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TWIN VEE POWERCATS CO.: 10-Q filed 2023-08-14

What TWIN VEE POWERCATS CO. reported in its quarterly report filed 2023-08-14 (fiscal Q2 2023): 48 published measures, 135 facts as tagged in accession 0001731122-23-001492.

This filing

Form
10-Q (quarterly report)
Filed
2023-08-14
Fiscal period
fiscal Q2 2023
Accession
0001731122-23-001492 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All TWIN VEE POWERCATS CO. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2023-06-3045,582,480USD
At 2022-12-3138,231,480USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2023-06-308,391,922USD
At 2022-12-315,210,591USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2023-06-3027,271,530USD
At 2022-12-3128,435,734USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2023-06-3026,337,127USD
At 2022-12-3123,501,007USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-1,903,743USD91
2023-01-01 to 2023-06-30-3,732,208USD181
2023-01-01 to 2023-03-31-1,828,465USD90
2022-04-01 to 2022-06-30-538,782USD91
2022-01-01 to 2022-06-30-1,730,099USD181
2022-01-01 to 2022-03-31-1,191,317USD90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2023-01-01 to 2023-06-30-3,430,097USD181
2022-01-01 to 2022-06-30-1,196,251USD181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2023-01-01 to 2023-06-301,623,867USD181
2022-01-01 to 2022-06-301,809,486USD181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2023-04-01 to 2023-06-308,124,632USD91
2023-01-01 to 2023-06-3017,001,847USD181
2022-04-01 to 2022-06-308,519,613USD91
2022-01-01 to 2022-06-3014,405,613USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2023-01-01 to 2023-06-306,921,886USD181
2022-01-01 to 2022-06-30-141,629USD181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2023-01-01 to 2023-06-30-655,669USD181
2022-01-01 to 2022-06-30273,105USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2023-06-30-9,656,223USD
At 2022-12-31-7,154,808USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2023-04-01 to 2023-06-309,520,000shares91
2023-01-01 to 2023-06-309,520,000shares181
2022-04-01 to 2022-06-307,000,000shares91
2022-01-01 to 2022-06-307,000,000shares181

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2023-04-01 to 2023-06-309,520,000shares91
2023-01-01 to 2023-06-309,520,000shares181
2022-04-01 to 2022-06-307,000,000shares91
2022-01-01 to 2022-06-307,000,000shares181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-0.14USD/shares91
2023-01-01 to 2023-06-30-0.26USD/shares181
2022-04-01 to 2022-06-30-0.08USD/shares91
2022-01-01 to 2022-06-30-0.25USD/shares181

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-0.14USD/shares91
2023-01-01 to 2023-06-30-0.26USD/shares181
2022-04-01 to 2022-06-30-0.08USD/shares91
2022-01-01 to 2022-06-30-0.25USD/shares181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2023-06-309,556,167USD
At 2022-12-315,535,902USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2023-01-01 to 2023-06-30972,325USD181
2022-01-01 to 2022-06-30526,723USD181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-3,044,227USD91
2023-01-01 to 2023-06-30-5,413,750USD181
2022-04-01 to 2022-06-30-471,979USD91
2022-01-01 to 2022-06-30-1,520,132USD181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2023-06-3033,938,100USD
At 2022-12-3129,887,529USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2023-06-304,511,968USD
At 2022-12-313,791,063USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2023-06-302,465,400USD
At 2022-12-312,065,680USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2023-06-30570,133USD
At 2022-12-3114,167USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2023-04-01 to 2023-06-305,304,689USD91
2023-01-01 to 2023-06-3010,896,042USD181
2022-04-01 to 2022-06-303,919,191USD91
2022-01-01 to 2022-06-307,401,698USD181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2023-06-305,576,480USD
At 2022-12-314,008,332USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2023-04-01 to 2023-06-302,260,462USD91
2023-01-01 to 2023-06-305,482,292USD181
2022-04-01 to 2022-06-303,447,212USD91
2022-01-01 to 2022-06-305,881,566USD181

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2023-04-01 to 2023-06-305,864,170USD91
2023-01-01 to 2023-06-3011,519,555USD181
2022-04-01 to 2022-06-305,072,401USD91
2022-01-01 to 2022-06-308,524,047USD181

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2023-04-01 to 2023-06-30914,430USD91
2023-01-01 to 2023-06-301,937,120USD181
2022-04-01 to 2022-06-30637,744USD91
2022-01-01 to 2022-06-301,320,065USD181

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2023-04-01 to 2023-06-30261,473USD91
2023-01-01 to 2023-06-30964,121USD181
2022-04-01 to 2022-06-30174,807USD91
2022-01-01 to 2022-06-30396,352USD181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2023-06-309,520,000shares
At 2022-12-319,520,000shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2023-06-3026,337,127USD
At 2022-12-3123,501,007USD
At 2022-06-305,910,527USD
At 2021-12-316,975,302USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2023-06-3036,918,233USD
At 2022-12-3135,581,022USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2023-06-3037,190,558USD
At 2023-03-3131,675,388USD
At 2022-12-3133,020,889USD
At 2022-06-3015,496,324USD
At 2022-03-3115,733,215USD
At 2021-12-3116,699,700USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2023-06-301,092,908USD
At 2022-12-311,329,620USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2023-06-30499,900USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2023-06-3011,117,398USD
At 2022-12-316,594,293USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2023-06-301,561,231USD
At 2022-12-311,058,391USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2023-06-301,192,490USD
At 2022-12-311,240,769USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2023-06-30454,751USD
At 2022-12-31882,417USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2023-06-30182,335USD
At 2022-12-315,300USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2023-01-01 to 2023-06-30-3,732,208USD181
2022-01-01 to 2022-06-30-1,730,105USD181

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-1,334,643USD91
2023-01-01 to 2023-06-30-2,501,415USD181
2022-04-01 to 2022-06-30-538,782USD91
2022-01-01 to 2022-06-30-1,730,099USD181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2023-04-01 to 2023-06-30284,562USD91
2023-01-01 to 2023-06-30502,838USD181
2022-04-01 to 2022-06-30119,817USD91
2022-01-01 to 2022-06-30199,909USD181

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2023-04-01 to 2023-06-301,140,484USD91
2023-01-01 to 2023-06-301,681,542USD181
2022-04-01 to 2022-06-30-66,803USD91
2022-01-01 to 2022-06-30-209,967USD181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2023-04-01 to 2023-06-301,140,484USD91
2023-01-01 to 2023-06-301,681,542USD181
2022-04-01 to 2022-06-30-66,803USD91
2022-01-01 to 2022-06-30-209,967USD181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2023-01-01 to 2023-06-30110,395USD181
2022-01-01 to 2022-06-3073,471USD181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2023-01-01 to 2023-06-30555,966USD181
2022-01-01 to 2022-06-30-5,137USD181

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2023-01-01 to 2023-06-301,568,148USD181
2022-01-01 to 2022-06-302,569,780USD181

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2023-01-01 to 2023-06-30399,720USD181
2022-01-01 to 2022-06-301,061,573USD181

Inspect the source

Entity
TWIN VEE POWERCATS CO. / CIK 0001855509
Captured
2026-09-21T17:38:50.553Z
SEC response SHA-256
0ded81e3481a47c6f57bfd3c0c7d7b689d9d90ebc69a360acd22f815bed237bf

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001855509.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))