The Bash App, Inc.
View this filing on EDGAR (filing index, accession 0001669191-24-001041) | All Form C filings by this company on EDGAR
Filing details
| Company | The Bash App, Inc. | (Form C, issuer information) |
|---|---|---|
| State | UT | (Form C, issuer information) |
| Platform | NetCapital Funding Portal Inc. | (Form C, issuer information) |
| Filing date | 2024-11-07 | (EDGAR filing index) |
| Date of incorporation | 2018-08-17 | (Form C, issuer information) |
| Employees | 0 | (Form C, issuer information) |
| Security offered | Common Stock | (Form C, offering information) |
| Price per security | $0 | (Form C, offering information) |
| Target amount | $10,000 | (Form C, offering information) |
| Maximum ask | $600,000 | (Form C, offering information) |
| Offering deadline | 2025-01-10 | (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 | $312 | $261 | (Form C, financial summary) |
| Cost of goods sold | $37,500 | $0 | (Form C, financial summary) |
| Net income | -$48,273 | -$1,335 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $19,598 | $66 | (Form C, financial summary) |
| Accounts receivable | $0 | $0 | (Form C, financial summary) |
| Total assets | $62,021 | $66 | (Form C, financial summary) |
| Short-term debt | $0 | $0 | (Form C, financial summary) |
| Long-term debt | $110,000 | $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: 0001669191-24-001041, 0001669191-24-001055, 0001669191-24-001059, 0001669191-24-001085, 0001669191-25-000009, 0001669191-25-000067, 0001669191-25-000196, 0001669191-25-000278, 0001669191-25-000410, 0001669191-25-000516, 0001669191-26-000010, 0001669191-26-000079.
"Related party transactions The Bash App, Inc (“the Company”), was a sole member LLC registered as The Bash App LLC until 1st May, 2023."
"Related party transactions The Bash App, Inc (“the Company”), was a sole member LLC registered as The Bash App LLC until 1st May, 2023."
- 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.
- 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://bashfest.com
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