xCraft Enterprises, Inc.
View this filing on EDGAR (filing index, accession 0001670450-26-000004) | All Form C filings by this company on EDGAR
Filing details
| Company | xCraft Enterprises, Inc. | (Form C, issuer information) |
|---|---|---|
| State | ID | (Form C, issuer information) |
| Platform | PicMii Crowdfunding LLC | (Form C, issuer information) |
| Filing date | 2026-08-17 | (EDGAR filing index) |
| Date of incorporation | 2017-02-28 | (Form C, issuer information) |
| Employees | 1 | (Form C, issuer information) |
| Security offered | Other Class B Non-Voting Common Stock | (Form C, offering information) |
| Price per security | $12 | (Form C, offering information) |
| Target amount | $10,003 | (Form C, offering information) |
| Maximum ask | $123,993 | (Form C, offering information) |
| Offering deadline | 2026-12-31 | (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.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $178,008 | $504,452 | (Form C, financial summary) |
| Cost of goods sold | $33,536 | $15,036 | (Form C, financial summary) |
| Net income | $245,483 | -$50,958 | (Form C, financial summary) |
| Taxes paid | $1,695 | $13,684 | (Form C, financial summary) |
| Cash and equivalents | -$3,875 | $30,644 | (Form C, financial summary) |
| Accounts receivable | $6,986 | $52,965 | (Form C, financial summary) |
| Total assets | $91,198 | $219,943 | (Form C, financial summary) |
| Short-term debt | $150,910 | $138,346 | (Form C, financial summary) |
| Long-term debt | $227,708 | $231,569 | (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: 0001670450-26-000004.
"The financial statements state that these conditions raise substantial doubt about the Company’s ability to continue as a going concern."
"These conditions raise substantial doubt about the Company's ability to continue as a going concern."
- 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: 0001670450-26-000004.
"Note 5 - Related Party Transactions The Company has on ongoing transactions with affiliated entities and shareholders."
"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."
- 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://xcraft.io/
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