Twin Vee PowerCats Co
For the period ended Dec 31, 2023. Filed Mar 27, 2024.
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FY2023 · Filed Mar 27, 2024
VEEE$7.44-5.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’ Equity
| CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY | ||||||||
|---|---|---|---|---|---|---|---|---|
| Additional | ||||||||
| Preferred Stock · Common Stock · Paid-in · Accumulated · Noncontrolling | ||||||||
| Shares | Amount | Shares | Amount | Capital | Deficit | Interests | Total | |
| Balance, December 31, 2021 | — | $— | 7,000,000 | $7,000 | $18,710,256 | $(2,017,556) | $— | $16,699,700 |
| Common stock issued for payment on behalf of parent | — | — | 20,000 | 20 | 52,380 | — | — | 52,400 |
| Common stock issued for cash | — | — | 2,500,000 | 2,500 | 5,999,337 | — | — | 6,001,837 |
| Subsidiary share issuance | — | — | — | — | 9,588,172 | — | 5,241,317 | 14,829,489 |
| Stock-based compensation | — | — | — | — | 1,448,751 | — | — | 1,448,751 |
| Merger of Twin Vee PowerCats, Inc. | — | — | — | — | (217,874) | — | — | (217,874) |
| Net loss | — | — | — | — | — | (5,137,252) | (656,162) | (5,793,414) |
| Balance, December 31, 2022 | — | $— | 9,520,000 | $9,520 | $35,581,022 | $(7,154,808) | $4,585,155 | $33,020,889 |
| Subsidiary share issuance | — | — | — | — | 364,886 | — | 6,564,666 | 6,929,552 |
| Stock-based compensation | — | — | — | — | 1,902,749 | — | — | 1,902,749 |
| Subsidiary stock repurchase | — | — | — | — | — | — | (21,379) | (21,379) |
| Net loss | — | — | — | — | — | (7,192,176) | (2,590,020) | (9,782,196) |
| Balance, December 31, 2023 | — | $— | 9,520,000 | $9,520 | $37,848,657 | $(14,346,984) | $8,538,422 | $32,049,615 |
TWIN VEE POWERCATS CO. AND SUBSIDIARIES
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.