Citizens Holdings, LLC
View this filing on EDGAR (filing index, accession 0001670254-25-000744) | All Form C filings by this company on EDGAR
Filing details
| Company | Citizens Holdings, LLC | (Form C, issuer information) |
|---|---|---|
| State | NY | (Form C, issuer information) |
| Platform | Wefunder Portal LLC | (Form C, issuer information) |
| Filing date | 2025-08-11 | (EDGAR filing index) |
| Date of incorporation | 2019-12-24 | (Form C, issuer information) |
| Employees | 50 | (Form C, issuer information) |
| Security offered | Preferred Stock | (Form C, offering information) |
| Price per security | $4 | (Form C, offering information) |
| Target amount | $50,000 | (Form C, offering information) |
| Maximum ask | $1,000,000 | (Form C, offering information) |
| Offering deadline | 2026-04-30 | (Form C, offering information) |
| Platform compensation | <p>5.0% 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.</p> | (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 | $4,933,231 | $5,035,686 | (Form C, financial summary) |
| Cost of goods sold | $1,182,214 | $1,265,513 | (Form C, financial summary) |
| Net income | -$554,364 | -$685,704 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $757,279 | $1,102,083 | (Form C, financial summary) |
| Accounts receivable | $230,246 | $180,874 | (Form C, financial summary) |
| Total assets | $3,864,010 | $4,846,017 | (Form C, financial summary) |
| Short-term debt | $1,007,204 | $1,129,536 | (Form C, financial summary) |
| Long-term debt | $4,295,048 | $4,998,785 | (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.
- Debt above assets. Short-term plus long-term debt is larger than total assets 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.
Company website as listed in the Form C: https://citizens.coffee/
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