Choose Your Horizon Inc
View this filing on EDGAR (filing index, accession 0001665160-24-001508) | All Form C filings by this company on EDGAR
Filing details
| Company | Choose Your Horizon Inc | (Form C, issuer information) |
|---|---|---|
| State | TX | (Form C, issuer information) |
| Platform | StartEngine Primary, LLC | (Form C, issuer information) |
| Filing date | 2024-10-30 | (EDGAR filing index) |
| Date of incorporation | 2018-08-22 | (Form C, issuer information) |
| Employees | 10 | (Form C, issuer information) |
| Security offered | Other Class B Non-Voting Common Stock | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $9,999 | (Form C, offering information) |
| Maximum ask | $3,823,988 | (Form C, offering information) |
| Offering deadline | 2025-01-29 | (Form C, offering information) |
| Platform compensation | 7 - 13 percent | (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 | $1,098,756 | $113,337 | (Form C, financial summary) |
| Cost of goods sold | $391,432 | $98,180 | (Form C, financial summary) |
| Net income | -$1,336,165 | -$385,430 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $117,329 | $474,611 | (Form C, financial summary) |
| Accounts receivable | $269,733 | $0 | (Form C, financial summary) |
| Total assets | $389,987 | $477,536 | (Form C, financial summary) |
| Short-term debt | $73,903 | $17,882 | (Form C, financial summary) |
| Long-term debt | $1,807,406 | $801,667 | (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.
- Platform compensation of 8% or more. The platform compensation stated in the Form C is 8% or more of the offering.
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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