LiquidPiston
The combustion engine reimagined
Overview
Raised: $28,030,000
Rolling Commitments ($USD)
10/30/2023
$76,795
2004
Transportation, Automotive, Aviation, & Aerospace
Cleantech
B2B
Medium
High
Balance Sheet
Cash and Cash Equivalents |
$8,015,115 |
Accounts and Notes Receivable |
$110,000 |
Property, Plant and Equipment (PP&E) |
$46,223 |
Total Assets |
$12,092,860 |
Accounts Payable & Accrued Liabilities |
$646,212 |
Long Term Debt |
$151,205 |
Total Liabilities |
$1,084,487 |
Total Stockholders' Equity |
$11,008,373 |
Total Liabilities and Equity |
$12,092,860 |
Statement of Comprehensive Income Information
Total Revenues |
$2,604,033 |
Costs & Expenses Applicable to Rev |
$1,608,633 |
Depreciation and Amortization |
$65,923 |
Net Income |
$-1,818,378 |
Earnings Per Share - Basic |
$-1.10 |
Earnings Per Share - Diluted |
$-1.10 |
Raise History
Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
LiquidPiston | 10/24/2023 | Dealmaker Securities | $184,000,000 | $28,030,000 | Equity - Common | Funded | RegA+ |
LiquidPiston | 06/24/2021 | StartEngine | $56,800,000 | $16,712,642 | Equity - Common | Funded | RegA+ |
LiquidPiston | 03/30/2020 | StartEngine | $51,633,010 | $1,043,462 | Equity - Common | Funded | RegCF |
LiquidPiston | 03/15/2019 | Wefunder | $30,000,000 | $1,070,000 | Convertible Note | Funded | RegCF |
LiquidPiston | 04/06/2017 | Wefunder | $25,000,000 | $1,000,000 | Convertible Note | Funded | RegCF |
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
Valuation History
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Employee History
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Founder Profile
Founder Profile: Alexander Shkolnik, Co-Founder and CEO of Liquid Piston
In the military carrying fuel to the frontlines can be costly, and unfortunately deadly. For these reasons, finding a way to create a more efficient engine is of the utmost importance to the US government.
This is why Alex Shkolnik and his team at Liquid Piston have been working closely with the government to completely reimagine the diesel engine construct to produce an engine that is 30% more thermal efficient and 2X more fuel efficient to gasoline engines.
With a tremendous amount of R&D progress the team has come back for a second round of capital raising on Wefunder.