Data / Crowdfunding / New York / Flower Turbines, Inc.
Flower Turbines, Inc.: crowdfunding raise on StartEngine Primary, LLC, $9,996 to $3,276,826 (2025)
Flower Turbines, Inc., a corporation in Lawrence, NY, filed a Form C with the SEC on February 3, 2025 to raise $9,996 to $3,276,826 in common stock through StartEngine Primary, LLC. The offering closed on April 30, 2025. In its most recent fiscal year it reported $312,307 in revenue and a net loss of $3,509,305, with 8 employees.
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- Website
- www.flowerturbines.com
- Funding portal
- StartEngine Primary, LLC
- Address
- 240 CENTRAL AVE. 1J SUITE 201, Lawrence, NY 11559
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 27, 2019
- SEC CIK
- 0001739997
Offering terms
From the amendment filed February 3, 2025.
- Security
- Common Stock
- Price
- $14.00
- Target
- $9,996
- Maximum
- $3,276,826
- Deadline
- April 30, 2025
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-U filed May 2, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $312,307 | $247,208 | sec.gov |
| Cost of goods sold | $470,736 | $573,805 | sec.gov |
| Net income | $-3,509,305 | $-3,703,396 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,598,405 | $669,654 | sec.gov |
| Cash | $9,025 | $252,441 | sec.gov |
| Accounts receivable | $300,547 | $123,909 | sec.gov |
| Short-term debt | $119,151 | $98,444 | sec.gov |
| Long-term debt | $161,396 | $106,659 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 2, 2025 | Progress update | $9,996 | $3,276,826 | April 30, 2025 | The Issuer has closed on $1,153,663.81 and 94,151 shares. | sec.gov |
| February 3, 2025 | Amendment | $9,996 | $3,276,826 | April 30, 2025 | Issuer is extending their campaign end date to April 30th, 2025. | sec.gov |
| November 26, 2024 | Amendment | $9,996 | $3,276,826 | February 5, 2025 | Issuer is extending their campaign end date to February 5th, 2025. | sec.gov |
| September 5, 2024 | Offering | $9,996 | $3,276,826 | December 4, 2024 | sec.gov | |
| June 20, 2024 | Progress update | $15,000 | $2,500,008 | May 31, 2024 | At the close of the offering, the issuer closed on $1,665,567.9 and 165,079 number of securities. | sec.gov |
| April 24, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| April 24, 2024 | Amendment | $15,000 | $2,500,008 | May 31, 2024 | Issuer is extending their campaign to May 31st, Increasing your offering maximum to $2,500,008, and updating their financials per the most recent fiscal year. | sec.gov |
| March 13, 2024 | Offering | $15,000 | $1,999,992 | April 29, 2024 | sec.gov | |
| June 6, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| August 1, 2022 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| July 15, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| May 10, 2021 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| December 28, 2020 | Progress update | $9,990 | $1,032,330 | March 4, 2021 | At the close of the offering, the issuer closed on $1,034,220.00 and 36,310 number of securities. | sec.gov |
| December 1, 2020 | Amendment | $9,990 | $1,032,330 | March 4, 2021 | Issuer increased their max funding goal and extended campaign | sec.gov |
| November 3, 2020 | Amendment | $9,990 | $920,340 | December 30, 2020 | Issuer increased their max funding goal | sec.gov |
| October 2, 2020 | Amendment | $9,990 | $712,500 | December 30, 2020 | Issuer increased maximum raise amount and extended campaign. | sec.gov |
| August 27, 2020 | Amendment | $9,990 | $618,540 | October 30, 2020 | Issuer increased maximum raise amount and extended campaign. | sec.gov |
| July 13, 2020 | Amendment | $9,990 | $465,960 | August 31, 2020 | Issuer increased their maximum raise amount. | sec.gov |
| June 30, 2020 | Amendment | $9,990 | $403,200 | August 31, 2020 | Issuer updated their maximum raise amount. | sec.gov |
| June 26, 2020 | Amendment | $9,990 | $354,000 | August 31, 2020 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| May 14, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 23, 2020 | Amendment | $9,990 | $354,000 | June 30, 2020 | Issuer provided updated financials, extended their campaign, and increased their max funding goal. | sec.gov |
| March 23, 2020 | Offering | $9,990 | $304,320 | April 29, 2020 | sec.gov | |
| December 5, 2019 | Progress update | $10,000 | $1,070,000 | December 2, 2019 | At the close of the offering, the issuer closed on $1,069,803.77 and 107,261 number of securities. | sec.gov |
| December 3, 2019 | Amendment | $10,000 | $1,070,000 | December 2, 2019 | clarification of team roles | sec.gov |
| October 1, 2019 | Amendment | $10,000 | $1,070,000 | December 2, 2019 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| August 2, 2019 | Amendment | $10,000 | $1,070,000 | October 2, 2019 | Issuer added a clarification of valuation details, removed perks, and extended the length of the offering. | sec.gov |
| June 20, 2019 | Amendment | $10,000 | $1,070,000 | August 2, 2019 | Issuer is extending the length of their campaign by 43 days. | sec.gov |
| April 29, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| April 25, 2019 | Amendment | $10,000 | $1,070,000 | July 2, 2019 | Issuer is extending their campaign. | sec.gov |
| March 14, 2019 | Amendment | $10,000 | $1,070,000 | April 30, 2019 | Issuer is extending the length of their campaign by 47 days. | sec.gov |
| January 15, 2019 | Amendment | $10,000 | $1,070,000 | March 29, 2019 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| November 6, 2018 | Amendment | $10,000 | $1,070,000 | January 28, 2019 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| September 17, 2018 | Amendment | $10,000 | $1,070,000 | November 27, 2018 | Issuer is extending their campaign and raising their maximum funding goal. | sec.gov |
| June 28, 2018 | Offering | $10,000 | $107,000 | September 25, 2018 | sec.gov |
Updated May 2, 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.