Genius Labs Company
View this filing on EDGAR (filing index, accession 0001665160-25-000118) | All Form C filings by this company on EDGAR
Filing details
| Company | Genius Labs Company | (Form C, issuer information) |
|---|---|---|
| State | CA | (Form C, issuer information) |
| Platform | StartEngine Primary, LLC | (Form C, issuer information) |
| Filing date | 2025-01-23 | (EDGAR filing index) |
| Date of incorporation | 2019-04-19 | (Form C, issuer information) |
| Employees | 15 | (Form C, issuer information) |
| Security offered | Other Series Seed VI Preferred Stock | (Form C, offering information) |
| Price per security | $3 | (Form C, offering information) |
| Target amount | $15,000 | (Form C, offering information) |
| Maximum ask | $3,499,997 | (Form C, offering information) |
| Offering deadline | 2025-04-23 | (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 | $2,296,879 | $1,419,332 | (Form C, financial summary) |
| Cost of goods sold | $491,407 | $443,792 | (Form C, financial summary) |
| Net income | -$3,370,658 | -$4,900,613 | (Form C, financial summary) |
| Taxes paid | $6,916 | $16,873 | (Form C, financial summary) |
| Cash and equivalents | $2,215,694 | $2,257,155 | (Form C, financial summary) |
| Accounts receivable | $0 | $16,023 | (Form C, financial summary) |
| Total assets | $2,229,102 | $2,286,388 | (Form C, financial summary) |
| Short-term debt | $212,950 | $40,576 | (Form C, financial summary) |
| Long-term debt | $1,559,200 | $1,018,908 | (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.
- 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.
Company website as listed in the Form C: https://selfdecode.com/
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