Twin Vee PowerCats Co. Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Net Loss Per Share

Net Loss Per Share

12 Months Ended

Dec. 31, 2025

15. Net Loss Per Share

Basic net loss per share has been computed on the basis of the weighted average number of shares of common stock outstanding. Diluted net loss per share of common stock has been computed on the basis of the weighted average number of shares outstanding plus equivalent shares of common stock assuming exercise of stock options. Potential shares of common stock that have an anti-dilutive effect (i.e., those that share or decrease loss per share) are excluded from the calculation of diluted net loss per share of common stock.

Basic and diluted loss per common share have been computed based on the following as of years ending December 31, 2025 and 2024:

Schedule of earning per share
	December 31,			December 31,
	2025			2024

Numerator for basic and diluted net loss per share:
Net loss attributable to stockholders of Twin Vee PowerCats Co. Inc.	$	(8,607,273	)	$	(11,045,971	)
Denominator:
For basic net loss per share - weighted average common shares outstanding		1,968,121			1,003,204
Effect of dilutive stock options		—			—
For diluted net loss per share - weighted average common shares outstanding		1,968,121			1,003,204
Net loss per share -Basic:
Net loss per share	$	(4.37	)	$	(11.01	)
Net loss per share - Diluted:
Net loss per share	$	(4.37	)	$	(11.01	)

For the years ended December 31, 2025 and 2024, all potentially dilutive securities were antidilutive.

All share numbers have been retrospectively adjusted for the one-for-ten reverse stock split effective April 7, 2025.