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VEEA on Nasdaq

VEEA INC.

VEEA INC. is an American computer integrated systems design services company.1 It is headquartered in New York, New York.1

$4.75 down 0.35 (6.95%)Price as of Oct 15, 2026 at 17:33 UTC

Last updated Oct 21, 2026.

Overview

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  • TickerVEEA on Nasdaq1
  • IndustryServices-Computer Integrated Systems Design1
  • HeadquartersNew York, New York1
  • Incorporated inDE3
  • Business address164 E. 83Rd Street, New York, Ny 100283
  • Filer category, Emerging growth company3

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Service Providers (“ ISPs ”), Managed Service Providers (“ MSPs ”), system integrators and major distributors.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

68.5%Gross margin5
-8483.7%Operating margin5
-2999.8%Net margin5
56.6%Revenue growth, 20255
-$15.2MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue18¢$70.0K
  • Research and development82¢$328.4K
  • Income tax0¢$670

Out of $222.0K in revenue.5 The company lost money this year.

Financial statements

Revenue65$222.0K in 2025−98% since 2023
0$2.5M$5.0M$7.5M$10.0M2023: $9.1M$9.1M20232024: $141.8K$141.8K2024−98%2025: $222.0K$222.0K2025+57%
Gross profit65$152.0K in 2025−98% since 2023
0$2.5M$5.0M$7.5M$10.0M2023: $8.6M$8.6M20232024: $58.5K$58.5K2024−99%2025: $152.0K$152.0K2025+160%
Operating income7865-$18.8M in 2025+546% since 2021
-$100.0M-$75.0M-$50.0M-$25.0M02021: -$2.9M-$2.9M20212022: -$4.1M-$4.1M2022+40%2023: -$10.4M-$10.4M2023+154%2024: -$84.1M-$84.1M2024+712%2025: -$18.8M-$18.8M2025−78%
Net income7865-$6.7M in 2025
-$60.0M-$40.0M-$20.0M0$20.0M2021: $6.6M$6.6M20212022: $10.6M$10.6M2022+60%2023: -$15.6M-$15.6M20232024: -$47.5M-$47.5M2024+204%2025: -$6.7M-$6.7M2025−86%

Every line of the income statement as filed: the last 2 fiscal years, latest first.5

Period ending2025-12-312024-12-31
Sales, net$222.0K$141.8K
Cost of goods sold$70.0K$83.3K
Gross profit$152.0K$58.5K
Product development$328.4K$1.4M
Sales and marketing$349.0K$811.5K
General and administrative$17.7M$26.6M
Transaction costs$25.0K$55.0M
Depreciation and amortization$632.5K$273.8K
Total operating expenses$19.0M$84.1M
Loss from operations-$18.8M-$84.1M
Other income-$5.5K$21.4K
UK R&D tax credit$1.2M$1.3M
Loss on initial issuance of convertible note-$1.8M
Change in fair value of convertible note option liability$60.0K$840.9K
Change in fair value of warrant liabilities$360.7K$200.1K
Change in fair value of Earn-out Share Liability$13.0M$38.0M
Other expense-$256.6K-$244.7K
Interest expense-$2.2M-$1.8M
Total other income$12.2M$36.5M
Net loss-$6.7M-$47.5M
Basic (in Dollars per share)-$0.16-$1.88
Diluted (in Dollars per share)-$0.16-$1.88
Basic (in Shares)42.8M shares25.3M shares
Diluted (in Shares)42.8M shares25.3M shares
Foreign currency translation adjustment-$1.4M$795.7K
Comprehensive loss-$8.0M-$46.8M

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Corporate structure

VEEA INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of VEEA INC.

  • VEEA INC. New York, New York

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What VEEA INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$1.4M5 Dec 31, 2025$1.4M5 Dec 31, 2024+1.4%
Accumulated depreciation$1.3M5 Dec 31, 2025$1.2M5 Dec 31, 2024+11.4%
Property and equipment, net$91.8K5 Dec 31, 2025$210.6K5 Dec 31, 2024−56.4%
Operating-lease assets (leased space)$117.4K6 Dec 31, 2024$545.4K6 Dec 31, 2023−78.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.7M6 Dec 31, 2024$6.0M6 Dec 31, 2023−72.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$5.1M5 Dec 31, 2025$4.8M5 Dec 31, 2024+6.7%
Intangible assets, net (excluding goodwill)$7.4M5 Dec 31, 2025$786.1K5 Dec 31, 2024+844.8%
Finite-lived intangibles, gross$7.6M5 Dec 31, 2024$13.3M5 Dec 31, 2023−43.3%
Accumulated amortization-$7.3M5 Dec 31, 2025-$11.3M5 Dec 31, 2024+35.6%
Finite-lived intangibles, net$7.4M5 Dec 31, 2025$786.1K6 Dec 31, 2024+844.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$9.7M5 Dec 31, 2025$7.5M5 Dec 31, 2024+29.4%

Properties, in its own words

We are headquartered in New York City, New York. We have engineering offices in Iselin, New Jersey; Bath, United Kingdom; Juvigny, France and San Diego, California. We also maintain a sales and marketing office in Paris, France and Mexico City, Mexico.

Item 2 of the 10-K filed Apr 15, 2026.4

Leadership

Who has led VEEA INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Allen Salmasi2024–now

Chair

  1. Ursula Burns2021

President

  1. Kanishka Roy2021

Chief financial officer

  1. Janice K. Smith2024–now

Chief operating officer

  1. Janice K. Smith2024–now
2025
Board members and other officers (18)

Former names

  • Plum Acquisition Corp. IFeb 1, 2021 to Sep 18, 20243

Timeline

  1. Oct 9, 20268-K Executive or director change; Other events30
  2. Oct 6, 20268-K Other events31
  3. Oct 2, 20268-K Entered a material agreement; New debt or obligation32
  4. Sep 16, 20268-K Other events33
  5. Aug 26, 20268-K Entered a material agreement; New debt or obligation; Change to shareholders' rights34
  6. Aug 18, 20268-K Entered a material agreement; New debt or obligation; Executive or director change35
  7. Aug 13, 20268-K Entered a material agreement36
  8. Aug 10, 20268-K Entered a material agreement; New debt or obligation37
  9. Aug 5, 20268-K Entered a material agreement; New debt or obligation; Executive or director change38
  10. Jun 26, 20268-K Entered a material agreement; Unregistered sale of shares; Bylaws or fiscal year changed39
  11. Jun 11, 20268-K Entered a material agreement; Unregistered sale of shares40
  12. Jun 4, 20268-K Executive or director change41
  13. Sep 30, 2024New chief executive Allen Salmasi becomes CEO12

Calendar

Coming up

  1. Nov 13, 2026Reports results for the quarter ending Sep/202642

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

233 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 60 major events, 24 insider forms, 17 large holders, 111 other. The latest 20:

  1. Oct 9, 20268-K CURRENT REPORT EDGAR
  2. Oct 6, 20268-K CURRENT REPORT EDGAR
  3. Oct 2, 20268-K CURRENT REPORT EDGAR
  4. Sep 16, 20268-K CURRENT REPORT EDGAR
  5. Aug 26, 20268-K CURRENT REPORT EDGAR
  6. Aug 18, 20268-K/A AMENDMENT NO. 1 TO FORM 8-K EDGAR
  7. Aug 13, 20268-K CURRENT REPORT EDGAR
  8. Aug 13, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
  9. Aug 12, 202610-Q QUARTERLY REPORT EDGAR
  10. Aug 10, 20268-K CURRENT REPORT EDGAR
  11. Aug 5, 20268-K CURRENT REPORT EDGAR
  12. Jul 1, 2026EFFECT EDGAR
  13. Jun 26, 2026S-3 REGISTRATION STATEMENT EDGAR
  14. Jun 26, 20268-K CURRENT REPORT EDGAR
  15. Jun 11, 20268-K CURRENT REPORT EDGAR
  16. Jun 4, 20268-K CURRENT REPORT EDGAR
  17. Jun 4, 20268-K CURRENT REPORT EDGAR
  18. May 22, 20268-K CURRENT REPORT EDGAR
  19. May 15, 202610-Q QUARTERLY REPORT EDGAR
  20. May 12, 2026EFFECT EDGAR

The 233 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How VEEA INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARVEEA INC.1
  • CIK0001840317
  • Employer ID (EIN)98-15773534
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsDecember 311
  • Industry code (SIC)7373 Services-Computer Integrated Systems Design1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address164 E. 83Rd Street, New York, NY 100281
  • Phone(212) 535-60501
  • Shares outstanding62,214,156 as of Aug 10, 202610
  • Public float$40.0M as of Jun 30, 20254
  • AuditorPKF O’Connor Davies, LLP, New York, New York PCAOB ID 127; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceFeb 1, 20211
  • Filings271 in all: 8-K (64), 425 (24), 3 (21), 4 (20), 10-Q (17), CORRESP (15), UPLOAD (13), NT 10-Q (10)1
    All 40 form types

    EFFECT (9), S-1/A (7), SC 13G/A (6), 10-K (5), DEF 14A (5), S-1 (5), S-4/A (5), SC 13G (5), 424B3 (4), NT 10-K (4), PRE 14A (4), SCHEDULE 13G (3), 424B4 (2), DEFA14A (2), DRS (2), POS AM (2), S-8 (2), 10-Q/A (1), 25-NSE (1), 424B5 (1), 8-A12B (1), 8-K/A (1), CERT (1), DEL AM (1), PRER14A (1), S-1MEF (1), S-3 (1), S-4 (1), SC 13D (1), SCHEDULE 13D (1), SCHEDULE 13D/A (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (10-K) Apr 15, 2026
    Quarterly report (10-Q) Aug 12, 2026
    Proxy statement (DEF 14A) Dec 4, 2025
    Latest 8-K (8-K) Oct 9, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.0001 per shareVEEAThe Nasdaq Stock Market LLC
Warrants, each exercisable for one share of Common Stock at a price of $11.50, subject to adjustmentVEEAWThe Nasdaq Stock Market LLC

From the cover page of the 10-K filed Apr 15, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks VEEA INC. names in Item 1A of its 10-K filed Apr 15, 2026: 73 risks under these headings, as written.4

  • Risks Related to Our Limited Operating History, Financial Position, and Capital Requirements
  • Veea has incurred significant losses in recent years and may continue to incur significant losses in the near term.
  • Veea has not generated any significant revenue from product sales since 2024.
  • Veea will need to raise substantial additional funding. If Veea is unable to raise capital when needed or on terms acceptable to Veea, it would be forced to delay, reduce, or eliminate some of its product development programs or commercialization efforts.
  • Raising additional capital may cause dilution to Veea’s stockholders, restrict its operations or require it to relinquish rights to its technologies or products.
  • Risks Related to Our Business, Industry and Technology
  • The market for Veea’s platform and products is relatively new, and may decline or experience limited growth, and Veea’s business is dependent on its clients’ continuing adoption and use of its services and products.
  • The estimates of market opportunity and forecasts of market growth may prove to be inaccurate, and any real or perceived inaccuracies may harm our reputation and negatively affect our business. Even if the market in which we compete achieves the forecasted growth, our business could fail to grow at similar rates, if at all.
  • Veea may be unable to effectively manage growth.
  • If Veea does not develop enhancements to its services and introduce new services that achieve market acceptance, its growth, business, results of operations and financial condition could be adversely affected.
  • Competition may impact Veea’s results and its ability to operate profitably.
  • Veea’s sales efforts involve considerable time and expense and its sales cycle is often long and unpredictable.
The other 62 risks
  • Veea’s ability to sell its platform and satisfy its customers is dependent on the quality of its services, and its failure to offer high quality services could have a material adverse effect on its sales and results of operations.
  • Real or perceived errors, failures, defects, or bugs in Veea’s platforms could adversely affect its results of operations and growth prospects.
  • Veea bears costs and risks associated with relying on distribution and partnering arrangements.
  • Any disruption of Veea’s operations, whether due to natural or political events, may be highly damaging to the operation of Veea’s business.
  • Veea’s operations are complex and rely on third party manufacturers. If critical components used in Veea’s products become scarce or unavailable, Veea may incur delays in delivering its products and providing services, which could damage its business. Veea relies on a sustainable supply chain. Any issues with this supply chain could adversely affect daily business operations and profitability.
  • Veea relies on third-party telecommunications and internet service providers, and any failure by these service providers to provide reliable services could cause Veea to lose customers and subject it to claims for credits or damages, among other things.
  • Veea depends on its management team and other key employees, and the loss of one or more of these employees or an inability to attract and retain highly skilled employees could adversely affect its business.
  • Veea may not be successful in continuing to attract and retain highly qualified employees to remain competitive.
  • Veea’s management team has limited experience managing a public company and regulatory compliance may divert their attention from the day-to-day management of Veea’s business.
  • Global economic conditions could materially adversely impact demand for Veea’s products and services.
  • Veea’s operations in foreign countries expose us to certain risks inherent in doing business internationally, which may adversely affect Veea’s business, results of operations or financial condition.
  • Changes in international trade policies, tariffs and treaties affecting imports and exports may have a material adverse effect on our business operations and prospects.
  • Disruptions to the global supply chain may affect the timely manufacture and delivery of products.
  • Ongoing geopolitical and trade uncertainty from a range of factors may have a material adverse impact on Veea’s business, operations, business prospects and consequently on operating results, financial conditions and Veea’s ability to meet Veea’s targets.
  • If Veea fails to maintain effective internal control over financial reporting or identify a material weakness or significant deficiency in its internal control over financial reporting, Veea’s ability to report its financial condition and results of operations in a timely and accurate manner could be adversely affected, investor confidence in Veea company could diminish, and the value of its stock may decline.
  • Risks Related to Our Intellectual Property
  • If Veea is unable to obtain and maintain patent protection for Veea’s products and other proprietary technologies Veea develops, or if the scope of the patent protection obtained is not sufficiently broad, Veea’s competitors could develop and commercialize products and technology similar or identical to Veea’s, and Veea’s ability to successfully commercialize Veea’s products and other proprietary technologies Veea may develop may be adversely affected.
  • Veea may not be able to protect Veea’s intellectual property rights throughout the world.
  • Issued patents covering products Veea may develop could be found invalid or unenforceable if challenged in court or before administrative bodies in the U.S. or abroad.
  • Obtaining and maintaining Veea’s patent protection depends on compliance with various procedural, document submission, fee payment, and other requirements imposed by government patent agencies, and Veea’s patent protection could be reduced or eliminated for non-compliance with these requirements.
  • Changes in patent law in the U.S. or worldwide could diminish the value of patents in general, thereby impairing Veea’s ability to protect any products Veea may develop and Veea’s technology.
  • Veea may be subject to claims challenging the inventorship or ownership of Veea’s patent and other intellectual property rights.
  • Veea may be subject to claims that Veea’s employees, consultants or advisors have wrongfully used or disclosed alleged trade secrets of their current or former employers or claims asserting ownership of what Veea regards as Veea’s own intellectual property.
  • Third-party claims of intellectual property infringement, misappropriation or other violations against us or Veea’s collaborators may prevent or delay the development and commercialization of Veea’s products and other proprietary technologies Veea may develop.
  • Veea may become involved in lawsuits to protect or enforce Veea’s patents and other intellectual property rights, which could be expensive, time-consuming and unsuccessful.
  • If Veea’s trademarks and trade names are not adequately protected, then Veea may not be able to build name recognition in Veea’s markets of interest and Veea’s business may be adversely affected.
  • Risks Related to Cybersecurity and Data Privacy
  • If Veea’s security measures are breached or fail and unauthorized access is obtained to a customer’s data, Veea’s service may be perceived as insecure, the attractiveness of its services to current or potential customers may be reduced, and Veea may incur significant liabilities.
  • Cybersecurity incidents may have a material adverse effect on Veea’s business, operations, financial performance, customer and vendor relationships, reputation and brand, and may introduce the possibility of litigations or regulatory investigations or actions.
  • The presence of vulnerabilities in Veea’s products, services or operations, may not be detected during product development and operations, and may be leveraged by a threat actor to cause material harm to Veea or Veea’s customers.
  • Veea, Veea’s partners, and others who use Veea’s services obtain and process a large amount of sensitive data. Any real or perceived improper or unauthorized use of, disclosure of, or access to such data could harm Veea’s reputation as a trusted brand, as well as have a material and adverse effect on Veea’s business.
  • Risks Related to Compliance with Law, Government Regulation and Litigation
  • Veea could experience penalties and adverse rulings in enforcement or other proceedings for non-compliance with laws, rules and regulations governing its business (e.g., frequency certifications).
  • Veea is subject to certain US, international laws, rules, policies and other obligations, including anti-corruption (including anti-bribery, anti-money-laundering, sanctions, terror finance and anti-terrorism) laws, rules and regulations.
  • Veea could be subject to additional tax liabilities.
  • Veea could become involved in lawsuits, legal proceedings and investigations which, if determined unfavorably, could require Veea to pay substantial damages, fines and/or penalties.
  • Veea may fail to comply with environmental, social and governance standards, which could negatively affect Veea, including its reputation, business, financial condition, results of operations, cash flows or prospects.
  • Our business, operating results and financial condition could be materially harmed by evolving regulatory uncertainty or obligations applicable to our products and services.
  • Risks Related to our Common Stock
  • Our failure to meet the listing standards of the Nasdaq could result in the delisting of our common stock and public warrants. Delisting could adversely affect the liquidity and the market price of our common stock could decrease, and our ability to obtain sufficient additional capital to fund our operations and to continue to operate as a going concern would be substantially impaired.
  • The price of Veea’s common stock may change, even if Veea’s business is doing well, and you could lose all or part of your investment as a result.
  • On January 10, 2025 and January 29, 2026, Veea filed registration statements on Form S-8 with the SEC. Veea’s issuances of additional shares of the common stock under the 2024 Incentive Plan could make it difficult for another company to acquire Veea, may dilute your ownership of Veea and could adversely affect price of the common stock.
  • Future sales, or the perception of future sales, by Veea or its stockholders in the public market could cause the market price for shares of the common stock to decline, even if Veea’s business is doing well.
  • As a public reporting company, Veea is subject to rules and regulations established from time to time by the SEC regarding its internal controls over financial reporting. If Veea fails to establish and maintain effective internal controls over financial reporting and disclosure controls and procedures, it may not be able to accurately report its financial results or report them in a timely manner, which could adversely affect Veea’s business.
  • Veea incurs increased costs as a result of being a public company.
  • Veea is an “emerging growth company” and a “smaller reporting company” within the meaning of the Securities Act, and if Veea takes advantage of certain exemptions from disclosure requirements available to “emerging growth companies” or “smaller reporting companies,” this could make its securities less attractive to investors and may make it more difficult to compare its performance with other public companies.
  • A significant portion of Veea’s total outstanding shares may be sold into the market at any time. This could cause the market price of the common stock to drop significantly, even if Veea’s business is doing well.
  • Veea’s directors, executive officers and principal stockholders have substantial control over Veea, which could limit Veea’s ability to influence the outcome of key transactions, including a change of control.
  • Warrants exercised for Veea’s common stock would increase the number of shares eligible for future resale in the public market and result in dilution to its stockholders.
  • Our Chairman of the board of directors and Chief Executive Officer, Allen Salmasi, beneficially owns representing approximately 73.7% of the voting power of our outstanding share capital as of the date of this Annual Report; therefore, Mr. Salmasi has significant influence over all corporate matters for which stockholder approval is required which can result in a conflict of interest.
  • The terms of the public warrants may be amended in a manner adverse to a holder if holders of at least 50% of the then outstanding public warrants approve of such amendment.
  • Veea may redeem a public warrant holder’s unexpired public warrants prior to their exercise at a time that may be disadvantageous to such public warrant holder, thereby making its public warrants worthless.
  • A public warrant holder may only be able to exercise its public warrants on a “cashless basis” under certain circumstances, and if a public warrant holder does so, such public warrant holder will receive fewer the common stock from such exercise than if a public warrant holder were to exercise such public warrants for cash.
  • There can be no assurance that the public warrant will be in the money at the time they become exercisable, and they may expire worthless.
  • The Warrant Agreement designates the courts of the State of New York or the United States District Court for the Southern District of New York as the sole and exclusive forum for certain types of actions and proceedings that may be initiated by holders of its public warrants and SPAC Private Placement Warrants, which could limit the ability of such warrant holders to obtain a favorable judicial forum for disputes with the Company.
  • An active, liquid trading market for Veea’s securities may not be sustained, which may limit your ability to sell such securities.
  • Reports published by analysts, including projections in those reports that differ from Veea’s actual results, could adversely affect the price and trading volume of its shares of common stock.
  • Veea may fail to meet its publicly announced guidance or other expectations about its business, which would cause its stock price to decline.
  • Veea does not intend to pay cash dividends for the foreseeable future.
  • Veea is subject to changing law and regulations regarding public company regulatory matters, corporate governance and public disclosure that have increased and may continue to increase Veea’s costs and the risk of non-compliance.
  • Veea’s business and operations could be negatively affected if it becomes subject to any securities litigation or stockholder activism, which could cause Veea to incur significant expense, hinder execution of business and growth strategy and impact its stock price.
  • Delaware law and the Governing Documents contain certain provisions, including anti-takeover provisions, that limit the ability of stockholders to take certain actions and could delay or discourage takeover attempts that stockholders may consider favorable.
  • Veea’s Charter designates the Delaware Court of Chancery or the United States federal district courts as the sole and exclusive forum for substantially all disputes between Veea and its stockholders, which could limit Veea’s stockholders’ ability to obtain a favorable judicial forum for disputes with Veea or its directors, officers, stockholders, employees or agents.
  • The Charter provides for indemnification of officers and directors of Veea at Veea’s expense, which may result in a significant cost to Veea and hurt the interests of its stockholders because corporate resources may be expended for the benefit of officers and/or directors.
  • We will require additional capital funding, the receipt of which may impair the value of our common stock.
  • We do not intend to pay dividends in the foreseeable future.

Legal proceedings

In the normal course of business, the Company may become involved in various lawsuits and legal proceedings. While the ultimate results of these matters cannot be predicted with certainty, management does not expect them to have a material adverse effect on the financial position or results of operations of the Company.

The opening of Item 3, Legal Proceedings.4

Sources

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