Data / Crowdfunding / California / LIFOGRAPH, INC.
LIFOGRAPH, INC.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $300,000 (2020)
LIFOGRAPH, INC., a corporation in Santa Clara, CA, filed a Form C with the SEC on February 5, 2020 to raise $50,000 to $300,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on April 30, 2020. In its most recent fiscal year it reported $35,142 in revenue and a net loss of $124,863, with 3 employees.
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- Website
- www.lifograph.com
- Funding portal
- Wefunder Portal LLC
- Address
- 2375 De La Cruz Blvd., Santa Clara, CA 95050
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- November 7, 2012
- SEC CIK
- 0001776308
Offering terms
From the offering filed February 5, 2020.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $300,000
- Deadline
- April 30, 2020
- Portal compensation
- 7.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C-AR filed April 29, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $35,142 | $52,525 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-124,863 | $-11,339 | sec.gov |
| Taxes paid | $800 | $0 | sec.gov |
| Total assets | $84,956 | $4,674 | sec.gov |
| Cash | $84,956 | $4,674 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $5,364 | $17,140 | sec.gov |
| Long-term debt | $59,021 | $33,873 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 29, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| February 5, 2020 | Offering | $50,000 | $300,000 | April 30, 2020 | sec.gov | |
| February 4, 2020 | Progress update | $100,000 | $1,070,000 | November 22, 2019 | The final number is $215,023.00 in investments. | sec.gov |
| June 24, 2019 | Offering | $100,000 | $1,070,000 | October 31, 2019 | sec.gov |
Updated April 29, 2020. 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.