Dorian Inc.
View this filing on EDGAR (filing index, accession 0001818452-26-000003) | All Form C filings by this company on EDGAR
Filing details
| Company | Dorian Inc. | (Form C, issuer information) |
|---|---|---|
| State | CA | (Form C, issuer information) |
| Platform | OpenDeal Portal LLC | (Form C, issuer information) |
| Filing date | 2026-04-10 | (EDGAR filing index) |
| Date of incorporation | 2018-08-16 | (Form C, issuer information) |
| Employees | 7 | (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 | $75,000 | (Form C, offering information) |
| Maximum ask | $1,235,000 | (Form C, offering information) |
| Offering deadline | 2026-04-30 | (Form C, offering information) |
| Platform compensation | Issuer shall pay the Intermediary a cash fee equal to the greater of: (A)an amount based on the following schedule 0% of funds raised up to $100K, and 6% of funds raised exceeding $100,000.01 up to $5M;or (B) $15K. Issuer paid an onboarding fee of $7,500. | (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 | $3,743,922 | $1,495,741 | (Form C, financial summary) |
| Cost of goods sold | $1,290,130 | $312,631 | (Form C, financial summary) |
| Net income | -$2,139,826 | -$3,921,926 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $3,457,518 | $5,757,686 | (Form C, financial summary) |
| Accounts receivable | $342 | $342 | (Form C, financial summary) |
| Total assets | $4,530,025 | $6,457,788 | (Form C, financial summary) |
| Short-term debt | $362,875 | $154,573 | (Form C, financial summary) |
| Long-term debt | $0 | $0 | (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: 0001818452-26-000003.
"Accordingly, management believes the going concern basis of presentation remains appropriate."
"If the Company's actual results differ materially from such projections, the Company may not have sufficient liquidity to fund its operations and may be unable to continue as a going concern, in which case Investors could lose all or substantially all of their investment."
- Related-party language. Related-party 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 phrase can describe routine or unusual arrangements, so read the quoted sentence and the filing. Found in: 0001818452-26-000003.
"BLE OF CONTENTS INDEPENDENT ACCOUNTANT’S REVIEW REPORT 3 BALANCE SHEET 4 STATEMENT OF OPERATIONS 5 STATEMENT OF CHANGES IN SHAREHOLDERS’ EQUITY 6 STATEMENT OF CASH FLOWS 7 NOTE 1 - DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS 8 NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 8 NOTE 3 - RELATED PARTY TRANSACTIONS 14 NOTE 4 - COMMITMENTS, CONTINGENCIES, COMPLIANCE WITH LAWS AND REGULATIONS 14 NOTE 5 - LIABILITIES AND DEBT 14 NOTE 6 - EQUITY 14 NOTE 7 - SUBSEQUENT EVENTS 15 INDEPENDENT ACCOUNTANT’S REVIEW REPORT To: Dorian, Inc."
- Net loss in both years. Net income is negative in both fiscal years 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.
Company website as listed in the Form C: https://dorian.live
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