{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-23-001422","form_type":"8-K","ticker":"VEEE","cik":"0001855509","company_name":"Twin Vee PowerCats, Co.","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.811901+00:00","generated_at":"2026-06-11T23:26:57.610248+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Forza X1 (FRZA) subsidiary of Twin Vee (VEEE) reports Q2 cash $16.5M, $12M purchase order","bullets":["Cash and cash equivalents of $16.5M as of June 30, 2023; working capital $16.8M.","Received initial purchase order from OneWater Marine for 100 units of 22-foot electric monohull, representing ~$12M revenue.","Completed public offering of 5.34M shares at $1.50/share for gross proceeds of $8M, to fund NC manufacturing facility.","Expect revenues from electric boat sales to commence in late 2023/early 2024; continues prototype development.","North Carolina factory land clearing and rough grading complete; final grading and site construction expected before end of Q3 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-23-001422","json":"https://secwatch.observer/filing/0001731122-23-001422.json","markdown":"https://secwatch.observer/filing/0001731122-23-001422.md","text":"https://secwatch.observer/filing/0001731122-23-001422.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1855509/000173112223001422/0001731122-23-001422-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1855509/000173112223001422/e4909_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T23:26:57.610248+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":"ba6d888b1f40f136aa4ee6abe1af18143a4022ed","claim":"Twin Vee PowerCats, Co. reported financial results for the quarter ended June 30, 2023.","evidence_excerpt":"On August 7, 2023, Twin Vee PowerCats Co.’s subsidiary, Forza X1, Inc., issued a press release announcing its financial results for the quarter ended June 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1855509/000173112223001422/0001731122-23-001422-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"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"}