Data / Crowdfunding / Florida / EmotionTrac, Inc.
EmotionTrac, Inc.: crowdfunding raise on NetCapital Funding Portal Inc., $10,000 to $617,500 (2024)
EmotionTrac, Inc., a corporation in Boynton Beach, FL, filed a Form C with the SEC on April 26, 2024 to raise $10,000 to $617,500 in common stock through NetCapital Funding Portal Inc.. The offering closed on June 28, 2024. In its most recent fiscal year it reported $867,448 in revenue and a net loss of $834,728, with 4 employees.
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- Website
- www.emotiontrac.com
- Funding portal
- NetCapital Funding Portal Inc.
- Address
- 10802 Lake Wynds Court, Boynton Beach, FL 33437
- Legal form
- Corporation
- Jurisdiction
- FL
- Incorporated
- March 9, 2017
- SEC CIK
- 0001721305
Offering terms
From the amendment filed April 26, 2024.
- Security
- Common Stock
- Price
- $2.50
- Target
- $10,000
- Maximum
- $617,500
- Deadline
- June 28, 2024
- Portal compensation
- Up to 4.9% of amount raised for a successful offering and a listing fee of up to $10,000
Financials
From the Form C-AR filed April 29, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $867,448 | $313,113 | sec.gov |
| Cost of goods sold | $73,340 | $32,853 | sec.gov |
| Net income | $-834,728 | $-1,032,994 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $702,670 | $634,894 | sec.gov |
| Cash | $124,921 | $245,339 | sec.gov |
| Accounts receivable | $210,119 | $82,825 | sec.gov |
| Short-term debt | $150,892 | $158,050 | sec.gov |
| Long-term debt | $0 | $32,210 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 29, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| February 21, 2025 | Progress update | $10,000 | $617,500 | June 28, 2024 | End of offering. Issuer closed its offering with estimated gross proceeds of $411,845. The foregoing is in regard only to the amount raised under the Section 4(a)(6) exemption. | sec.gov |
| April 26, 2024 | Amendment | $10,000 | $617,500 | June 28, 2024 | issuer extended the offering deadline and updated the offering statement to include 2023 financial information. | sec.gov |
| April 22, 2024 | Amendment | $10,000 | $617,500 | April 26, 2024 | moved images and video. | sec.gov |
| April 16, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| March 28, 2024 | Amendment | $10,000 | $617,500 | April 26, 2024 | issuer extended the offering | sec.gov |
| February 27, 2024 | Amendment | $10,000 | $617,500 | March 29, 2024 | issuer extended offering deadline. | sec.gov |
| February 13, 2024 | Amendment | $10,000 | $617,500 | February 29, 2024 | made changes to the solution section of the offering page. | sec.gov |
| January 30, 2024 | Amendment | $10,000 | $617,500 | February 29, 2024 | updated graphics and text on the offering page | sec.gov |
| January 5, 2024 | Amendment | $10,000 | $617,500 | February 29, 2024 | issuer changed minimum investment amount. | sec.gov |
| November 30, 2023 | Amendment | $10,000 | $617,500 | February 29, 2024 | issuer extended the offering deadline and made an update to offering statement. | sec.gov |
| September 22, 2023 | Offering | $10,000 | $617,500 | December 1, 2023 | sec.gov | |
| September 20, 2023 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 26, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| April 20, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 5, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| March 9, 2021 | Amendment | $10,000 | $249,999 | April 1, 2021 | issuer extended the offering date. | sec.gov |
| February 11, 2021 | Amendment | $10,000 | $249,999 | March 11, 2021 | the issuer extended the offering date. | sec.gov |
| January 14, 2021 | Amendment | $10,000 | $249,999 | February 12, 2021 | issuer extended the offering date. | sec.gov |
| December 28, 2020 | Amendment | $10,000 | $249,999 | January 14, 2021 | issuer extended the offering date. | sec.gov |
| September 28, 2020 | Amendment | $10,000 | $249,999 | December 2, 2020 | the issuer extended the offering date. | sec.gov |
| August 5, 2020 | Amendment | $10,000 | $249,999 | September 30, 2020 | the issuer extended the offering date. | sec.gov |
| July 14, 2020 | Amendment | $10,000 | $249,999 | August 10, 2020 | corrected website address, reformatted management bios, added covid-19 relief information to the offering page. | sec.gov |
| June 10, 2020 | Offering | $10,000 | $249,999 | August 10, 2020 | sec.gov | |
| June 4, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| September 7, 2018 | Progress update | $10,000 | $1,070,000 | February 28, 2018 | At the close of the offering, the final amount closed on is $861,247 and 861,247 number of securities sold. | sec.gov |
| April 30, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| March 2, 2018 | Progress update | $10,000 | $1,070,000 | February 28, 2018 | At the close of the offering, the amount closed on is $874,667.00 and 874,667 number of securities sold, final amount subject to change pending final receipt of committed investments. | sec.gov |
| January 29, 2018 | Amendment | $10,000 | $1,070,000 | February 28, 2018 | Issuer will be extending the end date of their offering. | sec.gov |
| November 29, 2017 | Offering | $10,000 | $1,070,000 | January 28, 2018 | sec.gov |
Also on SpecStream
Updated April 29, 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.