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TWIN VEE POWERCATS CO.: 10-Q filed 2024-08-14

What TWIN VEE POWERCATS CO. reported in its quarterly report filed 2024-08-14 (fiscal Q2 2024): 50 published measures, 144 facts as tagged in accession 0001731122-24-001254.

This filing

Form
10-Q (quarterly report)
Filed
2024-08-14
Fiscal period
fiscal Q2 2024
Accession
0001731122-24-001254 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 2024-06-3033,753,304USD
At 2023-12-3139,846,713USD

Total liabilities

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

PeriodValueUnitDays
At 2024-06-307,814,052USD
At 2023-12-317,797,098USD

Stockholders equity

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

PeriodValueUnitDays
At 2024-06-3019,623,292USD
At 2023-12-3123,511,193USD

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 2024-06-3013,927,460USD
At 2023-12-3116,497,703USD
At 2023-06-3026,079,597USD

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
2024-04-01 to 2024-06-30-2,945,701USD91
2024-01-01 to 2024-06-30-4,631,928USD182
2023-04-01 to 2023-06-30-1,334,643USD91
2023-01-01 to 2023-06-30-2,501,415USD181

Operating cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-30-2,232,013USD182
2023-01-01 to 2023-06-30-3,430,097USD181

Capital expenditure payments

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

PeriodValueUnitDays
2024-01-01 to 2024-06-303,715,351USD182
2023-01-01 to 2023-06-301,623,867USD181

Revenue

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

PeriodValueUnitDays
2024-04-01 to 2024-06-304,326,821USD91
2024-01-01 to 2024-06-309,603,164USD182
2023-04-01 to 2023-06-308,124,632USD91
2023-01-01 to 2023-06-3017,001,847USD181

Financing cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-30-137,029USD182
2023-01-01 to 2023-06-306,921,886USD181

Investing cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-30-247,855USD182
2023-01-01 to 2023-06-30-655,669USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2024-06-30-18,978,912USD
At 2023-12-31-14,346,984USD

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
2024-04-01 to 2024-06-309,520,000shares91
2024-01-01 to 2024-06-309,520,000shares182
2023-04-01 to 2023-06-309,520,000shares91
2023-01-01 to 2023-06-309,520,000shares181

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
2024-04-01 to 2024-06-309,520,000shares91
2024-01-01 to 2024-06-309,520,000shares182
2023-04-01 to 2023-06-309,520,000shares91
2023-01-01 to 2023-06-309,520,000shares181

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
2024-04-01 to 2024-06-30-0.31USD/shares91
2024-01-01 to 2024-06-30-0.49USD/shares182
2023-04-01 to 2023-06-30-0.14USD/shares91
2023-01-01 to 2023-06-30-0.26USD/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
2024-04-01 to 2024-06-30-0.31USD/shares91
2024-01-01 to 2024-06-30-0.49USD/shares182
2023-04-01 to 2023-06-30-0.14USD/shares91
2023-01-01 to 2023-06-30-0.26USD/shares181

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2024-04-01 to 2024-06-300USD91
2024-01-01 to 2024-06-300USD182
2023-04-01 to 2023-06-300USD91
2023-01-01 to 2023-06-300USD181

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 2024-06-3013,506,672USD
At 2023-12-3112,293,988USD

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
2024-01-01 to 2024-06-30744,027USD182
2023-01-01 to 2023-06-30972,325USD181

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
2024-04-01 to 2024-06-30-4,659,076USD91
2024-01-01 to 2024-06-30-7,202,281USD182
2023-04-01 to 2023-06-30-3,044,227USD91
2023-01-01 to 2023-06-30-5,413,750USD181

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 2024-06-3019,582,107USD
At 2023-12-3126,646,318USD

Current liabilities

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

PeriodValueUnitDays
At 2024-06-304,560,560USD
At 2023-12-314,216,345USD

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 2024-06-302,779,814USD
At 2023-12-312,399,026USD

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 2024-06-30115,793USD
At 2023-12-3180,160USD

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
2024-04-01 to 2024-06-304,861,416USD91
2024-01-01 to 2024-06-307,681,934USD182
2023-04-01 to 2023-06-303,979,942USD91
2023-01-01 to 2023-06-307,959,023USD181

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 2024-06-304,147,507USD
At 2023-12-314,884,761USD

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
2024-04-01 to 2024-06-30202,340USD91
2024-01-01 to 2024-06-30479,653USD182
2023-04-01 to 2023-06-30935,715USD91
2023-01-01 to 2023-06-302,545,273USD181

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
2024-04-01 to 2024-06-304,124,481USD91
2024-01-01 to 2024-06-309,123,511USD182
2023-04-01 to 2023-06-307,188,917USD91
2023-01-01 to 2023-06-3014,456,574USD181

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
2024-04-01 to 2024-06-30755,959USD91
2024-01-01 to 2024-06-301,449,912USD182
2023-04-01 to 2023-06-30914,430USD91
2023-01-01 to 2023-06-301,937,120USD181

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
2024-04-01 to 2024-06-30344,784USD91
2024-01-01 to 2024-06-30494,475USD182
2023-04-01 to 2023-06-30261,473USD91
2023-01-01 to 2023-06-30964,121USD181

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 2024-06-309,520,000shares
At 2023-12-319,520,000shares

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 2024-06-3014,138,336USD
At 2023-12-3116,755,233USD
At 2023-06-3026,337,127USD
At 2022-12-3123,501,007USD

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 2024-06-3038,592,684USD
At 2023-12-3137,848,657USD

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 2024-06-3025,939,252USD
At 2024-03-3130,140,704USD
At 2023-12-3132,049,615USD
At 2023-06-3037,190,558USD
At 2023-03-3131,675,388USD
At 2022-12-3133,020,889USD

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 2024-06-30615,815USD
At 2023-12-31854,990USD

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 2024-06-30499,900USD

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 2024-06-3016,737,626USD
At 2023-12-3114,676,820USD

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 2024-06-303,230,954USD
At 2023-12-312,382,832USD

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 2024-06-301,107,611USD
At 2023-12-311,075,512USD

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 2024-06-30185,263USD
At 2023-12-31463,222USD

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 2024-06-306,175USD
At 2023-12-3144,195USD

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
2024-04-01 to 2024-06-30-4,519,196USD91
2024-01-01 to 2024-06-30-6,854,390USD182
2024-01-01 to 2024-03-31-2,335,194USD91
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

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2024-04-01 to 2024-06-30434,958USD91
2024-01-01 to 2024-06-30860,239USD182
2023-04-01 to 2023-06-30284,562USD91
2023-01-01 to 2023-06-30502,838USD181

Nonoperating interest expense

Interest expense presented outside operating results. It differs from total interest expense when some borrowing cost is classified as operating or capitalized.

PeriodValueUnitDays
2024-04-01 to 2024-06-3054,938USD91
2024-01-01 to 2024-06-30121,887USD182
2023-04-01 to 2023-06-3070,127USD91
2023-01-01 to 2023-06-30122,065USD181

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
2024-04-01 to 2024-06-30139,880USD91
2024-01-01 to 2024-06-30347,890USD182
2023-04-01 to 2023-06-301,140,484USD91
2023-01-01 to 2023-06-301,681,542USD181

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
2024-04-01 to 2024-06-30139,880USD91
2024-01-01 to 2024-06-30347,891USD182
2023-04-01 to 2023-06-301,140,484USD91
2023-01-01 to 2023-06-301,681,542USD181

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
2024-01-01 to 2024-06-30176,190USD182
2023-01-01 to 2023-06-30110,395USD181

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2024-01-01 to 2024-06-300USD182
2023-01-01 to 2023-06-306,996,015USD181

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
2024-01-01 to 2024-06-3035,633USD182
2023-01-01 to 2023-06-30555,966USD181

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
2024-01-01 to 2024-06-30-448,182USD182
2023-01-01 to 2023-06-301,568,148USD181

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
2024-01-01 to 2024-06-30380,789USD182
2023-01-01 to 2023-06-30399,720USD181

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"])))