Overthrow Hospitality Inc.
View this filing on EDGAR (filing index, accession 0001665160-24-001435) | All Form C filings by this company on EDGAR
Filing details
| Company | Overthrow Hospitality Inc. | (Form C, issuer information) |
|---|---|---|
| State | NY | (Form C, issuer information) |
| Platform | StartEngine Capital, LLC | (Form C, issuer information) |
| Filing date | 2024-10-22 | (EDGAR filing index) |
| Date of incorporation | 2024-04-19 | (Form C, issuer information) |
| Employees | 100 | (Form C, issuer information) |
| Security offered | Other Class B Common Stock | (Form C, offering information) |
| Price per security | $22 | (Form C, offering information) |
| Target amount | $14,982 | (Form C, offering information) |
| Maximum ask | $2,999,976 | (Form C, offering information) |
| Offering deadline | 2025-01-21 | (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 | $8,543,498 | $8,158,489 | (Form C, financial summary) |
| Cost of goods sold | $1,683,799 | $1,644,790 | (Form C, financial summary) |
| Net income | -$1,020,715 | -$2,503,939 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $141,195 | $164,688 | (Form C, financial summary) |
| Accounts receivable | $691,134 | $699,104 | (Form C, financial summary) |
| Total assets | $4,874,487 | $5,854,784 | (Form C, financial summary) |
| Short-term debt | $2,767,786 | $1,347,449 | (Form C, financial summary) |
| Long-term debt | $4,127,774 | $5,672,607 | (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.
- Repeat Form C filer. This company filed 2 or more new Form C filings between 2024-10-21 to 2026-10-27 on EDGAR.
- 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.
Other Form C filings by this company in our data
Company website as listed in the Form C: https://www.overthrowhospitality.com/
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