Data / Crowdfunding / California / Carnot Compression Inc.
Carnot Compression Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $3,200,000 (2022)
Carnot Compression Inc., a corporation in Scotts Valley, CA, filed a Form C with the SEC on December 29, 2022 to raise $10,000 to $3,200,000 in common stock through StartEngine Capital, LLC. The offering closed on February 3, 2023. In its most recent fiscal year it reported $520,221 in revenue and a net loss of $264,237, with 5 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- carnotcompression.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 5610 SCOTTS VALLEY DRIVE, STE. B513 SUITE B513, Scotts Valley, CA 95066
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 19, 2014
- SEC CIK
- 0001812444
Offering terms
From the amendment filed December 29, 2022.
- Security
- Common Stock
- Price
- $1.60
- Target
- $10,000
- Maximum
- $3,200,000
- Deadline
- February 3, 2023
- Portal compensation
- Up to 9% percent
Financials
From the Form C-AR filed April 25, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $520,221 | $681,507 | sec.gov |
| Cost of goods sold | $16,844 | $32,632 | sec.gov |
| Net income | $-264,237 | $-170,583 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $491,203 | $556,143 | sec.gov |
| Cash | $37,721 | $43,008 | sec.gov |
| Accounts receivable | $34,209 | $77,938 | sec.gov |
| Short-term debt | $388,862 | $465,614 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 25, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| April 22, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| April 25, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| February 6, 2023 | Progress update | $10,000 | $3,200,000 | February 3, 2023 | At the close of the offering, the issuer closed on $100,399.96 and 80,624 number of securities. | sec.gov |
| December 29, 2022 | Amendment | $10,000 | $3,200,000 | February 3, 2023 | Issuer is extending campaign end date. | sec.gov |
| October 4, 2022 | Offering | $10,000 | $3,200,000 | January 4, 2023 | sec.gov | |
| April 29, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 20, 2022 | Progress update | $10,000 | $1,070,000 | April 18, 2022 | The issuer closed on $769,505.72 and 793,540 shares of common stock. | sec.gov |
| February 14, 2022 | Amendment | $10,000 | $1,070,000 | April 18, 2022 | Issuer is extending the campaign end date by 60 days. | sec.gov |
| November 18, 2021 | Amendment | $10,000 | $1,070,000 | February 17, 2022 | Issuer is extending the campaign end date by 90 days. | sec.gov |
| August 10, 2021 | Amendment | $10,000 | $1,070,000 | November 19, 2021 | Issuer is extending the campaign end date by 90 days. | sec.gov |
| July 20, 2021 | Amendment | $10,000 | $1,070,000 | July 22, 2021 | Issuer is extending the campaign end date by 30 days. | sec.gov |
| June 21, 2021 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 26, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| April 20, 2021 | Amendment | $10,000 | $1,070,000 | July 22, 2021 | Issuer is extending the campaign end date by 90 days and adding financial statements. | sec.gov |
| January 19, 2021 | Amendment | $10,000 | $1,070,000 | April 23, 2021 | Issuer is extending the length of their campaign by 90 days. | sec.gov |
| October 23, 2020 | Amendment | $10,000 | $1,070,000 | January 21, 2021 | Issuer is extending the length of their campaign by 90 days. | sec.gov |
| August 21, 2020 | Amendment | $10,000 | $1,070,000 | October 26, 2020 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| May 27, 2020 | Offering | $10,000 | $1,070,000 | August 25, 2020 | sec.gov |
Updated April 25, 2025. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.