Twin Vee PowerCats Co 2026年季度报告

FORM10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2026 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number: 001-40623 TWIN VEE POWERCATS CO. (Exact name of registrant as specified in its charter) 27-1417610(I.R.S. EmployerIdentification No.) 34982(Zip Code) 3101 S. US-1Ft. Pierce, Florida(Address of principal executive offices) (772) 429-2525(Registrant’s telephone number, including area code) Securities registered pursuant to Section12(b)of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer” “smallerreporting company” and “emerging growth company” in Rule12b-2 of the Exchange Act. Large accelerated filer☐Accelerated filer☐Non-accelerated filer☒Smaller reporting company☒Emerging growth company☒ If an emerging growth company indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☒ As of August 3, 2026 there were 574,502 shares of Common Stock, $0.001 par value per share, outstanding. TWIN VEE POWERCATS CO. TABLE OF CONTENTS o.PARTI—FINANCIAL INFORMATION4Item1.Condensed Consolidated Financial Statements (Unaudited)4Condensed Consolidated Balance Sheets as of June 30, 2026 (Unaudited) and December31, 20254Condensed Consolidated Statements of Operations (Unaudited) for the Three and Six Months ended June 30, 2026and 20255Condensed Consolidated Statements of Changes in Stockholders’ Equity (Unaudited) for the Three and Six Monthsended June 30, 2026 and 20256Condensed Consolidated Statements of Cash Flows (Unaudited) for the Three and Six Months ended June 30, 2026and 20257Notesto the Condensed Consolidated Financial Statements (Unaudited)8Item2.Management’s Discussion and Analysis of Financial Condition and Results of Operations28Item3.Quantitative and Qualitative Disclosures About Market Risk37Item4.Controls and Procedures37PARTII—OTHER INFORMATION39Item1.Legal Proceedings39Item1A.Risk Factors39Item2.Unregistered Sales of Equity Securities and Use of Proceeds49Item3.Defaults Upon Senior Securities49Item4.Mine Safety Disclosures49Item5.Other Information49Item6.Exhibits50SIGNATURES51 This Quarterly Report on Form10-Q contains forward-looking statements within the meaning of Section27A of the Securities Act of1933, as amended (the “Securities Act”), and Section21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).All statements, other than statements of historical facts, contained in this Quarterly Report on Form10-Q, including statementsregarding our strategy, future operations, future financial position, future revenues, projected costs, prospects, plans and objectives ofmanagement, are forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,”“predict,” “project,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue” and similar expressions are intended toidentify forward-looking statements, although not all forward-looking statements contain these identifying words. The forward-looking statements contained in this Quarterly Report on Form10-Q are based on assumptions that we have made in lightof our industry experience and our perceptions of historical trends, current conditions, expected future developments, and other factorswe believe are appropriate under the circumstances. As you read and consider this Quarterly Report on Form10-Q, you shouldunderstand that these statements are not guarantees of performance or results. They involve risks, uncertainties (many of which arebeyond our control), and assumptions. Although we believe that these forward-looking statements are based on reasonableassumptions, you should be aware that many factors could affect o