Parallel Flight Technologies
Saving lives, property, and the environment
Overview
Raised: $388,643
Total Commitments ($USD)
StartEngine
02/07/2023
04/11/2023
$10,000
$3,700,810
$490
Equity - Common
Seed
RegCF
$10.00
$82,358,840
Rolling Commitments ($USD)
Active
03/23/2023
19
3,886%
11%
$8,833
223
2018
Transportation, Automotive, Aviation, & Aerospace
Hardwaretech
B2B
Low
High
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$233,349 |
$256,105 |
|
COGS |
$365,772 |
$247,368 |
|
Tax |
$742 |
$800 |
| ||
| ||
|
Net Income |
$-2,965,401 |
$-1,230,217 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$2,262,190 |
$817,928 |
|
Accounts Receivable |
$19,058 |
$0 |
|
Total Assets |
$2,420,718 |
$873,306 |
|
Short-Term Debt |
$205,284 |
$158,218 |
|
Long-Term Debt |
$11,764 |
$11,764 |
|
Total Liabilities |
$217,048 |
$169,982 |
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Parallel Flight Technologies | 04/11/2023 | StartEngine | $82,358,840 | $388,643 | Equity - Common | Active | RegCF |
| Parallel Flight Technologies | 06/28/2022 | StartEngine | $175,318,370 | $1,304,860 | Equity - Common | Funded | RegCF |
| Parallel Flight Technologies | 06/30/2021 | StartEngine | $28,700,000 | $6,505,002 | Equity - Common | Funded | RegA+ |
| Parallel Flight Technologies | 07/28/2020 | Wefunder | $18,000,000 | $350,198 | Equity - Common | Funded | RegA+ |
| Parallel Flight Technologies | 01/13/2020 | StartEngine | $7,980,000 | $1,069,794 | Equity - Common | Funded | RegCF |
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