Data / Crowdfunding / Virginia / Enginuity Power Systems, Inc.
Enginuity Power Systems, Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,993 to $3,722,164 (2022)
Enginuity Power Systems, Inc., a corporation in Alexandria, VA, filed a Form C with the SEC on February 22, 2022 to raise $9,993 to $3,722,164 in Class B non-voting stock through StartEngine Capital, LLC. The offering closed on March 10, 2022. In its most recent fiscal year it reported $12,613,161 in revenue and a net loss of $8,779,932, with 47 employees.
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- Website
- enginuitypowersystems.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 100 N. Pitt St. Ste 405, Alexandria, VA 22314
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- November 7, 2015
- SEC CIK
- 0001875242
Offering terms
From the amendment filed February 22, 2022.
- Security
- Class B non-voting stock
- Price
- $39.50
- Target
- $9,993
- Maximum
- $3,722,164
- Deadline
- March 10, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed May 5, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $12,613,161 | $12,228,760 | sec.gov |
| Cost of goods sold | $9,062,848 | $8,609,783 | sec.gov |
| Net income | $-8,779,932 | $-8,779,544 | sec.gov |
| Taxes paid | $60,998 | $61,112 | sec.gov |
| Total assets | $14,656,239 | $22,276,855 | sec.gov |
| Cash | $3,471,226 | $12,764,421 | sec.gov |
| Accounts receivable | $1,772,324 | $707,272 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $145,337 | $231,488 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 9, 2026 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| June 9, 2026 | Withdrawal | Not listed | Not listed | sec.gov | ||
| March 31, 2026 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 5, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| May 29, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| May 11, 2023 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 27, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| September 29, 2022 | Progress update | $9,993 | $3,722,164 | March 10, 2022 | Adjustment to the initial Form C-U filing. At the close of the offering, the issuer closed on $1,072,033.91 and 28,860 shares of common stock. | sec.gov |
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| March 11, 2022 | Progress update | $9,993 | $3,722,164 | March 10, 2022 | At the close of the offering, the issuer closed on $554,440 and 15,157 shares of common stock. | sec.gov |
| February 22, 2022 | Amendment | $9,993 | $3,722,164 | March 10, 2022 | Issuer is moving up their campaign end date to 3/10/22 | sec.gov |
| November 30, 2021 | Offering | $9,993 | $3,722,164 | March 30, 2022 | sec.gov | |
| November 1, 2021 | Progress update | $9,974 | $2,999,977 | October 31, 2021 | At the close of the offering, the issuer closed on $745,113.69 and 21,591 shares of common stock. | sec.gov |
| September 22, 2021 | Amendment | $9,974 | $2,999,977 | October 31, 2021 | Issuer is adding audited financials, increasing the offering max, and changing their campaign end date to an earlier date. | sec.gov |
| August 13, 2021 | Amendment | $9,974 | $1,069,992 | January 31, 2022 | Issuer updated the "meet the team" section of their campaign page | sec.gov |
| August 2, 2021 | Offering | $9,974 | $1,069,992 | January 31, 2022 | sec.gov |
Updated June 9, 2026. 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.