YouSolar, Inc.
View this filing on EDGAR (filing index, accession 0001665160-25-001342) | All Form C filings by this company on EDGAR
Filing details
| Company | YouSolar, Inc. | (Form C, issuer information) |
|---|---|---|
| State | CA | (Form C, issuer information) |
| Platform | StartEngine Primary, LLC | (Form C, issuer information) |
| Filing date | 2025-07-30 | (EDGAR filing index) |
| Date of incorporation | 2010-05-11 | (Form C, issuer information) |
| Employees | 8 | (Form C, issuer information) |
| Security offered | Other Class B Common Stock | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $15,000 | (Form C, offering information) |
| Maximum ask | $1,700,000 | (Form C, offering information) |
| Offering deadline | 2025-10-29 | (Form C, offering information) |
| Platform compensation | 7 - 13 percent | (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 | $72,345 | $171,566 | (Form C, financial summary) |
| Cost of goods sold | $272,875 | $256,960 | (Form C, financial summary) |
| Net income | -$2,212,205 | -$2,401,605 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $29,607 | $6,980 | (Form C, financial summary) |
| Accounts receivable | $1,000 | $275 | (Form C, financial summary) |
| Total assets | $1,367,550 | $914,314 | (Form C, financial summary) |
| Short-term debt | $2,893,577 | $2,092,725 | (Form C, financial summary) |
| Long-term debt | $5,180,391 | $4,270,986 | (Form C, financial summary) |
Mechanical checks that fired
- 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.
- 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.
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