BOKKSU INC.
View this filing on EDGAR (filing index, accession 0001768977-25-000001) | All Form C filings by this company on EDGAR
Filing details
| Company | BOKKSU INC. | (Form C, issuer information) |
|---|---|---|
| State | NY | (Form C, issuer information) |
| Platform | OpenDeal Portal LLC | (Form C, issuer information) |
| Filing date | 2025-01-27 | (EDGAR filing index) |
| Date of incorporation | 2015-11-12 | (Form C, issuer information) |
| Employees | 50 | (Form C, issuer information) |
| Security offered | Other SAFE (Simple Agreement for Future Equity) | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $50,000 | (Form C, offering information) |
| Maximum ask | $1,235,000 | (Form C, offering information) |
| Offering deadline | 2025-04-30 | (Form C, offering information) |
| Platform compensation | The Issuer shall pay the Intermediary the greater of (A) a fee of 2% of the dollar amount raised in the Offering or (B) a cash fee of $10,000.00. The Issuer has paid the Intermediary a non-refundable fee of $7,500.00 related to certain onboarding expenses. | (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 | $25,795,780 | $23,088,323 | (Form C, financial summary) |
| Cost of goods sold | $19,962,374 | $16,467,524 | (Form C, financial summary) |
| Net income | -$8,401,703 | -$5,506,887 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $5,518,030 | $14,979,315 | (Form C, financial summary) |
| Accounts receivable | $1,465,691 | $1,008,135 | (Form C, financial summary) |
| Total assets | $15,359,761 | $19,902,481 | (Form C, financial summary) |
| Short-term debt | $9,781,763 | $6,655,506 | (Form C, financial summary) |
| Long-term debt | $1,432,085 | $615,053 | (Form C, financial summary) |
Mechanical checks that fired
- Going-concern language. Going-concern language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The quoted sentence is below. Read the auditor or accountant notes in the filing for the full context. Found in: 0001768977-25-000001.
"Organization (continued) Going Concern Considerations - Management’s Plan The Company has incurred losses during the years ended December 31, 2023 and 2022, and as well as during the year ended December 31, 2024."
- 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.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
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