VEEA INC.
VEEANasdaqTechnology · Services-Computer Integrated Systems Design · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
| Revenue | $222,018 | $141,760 | $9.1M | — | — |
| Operating income | −$18.8M | −$84.1M | −$10.4M | −$4.1M | −$2.9M |
| Net income | −$6.7M | −$47.5M | −$15.6M | $10.6M | $6.6M |
| Total assets | $28.2M | $21.1M | $20.8M | $324.0M | $319.7M |
| Total liabilities | $38.0M | $38.1M | $32.3M | $15.4M | $21.7M |
| Equity | −$9.8M | −$17.0M | −$11.5M | −$15.3M | −$21.2M |
| EPS (diluted) | $-0.16 | $-1.88 | $-0.97 | — | — |
| Shares out. | 36.4M | 36.2M | 19.6M | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −8483.7%
- Net margin
- −2999.8%
- Return on equity
- 68.3%
- Return on assets
- −23.6%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 134.6%
- Debt / equity
- —
- Book value / share
- $-0.27
- Revenue growth (YoY)
- 56.6%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -34.47distress
- Accruals / assets
- 30.4%high accruals
- Beneish M-Score
- -0.34elevated
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 6 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- High accruals — earnings-quality risk
- Beneish M-Score elevated — earnings-manipulation screen flag
- Strong return on equity (>15%)
- Revenue is growing year-over-year
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Apr 1, 2026
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2025
- NT 10-Qmissed a reporting deadline ↗May 16, 2025
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2025
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2024
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2024
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Burns Ursula MPassive (13G)Aug 27, 2025
- Salmasi AllenActivist (13D)Aug 27, 2025
- Crowdkeep, Inc.Passive (13G)Jun 18, 2025
- Dinsdale Mike JohnPassive (13G)Feb 25, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Salmasi AllenOfficer — Chief Executive Officer | Aug 14, 2025 | J | 5.2M | $1.00 |
| Smith Janice K.Officer — COO and Interim CFO | Mar 13, 2025 | Grant | 23,007 | $0.00 |
| Roy KanishkaDirector | Nov 11, 2024 | J | 81,116 | — |
| Antunes Helder FragueiroDirector | Nov 11, 2024 | Grant | 81,116 | — |
| Black Alan JDirector | Nov 11, 2024 | J | 81,116 | — |
| Cohen Gary A.Director | Nov 11, 2024 | Grant | 81,116 | — |
| Maine Douglas LDirector | Nov 11, 2024 | Grant | 81,116 | — |
| Smith Janice K.Officer — COO and Interim CFO | Sep 17, 2024 | Option exercise | 25,000 | $3.01 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 258,934 | 1.4 | +5.0% |
| Apr 30, 2026 | 246,653 | 1.4 | -26.9% |
| Apr 15, 2026 | 337,378 | 1.3 | -8.1% |
| Mar 31, 2026 | 366,957 | 1.7 | -20.0% |
| Mar 13, 2026 | 458,712 | 1.0 | -40.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- New financial obligation · Other material eventMay 22, 2026
- Delisting / listing-standard noticeApr 13, 2026
- Entered a material agreement · Delisting / listing-standard notice · Unregistered equity sale · Amended charter or bylawsApr 2, 2026
- Entered a material agreement · New financial obligationFeb 23, 2026
- Entered a material agreement · New financial obligation · Unregistered equity saleJan 20, 2026
- Entered a material agreement · Terminated a material agreement · New financial obligationJan 8, 2026
- Shareholder voteJan 6, 2026
- Delisting / listing-standard noticeOct 2, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-KCURRENT REPORTMay 22, 2026
- 10-QQUARTERLY REPORTMay 15, 2026
- EFFECTMay 12, 2026
- EFFECTMay 12, 2026
- EFFECTMay 12, 2026
- POS AMPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-1May 8, 2026
- POS AMPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-1May 8, 2026
- S-1/AAMENDMENT NO. 1 TO FORM S-1May 8, 2026
- 10-KANNUAL REPORTApr 15, 2026
- 8-KCURRENT REPORTApr 13, 2026
- 8-KCURRENT REPORTApr 2, 2026
- NT 10-KNOTIFICATION OF LATE FILINGApr 1, 2026
- 8-KCURRENT REPORTFeb 23, 2026
- S-1REGISTRATION STATEMENTFeb 17, 2026
- S-8REGISTRATION STATEMENTJan 29, 2026
Event-driven situations (3)
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