Red Thread Labs, Inc.

CIK: 1942249DEIncorporated: 2018-07-06

Current Offering

$25,000
Target Amount
$1,070,000
Maximum Amount
2023-04-23
Deadline

Security Details

Type: Crowd SAFE (Simple Agreement for Future Equity)
Price per share: $1.00
Shares offered: 25,000+

Offering Costs

Cash commission: 6%
At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Equity compensation: 2%
The Intermediary will also receive compensation in the form of securities equal to two percent (2%) of the total number of the securities sold in the offering.

Financial Reports

Offering via Republic

Offering History

As of 2022-08-25
Raising $25,000 -$1,070,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2023-04-23
Filing date2022-08-25
Current employees4
Act received most recent fiscal year$196.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$18,489
Cash equi prior fiscal year$4,524
Cost goods sold most recent fiscal year$125,106
Cost goods sold prior fiscal year$114,887
Long term debt most recent fiscal year$1,285,137
Long term debt prior fiscal year$952,220
Net income most recent fiscal year-$376,391.00
Net income prior fiscal year-$345,772.00
Revenue most recent fiscal year$246,202
Revenue prior fiscal year$213,136
Short term debt most recent fiscal year$264,260
Short term debt prior fiscal year$251,289
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$458,361
Total asset prior fiscal year$488,863

Company Information

Corporation
DE
2018-07-06

Latest Metrics

Employees4
Total Assets$458,361
Cash on Hand$18,489
Revenues$246,202
Net Income-$376,391.00

Crowdfunding Portals

This company is raising funds through this portal