Company: VEEAW
Filing Date: 2025-08-14
Form Type: 424B4
Source: 0001213900-25-076086
Chunk: 267

Company: VEEA INC.
Filing Date: 2025-08-14
Form: 424B4
Chunk 267
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   |    390,742 |   |     |   |   390,742 |   |
| Total property and equipment    
 gross                           |     |   |  1,420,030 |   |     |   | 1,374,606 |   |
| Less - Accumulated depreciation |     |   | (1,209,401 | ) |     |   |  (997,939 | ) |
| Total property and equipment    
 net                             |     | $ |    210,629 |   |     | $ |   376,667 |   |

Total depreciation expense for the years ended December 31, 2024 and 2023, totaled approximately $212,000 and $226,000, respectively.

<div align='center'>F-43

Veea Inc. and Subsidiaries

Notes to the Consolidated Financial Statements

For the Years ended December 31, 2024 and 2023</div>

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consist of the following:

|                                      |     |   |  December 
       31, 
      2024 |     |   |  December 
       31, 
      2023 |
|:-------------------------------------|:----|:--|----------:|:----|:--|----------:|
| Payroll and payroll related expenses |     | $ |   605,138 |     | $ |   503,629 |
| Rent expenses - related party        |     |   | 3,657,000 |     |   | 3,124,800 |
| Legal expenses                       |     |   |   783,695 |     |   |   325,000 |
| Consulting expenses                  |     |   |    80,917 |     |   |   268,684 |
| CEO expenses                         |     |   |         - |     |   |   179,075 |
| Other accrued expenses               
 and current liabilities              |     |   |   442,572 |     |   |   340,307 |
| Total accrued expenses               
 and other current liabilities        |     | $ | 5,569,322 |     | $ | 4,741,495 |

6 - GOODWILL AND INTANGIBLE ASSETS

Goodwill

The following is a summary of activity in goodwill:

| Balance at December 31, 2022