Arctic 7, Inc.
View this filing on EDGAR (filing index, accession 0002095549-26-000002) | All Form C filings by this company on EDGAR
Filing details
| Company | Arctic 7, Inc. | (Form C, issuer information) |
|---|---|---|
| State | TX | (Form C, issuer information) |
| Platform | StartEngine Primary, LLC | (Form C, issuer information) |
| Filing date | 2026-04-08 | (EDGAR filing index) |
| Date of incorporation | 2021-06-01 | (Form C, issuer information) |
| Employees | 25 | (Form C, issuer information) |
| Security offered | Common Stock | (Form C, offering information) |
| Price per security | $2 | (Form C, offering information) |
| Target amount | $20,000 | (Form C, offering information) |
| Maximum ask | $1,234,998 | (Form C, offering information) |
| Offering deadline | 2026-07-07 | (Form C, offering information) |
| Platform compensation | 7 - 13 percent | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $7,722,203 | $7,796,189 | (Form C, financial summary) |
| Cost of goods sold | $4,611,687 | $6,857,298 | (Form C, financial summary) |
| Net income | -$2,420,129 | -$3,584,547 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $458,327 | $5,231,667 | (Form C, financial summary) |
| Accounts receivable | $265,610 | $547,390 | (Form C, financial summary) |
| Total assets | $5,086,281 | $7,506,739 | (Form C, financial summary) |
| Short-term debt | $5,782,931 | $9,335,093 | (Form C, financial summary) |
| Long-term debt | $1,328,049 | $376,627 | (Form C, financial summary) |
Mechanical checks that fired
- Net loss in both years. Net income is negative in both fiscal years reported in the Form C financial summary.
- Cash below one year of losses. Net loss for the most recent fiscal year is larger than year-end cash, both as reported in the Form C financial summary.
- Debt above assets. Short-term plus long-term debt is larger than total assets in the Form C financial summary.
- Platform compensation of 8% or more. The platform compensation stated in the Form C is 8% or more of the offering.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
Company website as listed in the Form C: https://www.arctic7.com/
Want the weekly briefing? Subscribe free.