KOTA Longboards, LLC

CIK: 1733163COIncorporated: 2012-05-17

Current Offering

$90,000
Target Amount
$1,070,000
Maximum Amount
2018-09-28
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
Price per share: $1.00
Shares offered: 90,000+

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: 2%
Securities equal to 2.0% of the securities sold will be issued to the intermediary upon a successful fundraise.

Financial Reports

Offering via Wefunder

Offering History

As of 2018-04-02
Raising $90,000 -$1,070,000 via 90,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2018-09-28
As of 2018-08-06
Raising $10,000 -$106,998 via 3,125+ shares of non-Voting Membership Units at $3.20 per share
Deadline: 2018-11-01
Filing date2018-04-022018-08-06
Current employees44
Act received most recent fiscal year$0.00$1,525
Act received prior fiscal year$0.00$828.00
Cash equi most recent fiscal year$1,014$1,014
Cash equi prior fiscal year$26,011$26,011
Cost goods sold most recent fiscal year-$239,214.00$235,253
Cost goods sold prior fiscal year-$239,012.00$253,403
Long term debt most recent fiscal year$68,358$68,358
Long term debt prior fiscal year$29,097$29,097
Net income most recent fiscal year-$289,133.00-$263,552.00
Net income prior fiscal year-$335,299.00-$359,170.00
Revenue most recent fiscal year$196,809$199,314
Revenue prior fiscal year$178,133$154,644
Short term debt most recent fiscal year$108,727$97,581
Short term debt prior fiscal year$94,394$94,393
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$78,228$74,423
Total asset prior fiscal year$105,989$87,748

Financial Reports

Offering History

As of 2018-04-02
Raising $90,000 -$1,070,000 via 90,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2018-09-28
As of 2018-08-06
Raising $10,000 -$106,998 via 3,125+ shares of non-Voting Membership Units at $3.20 per share
Deadline: 2018-11-01
Filing date2018-04-022018-08-06
Current employees44
Act received most recent fiscal year$0.00$1,525
Act received prior fiscal year$0.00$828.00
Cash equi most recent fiscal year$1,014$1,014
Cash equi prior fiscal year$26,011$26,011
Cost goods sold most recent fiscal year-$239,214.00$235,253
Cost goods sold prior fiscal year-$239,012.00$253,403
Long term debt most recent fiscal year$68,358$68,358
Long term debt prior fiscal year$29,097$29,097
Net income most recent fiscal year-$289,133.00-$263,552.00
Net income prior fiscal year-$335,299.00-$359,170.00
Revenue most recent fiscal year$196,809$199,314
Revenue prior fiscal year$178,133$154,644
Short term debt most recent fiscal year$108,727$97,581
Short term debt prior fiscal year$94,394$94,393
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$78,228$74,423
Total asset prior fiscal year$105,989$87,748

Company Information

Limited Liability Company
CO
2012-05-17

Latest Metrics

Employees4
Total Assets$78,228
Cash on Hand$1,014
Revenues$196,809
Net Income-$289,133.00

Crowdfunding Portals

This company is raising funds through this portal