Company / R&D Expense
Twin Vee PowerCats, Co. R&D Expense History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$586.4K
FY2025
5-year range
$0 / $1.4M
FY2021-FY2025
Trend
-59.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Declined from $941,533 to $586,379 over the past 2 years.
Based on SEC 10-K filings.
$586,379 in FY2025 with a 3-year CAGR of +40.6%.
Declined from $941,533 to $586,379 over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +40.6%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of +40.6%, indicating consistent growth.
- In FY2025, r&d expense decreased 59.4% year-over-year.
- Peak r&d expense was recorded in FY2024.
- Lowest r&d expense in the period was in FY2021.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -4.49 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $586.4K | -59.4% |
| FY2024 | $1.4M | +53.3% |
| FY2023 | $941.5K | +346.0% |
| FY2022 | $211.1K | - |
| FY2021 | $0 | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026