| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Net sales | $14.8M+3.0% | $14.4M-57.0% | $33.4M+4.5% | $32.0M |
| Cost of products sold (excluding depreciation & amortization) | $13.6M-10.4% | $15.1M-49.8% | $30.2M+41.4% | $21.3M |
| Gross profit (loss) | $1.3M+267.3% | -$751K-123.0% | $3.3M-69.3% | $10.7M |
| Selling, general and administrative | $2.5M-19.2% | $3.1M-17.1% | $3.7M+35.3% | $2.8M |
| Salaries and wages | $4.3M-11.9% | $4.9M-34.3% | $7.5M-34.8% | $11.5M |
| Professional fees | $867K-48.1% | $1.7M+33.6% | $1.2M+29.3% | $966K |
| Impairment of property & equipment | $418K-75.0% | $1.7M | — | — |
| Loss on lease termination | $58K | — | — | — |
| Loss on sale of property & equipment | $133K-23.0% | $173K | — | — |
| Gain on sale of R&D assets | -$50K | — | — | — |
| Depreciation and amortization | $1.7M-0.6% | $1.7M+29.0% | $1.4M+144.4% | $554K |
| Research and development | $586K | — | $1.4M+53.3% | $942K |
| Total operating expenses | $10.0M-27.3% | $13.8M-9.5% | $15.3M-8.5% | $16.7M |
| Loss from operations | -$8.8M+39.7% | -$14.6M-21.4% | -$12.0M-99.1% | -$6.0M |
| Dividend income | $510K | — | $909K | — |
| Other income | $57K-10.7% | $63K+540.4% | $10K-93.6% | $155K |
| Interest expense | -$81K+63.5% | -$223K-0.6% | -$221K-34.7% | -$164K |
| Interest income | $199K+31.9% | $151K+211.3% | $48K-35.8% | $75K |
| Realized gain on marketable securities | $40K | — | $104K | — |
| Total other income | $174K-67.9% | $542K-75.4% | $2.2M+865.9% | $228K |
| Loss before income tax | -$8.6M+38.6% | -$14.0M-43.2% | -$9.8M-68.9% | -$5.8M |
| Net loss | -$8.6M+38.6% | -$14.0M-43.2% | -$9.8M-68.9% | -$5.8M |
| Less: Net loss attributable to noncontrolling interests | -$3.0M | — | -$2.6M-294.7% | -$656K |
| Net loss attributed to stockholders of Twin Vee PowerCats Co, Inc. | -$8.6M+22.1% | -$11.0M-53.6% | -$7.2M-40.0% | -$5.1M |
| Basic loss per share of common stock | -$4.37+60.3% | -$11.01-1348.7% | -$0.76 | — |
| Dilutive loss per share of common stock | -$4.37+60.3% | -$11.01-1348.7% | -$0.76 | — |
| Weighted average number of shares of common stock outstanding basic | 2.0M+96.2% | 1.0M-89.5% | 9.5M | — |
| Weighted average number of shares of common stock outstanding dilutive | 2.0M-80.4% | 10.0M+5.4% | 9.5M | — |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.