Data / Crowdfunding / North Carolina / Offline Media, Inc.
Offline Media, Inc.: crowdfunding raise on Wefunder Portal LLC, $50,007 to $617,999 (2024)
Offline Media, Inc., a corporation in Raleigh, NC, filed a Form C with the SEC on March 21, 2024 to raise $50,007 to $617,999 in preferred stock through Wefunder Portal LLC. The offering closed on April 29, 2024. In its most recent fiscal year it reported $1,937,619 in revenue and a net loss of $2,193,154, with 7 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
- letsgetoffline.com
- Funding portal
- Wefunder Portal LLC
- Address
- 150 Fayetteville St Suite 300, Raleigh, NC 27610
- Legal form
- Corporation
- Jurisdiction
- NC
- Incorporated
- February 23, 2012
- SEC CIK
- 0001588427
Offering terms
From the offering filed March 21, 2024.
- Security
- Preferred Stock
- Price
- $7.68
- Target
- $50,007
- Maximum
- $617,999
- Deadline
- April 29, 2024
- Portal compensation
- 6.5% 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 7, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,937,619 | $1,453,228 | sec.gov |
| Cost of goods sold | $250,104 | $181,034 | sec.gov |
| Net income | $-2,193,154 | $-1,679,944 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $291,977 | $422,789 | sec.gov |
| Cash | $213,299 | $380,146 | sec.gov |
| Accounts receivable | $904 | $5,554 | sec.gov |
| Short-term debt | $615,794 | $510,999 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 7, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| March 21, 2024 | Offering | $50,007 | $617,999 | April 29, 2024 | sec.gov | |
| March 21, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| August 29, 2022 | Offering | $50,004 | $1,069,996 | April 30, 2023 | sec.gov |
Also on SpecStream
Updated April 7, 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.