Fit Oregon LLC
View this filing on EDGAR (filing index, accession 0002047468-24-000001) | All Form C filings by this company on EDGAR
Filing details
| Company | Fit Oregon LLC | (Form C, issuer information) |
|---|---|---|
| State | OR | (Form C, issuer information) |
| Platform | SMBX, Inc. | (Form C, issuer information) |
| Filing date | 2024-12-19 | (EDGAR filing index) |
| Date of incorporation | 2013-03-12 | (Form C, issuer information) |
| Employees | 15 | (Form C, issuer information) |
| Security offered | Debt | (Form C, offering information) |
| Price per security | $10 | (Form C, offering information) |
| Target amount | $10,000 | (Form C, offering information) |
| Maximum ask | $350,000 | (Form C, offering information) |
| Offering deadline | 2025-02-20 | (Form C, offering information) |
| Platform compensation | SMBX will be charging a capital raise fee of 6.00% (up to $21,000 based on the total amount raised). Every month until the security is paid off, SMBX will also be charging a $50.00 payment processing fee to the Issuer. | (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 | $731,627 | $805,187 | (Form C, financial summary) |
| Cost of goods sold | $2,034 | $0 | (Form C, financial summary) |
| Net income | -$113,109 | -$51,874 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $66,158 | $68,975 | (Form C, financial summary) |
| Accounts receivable | $2,512 | $2,512 | (Form C, financial summary) |
| Total assets | $99,951 | $221,575 | (Form C, financial summary) |
| Short-term debt | $8,829 | $1,099 | (Form C, financial summary) |
| Long-term debt | $293,094 | $301,221 | (Form C, financial summary) |
Mechanical checks that fired
- 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: 0002047468-24-000001, 0002047468-25-000001.
"Related Party Transactions See Ownership and Capital Structure section."
"Related Party Transactions See Ownership and Capital Structure section."
- 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.
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.fulcrumfitness.com/
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