$VEEE
Twin Vee PowerCats, Co. Stock $veee

$veee Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000173112223001492 Filed on August 14, 2023

Income Statement

Concept	2023 Q3	2023 Q2	2022 Q2
Revenue	$8.077M	$8.125M	$8.520M
YoY Change	-8.35%	-4.64%	158.36%
Cost Of Revenue	$5.541M	$5.864M	$5.072M
YoY Change	1.16%	15.61%	156.0%
Gross Profit	$2.535M	$2.260M	$3.447M
YoY Change	-23.96%	-34.43%	161.92%
Gross Profit Margin	31.39%	27.82%	40.46%
Selling, General & Admin	$984.9K	$914.4K	$637.7K
YoY Change	39.24%	43.39%	129.26%
% of Gross Profit	38.85%	40.45%	18.5%
Research & Development	$63.87K	$261.5K	$174.8K
YoY Change	-77.51%	49.58%
% of Gross Profit	2.52%	11.57%	5.07%
Depreciation & Amortization	$341.8K	$284.6K	$119.8K
YoY Change	98.05%	137.5%	119.95%
% of Gross Profit	13.48%	12.59%	3.48%
Operating Expenses	$5.315M	$5.305M	$3.919M
YoY Change	26.81%	35.35%	173.48%
Operating Profit	-$2.779M	-$3.044M	-$472.0K
YoY Change	224.34%	544.99%	303.63%
Interest Expense	$98.90K	$194.4K	-$37.86K
YoY Change	87.03%	-613.34%	117.09%
% of Operating Profit
Other Income/Expense, Net	$335.4K	$1.140M	-$66.80K
YoY Change	-1212.52%	-1807.23%	-139.81%
Pretax Income	-$2.444M	-$1.904M	-$538.8K
YoY Change	175.5%	253.34%	-1159.55%
Income Tax	$0.00
% Of Pretax Income
Net Earnings	-$2.444M	-$1.904M	-$538.8K
YoY Change	175.5%	253.34%	-1159.53%
Net Earnings / Revenue	-30.26%	-23.43%	-6.32%
Basic Earnings Per Share	-$0.20	-$0.14	-$0.08
Diluted Earnings Per Share	-$0.20	-$0.14	-$76.97K
COMMON SHARES
Basic Shares Outstanding	9.520M shares	9.520M shares	7.000M shares
Diluted Shares Outstanding	9.520M shares	9.520M shares	7.000M shares

Balance Sheet

Concept	2023 Q3	2023 Q2	2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$24.01M	$28.28M	$9.859M
YoY Change	4.89%	186.88%	2324.62%
Cash & Equivalents	$12.40M	$26.34M	$5.911M
Short-Term Investments	$11.60M	$1.947M	$3.949M
Other Short-Term Assets	$550.3K	$454.8K	$755.3K
YoY Change	-63.56%	-39.79%	17.01%
Inventory	$8.135M	$5.576M	$4.370M
Prepaid Expenses
Receivables	$508.5K	$570.1K
Other Receivables	$0.00	$0.00	$286.9K
Total Short-Term Assets	$32.72M	$33.94M	$12.32M
YoY Change	24.67%	175.47%	324.86%
LONG-TERM ASSETS
Property, Plant & Equipment	$10.05M	$9.556M	$4.363M
YoY Change	110.55%	119.04%	165.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$476.6K	$947.8K	$2.951M
YoY Change	-83.63%	-67.88%
Other Assets	$49.17K	$47.52K	$25.00K
YoY Change	96.68%	90.08%	0.0%
Total Long-Term Assets	$11.55M	$11.64M	$8.700M
YoY Change	28.73%	33.85%	154.91%
TOTAL ASSETS
Total Short-Term Assets	$32.72M	$33.94M	$12.32M
Total Long-Term Assets	$11.55M	$11.64M	$8.700M
Total Assets	$44.28M	$45.58M	$21.02M
YoY Change	25.7%	116.85%	232.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$3.634M	$2.465M	$2.262M
YoY Change	88.51%	8.97%	90.1%
Accrued Expenses	$965.5K	$1.192M	$683.4K
YoY Change	79.36%	74.51%	499.39%
Deferred Revenue	$14.26K	$182.3K	$532.1K
YoY Change	-98.61%	-65.73%	181.58%
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$213.1K	$178.7K
YoY Change
Total Short-Term Liabilities	$5.327M	$4.512M	$3.976M
YoY Change	33.31%	13.48%	94.49%
LONG-TERM LIABILITIES
Long-Term Debt	$3.199M	$3.213M	$499.9K
YoY Change	539.84%	542.69%	-54.89%
Other Long-Term Liabilities	$540.5K	$667.2K	$1.048M
YoY Change	-43.08%	-36.33%	-26.66%
Total Long-Term Liabilities	$3.739M	$3.880M	$1.548M
YoY Change	157.97%	150.69%	-38.99%
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.327M	$4.512M	$3.976M
Total Long-Term Liabilities	$3.739M	$3.880M	$1.548M
Total Liabilities	$9.066M	$8.392M	$5.524M
YoY Change	66.5%	51.93%	20.58%
SHAREHOLDERS EQUITY
Retained Earnings	-$11.52M	-$9.656M	-$3.748M
YoY Change	158.97%	157.66%	354.95%
Common Stock	$9.520K	$9.520K	$7.000K
YoY Change	35.61%	36.0%	75.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$25.87M	$27.27M	$15.50M
YoY Change
Total Liabilities & Shareholders Equity	$44.28M	$45.58M	$21.02M
YoY Change	25.7%	116.85%	232.98%

Cashflow Statement

Concept	2023 Q3	2023 Q2	2022 Q2
OPERATING ACTIVITIES
Net Income	-$2.444M	-$1.904M	-$538.8K
YoY Change	175.5%	253.34%	-1159.53%
Depreciation, Depletion And Amortization	$341.8K	$284.6K	$119.8K
YoY Change	98.05%	137.5%	119.95%
Cash From Operating Activities	-$3.500M	-$1.197M	-$46.58K
YoY Change	152.15%	2470.74%	-74.8%
INVESTING ACTIVITIES
Capital Expenditures	$793.1K	$879.9K	-$1.081M
YoY Change	-235.65%	-181.38%	568.43%
Acquisitions
YoY Change
Other Investing Activities	-$9.619M	$467.2K	$2.002M
YoY Change	-1061.86%	-76.66%
Cash From Investing Activities	-$10.40M	-$412.7K	$921.0K
YoY Change	-2604.55%	-144.81%	-669.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-27.66K	6.925M	-25.24K
YoY Change	-100.18%	-27535.54%	-92.64%
NET CHANGE
Cash From Operating Activities	-3.500M	-1.197M	-46.58K
Cash From Investing Activities	-10.40M	-412.7K	921.0K
Cash From Financing Activities	-27.66K	6.925M	-25.24K
Net Change In Cash	-13.93M	5.315M	849.2K
YoY Change	-199.04%	525.88%	-223.12%
FREE CASH FLOW
Cash From Operating Activities	-$3.500M	-$1.197M	-$46.58K
Capital Expenditures	$793.1K	$879.9K	-$1.081M
Free Cash Flow	-$4.293M	-$2.077M	$1.035M
YoY Change	434.35%	-300.8%	-4576.59%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q4	us-gaap	Preferred Stock Value PreferredStockValue		usd
	dei	Entity Central Index Key EntityCentralIndexKey	0001855509
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
CY2022Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent		usd
CY2022Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent		usd
CY2023Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q2	us-gaap	Preferred Stock Value PreferredStockValue		usd
CY2022Q2	us-gaap	Dividend Income Operating DividendIncomeOperating		usd
	us-gaap	Dividend Income Operating DividendIncomeOperating		usd
CY2023Q2	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets		usd
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets		usd
CY2022Q2	tvpc	Employee Retention Credit Income EmployeeRetentionCreditIncome		usd
	tvpc	Employee Retention Credit Income EmployeeRetentionCreditIncome		usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest		usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest		usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment		usd
	tvpc	Payment To Security Deposit PaymentToSecurityDeposit		usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment		usd
	tvpc	Forza Net Proceeds From Issuance Of Common Stock ForzaNetProceedsFromIssuanceOfCommonStock		usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments		usd
	tvpc	Finance Lease FinanceLease		usd
CY2022Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent		usd
CY2022Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent		usd
CY2022Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability		usd
CY2023Q2	us-gaap	Accrued Exchange Fee Rebate Current AccruedExchangeFeeRebateCurrent		usd
CY2023Q2	us-gaap	Other Inventory OtherInventory		usd
CY2022Q4	us-gaap	Accrued Liabilities For Commissions Expense And Taxes AccruedLiabilitiesForCommissionsExpenseAndTaxes		usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear		usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths		usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo		usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree		usd
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate		pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate		pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross		shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
	tvpc	Sharebased Compensation Arrangement By Sharebased Payment Award Options Granted In Period Fair Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantedInPeriodFairValue1		usd
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised		shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod		shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
	tvpc	Sharebased Compensation Arrangement By Sharebased Payment Award Options Forfeited Canceled In Period Fair Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsForfeitedCanceledInPeriodFairValue1		usd
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2023-06-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	001-40623
	dei	Entity Registrant Name EntityRegistrantName	TWIN VEE POWERCATS CO.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	27-1417610
	dei	Entity Address Address Line1 EntityAddressAddressLine1	3101 S. US-1
	dei	Entity Address Country EntityAddressCountry	US
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Ft. Pierce
	dei	Entity Address City Or Town EntityAddressCityOrTown	Florida
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	34982
	dei	City Area Code CityAreaCode	(772)
	dei	Local Phone Number LocalPhoneNumber	429-2525
	dei	Security12b Title Security12bTitle	Common Stock, par value $0.001 per share
	dei	Trading Symbol TradingSymbol	VEEE
	dei	Security Exchange Name SecurityExchangeName	NASDAQ
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
	dei	Entity Shell Company EntityShellCompany	false
CY2023Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	9520000	shares
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	26337127	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23501007	usd
CY2023Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	570133	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	14167	usd
CY2023Q2	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	999609	usd
CY2022Q4	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	1481606	usd
CY2023Q2	us-gaap	Inventory Net InventoryNet	5576480	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	4008332	usd
CY2023Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	454751	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	882417	usd
CY2023Q2	us-gaap	Assets Current AssetsCurrent	33938100	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	29887529	usd
CY2023Q2	us-gaap	Marketable Securities Noncurrent MarketableSecuritiesNoncurrent	947788	usd
CY2022Q4	us-gaap	Marketable Securities Noncurrent MarketableSecuritiesNoncurrent	1445912	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9556167	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5535902	usd
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1092908	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1329620	usd
CY2023Q2	us-gaap	Deposits Assets Noncurrent DepositsAssetsNoncurrent	47517	usd
CY2022Q4	us-gaap	Deposits Assets Noncurrent DepositsAssetsNoncurrent	32517	usd
CY2023Q2	us-gaap	Assets Assets	45582480	usd
CY2022Q4	us-gaap	Assets Assets	38231480	usd
CY2023Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	2465400	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	2065680	usd
CY2023Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1192490	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1240769	usd
CY2023Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	182335	usd
CY2022Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	5300	usd
CY2023Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	178687	usd
CY2023Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	493056	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	479314	usd
CY2023Q2	us-gaap	Liabilities Current LiabilitiesCurrent	4511968	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	3791063	usd
CY2023Q2	us-gaap	Other Loans Payable Long Term OtherLoansPayableLongTerm	499900	usd
CY2022Q4	us-gaap	Other Loans Payable Long Term OtherLoansPayableLongTerm	499900	usd
CY2023Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	2712885	usd
CY2023Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	667169	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	919628	usd
CY2023Q2	us-gaap	Liabilities Liabilities	8391922	usd
CY2022Q4	us-gaap	Liabilities Liabilities	5210591	usd
CY2023Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2023Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2022Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2023Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2022Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2023Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	9520000	shares
CY2023Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	9520000	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	9520000	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	9520000	shares
CY2023Q2	us-gaap	Common Stock Value CommonStockValue	9520	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	9520	usd
CY2023Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	36918233	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	35581022	usd
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-9656223	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-7154808	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	27271530	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	28435734	usd
CY2023Q2	us-gaap	Minority Interest MinorityInterest	9919028	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	4585155	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	37190558	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	33020889	usd
CY2023Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	45582480	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	38231480	usd
CY2023Q2	us-gaap	Revenues Revenues	8124632	usd
CY2022Q2	us-gaap	Revenues Revenues	8519613	usd
	us-gaap	Revenues Revenues	17001847	usd
	us-gaap	Revenues Revenues	14405613	usd
CY2023Q2	us-gaap	Cost Of Revenue CostOfRevenue	5864170	usd
CY2022Q2	us-gaap	Cost Of Revenue CostOfRevenue	5072401	usd
	us-gaap	Cost Of Revenue CostOfRevenue	11519555	usd
	us-gaap	Cost Of Revenue CostOfRevenue	8524047	usd
CY2023Q2	us-gaap	Gross Profit GrossProfit	2260462	usd
CY2022Q2	us-gaap	Gross Profit GrossProfit	3447212	usd
	us-gaap	Gross Profit GrossProfit	5482292	usd
	us-gaap	Gross Profit GrossProfit	5881566	usd
CY2023Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	914430	usd
CY2022Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	637744	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1937120	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1320065	usd
CY2023Q2	us-gaap	Salaries And Wages SalariesAndWages	3426919	usd
CY2022Q2	us-gaap	Salaries And Wages SalariesAndWages	2793281	usd
	us-gaap	Salaries And Wages SalariesAndWages	6776941	usd
	us-gaap	Salaries And Wages SalariesAndWages	5047091	usd
CY2023Q2	us-gaap	Professional Fees ProfessionalFees	417305	usd
CY2022Q2	us-gaap	Professional Fees ProfessionalFees	193542	usd
	us-gaap	Professional Fees ProfessionalFees	715022	usd
	us-gaap	Professional Fees ProfessionalFees	438281	usd
CY2023Q2	us-gaap	Depreciation Depreciation	284562	usd
CY2022Q2	us-gaap	Depreciation Depreciation	119817	usd
	us-gaap	Depreciation Depreciation	502838	usd
	us-gaap	Depreciation Depreciation	199909	usd
CY2023Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	261473	usd
CY2022Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	174807	usd
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	964121	usd
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	396352	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	5304689	usd
CY2022Q2	us-gaap	Operating Expenses OperatingExpenses	3919191	usd
	us-gaap	Operating Expenses OperatingExpenses	10896042	usd
	us-gaap	Operating Expenses OperatingExpenses	7401698	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-3044227	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-471979	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-5413750	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-1520132	usd
CY2023Q2	us-gaap	Dividend Income Operating DividendIncomeOperating	252889	usd
	us-gaap	Dividend Income Operating DividendIncomeOperating	487399	usd
CY2023Q2	us-gaap	Other Income OtherIncome	8654	usd
CY2022Q2	us-gaap	Other Income OtherIncome	2632	usd
	us-gaap	Other Income OtherIncome	7103	usd
	us-gaap	Other Income OtherIncome	3230	usd
CY2023Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-70127	usd
CY2022Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-43716	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-122065	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-83556	usd
CY2023Q2	us-gaap	Interest And Other Income InterestAndOtherIncome	16543	usd
CY2022Q2	us-gaap	Interest And Other Income InterestAndOtherIncome	32901	usd
	us-gaap	Interest And Other Income InterestAndOtherIncome	38973	usd
	us-gaap	Interest And Other Income InterestAndOtherIncome	32925	usd
CY2022Q2	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-31582	usd
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-49990	usd
CY2023Q2	tvpc	Net Change In Fair Value Of Marketable Securities NetChangeInFairValueOfMarketableSecurities	-4957	usd
CY2022Q2	tvpc	Net Change In Fair Value Of Marketable Securities NetChangeInFairValueOfMarketableSecurities	-27038	usd
	tvpc	Net Change In Fair Value Of Marketable Securities NetChangeInFairValueOfMarketableSecurities	3077	usd
	tvpc	Net Change In Fair Value Of Marketable Securities NetChangeInFairValueOfMarketableSecurities	-112576	usd
CY2023Q2	tvpc	Employee Retention Credit Income EmployeeRetentionCreditIncome	937482	usd
	tvpc	Employee Retention Credit Income EmployeeRetentionCreditIncome	1267055	usd
CY2023Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1140484	usd
CY2022Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-66803	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1681542	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-209967	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet	-1903743	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet	-538782	usd
	us-gaap	Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet	-3732208	usd
	us-gaap	Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet	-1730099	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-1903743	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-538782	usd
	us-gaap	Net Income Loss NetIncomeLoss	-3732208	usd
	us-gaap	Net Income Loss NetIncomeLoss	-1730099	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-569100	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1230793	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1334643	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-538782	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2501415	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1730099	usd
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.14
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.14
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.26
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.26
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.25
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.25
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9520000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9520000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7000000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7000000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9520000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9520000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7000000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7000000	shares
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	16699700	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition	224832	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-1191317	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	15733215	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition	301891	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-538782	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	15496324	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	33020889	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition	482964	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-1828465	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	31675388	usd
CY2023Q2	tvpc	Forza Share Issuance Value ForzaShareIssuanceValue	6929552	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition	489361	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-1903743	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	37190558	usd
	us-gaap	Profit Loss ProfitLoss	-3732208	usd
	us-gaap	Profit Loss ProfitLoss	-1730105	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	972325	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	526723	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	502840	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	199909	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-49990	usd
	tvpc	Change Of Rightofuse Asset And Lease Liabilities ChangeOfRightofuseAssetAndLeaseLiabilities	236712	usd
	tvpc	Change Of Rightofuse Asset And Lease Liabilities ChangeOfRightofuseAssetAndLeaseLiabilities	189647	usd
	tvpc	Net Change In Fair Value Of Marketable Securities NetChangeInFairValueOfMarketableSecurities	3077	usd
	tvpc	Net Change In Fair Value Of Marketable Securities NetChangeInFairValueOfMarketableSecurities	-112576	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	555966	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-5137	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1568148	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	2569780	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-427666	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-395553	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	399720	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1061573	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-48279	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	226537	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-238717	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-182038	usd
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	177035	usd
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	518027	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-3430097	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1196251	usd
	tvpc	Payment To Security Deposit PaymentToSecurityDeposit	15000	usd
	tvpc	Net Sales Purchases Of Investment In Trading Marketable Securities NetSalesPurchasesOfInvestmentInTradingMarketableSecurities	983198	usd
	tvpc	Net Sales Purchases Of Investment In Trading Marketable Securities NetSalesPurchasesOfInvestmentInTradingMarketableSecurities	2002591	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	80000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1623867	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1809486	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-655669	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	273105	usd
	tvpc	Forza Net Proceeds From Issuance Of Common Stock ForzaNetProceedsFromIssuanceOfCommonStock	6996015	usd
	tvpc	Forza Deferred Offering Cost ForzaDeferredOfferingCost	66463	usd
	tvpc	Forza Deferred Offering Cost ForzaDeferredOfferingCost	141629	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	7666	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	6921886	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-141629	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	2836120	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-1064775	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	23501007	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6975302	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	26337127	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5910527	usd
	us-gaap	Interest Paid Net InterestPaidNet	110395	usd
	us-gaap	Interest Paid Net InterestPaidNet	73471	usd
	tvpc	Finance Lease FinanceLease	2899238	usd
CY2023Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	182335	usd
CY2022Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	5300	usd
	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_842_eus-gaap--UseOfEstimates_zAXSB3RPli34" style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i><span id="xdx_863_zFnsLrYtisNk">Use of Estimates</span></i></b></p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Some of these judgments can be subjective and complex, and, consequently, actual results may differ from these estimates.</p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p id="xdx_847_eus-gaap--ConcentrationRiskCreditRisk_zjp5HsEuGAuj" style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i><span id="xdx_86D_ztAmaIDKnFO">Concentrations of Credit and Business Risk</span></i></b></p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">Financial instruments that potentially subject the Company to concentrations of credit risk primarily consist of trade receivables. Credit risk on trade receivables is mitigated as a result of the Company’s use of trade letters of credit, dealer floor plan financing arrangements, and the geographically diversified nature of the Company’s customer base. The Company minimizes the concentration of credit risk associated with its cash by maintaining its cash with high quality federally insured financial institutions. However, cash balances in excess of the Federal Deposit Insurance Corporation (“FDIC”) insured limit of $<span id="xdx_903_eus-gaap--CashFDICInsuredAmount_c20230630_pp0p0" title="FDIC insured limit">250,000</span> are at risk. As of June 30, 2023 and December 31, 2022, the Company had $<span id="xdx_903_eus-gaap--CashUninsuredAmount_c20230630_pp0p0" title="FDIC uninsured amount">24,926,490</span> and $<span id="xdx_900_eus-gaap--CashUninsuredAmount_c20221231_pp0p0" title="FDIC uninsured amount">22,666,301</span>, respectively, in excess of FDIC insured limits.</p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2023Q2	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000	usd
CY2023Q2	us-gaap	Cash Uninsured Amount CashUninsuredAmount	24926490	usd
CY2022Q4	us-gaap	Cash Uninsured Amount CashUninsuredAmount	22666301	usd
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	26337127	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23501007	usd
CY2023Q2	us-gaap	Restricted Cash RestrictedCash	200000	usd
	us-gaap	Advertising Expense AdvertisingExpense	241702	usd
	us-gaap	Advertising Expense AdvertisingExpense	18754	usd
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	964121	usd
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	396352	usd
	tvpc	Shipping And Handling Costs ShippingAndHandlingCosts	395767	usd
	tvpc	Shipping And Handling Costs ShippingAndHandlingCosts	54081	usd
CY2023Q2	tvpc	Accounts Payable Related Party Current AccountsPayableRelatedPartyCurrent	3562550	usd
CY2022Q2	tvpc	Accounts Payable Related Party Current AccountsPayableRelatedPartyCurrent	2702733	usd
CY2023Q2	tvpc	Employee Retention Credit EmployeeRetentionCredit	1267055	usd
CY2023Q2	us-gaap	Marketable Securities MarketableSecurities	1947396	usd
CY2022Q4	us-gaap	Marketable Securities MarketableSecurities	2927518	usd
CY2023Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	4685317	usd
CY2022Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	3406371	usd
CY2023Q2	us-gaap	Other Inventory In Transit OtherInventoryInTransit	694413	usd
CY2022Q4	us-gaap	Other Inventory In Transit OtherInventoryInTransit	222607	usd
CY2023Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	155253	usd
CY2022Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	246734	usd
CY2023Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	41497	usd
CY2022Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	132620	usd
CY2023Q2	us-gaap	Inventory Net InventoryNet	5576480	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	4008332	usd
CY2023Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	11117398	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	6594293	usd
CY2023Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1561231	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1058391	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9556167	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5535902	usd
CY2023Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	284562	usd
CY2022Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	119817	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	502840	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	199909	usd
CY2023Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	178687	usd
CY2023Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	2712885	usd
CY2023Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	2891572	usd
CY2023Q2	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	120475	usd
CY2023Q2	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	284950	usd
CY2023Q2	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	284950	usd
CY2023Q2	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	284950	usd
CY2023Q2	us-gaap	Finance Lease Liability Payments Due Year Five FinanceLeaseLiabilityPaymentsDueYearFive	284950	usd
CY2023Q2	us-gaap	Finance Lease Liability Payments Due After Year Five FinanceLeaseLiabilityPaymentsDueAfterYearFive	1982874	usd
CY2023Q2	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	3243149	usd
CY2023Q2	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	351577	usd
CY2023Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	2891572	usd
CY2023Q2	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.0307	pure
CY2023Q2	us-gaap	Lessee Finance Lease Remaining Lease Term LesseeFinanceLeaseRemainingLeaseTerm	P4Y10M28D
	tvpc	Stock Issued During Period Shares Stock Options Expired StockIssuedDuringPeriodSharesStockOptionsExpired	-44394	shares
CY2023Q2	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	511067	usd
CY2022Q4	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	333976	usd
CY2023Q2	us-gaap	Interest Payable Current InterestPayableCurrent	37821	usd
CY2022Q4	us-gaap	Interest Payable Current InterestPayableCurrent	47607	usd
CY2023Q2	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	241650	usd
CY2022Q4	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	20000	usd
CY2022Q4	us-gaap	Accrued Exchange Fee Rebate Current AccruedExchangeFeeRebateCurrent	15000	usd
CY2023Q2	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	40813	usd
CY2022Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	89500	usd
CY2023Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	168910	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	64601	usd
CY2022Q4	us-gaap	Other Inventory OtherInventory	577712	usd
CY2023Q2	us-gaap	Accrued Liabilities For Commissions Expense And Taxes AccruedLiabilitiesForCommissionsExpenseAndTaxes	57805	usd
CY2023Q2	us-gaap	Extended Product Warranty Accrual ExtendedProductWarrantyAccrual	134424	usd
CY2022Q4	us-gaap	Extended Product Warranty Accrual ExtendedProductWarrantyAccrual	92373	usd
CY2023Q2	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	1192490	usd
CY2022Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	1240769	usd
	tvpc	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Expired Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExpiredPrice	-5.40
	tvpc	Sharebased Compensation Arrangement By Sharebased Payment Award Options Expired In Period Fair Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExpiredInPeriodFairValue1	-101960	usd
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	1239177	shares
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	4.09
	tvpc	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1	P8Y5M19D
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1	2154274	usd
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	753175	shares
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	4.43
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P8Y4M2D
CY2023Q2	us-gaap	Cost Of Revenue CostOfRevenue	5864170	usd
CY2023Q2	tvpc	Operating Expense OperatingExpense	5304689	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	499900	usd
CY2023Q2	us-gaap	Long Term Debt LongTermDebt	499900	usd
CY2023Q2	us-gaap	Contractual Obligation ContractualObligation	10215000	usd
CY2022Q4	us-gaap	Contractual Obligation ContractualObligation	10693000	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	11000	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	0	usd
CY2023Q2	us-gaap	Restricted Cash RestrictedCash	200000	usd
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P5Y
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	1283571	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	4.14
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P8Y11M12D
CY2022	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1	2256233	usd
CY2023Q2	us-gaap	Revenues Revenues	8124632	usd
CY2023Q2	tvpc	Income Loss From Operations IncomeLossFromOperations	-3044227	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1140484	usd
CY2023Q2	tvpc	Net Loss NetLoss	-1903743	usd
CY2022Q2	us-gaap	Revenues Revenues	8519613	usd
CY2022Q2	us-gaap	Cost Of Revenue CostOfRevenue	5072401	usd
CY2022Q2	tvpc	Operating Expense OperatingExpense	3919191	usd
CY2022Q2	tvpc	Income Loss From Operations IncomeLossFromOperations	-471979	usd
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-66803	usd
CY2022Q2	tvpc	Net Loss NetLoss	-538782	usd
	us-gaap	Revenues Revenues	17001847	usd
	us-gaap	Cost Of Revenue CostOfRevenue	11519555	usd
	tvpc	Operating Expense OperatingExpense	10896042	usd
	tvpc	Income Loss From Operations IncomeLossFromOperations	-5413750	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1681542	usd
	tvpc	Net Loss NetLoss	-3732208	usd
	us-gaap	Revenues Revenues	14405613	usd
	us-gaap	Cost Of Revenue CostOfRevenue	8524047	usd
	tvpc	Operating Expense OperatingExpense	7401698	usd
	tvpc	Income Loss From Operations IncomeLossFromOperations	-1520132	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-209967	usd
	tvpc	Net Loss NetLoss	-1730099	usd

Files In Submission

Name	View Source	Status
FilingSummary.xml	Edgar Link	unprocessable
e4937_10q_htm.xml	Edgar Link	completed
0001731122-23-001492-index-headers.html	Edgar Link	pending
0001731122-23-001492-index.html	Edgar Link	pending
0001731122-23-001492.txt	Edgar Link	pending
0001731122-23-001492-xbrl.zip	Edgar Link	pending
e4937_10q.htm	Edgar Link	pending
e4937_ex31-1.htm	Edgar Link	pending
e4937_ex31-2.htm	Edgar Link	pending
e4937_ex32-1.htm	Edgar Link	pending
e4937_ex32-2.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
tvpc-20230630.xsd	Edgar Link	pending
tvpc-20230630_def.xml	Edgar Link	unprocessable
tvpc-20230630_cal.xml	Edgar Link	unprocessable
tvpc-20230630_lab.xml	Edgar Link	unprocessable
tvpc-20230630_pre.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$VEEE
Twin Vee PowerCats, Co. Stock $veee

2023 Q3 Form 10-Q Financial Statement

#000173112223001492 Filed on August 14, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VEEE Twin Vee PowerCats, Co. Stock $veee

2023 Q3 Form 10-Q Financial Statement

#000173112223001492 Filed on August 14, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VEEE
Twin Vee PowerCats, Co. Stock $veee