Paragon Motorcycles, Inc.
View this filing on EDGAR (filing index, accession 0002056053-25-000004) | All Form C filings by this company on EDGAR
Filing details
| Company | Paragon Motorcycles, Inc. | (Form C, issuer information) |
|---|---|---|
| State | IN | (Form C, issuer information) |
| Platform | Wefunder Portal LLC | (Form C, issuer information) |
| Filing date | 2025-12-08 | (EDGAR filing index) |
| Date of incorporation | 2011-12-02 | (Form C, issuer information) |
| Employees | 30 | (Form C, issuer information) |
| Security offered | Common Stock | (Form C, offering information) |
| Price per security | $33 | (Form C, offering information) |
| Target amount | $99,990 | (Form C, offering information) |
| Maximum ask | $999,999 | (Form C, offering information) |
| Offering deadline | 2026-04-30 | (Form C, offering information) |
| Platform compensation | 7.9% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering. | (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 | $4,057,702 | $3,082,031 | (Form C, financial summary) |
| Cost of goods sold | $2,763,852 | $1,989,912 | (Form C, financial summary) |
| Net income | -$899,391 | -$926,354 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $28,826 | $26,851 | (Form C, financial summary) |
| Accounts receivable | $184,243 | $0 | (Form C, financial summary) |
| Total assets | $2,066,617 | $1,193,508 | (Form C, financial summary) |
| Short-term debt | $1,670,575 | $1,138,843 | (Form C, financial summary) |
| Long-term debt | $1,037,974 | $559,485 | (Form C, financial summary) |
Mechanical checks that fired
- 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.janusmotorcycles.com
Want the weekly briefing? Subscribe free.