Twin Vee PowerCats Co. Recreational boat manufacturer currently valued less than cash per share

Ticker: VEEE

Business Model: Recreational Consumer Boat Designer

May 7th Earnings: [https://ir.twinvee.com/news-events/press-releases/detail/189/twin-vee-powercats-reports-continued-revenue-growth-in-the](https://ir.twinvee.com/news-events/press-releases/detail/189/twin-vee-powercats-reports-continued-revenue-growth-in-the)

Market Cap: $3M

Last Reverse Split: May 4th at 1 for 37.

Current float: 500K Shares

Current Share Price: 5.95 All Time Low.

Available Cash on Hand: $5.46M.

Debt: $2.69M

Cash Per Share: 10.38 Share Price.

Insider Buys: 5 between the weeks of 02/26/26 and 03/19/2026 totaling $125,000 at an average post split price of $15 per share.

Seems like it should be at least an easy 2X or 3X from here minimum eventually?

Thoughts?