Forza X1 (FRZA)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	7.20 mm	7.20 mm	7.20 mm	7.20 mm	7.20 mm	7.20 mm
Cash burn (monthly)	329.48 k	776.32 k	288.12 k	554.33 k	295.17 k	270.56 k
Cash used (since last report)	919.36 k	2.17 mm	803.95 k	1.55 mm	823.61 k	754.93 k
Cash remaining	6.28 mm	5.03 mm	6.40 mm	5.65 mm	6.38 mm	6.45 mm
Runway (months of cash)	19.1	6.5	22.2	10.2	21.6	23.8

Beta Read what these cash burn values mean

Financial data from Forza X1 earnings reports.

Institutional ownership, Q2 2023

FRZA institutional ownership history Ownership history

50.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	9	6	+50.0%
Opened positions	6	0	NEW
Closed positions	3	0	NEW
Increased positions	1	3	-66.7%
Reduced positions	1	2	-50.0%

13F shares	Current	Prev Q	Change
Total value	1.39 bn	11.42 mm	+12073.2%
Total shares	7.96 mm	51.60 k	+15317.1%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
VEEE Twin Vee Powercats	7.00 mm	$10.50 mm	NEW
Sabby Management	393.41 k	$578.31 mm	NEW
AWM Investment	334.41 k	$491.58 mm	NEW
Lynwood Capital Management	200.00 k	$294.00 mm	NEW
Commonwealth Equity Services	17.00 k	$25.00 k	0.0%
Tower Research Capital	6.39 k	$9.39 mm	-27.1%
Advisor	3.83 k	$5.62 mm	NEW
MS Morgan Stanley	489.00	$719.00 k	NEW
WFC Wells Fargo & Company	23.00	$34.00 k	+4.5%
Proequities	0.00	$0.00

Largest transactions	Shares	Bought/sold	Change
VEEE Twin Vee Powercats	7.00 mm	+7.00 mm	NEW
Sabby Management	393.41 k	+393.41 k	NEW
AWM Investment	334.41 k	+334.41 k	NEW
Lynwood Capital Management	200.00 k	+200.00 k	NEW
Renaissance Technologies	0.00	-16.60 k	EXIT
UBS UBS	0.00	-8.00 k	EXIT
Advisor	3.83 k	+3.83 k	NEW
Tower Research Capital	6.39 k	-2.37 k	-27.1%
BAC Bank of America	0.00	-1.22 k	EXIT
MS Morgan Stanley	489.00	+489.00	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

FRZA insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value
26 Nov 24	Michael Patrick Dickerson	Common Stock	Sale back to company	Dispose D	No	No	0	50,000	0.00
26 Nov 24	Schuyler Kevin	Common Stock	Sale back to company	Dispose D	No	No	0	100,000	0.00
26 Nov 24	Schuyler Kevin	Stock Option Common Stock	Sale back to company	Dispose D	No	No	5	5,500	27.50 k
26 Nov 24	Joseph C Visconti	Common Stock	Sale back to company	Dispose D	No	No	0	98,442	0.00
26 Nov 24	Joseph C Visconti	Stock Option Common Stock	Sale back to company	Dispose D	No	No	0.6963	144,000	100.27 k
26 Nov 24	Joseph C Visconti	Stock Option Common Stock	Sale back to company	Dispose D	No	No	1.33	100,000	133.00 k
26 Nov 24	Joseph C Visconti	Stock Option Common Stock	Sale back to company	Dispose D	No	No	5	400,000	2.00 mm
26 Nov 24	Marcia Kull	Common Stock	Sale back to company	Dispose D	No	No	0	4,605	0.00
26 Nov 24	Marcia Kull	Stock Option Common Stock	Sale back to company	Dispose D	No	No	5	5,500	27.50 k
26 Nov 24	Neil Ross	Common Stock	Sale back to company	Dispose D	No	No	0	31,117	0.00