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VEEE (Twin Vee PowerCats Co) Construction In Progress : $2.57 Mil (As of Mar. 2025)


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What is Twin Vee PowerCats Co Construction In Progress?

Twin Vee PowerCats Co's quarterly construction in progress increased from Sep. 2024 ($5.05 Mil) to Dec. 2024 ($6.13 Mil) but then declined from Dec. 2024 ($6.13 Mil) to Mar. 2025 ($2.57 Mil).

Twin Vee PowerCats Co's annual construction in progress increased from Dec. 2022 ($0.86 Mil) to Dec. 2023 ($2.98 Mil) and increased from Dec. 2023 ($2.98 Mil) to Dec. 2024 ($6.13 Mil).


Twin Vee PowerCats Co Construction In Progress Historical Data

The historical data trend for Twin Vee PowerCats Co's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Twin Vee PowerCats Co Construction In Progress Chart

Twin Vee PowerCats Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial - - 0.86 2.98 6.13

Twin Vee PowerCats Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.43 4.27 5.05 6.13 2.57

Twin Vee PowerCats Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Twin Vee PowerCats Co Business Description

Traded in Other Exchanges
N/A
Address
3101 South US Highway 1, Fort Pierce, FL, USA, 34982
Twin Vee PowerCats Co is a designer, manufacturer, and marketer of recreational and commercial power boats to use for fishing, diving and water skiing, and commercial activities including transportation, eco-tours, fishing, and diving expeditions. The company offers various boat models, including Twin Vee 400 GFX2 CC, Twin Vee 280 GFX2 CC, and Twin Vee 260 Center Console STX, among others. Its products are marketed under two brands, Twin Vee for its catamarans, or dual-hull vessels, and Aquasport for its V-hull boats. The company sells its boats through a network of independent boat dealers across North America, the Caribbean, and Central America who resell the boats to the end user, Twin Vee customers.
Executives
Joseph C Visconti director, 10 percent owner, officer: CEO and President 525 SOUTH FLAGLER DRIVE #400, WEST PALM BEACH FL 33401
Kevin Schuyler director 1180 SEMINOLE TRAIL, SUITE 495, CHARLOTTESVILLE VA 22901
Bard D. Rockenbach director 3101 S. US-1, FT. PIERCE FL 34982
Carrie L. Gunnerson officer: Chief Financial Officer 5556 HIGHWAY 9, ARMSTRONG IA 50514
Steven A Shallcross director C/O ELYS GAME TECHNOLOGY CORP., 130 ADELAIDE STREET WEST, SUITE 701, TORONTO A6 M5H2K4
Twin Vee Powercats, Inc. 10 percent owner 3101 SOUTH US HIGHWAY 1, FT PIERCE FL 34982
Neil Ross director 3101 S. US-1, FT. PIERCE FL 34982
Donna Barnett officer: Chief Financial Officer 3101 S. US-1, FT. PIERCE FL 34982
Preston Yarborough director, officer: Vice President 3101 S. US-1, FT. PIERCE FL 34981
James Henry Melvin director 3101 S. US-1, FT. PIERCE FL 34982
Daniel Norton officer: Chief Engineer 3101 S. US-1, FT. PIERCE FL 34982