Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003892
Chunk: 201

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 201
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 |         |     | Disposals |   |     | Ending 
 Cost   |            |     | Accumulated  
 Amortization |             |   |     | Accumulated 
 Impairment  |            |   |     | Net Book 
 Value    |           |
| Patents                   |     | 5 - 15 years            |     | $         |  7,002,280 |     | $         | 218,496 |     |           | - |     | $      |  7,220,776 |     | $            | (6,156,164  | ) |     | $           | -          |   |     | $        | 1,064,612 |
| 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    |     |                         |     | $         | 12,987,252 |     | $         | 218,496 |     | $         | - |     | $      | 13,205,748 |     | $            | (10,680,226 | ) |     | $           | (1,460,910 | ) |     | $        | 1,064,612 |

Intangible assets primarily
consist of patents, patent applications, and in-process research and development (“IPR&D”) and other identifiable intangible
assets. Intangible assets are generally amortized on a straight-line basis over the periods of benefit. The Company’s patents have
estimated remaining economic useful lives ranging from 5-15 years. Management reviews intangible assets for impairment when
events and circumstances warrant. During the year ended December 31, 2023, no events have occurred that required impairment of intangible
assets.

Intangible asset