Rad Technologies Inc.
View this filing on EDGAR (filing index, accession 0001493152-26-046581) | All Form C filings by this company on EDGAR
Filing details
| Company | Rad Technologies Inc. | (Form C, issuer information) |
|---|---|---|
| State | CA | (Form C, issuer information) |
| Platform | DEALMAKER SECURITIES LLC | (Form C, issuer information) |
| Filing date | 2026-10-09 | (EDGAR filing index) |
| Date of incorporation | 2018-07-06 | (Form C, issuer information) |
| Employees | 59 | (Form C, issuer information) |
| Security offered | Other SAFE (Simple Agreement for Future Equity) | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $10,000 | (Form C, offering information) |
| Maximum ask | $3,951,098 | (Form C, offering information) |
| Offering deadline | 2027-04-30 | (Form C, offering information) |
| Platform compensation | DealMaker will receive cash compensation equal to 8.5% of amount raised which includes processing/transaction fees, AML searches, $10k set-up fee, and $2k month for platform and marketing 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 | $2,161,000 | $1,151,637 | (Form C, financial summary) |
| Cost of goods sold | $2,386,338 | $1,569,483 | (Form C, financial summary) |
| Net income | -$19,952,455 | -$8,626,950 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $7,438,572 | $277,938 | (Form C, financial summary) |
| Accounts receivable | $438,841 | $92,591 | (Form C, financial summary) |
| Total assets | $9,957,365 | $2,590,425 | (Form C, financial summary) |
| Short-term debt | $1,596,898 | $1,491,562 | (Form C, financial summary) |
| Long-term debt | $500,000 | $1,013,135 | (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: 0001493152-26-046581.
"GOING CONCERN The Company has evaluated whether there are certain conditions and events, considered in the aggregate, that raise a substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the consolidated financial statements are issued."
"GOING CONCERN The Company has evaluated whether there are certain conditions and events, considered in the aggregate, that raise a substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the consolidated financial statements are issued."
- 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: 0001493152-26-046581.
"in operating activities from continuing operations Net cash used in operating activities from discontinued operations Net cash used in operating activities Cash flows from investing activities: Deposits Net cash used in investing activities from continuing operations Cash flows from financing activities: Repayments to related parties Repayment of convertible notes Issuance of common stock, net of offering costs Issuance of common stock for cash Change in escrow receivable Net cash provided by financing activities from continuing operations Net change in cash and cash equivalents Effect of exch"
"d by operating activities: Depreciation and amortization Changes in operating assets and liabilities: Accounts receivable Accounts payable and accrued expenses Deferred revenue Due to related party Income tax payable Net cash provided by (used in) operating activities Cash flows from investing activities: Receipt from related party Payment to related party Property and equipment, net Net cash provided by (used in) investing activities Cash flows from financing activities: Proceeds from loan payable Repayment of loan payable Dividends paid Net cash (used in) provided by financing activities Net"
- 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.
- 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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