Truth Arts Inc.

https://www.trutharts.com/

State Juristiction: DE
Date of Incorporation: 2014-01-10
CIK: 2008595
Legal Form: Corporation
Offering via OpenDeal Portal LLC aka Republic: As of 2024-02-27, raising $1.00-$1,235,000.00 via 100+ of sAFE (Simple Agreement for Future Equity) at $0.01 by 2024-03-27Costing 0% in cash and 1% in equity
As of 2024-03-26, raising $1.00-$1,235,000.00 via 100+ of sAFE (Simple Agreement for Future Equity) at $0.01 by 2024-04-09Costing 0% in cash and 1% in equity
As of 2024-07-25, raising $1.00-$618,000.00 via 100+ of sAFE (Simple Agreement for Future Equity) at $0.01 by 2024-08-23Costing 0% in cash and 1% in equity; Filing date 2024-02-27 2024-03-26 2024-07-25
Current employees 17 17 17
Act received most recent fiscal year $0.00 $0.00 $0.00
Act received prior fiscal year $0.00 $0.00 $0.00
Cash equi most recent fiscal year $13,895,212.00 $42,011.00 $3,593,417.00
Cash equi prior fiscal year $1,276,783.00 $0.00 $13,895,212.00
Cost goods sold most recent fiscal year $0.00 $148,449.00 $0.00
Cost goods sold prior fiscal year $0.00 $0.00 $0.00
Long term debt most recent fiscal year $0.00 $0.00 $0.00
Long term debt prior fiscal year $0.00 $0.00 $0.00
Net income most recent fiscal year -$3,700,376.00 $888,266.00 -$4,283,710.00
Net income prior fiscal year -$1,775,771.00 $0.00 -$3,700,376.00
Revenue most recent fiscal year $0.00 $11,321,102.00 $0.00
Revenue prior fiscal year $0.00 $0.00 $0.00
Short term debt most recent fiscal year $63,250.00 $1,603.00 $7,552.00
Short term debt prior fiscal year $25,444.00 $0.00 $63,250.00
Tax paid most recent fiscal year $0.00 $0.00 $0.00
Tax paid prior fiscal year -$1,905.00 $0.00 $0.00
Total asset most recent fiscal year $14,089,521.00 $889,869.00 $9,750,113.00
Total asset prior fiscal year $1,365,021.00 $0.00 $9,750,113.00
Offering via OpenDeal Portal LLC aka Republic: As of 2024-02-27, raising $1.00-$1,235,000.00 via 100+ of sAFE (Simple Agreement for Future Equity) at $0.01 by 2024-03-27Costing 0% in cash and 1% in equity
As of 2024-03-26, raising $1.00-$1,235,000.00 via 100+ of sAFE (Simple Agreement for Future Equity) at $0.01 by 2024-04-09Costing 0% in cash and 1% in equity
As of 2024-07-25, raising $1.00-$618,000.00 via 100+ of sAFE (Simple Agreement for Future Equity) at $0.01 by 2024-08-23Costing 0% in cash and 1% in equity; Filing date 2024-02-27 2024-03-26 2024-07-25
Current employees 17 17 17
Act received most recent fiscal year $0.00 $0.00 $0.00
Act received prior fiscal year $0.00 $0.00 $0.00
Cash equi most recent fiscal year $13,895,212.00 $42,011.00 $3,593,417.00
Cash equi prior fiscal year $1,276,783.00 $0.00 $13,895,212.00
Cost goods sold most recent fiscal year $0.00 $148,449.00 $0.00
Cost goods sold prior fiscal year $0.00 $0.00 $0.00
Long term debt most recent fiscal year $0.00 $0.00 $0.00
Long term debt prior fiscal year $0.00 $0.00 $0.00
Net income most recent fiscal year -$3,700,376.00 $888,266.00 -$4,283,710.00
Net income prior fiscal year -$1,775,771.00 $0.00 -$3,700,376.00
Revenue most recent fiscal year $0.00 $11,321,102.00 $0.00
Revenue prior fiscal year $0.00 $0.00 $0.00
Short term debt most recent fiscal year $63,250.00 $1,603.00 $7,552.00
Short term debt prior fiscal year $25,444.00 $0.00 $63,250.00
Tax paid most recent fiscal year $0.00 $0.00 $0.00
Tax paid prior fiscal year -$1,905.00 $0.00 $0.00
Total asset most recent fiscal year $14,089,521.00 $889,869.00 $9,750,113.00
Total asset prior fiscal year $1,365,021.00 $0.00 $9,750,113.00

Filing date	2024-02-27	2024-03-26	2024-07-25
Current employees	17	17	17
Act received most recent fiscal year	$0.00	$0.00	$0.00
Act received prior fiscal year	$0.00	$0.00	$0.00
Cash equi most recent fiscal year	$13,895,212.00	$42,011.00	$3,593,417.00
Cash equi prior fiscal year	$1,276,783.00	$0.00	$13,895,212.00
Cost goods sold most recent fiscal year	$0.00	$148,449.00	$0.00
Cost goods sold prior fiscal year	$0.00	$0.00	$0.00
Long term debt most recent fiscal year	$0.00	$0.00	$0.00
Long term debt prior fiscal year	$0.00	$0.00	$0.00
Net income most recent fiscal year	-$3,700,376.00	$888,266.00	-$4,283,710.00
Net income prior fiscal year	-$1,775,771.00	$0.00	-$3,700,376.00
Revenue most recent fiscal year	$0.00	$11,321,102.00	$0.00
Revenue prior fiscal year	$0.00	$0.00	$0.00
Short term debt most recent fiscal year	$63,250.00	$1,603.00	$7,552.00
Short term debt prior fiscal year	$25,444.00	$0.00	$63,250.00
Tax paid most recent fiscal year	$0.00	$0.00	$0.00
Tax paid prior fiscal year	-$1,905.00	$0.00	$0.00
Total asset most recent fiscal year	$14,089,521.00	$889,869.00	$9,750,113.00
Total asset prior fiscal year	$1,365,021.00	$0.00	$9,750,113.00