Immersed Inc.
View this filing on EDGAR (filing index, accession 0001104659-25-059806) | All Form C filings by this company on EDGAR
Filing details
| Company | Immersed Inc. | (Form C, issuer information) |
|---|---|---|
| State | TX | (Form C, issuer information) |
| Platform | DEALMAKER SECURITIES LLC | (Form C, issuer information) |
| Filing date | 2025-06-16 | (EDGAR filing index) |
| Date of incorporation | 2017-01-04 | (Form C, issuer information) |
| Employees | 27 | (Form C, issuer information) |
| Security offered | Other Convertible Promissory Note | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $10,300 | (Form C, offering information) |
| Maximum ask | $3,244,266 | (Form C, offering information) |
| Offering deadline | 2026-04-30 | (Form C, offering information) |
| Platform compensation | 8.5% cash commission based on the dollar amount of the Securities sold in the Offering, $2,000 monthly fee for the use of the platform and a $13,000 monthly fee for marketing advisory services. | (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 | $659,590 | $220,413 | (Form C, financial summary) |
| Cost of goods sold | -$155,331 | -$72,068 | (Form C, financial summary) |
| Net income | -$14,269,329 | -$5,307,684 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $242,490 | $1,589,997 | (Form C, financial summary) |
| Accounts receivable | $114,314 | $625,463 | (Form C, financial summary) |
| Total assets | $910,784 | $3,208,152 | (Form C, financial summary) |
| Short-term debt | $10,265,487 | $2,678,785 | (Form C, financial summary) |
| Long-term debt | $4,599,300 | $450,000 | (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: 0001104659-25-059806, 0001104659-25-076808, 0001104659-25-093832, 0001104659-25-112687.
"These factors, among others, raise substantial doubt about our ability to continue as a going concern."
"These factors, among others, raise 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: 0001104659-25-059806, 0001104659-25-076808, 0001104659-25-093832, 0001104659-25-112687.
"Review, Approval and Ratification of Related Party Transactions Our board of directors reviews and approves all related party transactions. 65 FINANCIAL INFORMATION Please see the financial information listed on the cover page of this Form C and attached hereto in addition to the following information."
"Review, Approval and Ratification of Related Party Transactions Our board of directors reviews and approves all related party transactions. 65 FINANCIAL INFORMATION Please see the financial information listed on the cover page of this Form C and attached hereto in addition to the following information."
- 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.
- 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
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