JogoHealth, Inc.
View this filing on EDGAR (filing index, accession 0001777982-25-000002) | All Form C filings by this company on EDGAR
Filing details
| Company | JogoHealth, Inc. | (Form C, issuer information) |
|---|---|---|
| State | NJ | (Form C, issuer information) |
| Platform | PicMii Crowdfunding LLC | (Form C, issuer information) |
| Filing date | 2025-03-28 | (EDGAR filing index) |
| Date of incorporation | 2010-06-21 | (Form C, issuer information) |
| Employees | 2 | (Form C, issuer information) |
| Security offered | Other Series A-1 Preferred Stock | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $10,000 | (Form C, offering information) |
| Maximum ask | $499,999 | (Form C, offering information) |
| Offering deadline | 2025-04-25 | (Form C, offering information) |
| Platform compensation | Issuer will receive 4.9% of the value of the securities sold through Regulation CF as well as a $2,500 listing fee and a $1,000 SPV setup fee. | (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 | $274,267 | $253,476 | (Form C, financial summary) |
| Cost of goods sold | $0 | $0 | (Form C, financial summary) |
| Net income | -$2,529,678 | -$1,630,915 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $2,447,570 | $1,259,998 | (Form C, financial summary) |
| Accounts receivable | $21,205 | $3,894 | (Form C, financial summary) |
| Total assets | $5,605,609 | $2,877,524 | (Form C, financial summary) |
| Short-term debt | $296,795 | $2,581,637 | (Form C, financial summary) |
| Long-term debt | $100,157 | $3,066,606 | (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: 0001777982-25-000002, 0001777982-25-000003.
"Consider whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about Jogohealth lnc.'s ability to continue as a going concern for a reasonable period of time. 2 We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of audit, significant audit findings, and certain internal control matters we identified during our audit."
"Consider whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about Jogohealth lnc.'s ability to continue as a going concern for a reasonable period of time. 2 We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of audit, significant audit findings, and certain internal control matters we identified during our audit."
- 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: 0001777982-25-000002, 0001777982-25-000003.
"(d) No former Key Employee whose employment was terminated by the Company has entered into an agreement with the Company providing for the full release of any claims against the Company or any related party arising out of such employment."
"(d) No former Key Employee whose employment was terminated by the Company has entered into an agreement with the Company providing for the full release of any claims against the Company or any related party arising out of such employment."
- 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.
Company website as listed in the Form C: https://www.jogohealth.com/
Want the weekly briefing? Subscribe free.