Updates to Offering Memorandum Doc - Indebtedness and Current Capital Resources sections with addition of new $300k debt
Target is 2% of the maximum. Over-subscriptions accepted.
| Line item | Most recent FY | Prior FY | Δ |
|---|---|---|---|
| Revenue | 0 | 0 | — |
| Cost of goods sold | 0 | 0 | — |
| Net income | (414,564) | (128,594) | ▼ burn |
| Total assets | 79,646 | 70,876 | ▲ 12% |
| Cash & equivalents | 72,272 | 67,147 | ▲ 8% |
| Accounts receivable | 0 | 0 | — |
| Short-term debt | 1,070,419 | 142,368 | ▲ 652% |
| Long-term debt | 415,283 | 920,000 | ▼ 55% |
| Taxes paid | 0 | 0 | — |
Figures in USD as reported by the issuer. Securities offered in all 50 states.