Knock House Productions
Sound Recording
Overview
Raised: $42,700
Total Commitments ($USD)
Platform
SMBX
Start Date
06/16/2022
Close Date
09/13/2022
Min. Goal
$30,000
Max. Goal
$125,000
Min. Investment
$10
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Interest Rate
7.00%
Term Length
60.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/29/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$485
Momentum
Funded
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Year Founded
2020
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
KnockHouse is raising funds on SMBX. It is a music production and recording studio in Los Angeles, California. The studio provides high-quality equipment and a creative environment for artists to create and develop their music and network. KnockHouse provides affordability, accessibility, and the feeling of being at home away from home for the musicians and provides everything top-notch to make their original compositions sound incredible. Johnathan Laguerre founded KnockHouse in June 2020. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $125,000. The campaign proceeds will be used for equipment, construction, marketing, and working capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$168,613 |
$15,919 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$98,490 |
$7,437 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$3,263 |
$4,005 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$100,584 |
$44,130 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 06/16/2022
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