Modbook

Modbook

Early Stage

We make the Mac tablets that Apple won't

We make the Mac tablets that Apple won't

Overview

Platform

Wefunder

Start Date

08/17/2017

Close Date

04/30/2018

Min. Goal
$100,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Year Founded

2012

Industry

Consumer Products, Goods & Services

Tech Sector

Hardwaretech

Location

Los Angeles, California

Modbook is raising funds on Wefunder. It is a pre-revenue consumer products company focused on building full-featured pen-enabled macOS-based tablet/laptop convertible computer systems. Modbook fills a high-end niche by transforming genuine Apple laptops into macOS-based tablet computers. The company has always been a respectful Mac citizen and has remained 100% compliant with Mac Developer guidelines. Andreas Haas founded Modbook in February 2012. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1.07 million. The campaign proceeds will be used to move the Modbook Pro X into pre-production and cover business costs for marketing, advisors, and legal fees.

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$78,530

$132,373

COGS

$42,645

$89,605

Tax

$0

$0

 

 

Net Income

$-241,079

$-268,579

Summary Balance Sheet

FY 2016 FY 2015

Cash

$24,559

$12,031

Accounts Receivable

$0

$14,249

Total Assets

$363,764

$386,328

Short-Term Debt

$602,442

$577,330

Long-Term Debt

$0

$0

Total Liabilities

$602,442

$577,330

Financials as of: 08/17/2017
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Modbook on Wefunder 2017
Platform: Wefunder
Security Type: Equity - Common
Price per Share: $2.00

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