Teslake

Early Stage
Solving the biggest problems in spinal deformity surgeries
Overview
Year Founded
2019
Industry
Healthcare & Pharmaceuticals
Tech Sector
Biotech
Distribution Model
B2B2C
Margin
High
Capital Intensity
High
Teslake is raising funds on Dealmaker. The company is solving the biggest problems in spinal deformity surgeries with robotics and a proprietary microbe-eradicating metal alloy. Their system combines state-of-the-art implants, their proprietary Guardinium™ Alloy, and a synchronized team of mini robots to make spinal deformity surgeries more predictable and easier. Thousands of implants are already in use, and with seven FDA-approved products and three patents filed, they are revenue positive. Stephen Foti, CEO, and Lukas Eisermann, President incorporated the business in 2019. The current crowdfunding campaign has a minimum target of $1,009 and a maximum target of $1.23 million. The campaign proceeds will be used for spine implants/instrument inventory, Guardinium Alloy instruments, SMR second generation, working capital, accounting, marketing & advertising, and intermediary fees.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$868,427 |
$368,602 |
COGS |
$41,253 |
$23,706 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-182,618 |
$-264,514 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$82,470 |
$662,833 |
Accounts Receivable |
$100,100 |
$40,049 |
Total Assets |
$1,617,249 |
$1,626,876 |
Short-Term Debt |
$443,021 |
$268,855 |
Long-Term Debt |
$2,777,387 |
$2,776,071 |
Total Liabilities |
$3,220,408 |
$3,044,926 |
Financials as of: 08/29/2023
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