HONE
Grocery Product Merchant
Overview
Raised: $29,150
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/03/2023
Days Remaining
2
% of Min. Goal
146%
% of Max. Goal
24%
Likelihood of Max
Avg. Daily Raise
$678
Momentum
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Year Founded
2019
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
STANWOOD, Washington
HONE is raising funds on SMBX. The company makes a kombucha beverage for energy using cordyceps mushrooms. The mushroom-based matcha of HONE is natural and provides energy with an overall feeling of well-being. HONE works to improve minds and bodies, makes people feel good, and does not include any chemical fillers. The products are made sustainably in Portland, Oregon, and shipped throughout the country. Christopher Gonzales and Ari Gordon founded HONE in January 2019. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $124,000. The campaign proceeds will be used for inventory, marketing, and advertising.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$259,090 |
$79,169 |
COGS |
$175,327 |
$72,538 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-27,340 |
$-121,163 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$4,364 |
$50,526 |
Accounts Receivable |
$112,364 |
$0 |
Total Assets |
$230,955 |
$90,420 |
Short-Term Debt |
$74,986 |
$32,535 |
Long-Term Debt |
$8,000 |
$160,000 |
Total Liabilities |
$82,986 |
$192,535 |
Financials as of: 04/21/2023
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