United States Securities and Exchange Commission · EDGAR Accession 0001920988-25-000002

Form C-AR

Annual Report — Regulation Crowdfunding
Campaign file 020-35117
Issuer CIK 1920988
Period 2024-12-31

Faraday Labs, Inc

CorporationDEIncorporated 2018Santa Monica, CAhavnwear.com
B

Financial Condition

two fiscal years, as filed
Revenue +34% YoYBurn decreasingDebt / assets 6%6 employees
Line itemMost recent FYPrior FYΔ
Revenue3,883,1842,900,756▲ 34%
Cost of goods sold1,459,3301,179,774▲ 24%
Net income(317,032)(513,653)▲ burn
Total assets2,020,6661,332,728▲ 52%
Cash & equivalents1,447,323700,831▲ 107%
Accounts receivable(134)0
Short-term debt112,2871,729,379▼ 94%
Long-term debt02,683,768▼ 100%
Taxes paid00

Figures in USD as reported by the issuer.

C

Campaign Timeline

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