VEEE · Twin Vee PowerCats, Co.
$11.71
-0.25 (-2.09%)
At close · Aug 14
Going-concern doubt
— flagged Aug 6, 2026
Substantial doubt about the company's ability to continue as a going concern.
“These factors raise substantial doubt about our ability to continue as a going concern for one year after the condensed consolidated financial statements included in this Quarterly Report are issued.”View the 10-Q filed Aug 6, 2026
Market Cap
$6.73M
Shares
574,502
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Joseph C. Visconti | President and Chief Executive Officer Michael P. Dickerson Former Chief Financial & Administrative Officer | $1,022,073 |
| Preston Yarborough | Vice President | $312,223 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Preston Yarborough | Vice President | $297,297 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Joseph C. Visconti | President and Chief Executive Officer | $2,584,552 |
| Carrie Gunnerson | Chief Financial Officer | $380,358 |
| Preston Yarborough | Vice President | $211,197 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Joseph C. Visconti | President and Chief Executive Officer | $1,135,788 |
| Preston Yarborough | Vice President | $548,835 |
| Carrie Gunnerson | Chief Financial Officer | $283,111 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Scott Searles | Interim Chief Financial Officer | Terminated | 2026-01-12 |
| Joseph Visconti | Interim Chief Financial Officer | Appointed | 2026-01-12 |
| Scott Searles | Interim Chief Financial Officer | Appointed | 2025-09-23 |
| Mike Dickerson | Chief Financial Officer | Resigned | 2025-06-20 |
| Karl Zimmer | President | Resigned | 2025-01-23 |
| Joseph Visconti | President | Appointed | 2025-01-23 |
| Karl Zimmer | President | Resigned | 2024-12-05 |
| James Melvin | directors of Twin Vee | Resigned | 2024-11-26 |
| Bard Rockenbach | directors of Twin Vee | Resigned | 2024-11-26 |
| Marcia Kull | director of Twin Vee | Appointed | 2024-11-26 |
| Kevin Schuyler | Class III director | Appointed | 2024-11-12 |
| Joseph Visconti | Class III director | Appointed | 2024-11-12 |
| Karl J. Zimmer | President | Appointed | 2024-07-15 |
| Michael P. Dickerson | Chief Financial & Administrative Officer | Appointed | 2024-04-05 |
| Carrie Gunnerson | Interim Chief Financial Officer | Resigned | 2024-03-08 |
| Carrie Gunnerson | Chief Financial Officer | Resigned | 2024-03-08 |
| Joseph Visconti | Executive Chairman of the Board of Directors and Chief of Product Development | Appointed | 2022-08-17 |
| Nicole Camacho | Forza X1's new Chief Financial Officer | Appointed | 2022-08-17 |
| Carrie Gunnerson | Forza X1's Chief Financial Officer | Resigned | 2022-08-17 |
| Kevin Schuyler | Class III director of the Company | Appointed | 2022-07-06 |
| Steven A. Shallcross | member of the Board of Directors | Resigned | 2022-07-06 |