Data / Crowdfunding / Massachusetts / Como Audio, Inc
Como Audio, Inc: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $478,400 (2020)
Como Audio, Inc, a corporation in Braintree, MA, filed a Form C with the SEC on November 20, 2020 to raise $10,000 to $478,400 in common stock through StartEngine Capital, LLC. The offering closed on January 22, 2021. In its most recent fiscal year it reported $1,716,572 in revenue and a net loss of $461,063, with 4 employees.
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- Website
- www.comoaudio.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 100 Bay State Drive Suite 1, Braintree, MA 02184
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- March 1, 2019
- SEC CIK
- 0001771429
Offering terms
From the amendment filed November 20, 2020.
- Security
- Common Stock
- Price
- $1.25
- Target
- $10,000
- Maximum
- $478,400
- Deadline
- January 22, 2021
- Portal compensation
- 7.0 percent
Financials
From the Form C-AR filed May 2, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,716,572 | $1,670,358 | sec.gov |
| Cost of goods sold | $855,496 | $1,076,193 | sec.gov |
| Net income | $-461,063 | $-794,765 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,062,856 | $1,245,436 | sec.gov |
| Cash | $121,868 | $96,068 | sec.gov |
| Accounts receivable | $111,057 | $78,713 | sec.gov |
| Short-term debt | $397,894 | $1,980,789 | sec.gov |
| Long-term debt | $1,877,862 | $77,600 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| December 30, 2021 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| July 22, 2021 | Progress update | $10,000 | $478,400 | January 22, 2021 | At the close of the offering, the issuer closed on $244,721.25 and 222,422 shares of Common Stock. | sec.gov |
| April 27, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| January 28, 2021 | Progress update | $10,000 | $478,400 | January 22, 2021 | At the close of the offering, the issuer closed on $248,721.25 and 226,102 shares of Common Stock. | sec.gov |
| November 20, 2020 | Amendment | $10,000 | $478,400 | January 22, 2021 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| September 18, 2020 | Amendment | $10,000 | $478,400 | November 23, 2020 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| June 25, 2020 | Offering | $10,000 | $478,400 | September 23, 2020 | sec.gov | |
| June 12, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| May 15, 2020 | Progress update | $100,000 | $1,070,000 | March 6, 2020 | The final number is $271,102.50 in investments. | sec.gov |
| March 22, 2019 | Offering | $100,000 | $1,070,000 | June 26, 2019 | sec.gov |
Updated May 2, 2022. 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.