VEEE · XBRL financial data

Twin Vee PowerCats financial statements, every fiscal year

The same tables from 5 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (VEEE's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	15,774	31,988	33,426	14,389	14,819
Cost of revenue	9,498	21,331	23,703	15,140	13,562
Gross profit	6,276	10,657	9,723	(751)	1,257
Research and development	211	942	1,444	586	—
Selling, general and administrative	1,726	2,760	3,734	3,096	2,502
Total operating expenses	7,907	16,679	21,710	13,800	10,038
Operating income (loss)	(1,631)	(6,022)	(11,987)	(14,552)	(8,781)
Other income (expense)	620	228	2,205	—	—
Income tax expense (benefit)	0	—	—	—	—
Net income (loss)	(1,011)	(5,793)	(7,192)	(11,046)	(8,607)
Earnings per share, basic USD per share	(0.19)	(0.76)	(0.76)	(1.10)	(4.37)
Earnings per share, diluted USD per share	(0.19)	(0.76)	(0.76)	(1.10)	(4.37)
Weighted average shares, basic thousands of shares	5,331	7,625	9,520	10,032	1,968
Weighted average shares, diluted thousands of shares	5,331	7,625	9,520	10,032	1,968

Fiscal years (VEEE's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	6,975	23,501	16,498	7,491	1,432
Marketable securities	2,997	1,482	4,463	—	—
Marketable securities, non-current	3,067	1,446	—	—	—
Accounts receivable	5	14	80	—	—
Inventory	1,800	4,008	4,885	2,517	2,493
Prepaid and other current assets	904	882	463	196	228
Total current assets	13,073	29,888	26,646	10,419	4,897
Property and equipment, net	2,883	5,536	12,294	15,038	8,343
Right-of-use asset	1,551	1,330	855	391	—
Total assets	20,599	38,231	39,847	25,888	16,234
Accounts payable	1,201	2,066	2,399	2,215	1,115
Accrued liabilities	457	1,241	1,076	794	714
Total current liabilities	2,155	3,791	4,216	3,748	2,245
Lease liability, non-current	1,244	920	437	—	—
Total liabilities	3,899	5,211	7,797	6,671	2,767
Accumulated deficit	(2,018)	(7,155)	(14,347)	(25,393)	(34,000)
Total stockholders' equity	16,700	28,436	23,511	19,217	13,468
Total liabilities and equity	20,599	38,231	39,847	25,888	16,234
Common shares outstanding (cover page) thousands of shares	≈7,000	≈9,520	9,520	14,874	8,620

≈ Rounded on cover: the filing states this count rounded, and it sits more than 1% off the weighted shares for the period.

Fiscal years (VEEE's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(1,011)	(5,793)	(7,192)	(11,046)	(8,607)
Stock-based compensation	310	1,449	1,903	1,177	303
Depreciation and amortization	—	554	1,353	1,745	1,734
Net cash from operating activities	(1,948)	(4,146)	(6,935)	(6,974)	(6,879)
Purchases of property and equipment	1,941	3,366	5,162	6,342	2,157
Net cash from investing activities	(8,037)	(196)	(6,629)	(1,862)	(1,591)
Proceeds from issuing common stock	15,852	6,002	6,996	—	2,555
Net cash from financing activities	16,068	20,867	6,818	(214)	2,410

SIC 3730 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3730 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Twin Vee PowerCats	3,929	3,128	(1,610)*	574,502	2.4 quarters	Q2 FY26 10-QJun 30, 2026
AgEagle Aerial Systems	15,910	not reported	(6,012)*	62.9M	2.6 quarters	Q2 FY26 10-QJun 30, 2026
Archer Aviation	852,700	5,000	(156,400)*	770.0M	10.0 quarters	Q2 FY26 10-QJun 30, 2026
Mind Technology	15,758	5,622	(1,790)*	9.1M	9.6 quarters	Q2 FY27 10-QJul 31, 2026
Coda Octopus Group	31,715	7,717	1,383*	11.3M	—	Q3 FY26 10-QJul 31, 2026
Nextnav	77,715	1,150	(17,980)*	168.8M	12.7 quarters	Q2 FY26 10-QJun 30, 2026
Air Industries Group	4,624	11,995	1,523*	4.9M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.