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Twin Vee PowerCats, Co. (VEEE)

Twin Vee PowerCats, Co. (VEEE)

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Balance Sheets Overview

Current Ratio
236.00%
Quick Ratio
148.80%
Debt to Asset Ratio
30.25%
Unit: Dollar
Assets Breakdown
    • Property and equipment, net
    • Cash and cash equivalents
    • Inventories, net
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Operating lease liabilities - no...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
3,721,284
5,456,639
1,431,578
2,704,571
Restricted cash
208,143
215,117
215,117
215,117
Accounts receivable
243,147
583,292
-
312,993
Inventories, net
3,168,767
2,554,853
2,492,741
2,462,141
Prepaid expenses and other current assets
263,080
287,433
227,781
251,242
Deferred offering expenses
-
-
30,000
151,088
Assets held for sale, net
-
-
-
3,956,623
Note receivable, current portion
971,725
500,000
500,000
-
Total current assets
8,576,146
9,597,334
4,897,217
10,053,775
Property and equipment, net
6,952,481
7,984,461
8,342,961
8,716,923
Operating lease right of use asset, net
2,519,284
2,641,100
-
97,819
Note receivable less current portion, net of discount
2,577,684
2,967,998
2,967,998
-
Security deposit
26,193
26,193
26,193
26,193
Total assets
20,651,788
23,217,086
16,234,369
18,894,710
Accounts payable
1,225,431
1,507,282
1,114,835
1,410,071
Accrued liabilities
1,411,806
1,056,649
714,248
599,044
Contract liabilities
525,800
210,800
395,932
297,887
Finance lease liabilities
17,445
18,482
19,498
20,497
Operating lease liabilities
453,498
438,821
-
109,329
Total current liabilities
3,633,980
3,232,034
2,244,513
2,436,828
Economic injury disaster loan
499,900
499,900
499,900
499,900
Finance lease liabilities - noncurrent
13,504
17,859
22,145
26,362
Operating lease liabilities - noncurrent
2,098,848
2,218,810
-
-
Total liabilities
6,246,232
5,968,603
2,766,558
2,963,090
Common stock13,513,514 authorized 0.001 par value 571,161 and 60,647 issued and outstanding at june 30, 2026 december 31, 2025, respectively
571
529
2,237
2,237
Additional paid-in capital
53,397,503
53,342,460
47,465,802
47,342,162
Accumulated deficit
-38,992,518
-36,094,506
-34,000,228
-31,412,779
Total stockholders equity
14,405,556
17,248,483
13,467,811
15,931,620
Total liabilities and stockholders equity
20,651,788
23,217,086
16,234,369
18,894,710
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash and cashequivalents$3,721,284 (-37.58%↓ Y/Y)Inventories, net$3,168,767 (18.19%↑ Y/Y)Note receivable,current portion$971,725 Prepaid expenses andother current assets$263,080 (31.12%↑ Y/Y)Accounts receivable$243,147 Restricted cash$208,143 (-3.24%↓ Y/Y)Total current assets$8,576,146 (-35.97%↓ Y/Y)Property and equipment,net$6,952,481 (-20.48%↓ Y/Y)Note receivable lesscurrent portion, net of...$2,577,684 Operating lease right ofuse asset, net$2,519,284 (1188.37%↑ Y/Y)Security deposit$26,193 (0.00%↑ Y/Y)Total assets$20,651,788 (-7.63%↓ Y/Y)Total liabilities andstockholders equity$20,651,788 (-7.63%↓ Y/Y)Total stockholdersequity$14,405,556 (-22.65%↓ Y/Y)Total liabilities$6,246,232 (67.25%↑ Y/Y)Accumulated deficit-$38,992,518 (-36.07%↓ Y/Y)Additional paid-in capital$53,397,503 (12.94%↑ Y/Y)Total currentliabilities$3,633,980 (13.43%↑ Y/Y)Operating leaseliabilities - noncurrent$2,098,848 Economic injury disasterloan$499,900 (0.00%↑ Y/Y)Finance leaseliabilities - noncurrent$13,504 (-56.37%↓ Y/Y)Commonstock13,513,514 authorized...$571 (-74.47%↓ Y/Y)Accrued liabilities$1,411,806 (52.36%↑ Y/Y)Accounts payable$1,225,431 (-39.49%↓ Y/Y)Contract liabilities$525,800 (4106.40%↑ Y/Y)Operating leaseliabilities$453,498 (107.49%↑ Y/Y)Finance leaseliabilities$17,445 (-17.08%↓ Y/Y)