VEEA INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | — | $222.0K | $141.8K | $9.1M | — | — |
| Cost of Revenue | — | $70.0K | $83.3K | $466.8K | — | — |
| Gross Profit | — | $152.0K | $58.5K | $8.6M | — | — |
| Gross Margin | — | 68.5% | 41.2% | 94.9% | — | — |
| Operating Expenses | ||||||
| Research & Development | — | $328.4K | $1.4M | $693.4K | — | — |
| SG&A Expense | — | $17.7M | $26.6M | $17.2M | — | — |
| Operating Income | — | $-18.8M | $-84.1M | $-10.4M | $-4.1M | $-2.9M |
| Operating Margin | — | -8,483.7% | -59,309.8% | -114.2% | — | — |
| Interest Expense | — | — | $63.7K | $78.1K | — | — |
| Pretax Income | — | — | — | — | — | — |
| Income Tax Expense | — | $670 | $15.3K | $74.5K | — | — |
| Net Income | — | $-6.7M | $-47.5M | $-15.6M | $10.6M | $6.6M |
| Net Margin | — | -2,999.8% | -33,541.0% | -172.4% | — | — |
| EPS (Basic) | — | $-0.16 | $-1.88 | $-0.97 | — | — |
| EPS (Diluted) | — | $-0.16 | $-1.88 | $-0.97 | — | — |
| Shares Outstanding (Basic) | 50.4M | 42.8M | 25.3M | 16.2M | — | — |
| Shares Outstanding (Diluted) | 50.4M | 42.8M | 25.3M | 16.2M | — | — |
| Dividends Per Share | — | — | — | — | — | — |