Solar Roadways Inc
View this filing on EDGAR (filing index, accession 0001827698-26-000001) | All Form C filings by this company on EDGAR
Filing details
| Company | Solar Roadways Inc | (Form C, issuer information) |
|---|---|---|
| State | ID | (Form C, issuer information) |
| Platform | Wefunder Portal LLC | (Form C, issuer information) |
| Filing date | 2026-02-17 | (EDGAR filing index) |
| Date of incorporation | 2006-05-30 | (Form C, issuer information) |
| Employees | 3 | (Form C, issuer information) |
| Security offered | Common Stock | (Form C, offering information) |
| Price per security | $5 | (Form C, offering information) |
| Target amount | $50,000 | (Form C, offering information) |
| Maximum ask | $5,000,000 | (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 | $0 | $0 | (Form C, financial summary) |
| Cost of goods sold | $0 | $0 | (Form C, financial summary) |
| Net income | -$1,224,463 | $307,807 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $477,147 | $1,646,329 | (Form C, financial summary) |
| Accounts receivable | $0 | $0 | (Form C, financial summary) |
| Total assets | $550,406 | $1,752,016 | (Form C, financial summary) |
| Short-term debt | $31,367 | $8,514 | (Form C, financial summary) |
| Long-term debt | $0 | $0 | (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: 0001827698-26-000003.
C/A 0001827698 XXXXXXXX 020-36807 LIVE false false true true Adding in previously undisclosed related party loan Solar Roadways Inc Corporation ID 05-30-2006 721 Pine Street Sandpoint ID 83864 https://solarroadways.com N Wefunder Portal LLC 0001670254 007-00033 283503 7.9% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket th
Quoted from a financial statement table, so it reads as columns rather than a sentence. Open the filing for the layout. - 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.
- 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.
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://solarroadways.com
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