Ad Fontes Media, Inc.

CIK: 1821196COIncorporated: 2018-02-12

Current Offering

$50,000
Target Amount
$250,000
Maximum Amount
2020-12-02
Deadline

Security Details

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

Offering Costs

Cash commission: 8%
7.5% 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 2020-08-14
Raising $50,000 -$250,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2020-12-02
As of 2021-02-05
Raising $50,000 -$400,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2022-04-30
As of 2022-09-14
Raising $50,001 -$400,000 via 68,588+ shares of preferred Stock at $0.73 per share
Deadline: 2023-04-30
Filing date2020-08-142021-02-052022-09-14
Current employees115
Act received most recent fiscal year$1,651$763.00$10,608
Act received prior fiscal year$0.00$275.00$725.00
Cash equi most recent fiscal year$529.26$20,658$21,062
Cash equi prior fiscal year$19,242$698.00$21,157
Cost goods sold most recent fiscal year$2,920$2,814$315,076
Cost goods sold prior fiscal year$4,512$2,920$2,832
Long term debt most recent fiscal year$0.00$0.00$770,551
Long term debt prior fiscal year$0.00$0.00$153,090
Net income most recent fiscal year-$40,162.04-$255,841.00-$964,998.00
Net income prior fiscal year$19,886-$84,988.00-$255,377.00
Revenue most recent fiscal year$19,984$123,715$137,858
Revenue prior fiscal year$42,759$18,192$121,936
Short term debt most recent fiscal year$13,374$26,870$344,354
Short term debt prior fiscal year$5,000$12,967$26,867
Tax paid most recent fiscal year$5,058$0.00$0.00
Tax paid prior fiscal year$0.00$0.00$0.00
Total asset most recent fiscal year$8,207$38,067$54,130
Total asset prior fiscal year$26,066$6,995$38,529

Financial Reports

Offering via Wefunder

Offering History

As of 2020-08-14
Raising $50,000 -$250,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2020-12-02
As of 2021-02-05
Raising $50,000 -$400,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2022-04-30
As of 2022-09-14
Raising $50,001 -$400,000 via 68,588+ shares of preferred Stock at $0.73 per share
Deadline: 2023-04-30
Filing date2020-08-142021-02-052022-09-14
Current employees115
Act received most recent fiscal year$1,651$763.00$10,608
Act received prior fiscal year$0.00$275.00$725.00
Cash equi most recent fiscal year$529.26$20,658$21,062
Cash equi prior fiscal year$19,242$698.00$21,157
Cost goods sold most recent fiscal year$2,920$2,814$315,076
Cost goods sold prior fiscal year$4,512$2,920$2,832
Long term debt most recent fiscal year$0.00$0.00$770,551
Long term debt prior fiscal year$0.00$0.00$153,090
Net income most recent fiscal year-$40,162.04-$255,841.00-$964,998.00
Net income prior fiscal year$19,886-$84,988.00-$255,377.00
Revenue most recent fiscal year$19,984$123,715$137,858
Revenue prior fiscal year$42,759$18,192$121,936
Short term debt most recent fiscal year$13,374$26,870$344,354
Short term debt prior fiscal year$5,000$12,967$26,867
Tax paid most recent fiscal year$5,058$0.00$0.00
Tax paid prior fiscal year$0.00$0.00$0.00
Total asset most recent fiscal year$8,207$38,067$54,130
Total asset prior fiscal year$26,066$6,995$38,529

Company Information

Other
CO
2018-02-12

Latest Metrics

Employees1
Total Assets$8,207
Cash on Hand$529.26
Revenues$19,984
Net Income-$40,162.04

Crowdfunding Portals

This company is raising funds through this portal