United States Securities and Exchange Commission · EDGAR Accession 0001665160-25-001258

Form C-U

Offering Progress Update — Regulation Crowdfunding
Campaign file 020-35950
Issuer CIK 2065437
Raising via StartEngine Primary, LLC

Drop Water Corp

CorporationDEIncorporated 2013SAN LUIS OBISPO, CAdropwater.co
Progress updateThe Issuer closed on $0 and no securities.
A

The Offering

as disclosed in this filing
Other (Series A Preferred Stock)
$0.70
$123,999
$1,235,000
August 26, 2025
Expired 292 days ago
$0max $1,235,000

Target is 10% of the maximum. Over-subscriptions accepted.

B

Financial Condition

two fiscal years, as filed
Revenue −55% YoYBurn increasingDebt / assets 159%9 employees
Line itemMost recent FYPrior FYΔ
Revenue48,249106,434▼ 55%
Cost of goods sold119,451136,642▼ 13%
Net income(1,846,068)(1,836,941)▼ burn
Total assets3,185,3325,046,215▼ 37%
Cash & equivalents1,045,7372,694,229▼ 61%
Accounts receivable7,9864,000▲ 100%
Short-term debt164,583164,798▼ 0%
Long-term debt4,885,0914,991,686▼ 2%
Taxes paid00

Figures in USD as reported by the issuer. Securities offered in all 50 states.

C

Campaign Timeline

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