EXHIBIT 99.1

TWIN VEE POWERCATS CO. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

	Pro Forma as of September 30,			September 30,
	2025			2025
	(Unaudited)			(Unaudited)
Assets
Current Assets
Cash and cash equivalents		2,704,571.00			2,704,571.00
Restricted cash		215,117.00			215,117.00
Accounts receivable		760,677.04			312,993.00
Marketable securities		—			—
Inventories, net		2,462,141.00			2,462,141.00
Deferred offering costs		—			—
Due from affiliated companies		—			—
Prepaid expenses and other current assets		251,242.00			251,242.00
Deferred offering expenses		151,088.00			151,088.00
Assets held for sale, net		—			3,956,623.00
Total current assets		6,544,836.04			10,053,775.00
Marketable securities - non current					—
Notes Receivable - non current		3,750,000.00			—
Property and equipment, net		8,716,923.00			8,716,923.00
Operating lease right of use asset, net		97,819.00			97,819.00
Security deposit		26,193.00			26,193.00
Total Assets		19,135,771.04			18,894,710.00
Liabilities and Stockholders' Equity
Current Liabilities:
Accounts payable		1,410,071.00			1,410,071.00
Accrued liabilities		599,044.00			599,044.00
Contract liabilities		297,887.00			297,887.00
Note payable - related party		—			—
Due to affiliated companies		—			—
Finance lease liabilities		20,497.00			20,497.00
Operating lease liabilities		109,329.00			109,329.00
Total current liabilities		2,436,828.00			2,436,828.00
Paycheck Protection Program Loan					—
Economic Injury Disaster Loan		499,900.00			499,900.00
Finance lease liabilities - non current		26,362.00			26,362.00
Operating lease liabilities - non current					—
Total Liabilities		2,963,090.00			2,963,090.00
Commitments and contingencies
Stockholders' equity:
Preferred stock: 10,000,000 authorized; $0.001 par value; no shares issued and outstanding		—			—
Common stock: 50,000,000 authorized; $0.001 par value; 2,237,299 and 1,487,445 issued and outstanding at September 30, 2025 and December 31, 2024, respectively		2,237.00			2,237.00
Additional paid-in capital		47,342,162.00			47,342,162.00
Accumulated deficit		(31,171,717.96	)		(31,412,779.00	)
Equity attributed to stockholders of Twin Vee PowerCats Co, Inc.		16,172,681.04			15,931,620.00
Equity attributable to noncontrolling interests		—			—
Total stockholders’ equity		16,172,681.04			15,931,620.00
Total Liabilities and Stockholders' Equity		19,135,771.04			18,894,710.00

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

The accompanying notes are an integral part of these unaudited financial statements