United States Securities and Exchange Commission · EDGAR Accession 0001720264-26-000002

Form C-AR

Annual Report — Regulation Crowdfunding
Issuer CIK 1720264
Period 2025-12-31

Kuleana Spirits, Inc.

CorporationDEIncorporated 2017Kamuela, HIkuleanarum.com
B

Financial Condition

two fiscal years, as filed
Revenue +11% YoYBurn decreasingDebt / assets 7%50 employees
Line itemMost recent FYPrior FYΔ
Revenue4,097,3073,705,059▲ 11%
Cost of goods sold1,891,9931,715,004▲ 10%
Net income(2,406,150)(2,570,437)▲ burn
Total assets8,207,9267,929,044▲ 4%
Cash & equivalents370,278222,279▲ 67%
Accounts receivable220,2320
Short-term debt6,2450
Long-term debt537,7050
Taxes paid00

Figures in USD as reported by the issuer.