Light Art VR Inc

CIK: 1913875DEIncorporated: 2018-11-29

Current Offering

$50,000
Target Amount
$1,070,000
Maximum Amount
2023-04-30
Deadline

Security Details

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

Offering Costs

Cash commission: 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 2022-03-04
Raising $50,000 -$1,070,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2023-04-30
Filing date2022-03-04
Current employees7
Act received most recent fiscal year$985,800
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$325,095
Cash equi prior fiscal year$207,199
Cost goods sold most recent fiscal year$608,804
Cost goods sold prior fiscal year$199,525
Long term debt most recent fiscal year$5,697
Long term debt prior fiscal year$4,427
Net income most recent fiscal year$1,101,890
Net income prior fiscal year-$123,529.00
Revenue most recent fiscal year$1,947,694
Revenue prior fiscal year$130,086
Short term debt most recent fiscal year$21,140
Short term debt prior fiscal year$0.00
Tax paid most recent fiscal year$31,000
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$1,310,895
Total asset prior fiscal year$207,199

Company Information

Corporation
DE
2018-11-29

Latest Metrics

Employees7
Total Assets$1,310,895
Cash on Hand$325,095
Revenues$1,947,694
Net Income$1,101,890

Crowdfunding Portals

This company is raising funds through this portal