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veee: the income statement
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Net loss attributed
to stockholders of...
-$2,755,513
Net loss
-$2,755,513
(8.45%↑ Y/Y)
Interest income
$32,870
(-66.94%↓ Y/Y)
Other income
$893
(86.04%↑ Y/Y)
Loss before income
tax
-$2,755,513
(8.45%↑ Y/Y)
Total other income
$21,182
(202.44%↑ Y/Y)
Interest expense
$12,581
(-77.94%↓ Y/Y)
Loss from operations
-$2,776,695
(7.11%↑ Y/Y)
Total operating
expenses
$2,731,466
(-3.94%↓ Y/Y)
Gross (loss) profit
-$45,229
(68.95%↑ Y/Y)
Net sales
$3,428,977
(18.19%↑ Y/Y)
Depreciation and
amortization
$419,825
(-4.68%↓ Y/Y)
Loss on sale of
property & equipment
$72,592
Loss on lease
termination
-$4,478
Impairment of property &
equipment
$360,151
Professional fees
$206,798
(-48.73%↓ Y/Y)
Salaries and wages
$1,016,894
(-11.23%↓ Y/Y)
Selling, general and
administrative
$650,728
(-14.91%↓ Y/Y)
Cost of products sold
(excluding depreciation &...
$3,474,206
(14.02%↑ Y/Y)
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Income Statement
source: myfinsight.com
Twin Vee PowerCats, Co. (VEEE)
Twin Vee PowerCats, Co. (VEEE)