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Income Statement
Twin Vee PowerCats, Co. (VEEE)
Twin Vee PowerCats, Co. (VEEE)
source: myfinsight.com
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Net loss
-$2,094,278
Interest income
$52,596
Loss before income
tax
-$2,094,278
Total other income
$41,656
Net sales
$3,964,706
Interest expense
$10,940
Loss from operations
-$2,135,934
Gross profit
$196,337
Cost of products sold
(excluding depreciation &...
$3,768,369
Total operating
expenses
$2,332,271
Salaries and wages
$885,505
Selling, general and
administrative
$860,551
Depreciation and
amortization
$467,161
Professional fees
$119,054
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