Automated Water Machines Inc d/b/a Kadeya
View this filing on EDGAR (filing index, accession 0002090508-25-000004) | All Form C filings by this company on EDGAR
Filing details
| Company | Automated Water Machines Inc d/b/a Kadeya | (Form C, issuer information) |
|---|---|---|
| State | IL | (Form C, issuer information) |
| Platform | Wefunder Portal LLC | (Form C, issuer information) |
| Filing date | 2025-11-24 | (EDGAR filing index) |
| Date of incorporation | 2020-05-05 | (Form C, issuer information) |
| Employees | 4 | (Form C, issuer information) |
| Security offered | Preferred Stock | (Form C, offering information) |
| Price per security | $0 | (Form C, offering information) |
| Target amount | $50,000 | (Form C, offering information) |
| Maximum ask | $500,000 | (Form C, offering information) |
| Offering deadline | 2026-04-30 | (Form C, offering information) |
| Platform compensation | 6.9% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering. | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $8,051 | $25,877 | (Form C, financial summary) |
| Cost of goods sold | $8,051 | $25,877 | (Form C, financial summary) |
| Net income | -$2,214,635 | -$1,552,300 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $237,952 | $843,085 | (Form C, financial summary) |
| Accounts receivable | $0 | $6,578 | (Form C, financial summary) |
| Total assets | $311,581 | $957,768 | (Form C, financial summary) |
| Short-term debt | $336,703 | $332,189 | (Form C, financial summary) |
| Long-term debt | $7,345,334 | $5,785,305 | (Form C, financial summary) |
Mechanical checks that fired
- Net loss in both years. Net income is negative in both fiscal years reported in the Form C financial summary.
- Cash below one year of losses. Net loss for the most recent fiscal year is larger than year-end cash, both as reported in the Form C financial summary.
- Debt above assets. Short-term plus long-term debt is larger than total assets in the Form C financial summary.
- Maximum ask above 10x revenue. The maximum offering amount is more than 10 times the most recent fiscal year revenue (or revenue is $0), per the Form C.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
Company website as listed in the Form C: https://www.kadeya.com
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