Sorce Technologies, Inc

CIK: 1990586DEIncorporated: 2016-02-10

Current Offering

$50,000
Target Amount
$1,235,000
Maximum Amount
2024-04-29
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 2023-08-23
Raising $50,000 -$1,235,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2024-04-29
Filing date2023-08-23
Current employees2
Act received most recent fiscal year$0.00
Act received prior fiscal year$19,500
Cash equi most recent fiscal year$925.00
Cash equi prior fiscal year$10,725
Cost goods sold most recent fiscal year$95,246
Cost goods sold prior fiscal year$44,130
Long term debt most recent fiscal year$385,000
Long term debt prior fiscal year$375,000
Net income most recent fiscal year-$43,323.00
Net income prior fiscal year-$302,347.00
Revenue most recent fiscal year$225,950
Revenue prior fiscal year$55,240
Short term debt most recent fiscal year$12,713
Short term debt prior fiscal year$20,301
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$36,764
Total asset prior fiscal year$77,675

Company Information

Corporation
DE
2016-02-10

Latest Metrics

Employees2
Total Assets$36,764
Cash on Hand$925.00
Revenues$225,950
Net Income-$43,323.00

Crowdfunding Portals

This company is raising funds through this portal