Data / Crowdfunding / California / PT Motion Works, Inc.
PT Motion Works, Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,996 to $1,069,999 (2020)
PT Motion Works, Inc., a corporation in Solana Beach, CA, filed a Form C with the SEC on January 10, 2020 to raise $9,996 to $1,069,999 in Series D-3 Preferred Non-Voting Stock through StartEngine Capital, LLC. The offering closed on March 5, 2020. In its most recent fiscal year it reported $7,106,988 in revenue and a net loss of $369,331, with 13 employees.
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- Website
- www.elliptigo.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 740 E. SOLANA CIRCLE, Solana Beach, CA 92075
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 13, 2009
- SEC CIK
- 0001478263
Offering terms
From the offering filed January 10, 2020.
- Security
- Series D-3 Preferred Non-Voting Stock
- Price
- $7.00
- Target
- $9,996
- Maximum
- $1,069,999
- Deadline
- March 5, 2020
- Portal compensation
- 7.0 percent
Financials
From the Form C-AR filed April 29, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $7,106,988 | $7,563,676 | sec.gov |
| Cost of goods sold | $3,863,823 | $3,595,164 | sec.gov |
| Net income | $-369,331 | $1,331,832 | sec.gov |
| Taxes paid | $10,670 | $8,170 | sec.gov |
| Total assets | $3,533,485 | $4,108,311 | sec.gov |
| Cash | $1,528,965 | $3,206,457 | sec.gov |
| Accounts receivable | $439,528 | $256,380 | sec.gov |
| Short-term debt | $55,000 | $55,000 | sec.gov |
| Long-term debt | $0 | $219,600 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 4, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 29, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| May 26, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| March 6, 2020 | Progress update | $9,996 | $1,069,999 | March 5, 2020 | At the close of the offering, the issuer closed on $565,341 and 81,566 number of securities. | sec.gov |
| January 10, 2020 | Offering | $9,996 | $1,069,999 | March 5, 2020 | sec.gov | |
| April 30, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| April 28, 2017 | Annual report | Not listed | Not listed | sec.gov | ||
| March 6, 2017 | Progress update | $50,004 | $999,999 | February 28, 2017 | PT Motion works has closed on $1,000,000.00 at the conclusion of their offering period. | sec.gov |
| January 4, 2017 | Offering | $50,004 | $999,999 | February 28, 2017 | sec.gov |
Also on SpecStream
Updated May 4, 2022. 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.