The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -2,755,513 | -3,264,311 |
| Stock based compensation | 63,896 | 115,597 |
| Depreciation and amortization | 419,825 | 867,223 |
| Impairment of property & equipment | 360,151 | 0 |
| Net change in fair value of marketable securities | - | 0 |
| Loss on lease termination | -4,478 | -53,425 |
| Loss on sale of property & equipment | -72,592 | -63,011 |
| Amortization of right-of-use asset | 97,721 | 195,146 |
| Change in inventory reserve | 39,162 | 28,697 |
| Accounts receivable | 312,993 | 0 |
| Inventories | -179,697 | 192,937 |
| Prepaid expenses and other current assets | 50,601 | 4,499 |
| Accounts payable | -615,084 | -189,923 |
| Accrued liabilities | -327,561 | 132,352 |
| Operating lease liabilities | -109,232 | -218,170 |
| Contract liabilities | 285,387 | -67,500 |
| Realized gain on sale of marketable securities, available for sale | - | 0 |
| Net cash used in operating activities | -2,648,075 | -2,481,889 |
| Security deposit | 0 | -14,087 |
| Proceeds from sale of property & equipment | 27,478 | 25,000 |
| Net sales of investment in marketable securities | - | 0 |
| Purchase of property and equipment | 480,405 | 1,536,522 |
| Net cash used in investing activities | -452,927 | -1,497,435 |
| Proceeds from issuance of common stock, net of fees of 444,899 | 1 | 2,555,100 |
| Deferred offering costs | 151,088 | - |
| Finance lease payments | 5,131 | 105,108 |
| Net cash provided by (used in) financing activities | -156,218 | 2,449,992 |
| Net change in cash, cash equivalents and restricted cash | -3,257,220 | -1,529,332 |
| Cash and cash equivalents at beginning of period | 7,706,240 | - |
| Cash and cash equivalents at end of period | 2,919,688 | - |
Twin Vee PowerCats, Co. (VEEE)
Twin Vee PowerCats, Co. (VEEE)