Data / Crowdfunding / Utah / NarcX Solutions Inc.
NarcX Solutions Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2021)
NarcX Solutions Inc., a corporation in Vineyard, UT, filed a Form C with the SEC on December 17, 2021 to raise $10,000 to $1,070,000 in common stock through StartEngine Capital, LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $90,272 in revenue and a net loss of $494,174, with 5 employees.
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- Website
- www.narcx.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 523 E 1750 N SUITE 500, Vineyard, UT 84059
- Legal form
- Corporation
- Jurisdiction
- UT
- Incorporated
- June 5, 2019
- SEC CIK
- 0001890401
Offering terms
From the offering filed December 17, 2021.
- Security
- Common Stock
- Price
- $1.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2022
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed February 13, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $90,272 | $92,251 | sec.gov |
| Cost of goods sold | $33,403 | $31,931 | sec.gov |
| Net income | $-494,174 | $-1,559,182 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $38,774 | $2,870 | sec.gov |
| Cash | $5,008 | $-339 | sec.gov |
| Accounts receivable | $2,747 | $2,601 | sec.gov |
| Short-term debt | $25,392 | $31,511 | sec.gov |
| Long-term debt | $485,000 | $485,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 13, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| February 13, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| February 13, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| May 4, 2022 | Progress update | $10,000 | $1,070,000 | April 30, 2022 | At the close of the offering, the issuer closed on $72,662.21 and 80,279 number of securities. | sec.gov |
| December 17, 2021 | Offering | $10,000 | $1,070,000 | April 30, 2022 | sec.gov |
Updated February 13, 2024. 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.