Data / Crowdfunding / California / Essen Inc
Essen Inc: crowdfunding raise on SMBX LLC, $10,000 to $124,000 (2025)
Essen Inc, a corporation in Chino, CA, filed a Form C with the SEC on April 10, 2025 to raise $10,000 to $124,000 in debt through SMBX LLC. The offering closed on May 22, 2025. In its most recent fiscal year it reported $1,000,901 in revenue and $72,944 in net income, with 18 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
- waracafe.com
- Funding portal
- SMBX LLC
- Address
- 13788 ROSWELL AVE #188, Chino, CA 91710
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- April 8, 2019
- SEC CIK
- 0002059568
Offering terms
From the offering filed April 10, 2025.
- Security
- Debt
- Price
- $10.00
- Target
- $10,000
- Maximum
- $124,000
- Deadline
- May 22, 2025
- Portal compensation
- SMBX will be charging a capital raise fee of 6.00% (up to $7,440 based on the total amount raised). Every month until the security is paid off, SMBX will also be charging a $50.00 payment processing fee to the Issuer.
Financials
From the Form C filed April 10, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,000,901 | $621,660 | sec.gov |
| Cost of goods sold | $200,698 | $180,790 | sec.gov |
| Net income | $72,944 | $7,302 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $168,110 | $109,458 | sec.gov |
| Cash | $81,673 | $24,821 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $96,944 | $111,236 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 10, 2025 | Offering | $10,000 | $124,000 | May 22, 2025 | sec.gov |
Updated April 10, 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.