Fisher Wallace Laboratories, Inc.
View this filing on EDGAR (filing index, accession 0001787792-25-000007) | All Form C filings by this company on EDGAR
Filing details
| Company | Fisher Wallace Laboratories, Inc. | (Form C, issuer information) |
|---|---|---|
| State | NY | (Form C, issuer information) |
| Platform | DEALMAKER SECURITIES LLC | (Form C, issuer information) |
| Filing date | 2025-10-02 | (EDGAR filing index) |
| Date of incorporation | 2019-08-23 | (Form C, issuer information) |
| Employees | 5 | (Form C, issuer information) |
| Security offered | Common Stock | (Form C, offering information) |
| Price per security | $11 | (Form C, offering information) |
| Target amount | $50,032 | (Form C, offering information) |
| Maximum ask | $900,024 | (Form C, offering information) |
| Offering deadline | 2025-10-22 | (Form C, offering information) |
| Platform compensation | Up to 8.5% | (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 | $47,412 | $2,019,527 | (Form C, financial summary) |
| Cost of goods sold | $3,012 | $350,736 | (Form C, financial summary) |
| Net income | -$1,579,900 | -$1,644,382 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $41,626 | $311,160 | (Form C, financial summary) |
| Accounts receivable | $0 | $0 | (Form C, financial summary) |
| Total assets | $154,382 | $361,017 | (Form C, financial summary) |
| Short-term debt | $596,720 | $569,243 | (Form C, financial summary) |
| Long-term debt | $940,656 | $866,830 | (Form C, financial summary) |
Mechanical checks that fired
- Going-concern language. Going-concern language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The quoted sentence is below. Read the auditor or accountant notes in the filing for the full context. Found in: 0001787792-25-000007.
"Our auditor has issued a “going concern” opinion on our financial statements because of our recurring losses from operations and net capital deficiency has raised substantial doubt about our ability to continue as a going concern."
"Accordingly, our independent auditor’s report includes a paragraph regarding substantial doubt about our ability to continue as a going concern."
- Related-party language. Related-party language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The phrase can describe routine or unusual arrangements, so read the quoted sentence and the filing. Found in: 0001787792-25-000007.
"Management evaluates the terms of all related party transactions to ensure proper classification, measurement, and disclosure in the financial statements. -9- FISHER WALLACE LABORATORIES INC NOTES TO FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 Fair Value of Financial Instruments The carrying value of the Company’s financial instruments inclu"
"ill have limited ability, if at all, to influence our policies or any other corporate matter, including the election of directors, changes to our company’s governance documents, additional issuances of securities, company repurchases of securities, a sale of the company or of assets of the company or transactions with related parties."
- 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.
- Maximum ask above 10x revenue. The maximum offering amount is more than 10 times the most recent fiscal year revenue (or revenue is $0), per the Form C.
- Repeat Form C filer. This company filed 2 or more new Form C filings between 2024-10-21 to 2026-10-27 on EDGAR.
- 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.
Other Form C filings by this company in our data
- Form C filed 2026-10-07
- Form C filed 2026-04-17
- Form C filed 2026-01-30
- Form C filed 2025-11-24
- Form C filed 2025-02-20
- Form C filed 2024-12-12
Want the weekly briefing? Subscribe free.