ENDOSURE, INC.
View this filing on EDGAR (filing index, accession 0001665160-24-001732) | All Form C filings by this company on EDGAR
Filing details
| Company | ENDOSURE, INC. | (Form C, issuer information) |
|---|---|---|
| State | MD | (Form C, issuer information) |
| Platform | StartEngine Primary, LLC | (Form C, issuer information) |
| Filing date | 2024-12-02 | (EDGAR filing index) |
| Date of incorporation | 2022-07-07 | (Form C, issuer information) |
| Employees | 8 | (Form C, issuer information) |
| Security offered | Common Stock | (Form C, offering information) |
| Price per security | $4 | (Form C, offering information) |
| Target amount | $123,998 | (Form C, offering information) |
| Maximum ask | $1,234,999 | (Form C, offering information) |
| Offering deadline | 2025-03-03 | (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 | $224,716 | $14,850 | (Form C, financial summary) |
| Cost of goods sold | $22,999 | $5,400 | (Form C, financial summary) |
| Net income | -$208,368 | -$171,953 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $2,652 | $23,277 | (Form C, financial summary) |
| Accounts receivable | $1,376 | $0 | (Form C, financial summary) |
| Total assets | $42,473 | $23,277 | (Form C, financial summary) |
| Short-term debt | $167,774 | $23,166 | (Form C, financial summary) |
| Long-term debt | $422,394 | $194,830 | (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://endosure.com
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