United States Securities and Exchange Commission · EDGAR Accession 0001875066-26-000001

Form C-AR

Annual Report — Regulation Crowdfunding
Issuer CIK 1875066
Period 2024-12-31

Lips Co.

CorporationDEIncorporated 2019San Francisco, CAreliabl.ai
B

Financial Condition

two fiscal years, as filed
Burn increasingDebt / assets 254%1 employee
Line itemMost recent FYPrior FYΔ
Revenue1400
Cost of goods sold34830
Net income(160,407)(35,453)▼ burn
Total assets204,855131,056▲ 56%
Cash & equivalents60,94811,444▲ 433%
Accounts receivable00
Short-term debt128,205102,873▲ 25%
Long-term debt392,005177,005▲ 121%
Taxes paid9,9960

Figures in USD as reported by the issuer.