Innovative Health Solutions

Innovative Health Solutions

Growth Stage

Improving Lives and Minimizing Suffering

Improving Lives and Minimizing Suffering

Overview

Funding data not publicly available
Platform

Exemplar Capital

Start Date

09/22/2021

Close Date

Not Provided

Min. Goal
$5,000
Max. Goal
$20,000,000
Min. Investment

$5,000

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$7.75

Pre-Money Valuation

$54,686,992

Year Founded

2012

Industry

Healthcare & Pharmaceuticals

Tech Sector

Medtech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Versailles, Indiana

Business Type

Growth

Innovative Health Solutions is raising funds on Exemplar Capital through Reg A+ crowdfunding. The company is focused on developing neuromodulation therapies to address healthcare needs in children. IHS aims to use its proprietary Percutaneous Electrical Nerve Field Stimulation technology to treat chronic and debilitating conditions in children. Gary Peterson and Dr. Chris Brown founded Innovative Health Solutions in 2012. The current crowdfunding campaign has no minimum target and a maximum target of $20,000,000. The campaign proceeds will be used for FDA preparation and filing of new FDA indication submissions, patent protection, R&D, product development, animal testing and human feasibility studies, and other expenses.

Balance Sheet

Cash and Cash Equivalents

$1,895,475

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$435,525

Loans

$0

Property, Plant and Equipment (PP&E)

$150,920

Property and Equipment

$0

Total Assets

$2,868,129

Accounts Payable & Accrued Liabilities

$742,609

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$151,005

Total Liabilities

$893,614

Total Stockholders' Equity

$1,974,515

Total Liabilities and Equity

$2,868,129

Statement of Comprehensive Income Information

Total Revenues

$2,190,764

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$954,420

Total Interest Expenses

$0

Depreciation and Amortization

$35,787

Net Income

$-3,424,435

Earnings Per Share - Basic

$-2.20

Earnings Per Share - Diluted

$-1.43

Auditor: Watermark CPA Group, LLC
Financials as of: 09/22/2021
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Innovative Health Solutions on Exemplar Capital 2021
Platform: Exemplar Capital
Security Type: Equity - Common
Valuation: $54,686,992
Price per Share: $7.75

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