Company: VEEAW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-111013
Chunk: 6

Company: VEEA INC.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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 Common Stock to Plum Shareholders at Business Combination 
     603,077  
     60  
     (6,901,658) 

     (6,926,598)
  
    Issuance of Common Stock related to new financing 
     2,000,000  
     200  
     23,999,800  

     24,000,000 
  
    Common Stock issued for services 
     241,667  
     24  
     3,214,596  

     3,214,620 
  
    Common stock issued upon exercise of stock options, post Business Combination 
     25,000  
     2  
     (2) 
     -  
     -  
     - 
  
    Foreign currency translation loss 

     (1,597,335) 
     (1,597,335)
  
    Net loss 

     (33,323,555) 
     -  
     (33,323,555)
  
    Balance, September 30, 2024 
     35,686,757  
    $3,568  
    $210,665,277  
    $(216,903,369) 
    $(1,770,586) 
    $(8,005,110)

The accompanying notes are an integral part of
these unaudited condensed consolidated financial statements.

3

VEEA INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’
DEFICIT

(Unaudited)

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2025

    Common Stock  
    Additional Paid-in-  
    Accumulated  
    Accumulated Other Comprehensive  
    Total Stockholders’ 

    Shares  
    Amount  
    Capital  
    Deficit  
    Income  
    Deficit 
  
    Balance, December 31, 2024 
     36,202,798  
    $3,621  
    $200,667,682  
    $(217,830,518) 
    $134,391  
    $(17,024,824)
  
    Stock based compensation 

     759,123  

     759,123 
  
    Common stock issued in connection with public offering, net of