Loveseat, Inc

CIK: 1722313DEIncorporated: 2013-03-13

Current Offering

$50,000
Target Amount
$1,000,000
Maximum Amount
2018-04-30
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
Price per share: $1.00
Shares offered: 50,000+

Offering Costs

Cash commission: 5%
5.0% 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.
Equity compensation: 0%
No

Financial Reports

Offering via Wefunder

Offering History

As of 2017-11-20
Raising $50,000 -$1,000,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2018-04-30
As of 2018-04-30
Raising $50,000 -$1,070,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2018-04-30
As of 2019-05-22
Raising $50,000 -$1,070,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2019-09-19
Filing date2017-11-202019-05-22
Current employees188
Act received most recent fiscal year$0.00$0.00
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$499,084$121,230
Cash equi prior fiscal year$354,295$232,971
Cost goods sold most recent fiscal year$319,812$638,108
Cost goods sold prior fiscal year$49,018$722,550
Long term debt most recent fiscal year$165,772$252,240
Long term debt prior fiscal year$21,607$40,303
Net income most recent fiscal year-$627,324.00-$456,973.00
Net income prior fiscal year-$110,785.00-$556,856.00
Revenue most recent fiscal year$724,498$1,920,425
Revenue prior fiscal year$125,764$2,052,573
Short term debt most recent fiscal year$119,569$97,599
Short term debt prior fiscal year$21,607$72,262
Tax paid most recent fiscal year$0.00$0.00
Tax paid prior fiscal year$0.00$0.00
Total asset most recent fiscal year$665,610$360,781
Total asset prior fiscal year$398,754$571,495

Financial Reports

Offering via Wefunder

Offering History

As of 2017-11-20
Raising $50,000 -$1,000,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2018-04-30
As of 2018-04-30
Raising $50,000 -$1,070,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2018-04-30
As of 2019-05-22
Raising $50,000 -$1,070,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2019-09-19
Filing date2017-11-202019-05-22
Current employees188
Act received most recent fiscal year$0.00$0.00
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$499,084$121,230
Cash equi prior fiscal year$354,295$232,971
Cost goods sold most recent fiscal year$319,812$638,108
Cost goods sold prior fiscal year$49,018$722,550
Long term debt most recent fiscal year$165,772$252,240
Long term debt prior fiscal year$21,607$40,303
Net income most recent fiscal year-$627,324.00-$456,973.00
Net income prior fiscal year-$110,785.00-$556,856.00
Revenue most recent fiscal year$724,498$1,920,425
Revenue prior fiscal year$125,764$2,052,573
Short term debt most recent fiscal year$119,569$97,599
Short term debt prior fiscal year$21,607$72,262
Tax paid most recent fiscal year$0.00$0.00
Tax paid prior fiscal year$0.00$0.00
Total asset most recent fiscal year$665,610$360,781
Total asset prior fiscal year$398,754$571,495

Company Information

Corporation
DE
2013-03-13

Latest Metrics

Employees18
Total Assets$665,610
Cash on Hand$499,084
Revenues$724,498
Net Income-$627,324.00

Crowdfunding Portals

This company is raising funds through this portal