Target Arm Inc.
View this filing on EDGAR (filing index, accession 0001842368-26-000006) | All Form C filings by this company on EDGAR
Filing details
| Company | Target Arm Inc. | (Form C, issuer information) |
|---|---|---|
| State | CT | (Form C, issuer information) |
| Platform | Wefunder Portal LLC | (Form C, issuer information) |
| Filing date | 2026-10-27 | (EDGAR filing index) |
| Date of incorporation | 2020-01-23 | (Form C, issuer information) |
| Employees | 6 | (Form C, issuer information) |
| Security offered | Common Stock | (Form C, offering information) |
| Price per security | $5 | (Form C, offering information) |
| Target amount | $50,000 | (Form C, offering information) |
| Maximum ask | $4,614,367 | (Form C, offering information) |
| Offering deadline | 2027-04-30 | (Form C, offering information) |
| Platform compensation | 7.9% 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 | $1,111,714 | $219,098 | (Form C, financial summary) |
| Cost of goods sold | $499,040 | $82,478 | (Form C, financial summary) |
| Net income | -$522,754 | -$844,072 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $194,187 | $29,105 | (Form C, financial summary) |
| Accounts receivable | $0 | $39,692 | (Form C, financial summary) |
| Total assets | $1,076,333 | $943,356 | (Form C, financial summary) |
| Short-term debt | $197,117 | $174,798 | (Form C, financial summary) |
| Long-term debt | $648,380 | $662,312 | (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.
- Repeat Form C filer. This company filed 2 or more new Form C filings between 2024-10-21 to 2026-10-27 on EDGAR.
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.targetarm.com
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