Twin Vee PowerCats, Co. (VEEE) stock
VEEENasdaqShip & Boat Building & RepairingFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 8/3063% below fair value
$6.70+0.12 (+1.82%)
Close on Nov 13, 2026Market cap $3.85MP/E –Yield –
Twin Vee PowerCats r&d expenses
Research and development expenses are spending on new products and technology.
Twin Vee PowerCats's R&D Expenses for the twelve months ending Dec 31, 2024 was $586.38K, down 59.4% year over year. For fiscal 2024 it was $586.38K, down 59.4% from the year before. The highest annual figure on record is $1.44M in fiscal 2023.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $586.38K | -59.4% |
| FY2023 | Dec 31, 2023 | $1.44M | +53.3% |
| FY2022 | Dec 31, 2022 | $941.53K | +346.0% |
| FY2021 | Dec 31, 2021 | $211.11K | – |
| FY2020 | Dec 31, 2020 | $0 | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q4 FY2024 | Dec 31, 2024 | $2.50K | -99.5% |
| Q3 FY2024 | Sep 30, 2024 | $89.40K | +40.0% |
| Q2 FY2024 | Jun 30, 2024 | $344.78K | +31.9% |
| Q1 FY2024 | Mar 31, 2024 | $149.69K | -78.7% |
| Q4 FY2023 | Dec 31, 2023 | $513.07K | +96.4% |
| Q3 FY2023 | Sep 30, 2023 | $63.87K | -77.5% |
| Q2 FY2023 | Jun 30, 2023 | $261.47K | +49.6% |
| Q1 FY2023 | Mar 31, 2023 | $702.65K | +217.2% |
| Q4 FY2022 | Dec 31, 2022 | $261.25K | +74.1% |
| Q3 FY2022 | Sep 30, 2022 | $283.94K | +364.8% |
| Q2 FY2022 | Jun 30, 2022 | $174.81K | – |
| Q1 FY2022 | Mar 31, 2022 | $221.55K | – |
| Q4 FY2021 | Dec 31, 2021 | $150.02K | – |
| Q3 FY2021 | Sep 30, 2021 | $61.09K | – |
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