     | 2022 |           |
|:------------------------|:----|:-------------------|----------:|:----|:-----|----------:|
| ROU Asset               |     | $                  |   545,411 |     | $    | 1,338,620 |
| PP&E, net               |     |                    |   339,936 |     |      |   534,235