For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Less net loss attributable to noncontrolling interests | - | 0* | 0 | 0 |
| Income tax provision | - | 0* | 0 | 0 |
| Net sales | 3,964,706 | 2,542,237.5* | 3,428,977 | 4,755,618 |
| Cost of products sold (excluding depreciation & amortization) | 3,768,369 | 2,198,368.5* | 3,474,206 | 4,101,565 |
| Gross profit | 196,337 | 343,869* | -45,229 | 654,053 |
| Gain on sale of r&d assets | - | 0* | 0 | - |
| Research and development | - | 0* | 0 | 0 |
| Selling, general and administrative | 860,551 | 618,400.5* | 650,728 | 605,273 |
| Salaries and wages | 885,505 | 729,734.75* | 1,016,894 | 1,055,103 |
| Professional fees | 119,054 | 271,132.5* | 206,798 | 190,507 |
| Impairment of property & equipment | - | - | 360,151 | 0 |
| Loss on lease termination | - | - | -4,478 | -53,425 |
| Loss on sale of property & equipment | - | -241,903* | 72,592 | 0 |
| Impairment of property & equipment | - | 104,604* | - | - |
| Depreciation and amortization | 467,161 | 466,166* | 419,825 | 425,551 |
| Loss on lease termination | - | -14,475.75* | - | - |
| Total operating expenses | 2,332,271 | 2,446,416.5* | 2,731,466 | 2,329,859 |
| Loss from operations | -2,135,934 | -2,102,547.5* | -2,776,695 | -1,675,806 |
| Dividend income | - | 0* | 0 | 0 |
| Unrealized gain on marketable securities | - | - | 0 | 0 |
| Realized gain on marketable securities | - | 0* | 0 | 0 |
| Other income | - | 52,859* | 893 | 1,609 |
| Interest expense | 10,940 | -33,023.5* | 12,581 | 19,556 |
| Interest income | 52,596 | 89,815* | 32,870 | 39,682 |
| Total other income | 41,656 | 109,650.5* | 21,182 | 21,735 |
| Loss before income tax | -2,094,278 | -1,992,897* | -2,755,513 | -1,654,071 |
| Net loss | -2,094,278 | -1,992,897* | -2,755,513 | -1,654,071 |
| Net loss attributed to stockholders of twin vee powercats co, inc | - | -1,992,897 | -2,755,513 | -1,654,071 |
| Basic EPS | -12.93 | -1.128 | -1.23 | -0.87 |
| Diluted EPS | -12.93 | -1.128 | -1.23 | -0.87 |
| Basic Average Shares | 161,925 | 1,767,531 | 2,237,299 | 1,899,533 |
| Diluted Average Shares | 161,925 | 1,767,531 | 2,237,299 | 1,899,533 |
Twin Vee PowerCats, Co. (VEEE)
Twin Vee PowerCats, Co. (VEEE)