Yarnhub Animation Studios Inc.
View this filing on EDGAR (filing index, accession 0001062993-25-014480) | All Form C filings by this company on EDGAR
Filing details
| Company | Yarnhub Animation Studios Inc. | (Form C, issuer information) |
|---|---|---|
| State | VA | (Form C, issuer information) |
| Platform | PicMii Crowdfunding LLC | (Form C, issuer information) |
| Filing date | 2025-08-15 | (EDGAR filing index) |
| Date of incorporation | 2021-01-13 | (Form C, issuer information) |
| Employees | 1 | (Form C, issuer information) |
| Security offered | Other Class B Common Stock | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $10,000 | (Form C, offering information) |
| Maximum ask | $3,000,000 | (Form C, offering information) |
| Offering deadline | 2025-09-07 | (Form C, offering information) |
| Platform compensation | The Issuer shall pay the Intermediary a cash commission fee ranging from four and nine-tenths percent (4.9%) to three and nine-tenths percent (3.9%) based on amounts raised in 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 | $874,555 | $439,367 | (Form C, financial summary) |
| Cost of goods sold | $761,336 | $477,295 | (Form C, financial summary) |
| Net income | -$101,301 | -$206,548 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $42,577 | $12,356 | (Form C, financial summary) |
| Accounts receivable | $138,284 | $89,526 | (Form C, financial summary) |
| Total assets | $180,861 | $101,882 | (Form C, financial summary) |
| Short-term debt | $15,358 | $1,261 | (Form C, financial summary) |
| Long-term debt | $920,236 | $754,053 | (Form C, financial summary) |
Mechanical checks that fired
- 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: 0001062993-25-014480.
"Moreover, those with voting rights could use their voting influence to maintain the Company’s existing management, delay or prevent changes in control of the Company, issue additional securities which may dilute you, repurchase securities of the Company, enter into transactions with related parties or support or reject other management and board proposals."
"In addition, these individuals could use their voting influence to maintain the Company’s existing management, delay or prevent changes in control of the Company, issue additional securities which may dilute you, repurchase securities of the Company, enter into transactions with related parties or support or reject other management and board proposals that are subject to shareholder approval. 12 We may implement new lines of business or offer new products and services within existing lines of business."
- 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.
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.yarnhub.org
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