Flow Immersive, Inc
View this filing on EDGAR (filing index, accession 0001665160-24-001801) | All Form C filings by this company on EDGAR
Filing details
| Company | Flow Immersive, Inc | (Form C, issuer information) |
|---|---|---|
| State | CA | (Form C, issuer information) |
| Platform | StartEngine Primary, LLC | (Form C, issuer information) |
| Filing date | 2024-12-12 | (EDGAR filing index) |
| Date of incorporation | 2016-05-04 | (Form C, issuer information) |
| Employees | 2 | (Form C, issuer information) |
| Security offered | Other Convertible Note | (Form C, offering information) |
| Price per security | not reported | (Form C, offering information) |
| Target amount | $124,000 | (Form C, offering information) |
| Maximum ask | $1,235,000 | (Form C, offering information) |
| Offering deadline | 2025-03-13 | (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 | $308,911 | $806,082 | (Form C, financial summary) |
| Cost of goods sold | $20,259 | $36,690 | (Form C, financial summary) |
| Net income | $4,328 | $180,736 | (Form C, financial summary) |
| Taxes paid | $615 | $1,633 | (Form C, financial summary) |
| Cash and equivalents | $557 | $23,350 | (Form C, financial summary) |
| Accounts receivable | $42,330 | $31,146 | (Form C, financial summary) |
| Total assets | $868,399 | $550,844 | (Form C, financial summary) |
| Short-term debt | $211,904 | $69,584 | (Form C, financial summary) |
| Long-term debt | $1,557,382 | $1,387,304 | (Form C, financial summary) |
Mechanical checks that fired
- 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://flowimmersive.com
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