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VEEA INC.: 10-Q filed 2024-11-20

What VEEA INC. reported in its quarterly report filed 2024-11-20 (fiscal Q3 2024): 52 published measures, 154 facts as tagged in accession 0001213900-24-100269.

This filing

Form
10-Q (quarterly report)
Filed
2024-11-20
Fiscal period
fiscal Q3 2024
Accession
0001213900-24-100269 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All VEEA INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2024-09-3044,995,225USD
At 2023-12-3120,837,306USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2024-09-3053,000,335USD
At 2023-12-3132,304,436USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2024-09-30-8,005,110USD
At 2024-06-30-11,698,218USD
At 2024-03-31-5,024,243USD
At 2023-12-31-11,467,130USD
At 2023-09-30-26,461,423USD
At 2023-06-30-29,721,434USD
At 2023-03-31-21,519,860USD
At 2022-12-31-30,297,723USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2024-07-01 to 2024-09-30-33,323,555USD92
2024-01-01 to 2024-09-30-46,620,619USD274
2024-04-01 to 2024-06-30-7,278,070USD91
2024-01-01 to 2024-03-31-6,018,994USD91
2023-07-01 to 2023-09-301,961,799USD92
2023-01-01 to 2023-09-30-9,409,208USD273
2023-04-01 to 2023-06-30-7,070,774USD91
2023-01-01 to 2023-03-31-4,300,233USD90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2024-01-01 to 2024-09-30-19,829,558USD274
2023-01-01 to 2023-09-30-7,150,873USD273

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2024-01-01 to 2024-09-3033,439USD274
2023-01-01 to 2023-09-3015,651USD273

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2024-07-01 to 2024-09-3050,683USD92
2024-01-01 to 2024-09-30108,264USD274
2023-07-01 to 2023-09-309,009,254USD92
2023-01-01 to 2023-09-309,040,359USD273

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2024-01-01 to 2024-09-3016,536,728USD274
2023-01-01 to 2023-09-308,227,615USD273

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2024-01-01 to 2024-09-30-207,697USD274
2023-01-01 to 2023-09-30-99,241USD273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2024-09-30-216,903,369USD
At 2023-12-31-170,282,750USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2024-07-01 to 2024-09-3022,292,374shares92
2024-01-01 to 2024-09-3020,217,081shares274
2023-07-01 to 2023-09-3016,427,124shares92
2023-01-01 to 2023-09-3016,065,664shares273

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2024-07-01 to 2024-09-3022,292,374shares92
2024-01-01 to 2024-09-3020,217,081shares274
2023-07-01 to 2023-09-3016,427,124shares92
2023-01-01 to 2023-09-3016,065,664shares273

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2024-07-01 to 2024-09-30-1.49USD/shares92
2024-01-01 to 2024-09-30-2.31USD/shares274
2023-07-01 to 2023-09-300.12USD/shares92
2023-01-01 to 2023-09-30-0.59USD/shares273

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2024-07-01 to 2024-09-30-1.49USD/shares92
2024-01-01 to 2024-09-30-2.31USD/shares274
2023-07-01 to 2023-09-300.12USD/shares92
2023-01-01 to 2023-09-30-0.59USD/shares273

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2024-09-30252,153USD
At 2023-12-31376,667USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2024-01-01 to 2024-09-30394,234USD274
2023-01-01 to 2023-09-30404,761USD273

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2024-07-01 to 2024-09-30-57,497,381USD92
2024-01-01 to 2024-09-30-69,896,852USD274
2023-07-01 to 2023-09-303,353,440USD92
2023-01-01 to 2023-09-30-5,210,771USD273

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2024-09-3038,163,856USD
At 2023-12-3113,952,204USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2024-09-3021,004,051USD
At 2023-12-3132,185,012USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2024-09-301,638,738USD
At 2023-12-311,077,898USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2024-09-305,076,791USD
At 2024-06-304,793,149USD
At 2024-03-314,813,234USD
At 2023-12-314,797,078USD
At 2023-09-304,626,274USD
At 2023-06-304,811,901USD
At 2023-03-314,557,782USD
At 2022-12-314,576,572USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2024-09-30757,697USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2024-07-01 to 2024-09-3057,533,067USD92
2024-01-01 to 2024-09-3069,947,429USD274
2023-07-01 to 2023-09-305,631,507USD92
2023-01-01 to 2023-09-3014,203,967USD273

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2024-09-307,977,277USD
At 2023-12-317,375,621USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2024-07-01 to 2024-09-3035,686USD92
2024-01-01 to 2024-09-3050,577USD274
2023-07-01 to 2023-09-308,984,947USD92
2023-01-01 to 2023-09-308,993,196USD273

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2024-07-01 to 2024-09-30356,761USD92
2024-01-01 to 2024-09-301,152,930USD274
2023-07-01 to 2023-09-30185,764USD92
2023-01-01 to 2023-09-30676,603USD273

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2024-09-3035,686,757shares
At 2023-12-3119,635,912shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2024-09-302,802,970USD
At 2023-12-316,010,075USD
At 2023-09-301,164,606USD
At 2022-12-31185,881USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2024-09-30210,665,277USD
At 2023-12-31159,475,010USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2024-09-30-1,770,586USD
At 2023-12-31-661,354USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2024-09-30204,915USD
At 2023-12-31545,411USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2024-09-30211,345USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2024-06-3012,745,648USD
At 2023-12-3123,870,993USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2024-09-301,415,712USD
At 2023-12-311,374,606USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2024-09-301,163,559USD
At 2023-12-31997,939USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2024-09-30757,697USD
At 2023-12-31628,477USD
At 2023-09-30628,477USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2024-09-306,249,523USD
At 2023-12-314,741,495USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2024-09-305,618,900USD
At 2023-12-31513,670USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2024-01-01 to 2024-09-30-46,620,619USD274
2023-01-01 to 2023-09-30-9,409,208USD273

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2024-07-01 to 2024-09-30-34,920,890USD92
2024-01-01 to 2024-09-30-47,729,851USD274
2023-07-01 to 2023-09-302,856,033USD92
2023-01-01 to 2023-09-30-9,527,958USD273

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2024-07-01 to 2024-09-301,989,095USD92
2024-01-01 to 2024-09-3013,091,503USD274
2023-07-01 to 2023-09-305,232,482USD92
2023-01-01 to 2023-09-3012,493,928USD273

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2024-07-01 to 2024-09-3056,000USD92
2024-01-01 to 2024-09-30166,000USD274
2023-07-01 to 2023-09-3064,000USD92
2023-01-01 to 2023-09-30181,000USD273

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2024-07-01 to 2024-09-3011,000USD92
2024-01-01 to 2024-09-3039,000USD274
2023-07-01 to 2023-09-30534,000USD92
2023-01-01 to 2023-09-30553,000USD273

Nonoperating interest expense

Interest expense presented outside operating results. It differs from total interest expense when some borrowing cost is classified as operating or capitalized.

PeriodValueUnitDays
2024-07-01 to 2024-09-30451,881USD92
2024-01-01 to 2024-09-301,352,823USD274
2023-07-01 to 2023-09-301,789,617USD92
2023-01-01 to 2023-09-304,425,764USD273

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2024-07-01 to 2024-09-308,739USD92
2024-01-01 to 2024-09-3021,398USD274
2023-07-01 to 2023-09-30397,976USD92
2023-01-01 to 2023-09-30242,461USD273

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2024-07-01 to 2024-09-3024,173,826USD92
2024-01-01 to 2024-09-3023,276,233USD274
2023-07-01 to 2023-09-30-1,391,641USD92
2023-01-01 to 2023-09-30-4,198,437USD273

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2024-01-01 to 2024-09-30504,431USD274
2023-01-01 to 2023-09-30353,025USD273

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2024-01-01 to 2024-09-309,961,356USD274

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2024-01-01 to 2024-09-30269,915USD274
2023-01-01 to 2023-09-30395,619USD273

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2024-01-01 to 2024-09-3031,736USD274
2023-01-01 to 2023-09-3023,651USD273

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2024-01-01 to 2024-09-30602,235USD274
2023-01-01 to 2023-09-30-49,595USD273

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2024-01-01 to 2024-09-30793,161USD274
2023-01-01 to 2023-09-30-1,732,713USD273

Inspect the source

Entity
VEEA INC. / CIK 0001840317
Captured
2026-09-21T17:37:25.217Z
SEC response SHA-256
6ea8e8e91a90d14f46a23811cbe454c6eb21f0fc6e5c6c1a0412e4189fcb64a3

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001840317.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))