Twin Vee PowerCats Co. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Organization and Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Property and Equipment (Details)

v3.21.2

Property and Equipment (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 2,008,590	$ 1,651,906
Less accumulated depreciation and amortization	(363,606)	(286,877)
Property and equipment, net	1,644,984	1,365,029
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	970,109	985,862
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	1,850	1,850
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	386,441	228,875
Software Development [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	113,120	113,120
Computer Hardware And Software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	51,962	49,967
Boat Molds [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	126,000	126,000
New Model Development [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 359,108	$ 146,232

- Definition

Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.

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