Data / Crowdfunding / Idaho / GarageSkins, Inc.
GarageSkins, Inc.: crowdfunding raise on StartEngine Capital, LLC, $14,999 to $617,999 (2023)
GarageSkins, Inc., a corporation in Post Falls, ID, filed a Form C with the SEC on December 5, 2023 to raise $14,999 to $617,999 in Series A Preferred Stock through StartEngine Capital, LLC. The offering closed on January 10, 2024. In its most recent fiscal year it reported $766,284 in revenue and a net loss of $3,826,779, with 37 employees.
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- Website
- www.garageskins.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 570 S Clearwater Loop, Ste E, Post Falls, ID 83854
- Legal form
- Corporation
- Jurisdiction
- OR
- Incorporated
- December 24, 2014
- SEC CIK
- 0001714911
Offering terms
From the amendment filed December 5, 2023.
- Security
- Series A Preferred Stock
- Price
- $0.84
- Target
- $14,999
- Maximum
- $617,999
- Deadline
- January 10, 2024
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed May 9, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $766,284 | $44,131 | sec.gov |
| Cost of goods sold | $2,943,885 | $102,998 | sec.gov |
| Net income | $-3,826,779 | $-1,731,849 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,957,573 | $1,558,099 | sec.gov |
| Cash | $491,436 | $121,267 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $15,675 | $0 | sec.gov |
| Long-term debt | $2,430,229 | $1,243,752 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 9, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| May 23, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| February 14, 2024 | Progress update | $14,999 | $617,999 | January 10, 2024 | At the close of the offering, the issuer closed on $256,307.63 and 332,313 number of securities. | sec.gov |
| December 5, 2023 | Amendment | $14,999 | $617,999 | January 10, 2024 | Issuer updated the page and extended the campaign end date | sec.gov |
| September 8, 2023 | Offering | $14,999 | $617,999 | December 7, 2023 | sec.gov | |
| August 11, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| August 9, 2023 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| July 27, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| January 3, 2019 | Progress update | $9,999 | $434,999 | January 2, 2019 | At the close of the offering, the issuer closed on $145,322.26 and 384,220 number of securities. | sec.gov |
| October 29, 2018 | Amendment | $9,999 | $434,999 | January 2, 2019 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| August 28, 2018 | Amendment | $9,999 | $434,999 | November 2, 2018 | Issuer will be extending the end date of their offering. | sec.gov |
| July 16, 2018 | Progress update | $10,000 | $100,000 | November 16, 2017 | At the close of the offering, the amount closed on is $100,000.00 and 100,000 number of securities sold. | sec.gov |
| July 3, 2018 | Amendment | $9,999 | $434,999 | September 3, 2018 | Issuer will be extending the end date of their offering. | sec.gov |
| April 30, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| April 9, 2018 | Amendment | $9,999 | $434,999 | July 6, 2018 | Issuer will be extending the end date of their offering and updating financials. | sec.gov |
| January 10, 2018 | Offering | $9,999 | $434,999 | April 10, 2018 | sec.gov | |
| November 22, 2017 | Progress update | $10,000 | $100,000 | November 16, 2017 | The amount of securities sold at the close of the offering was $100,000. | sec.gov |
| August 18, 2017 | Offering | $10,000 | $100,000 | November 16, 2017 | sec.gov |
Updated May 9, 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.