Twin Vee PowerCats Co. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Inventories

Inventories

3 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

Accounting Policies [Abstract]

2. Inventories

At March 31, 2021 and December 31, 2020 inventories consisted of the following:

		March 31,				December 31,
		2021				2020
Raw materials		$	945,883			$	763,633
Work in process			215,507				173,043
Finished product			90,417				—
Total inventory		$	1,251,807			$	936,676

2. Inventories

At December 31, 2020 and 2019 inventories consisted of the following:

		2020				2019

Raw materials		$	763,633			$	511,166
Work in process			173,043				192,990

Total inventory		$	936,676			$	704,156