Focus V
Smart Cannabis Devices
Overview
Raised: $220,362
Total Commitments ($USD)
StartEngine
08/20/2024
11/18/2024
$420
Equity - Common
Pre-Seed
RegCF
$1.50
$24,200,000
2015
Alcohol, Tobacco, & Recreational Drugs
Hardwaretech
B2C
Medium
Low
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$10,296,804 |
$9,370,352 |
|
COGS |
$5,162,909 |
$4,844,416 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$425,157 |
$-154,470 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$87,554 |
$76,363 |
|
Accounts Receivable |
$113,334 |
$57,571 |
|
Total Assets |
$14,909,617 |
$11,472,002 |
|
Short-Term Debt |
$7,395,022 |
$5,818,139 |
|
Long-Term Debt |
$2,130,867 |
$695,292 |
|
Total Liabilities |
$9,525,889 |
$6,513,431 |
Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Focus V | 11/18/2024 | StartEngine | $24,200,000 | $220,362 | Equity - Common | Active | RegCF |
No prior online funding rounds.
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