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Data / Crowdfunding / PURPOSEENERGY INC

PURPOSEENERGY INC: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,069,998 (2022)

PURPOSEENERGY INC, a company, filed a Form C with the SEC on May 12, 2022 to raise $10,000 to $1,069,998 in common stock through StartEngine Capital, LLC. The offering closed on August 10, 2022. In its most recent fiscal year it reported $2,827,901 in revenue and a net loss of $221,173, with 7 employees.

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Website
purposeenergy.com
Funding portal
StartEngine Capital, LLC
SEC CIK
0001422878

Offering terms

From the offering filed May 12, 2022.

Security
Common Stock
Price
$2.00
Target
$10,000
Maximum
$1,069,998
Deadline
August 10, 2022
Portal compensation
7 - 13 percent

Financials

From the Form C filed May 12, 2022.

Most recent fiscal yearPrior fiscal yearSource
Revenue$2,827,901$1,571,648sec.gov
Cost of goods sold$2,436,451$1,328,894sec.gov
Net income$-221,173$-562,815sec.gov
Taxes paid$7,484$3,951sec.gov
Total assets$5,431,615$3,003,520sec.gov
Cash$220,087$249,494sec.gov
Accounts receivable$474,058$202,291sec.gov
Short-term debt$261,544$903,617sec.gov
Long-term debt$2,356,655$1,523,883sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
September 30, 2022WithdrawalNot listedNot listedsec.gov
May 12, 2022Offering$10,000$1,069,998August 10, 2022sec.gov

All filings on sec.gov

Updated September 30, 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.