Renewables Inc
View this filing on EDGAR (filing index, accession 0002093902-26-000002) | All Form C filings by this company on EDGAR
Filing details
| Company | Renewables Inc | (Form C, issuer information) |
|---|---|---|
| State | CA | (Form C, issuer information) |
| Platform | PicMii Crowdfunding LLC | (Form C, issuer information) |
| Filing date | 2026-03-17 | (EDGAR filing index) |
| Date of incorporation | 2024-07-11 | (Form C, issuer information) |
| Employees | 1 | (Form C, issuer information) |
| Security offered | Common Stock | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $10,000 | (Form C, offering information) |
| Maximum ask | $618,000 | (Form C, offering information) |
| Offering deadline | 2026-04-30 | (Form C, offering information) |
| Platform compensation | Intermediary will receive cash compensation equal to 4.9% of the value of the securities sold through Regulation CF as well as a $1,500 listing fee. | (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. Every prior-year figure is 0.00 as well.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $0 | $0 | (Form C, financial summary) |
| Cost of goods sold | $0 | $0 | (Form C, financial summary) |
| Net income | -$209,995 | $0 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $4,076 | $0 | (Form C, financial summary) |
| Accounts receivable | $0 | $0 | (Form C, financial summary) |
| Total assets | $159,203 | $0 | (Form C, financial summary) |
| Short-term debt | $113,301 | $0 | (Form C, financial summary) |
| Long-term debt | $46,423 | $0 | (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: 0002093902-26-000002, 0002093902-26-000003.
"Substantial Doubt about the Entity's Abitity to Continue as a Going Concern: The accompanying balance sheet has been prepared on a going concern basis. which means that the entity expects to continue its operations and meet its obligations in the normal course of business during the next twelve months."
"Substantial Doubt about the Entity's Abitity to Continue as a Going Concern: The accompanying balance sheet has been prepared on a going concern basis. which means that the entity expects to continue its operations and meet its obligations in the normal course of business during the next twelve months."
- 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: 0002093902-26-000002, 0002093902-26-000003.
"The company carries minimal traditional debt, but obligations include lease liabilities and a related-party loan."
"Additional issuances of securities Issuer repurchases of securities A sale of the issuer or of assets of the issuer Transactions with related parties The authorization and issuance of additional shares of the company's common stock will dilute the ownership of the crowdfunding investors."
- 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.
- No revenue. Revenue for the most recent fiscal year is $0 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.
- Maximum ask above 10x revenue. The maximum offering amount is more than 10 times the most recent fiscal year revenue (or revenue is $0), per the Form C.
- Repeat Form C filer. This company filed 2 or more new Form C filings between 2024-10-21 to 2026-10-27 on EDGAR.
Checks not run on this filing
These checks are arithmetic on the Form C financial summary, and every figure in this filing's summary is 0.00, which on a Form C cover page can mean zero or can mean nothing was entered. We do not run arithmetic on figures that carry no information, so these checks are not run here. That is a limit of our method and says nothing about the company either way.
- Net loss in both years
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
Company website as listed in the Form C: https://renewables.com/
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