Name | Value |
---|---|
Revenues | 0.0K |
Cost of Revenue | 11.9K |
Gross Profit | -11.9K |
Operating Expense | 852.5K |
Operating I/L | -864.4K |
Other Income/Expense | -31.3K |
Interest Income | 62.8K |
Pretax | -895.7K |
Income Tax Expense | 0.0K |
Net Income/Loss | -895.7K |
Forza X1, Inc. specializes in the design, development, and manufacturing of fully electric boats in the United States. The company's business model revolves around offering its products through a vertically integrated direct-to-consumer system, ensuring a streamlined approach to sales and distribution. By focusing on the production of electric boats, Forza X1, Inc. aims to capitalize on the growing demand for sustainable marine transportation solutions, catering to environmentally conscious consumers and businesses seeking eco-friendly alternatives for their watercraft needs.