Modal Living, Inc.

CIK: 1862793DEIncorporated: 2019-01-23

Current Offering

$25,000
Target Amount
$1,070,000
Maximum Amount
2021-08-28
Deadline

Security Details

Type: Debt
Price per share: $0.00
Shares offered: 0+

Offering Costs

Cash commission: 8%
7.5% of the amount raised
Equity compensation: 5%
SI Securities will receive equity compensation equal to 5% of the number of securities sold.

Financial Reports

Offering via

Offering History

As of 2021-06-09
Raising $25,000 -$1,070,000 via 0+ shares of debt at $0.00 per share
Deadline: 2021-08-28
As of 2021-10-26
Raising $9,995 -$4,014,513 via 1,197+ shares of common Stock at $8.35 per share
Deadline: 2022-04-26
Filing date2021-06-092021-10-26
Current employees1714
Act received most recent fiscal year$12,800$15,780
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$342,650$774,369
Cash equi prior fiscal year$88,229$88,229
Cost goods sold most recent fiscal year$2,097,702$2,019,701
Cost goods sold prior fiscal year$134,560$132,977
Long term debt most recent fiscal year$2,523,416$2,523,441
Long term debt prior fiscal year$0.00$0.00
Net income most recent fiscal year-$2,631,114.00-$2,859,850.00
Net income prior fiscal year-$1,706,236.00-$1,706,622.00
Revenue most recent fiscal year$1,615,829$1,465,042
Revenue prior fiscal year$113,375$111,567
Short term debt most recent fiscal year$2,486,820$2,715,114
Short term debt prior fiscal year$1,706,389$1,708,198
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$772,885$774,369
Total asset prior fiscal year$100,153$101,576

Financial Reports

Offering History

As of 2021-06-09
Raising $25,000 -$1,070,000 via 0+ shares of debt at $0.00 per share
Deadline: 2021-08-28
As of 2021-10-26
Raising $9,995 -$4,014,513 via 1,197+ shares of common Stock at $8.35 per share
Deadline: 2022-04-26
Filing date2021-06-092021-10-26
Current employees1714
Act received most recent fiscal year$12,800$15,780
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$342,650$774,369
Cash equi prior fiscal year$88,229$88,229
Cost goods sold most recent fiscal year$2,097,702$2,019,701
Cost goods sold prior fiscal year$134,560$132,977
Long term debt most recent fiscal year$2,523,416$2,523,441
Long term debt prior fiscal year$0.00$0.00
Net income most recent fiscal year-$2,631,114.00-$2,859,850.00
Net income prior fiscal year-$1,706,236.00-$1,706,622.00
Revenue most recent fiscal year$1,615,829$1,465,042
Revenue prior fiscal year$113,375$111,567
Short term debt most recent fiscal year$2,486,820$2,715,114
Short term debt prior fiscal year$1,706,389$1,708,198
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$772,885$774,369
Total asset prior fiscal year$100,153$101,576

Company Information

Corporation
DE
2019-01-23

Latest Metrics

Employees17
Total Assets$772,885
Cash on Hand$342,650
Revenues$1,615,829
Net Income-$2,631,114.00

Crowdfunding Portals

This company is raising funds through this portal