Data / Crowdfunding / California / SineWatts, Inc.
SineWatts, Inc.: crowdfunding raise on StartEngine Capital, LLC, $15,000 to $1,234,980 (2023)
SineWatts, Inc., a corporation in Bakersfield, CA, filed a Form C with the SEC on March 22, 2023 to raise $15,000 to $1,234,980 in common stock through StartEngine Capital, LLC. The offering closed on May 21, 2023. In its most recent fiscal year it reported $165,000 in revenue and a net loss of $9,325, with 2 employees.
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- Website
- www.sinewatts.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 4900 California Ave Ste 210B, Bakersfield, CA 93309
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- June 14, 2011
- SEC CIK
- 0001965503
Offering terms
From the offering filed March 22, 2023.
- Security
- Common Stock
- Price
- $30.00
- Target
- $15,000
- Maximum
- $1,234,980
- Deadline
- May 21, 2023
- Portal compensation
- up to 9% percent
Financials
From the Form C-AR filed April 9, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $165,000 | $197,000 | sec.gov |
| Cost of goods sold | $172,787 | $223,684 | sec.gov |
| Net income | $-9,325 | $-27,705 | sec.gov |
| Taxes paid | $1,538 | $1,021 | sec.gov |
| Total assets | $205,419 | $195,846 | sec.gov |
| Cash | $17,996 | $28,422 | sec.gov |
| Accounts receivable | $20,000 | $30,000 | sec.gov |
| Short-term debt | $89,486 | $90,597 | sec.gov |
| Long-term debt | $670,918 | $650,908 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 9, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| May 23, 2023 | Withdrawal | Not listed | Not listed | sec.gov | ||
| April 20, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| March 22, 2023 | Offering | $15,000 | $1,234,980 | May 21, 2023 | sec.gov |
Updated April 9, 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.