Macrovey LLC
View this filing on EDGAR (filing index, accession 0001669191-25-000358) | All Form C filings by this company on EDGAR
Filing details
| Company | Macrovey LLC | (Form C, issuer information) |
|---|---|---|
| State | GA | (Form C, issuer information) |
| Platform | NetCapital Funding Portal Inc. | (Form C, issuer information) |
| Filing date | 2025-05-08 | (EDGAR filing index) |
| Date of incorporation | 2012-05-03 | (Form C, issuer information) |
| Employees | 22 | (Form C, issuer information) |
| Security offered | Other Membership Units | (Form C, offering information) |
| Price per security | $10 | (Form C, offering information) |
| Target amount | $10,000 | (Form C, offering information) |
| Maximum ask | $1,200,000 | (Form C, offering information) |
| Offering deadline | 2025-08-16 | (Form C, offering information) |
| Platform compensation | Up to 4.9% of amount raised for a successful offering and a listing fee of up to $10,000 | (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 | $5,795,731 | $4,409,559 | (Form C, financial summary) |
| Cost of goods sold | $3,512,525 | $2,331,163 | (Form C, financial summary) |
| Net income | -$1,160,227 | -$1,639,632 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $490,976 | $766,954 | (Form C, financial summary) |
| Accounts receivable | $309,577 | $303,946 | (Form C, financial summary) |
| Total assets | $31,237 | $5,328,436 | (Form C, financial summary) |
| Short-term debt | $348,429 | $604,825 | (Form C, financial summary) |
| Long-term debt | $3,562,558 | $3,545,633 | (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: 0001669191-25-000358, 0001669191-25-000455, 0001669191-25-000499.
GOING CONCERN The Company has net losses of approximately $1.16M and $1.64M and negative cashflows from operations of approximately $1.03M and $1.52M for the years ended December 31, 2024 and 2023, respectively.
Quoted from a financial statement table, so it reads as columns rather than a sentence. Open the filing for the layout.GOING CONCERN The Company has net losses of approximately $1.16M and $1.64M and negative cashflows from operations of approximately $1.03M and $1.52M for the years ended December 31, 2024 and 2023, respectively.
Quoted from a financial statement table, so it reads as columns rather than a sentence. Open the filing for the layout. - 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: 0001669191-25-000358, 0001669191-25-000455, 0001669191-25-000499.
C dba Asbeco (unaudited) Balance Sheets December 31, 2024 Assets Current assets: Cash and cash equivalents Short term investments Investments in marketable securities Accounts receivable, net Prepaid expenses $ Total current assets Property, plant and equipment, net Intangible assets, net Right of use asset Due from related party Other assets Total assets Liabilities and Owners' Deficit Current liabilities: Accounts payable Accrued expenses Operating lease liability, current portion Notes payable, current portion 2023 490,976 263,832 68,471 309,577 - $ 766,954 1,249,804 1,046,831 303,946 80,21
Quoted from a financial statement table, so it reads as columns rather than a sentence. Open the filing for the layout.C dba Asbeco (unaudited) Balance Sheets December 31, 2024 Assets Current assets: Cash and cash equivalents Short term investments Investments in marketable securities Accounts receivable, net Prepaid expenses $ Total current assets Property, plant and equipment, net Intangible assets, net Right of use asset Due from related party Other assets Total assets Liabilities and Owners' Deficit Current liabilities: Accounts payable Accrued expenses Operating lease liability, current portion Notes payable, current portion 2023 490,976 263,832 68,471 309,577 - $ 766,954 1,249,804 1,046,831 303,946 80,21
Quoted from a financial statement table, so it reads as columns rather than a sentence. Open the filing for the layout. - 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://macrovey.com
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