{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-23-000495","form_type":"8-K","ticker":"VEEE","cik":"0001855509","company_name":"Twin Vee PowerCats, Co.","filed_at":"2023-03-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.184607+00:00","generated_at":"2026-06-17T11:11:33.044912+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Twin Vee PowerCats FY2022 revenue $32M (+103% YoY); net loss from core gas boats $2.1M, electric segment $3.6M","bullets":["Revenue $31.988M, up 103% from $15.774M in 2021.","Gross profit $10.657M vs $6.276M; net loss from core gas boats $2.144M, electric segment $3.578M.","Adjusted net loss $3.2M; adjusted net loss for core gas boats $135K (non-GAAP).","Cash and marketable securities $26.4M, no long-term debt; total assets $38.4M.","Operational: new models (400 GFX), 19 dealer additions, Mercury Marine agreement, LEAN manufacturing."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-23-000495","json":"https://secwatch.observer/filing/0001731122-23-000495.json","markdown":"https://secwatch.observer/filing/0001731122-23-000495.md","text":"https://secwatch.observer/filing/0001731122-23-000495.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1855509/000173112223000495/0001731122-23-000495-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1855509/000173112223000495/e4545_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T11:11:33.044912+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"428b0efb3d4c7d4a7064ae17ca3d1fa28f8a206b","claim":"Twin Vee PowerCats, Co. reported the year ended December 31, 2022 results: revenue approximately $31,988,000, net income Net loss from operations of our core business, gas-powered boats, was approximately $2,144,000.","evidence_excerpt":"facility upgrades and capital equipment in the past 12 months.” Year End 2022 Financial Highlights : ● Revenue for the year ended December 31, 2022 was approximately $31,988,000, representing a 103% increase compared to approximately $15,774,000 for the year ended December 31, 2021. ● Gross profit for the year ended December 31, 2022 was approximately","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1855509/000173112223000495/0001731122-23-000495-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Revenue","value":"approximately $31,988,000"},{"label":"Net income","value":"Net loss from operations of our core business, gas-powered boats, was approximately $2,144,000"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}