GolfBoard by Sol Boards

GolfBoard by Sol Boards

Early Stage

Surf the Earth!

Surf the Earth!

Overview

Raised to Date: Raised: $1,250

Platform

StartEngine

Start Date

11/22/2016

Close Date

01/31/2017

Min. Goal
$50,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.25

Year Founded

2013

Industry

Consumer Products, Goods & Services

Tech Sector

Hardwaretech

Location

Bend, Oregon

GolfBoard by Sol Boards is raising funds on StartEngine. The company is revolutionizing the golf industry with its all-wheel-drive electric vehicle that can speed up the game and allow users to enjoy the surf-like experience. GolfBoard by Sol Boards’ single-rider vehicle is also preferred to maintain social distancing while playing golf. GolfBoard by Sol Boards has over 129,000 registered users and has generated more than $16.5 million in sales. John Wildman, Jeff Dowell, and Star Faraon founded GolfBoard by Sol Boards in March 2013. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1 million. The campaign proceeds will be used for growth and expansion.

Summary Profit and Loss Statement

FY 2015 FY 2014

Revenue

$3,321,382

$859,876

COGS

$3,239,998

$1,201,939

Tax

$0

$0

 

 

Net Income

$-1,550,890

$-1,432,698

Summary Balance Sheet

FY 2015 FY 2014

Cash

$133,554

$271,760

Accounts Receivable

$42,508

$10,766

Total Assets

$552,153

$289,025

Short-Term Debt

$1,704,117

$634,938

Long-Term Debt

$1,610,840

$1,257,223

Total Liabilities

$3,314,957

$1,892,161

Financials as of: 11/22/2016
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
GolfBoard by Sol Boards 11/25/2021 StartEngine $11,035,048 $295,358 Equity - Common Funded RegCF
GolfBoard by Sol Boards 01/30/2017 StartEngine - $1,250 Equity - Common Funded RegCF
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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

Funding data not publicly available

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GolfBoard by Sol Boards on StartEngine 2017
Platform: StartEngine
Security Type: Equity - Common
Price per Share: $1.25

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