VEEA INC. (VEEA) Form 10-Q — May 14, 2026
Veea Inc. reported a net loss of $4.7 million for the first quarter of 2026, driven by an operating loss of $5.0 million and minimal revenue of $180,417. The company’s liquidity position remains precarious, with only $1.6 million in cash against $13.3 million in total debt and an accumulated deficit of $229.2 million. The company faces imminent delisting risk from Nasdaq, having already transferred its listing from the Global Market to the Capital Market due to failure to meet the $1.00 minimum bid price.
Key figures
- Revenue
- 180417
- Total Debt
- 13300000
- Cash Position
- 1594473
- Ppl Loan Amount
- 7500000
- Related Party Debt
- 4035614
- Shares Outstanding
- 50407567
- White Lion Note Proceeds
- 500000
- Convertible Notes Payable
- 2070664
- Nasdaq Compliance Deadline
- 2026-09-28
Price after filing
Close on the filing date to close N calendar days later (from $0.60). Historical, not a forecast.
AI analysis
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