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Net loss attributed
to stockholders of...
-$8,607,273
Net loss
-$8,607,273
Interest income
$198,643
Other income
$56,612
Loss before income
tax
-$8,607,273
Total other income
$174,026
Net sales
$14,819,130
Interest expense
-$81,229
Loss from operations
-$8,781,299
Gross profit (loss)
$1,257,105
Cost of products sold
(excluding depreciation &...
$13,562,025
Total operating
expenses
$10,038,404
Salaries and wages
$4,325,348
Selling, general and
administrative
$2,502,402
Depreciation and
amortization
$1,734,230
Professional fees
$867,090
Impairment of property &
equipment
$418,416
Loss on sale of
property & equipment
-$133,015
Loss on lease
termination
-$57,903
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Income Statement
source: myfinsight.com
Twin Vee PowerCats, Co. (VEEE)
Twin Vee PowerCats, Co. (VEEE)