Financial insights of VEEE

MyFinsight

For the year ending 2025-12-31, VEEE made $14,819,130 in revenue. -$8,607,273 in net income. Net profit margin of -58.08%.

Income Statement	2025-12-31
Net sales	14,819,130
Cost of products sold (excluding depreciation & amortization)	13,562,025
Gross profit (loss)	1,257,105
Gain on sale of r&d assets	0
Research and development	0
Selling, general and administrative	2,502,402
Salaries and wages	4,325,348
Professional fees	867,090
Loss on sale of property & equipment	-133,015
Impairment of property & equipment	418,416
Depreciation and amortization	1,734,230
Loss on lease termination	-57,903
Total operating expenses	10,038,404
Loss from operations	-8,781,299
Dividend income	0
Realized gain on marketable securities	0
Other income	56,612
Interest expense	-81,229
Interest income	198,643
Total other income	174,026
Loss before income tax	-8,607,273
Income tax provision	0
Net loss	-8,607,273
Less net loss attributable to noncontrolling interests	0
Net loss attributed to stockholders of twin vee powercats co, inc	-8,607,273

Basic EPS	-4.37
Diluted EPS	-4.37
Basic Average Shares	1,968,121
Diluted Average Shares	1,968,121