Lawswaks Inc
View this filing on EDGAR (filing index, accession 0002078093-25-000001) | All Form C filings by this company on EDGAR
Filing details
| Company | Lawswaks Inc | (Form C, issuer information) |
|---|---|---|
| State | TX | (Form C, issuer information) |
| Platform | SMBX LLC | (Form C, issuer information) |
| Filing date | 2025-07-22 | (EDGAR filing index) |
| Date of incorporation | 2023-06-01 | (Form C, issuer information) |
| Employees | 8 | (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 | $100,000 | (Form C, offering information) |
| Offering deadline | 2025-08-28 | (Form C, offering information) |
| Platform compensation | SMBX will be charging a sliding scale capital raise fee based on the total raise amount(up to $7,000 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 | $185,260 | $55 | (Form C, financial summary) |
| Cost of goods sold | $49,313 | $1,410 | (Form C, financial summary) |
| Net income | -$24,358 | -$39,900 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $7,945 | $148,463 | (Form C, financial summary) |
| Accounts receivable | $0 | $0 | (Form C, financial summary) |
| Total assets | $428,089 | $213,215 | (Form C, financial summary) |
| Short-term debt | -$26,352 | $10,789 | (Form C, financial summary) |
| Long-term debt | $494,663 | -$73 | (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: 0002078093-25-000001.
"Related Party Transactions See Ownership and Capital Structure section."
"Compute the amount of a related party’s interest in any transaction without regard to the amount of the profit or loss involved in the transaction."
- 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://wilcobagel.com
Want the weekly briefing? Subscribe free.