Powur, PBC
View this filing on EDGAR (filing index, accession 0001670254-24-001066) | All Form C filings by this company on EDGAR
Filing details
| Company | Powur, PBC | (Form C, issuer information) |
|---|---|---|
| State | CA | (Form C, issuer information) |
| Platform | Wefunder Portal LLC | (Form C, issuer information) |
| Filing date | 2024-11-04 | (EDGAR filing index) |
| Date of incorporation | 2014-01-02 | (Form C, issuer information) |
| Employees | 207 | (Form C, issuer information) |
| Security offered | Common Stock | (Form C, offering information) |
| Price per security | $4 | (Form C, offering information) |
| Target amount | $250,000 | (Form C, offering information) |
| Maximum ask | $5,000,000 | (Form C, offering information) |
| Offering deadline | 2025-04-30 | (Form C, offering information) |
| Platform compensation | 7.0% 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. | (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 | $360,844,239 | $328,406,102 | (Form C, financial summary) |
| Cost of goods sold | $249,071,921 | $218,379,796 | (Form C, financial summary) |
| Net income | -$4,027,893 | $4,765,281 | (Form C, financial summary) |
| Taxes paid | $0 | $272,286 | (Form C, financial summary) |
| Cash and equivalents | $21,767,984 | $49,411,071 | (Form C, financial summary) |
| Accounts receivable | $27,585,990 | $21,408,170 | (Form C, financial summary) |
| Total assets | $71,819,324 | $105,313,794 | (Form C, financial summary) |
| Short-term debt | $38,348,583 | $76,514,641 | (Form C, financial summary) |
| Long-term debt | $10,564,806 | $3,655,827 | (Form C, financial summary) |
Mechanical checks that fired
None of the mechanical checks fired for this filing (source: our review of the Form C data).
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: http://www.powur.com
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