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Income Statement
Twin Vee PowerCats, Co. (VEEE)
source: myfinsight.com
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Net loss attributed
to stockholders of...
-$1,654,071
Net loss
-$1,654,071
(63.40%↑ Y/Y)
Interest income
$39,682
(648.43%↑ Y/Y)
Other income
(expense)
$1,609
(126.69%↑ Y/Y)
Loss before income
tax
-$1,654,071
(63.40%↑ Y/Y)
Total other income
$21,735
(-84.46%↓ Y/Y)
Net sales
$4,755,618
(9.91%↑ Y/Y)
Interest expense
$19,556
(-64.40%↓ Y/Y)
Loss from operations
-$1,675,806
(64.03%↑ Y/Y)
Gross profit
$654,053
(223.24%↑ Y/Y)
Cost of products sold
(excluding depreciation &...
$4,101,565
(-0.56%↓ Y/Y)
Total operating
expenses
$2,329,859
(-52.07%↓ Y/Y)
Depreciation and
amortization
$425,551
(-2.16%↓ Y/Y)
Loss on lease
termination
-$53,425
Professional fees
$190,507
(-57.89%↓ Y/Y)
Salaries and wages
$1,055,103
(-12.03%↓ Y/Y)
Selling, general and
administrative
$605,273
(-19.93%↓ Y/Y)
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