Data / Crowdfunding / California / Smart IOPS, Inc.
Smart IOPS, Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $1,069,998 (2022)
Smart IOPS, Inc., a corporation in Milpitas, CA, filed a Form C with the SEC on December 12, 2022 to raise $9,999 to $1,069,998 in CF Common Stock through StartEngine Capital, LLC. The offering closed on January 12, 2023. In its most recent fiscal year it reported $955,452 in revenue and a net loss of $724,021, with 50 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
- smartiops.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 1551 MCCARTHY BLVD, SUITE 208 SUITE 208, Milpitas, CA 95035
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- October 23, 2013
- SEC CIK
- 0001944959
Offering terms
From the amendment filed December 12, 2022.
- Security
- CF Common Stock
- Price
- $1.86
- Target
- $9,999
- Maximum
- $1,069,998
- Deadline
- January 12, 2023
- Portal compensation
- Up to 9% percent
Financials
From the Form C-AR filed May 1, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $955,452 | $326,830 | sec.gov |
| Cost of goods sold | $743,314 | $456,724 | sec.gov |
| Net income | $-724,021 | $-1,559,061 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $821,532 | $910,923 | sec.gov |
| Cash | $181,918 | $454,526 | sec.gov |
| Accounts receivable | $7,430 | $102,300 | sec.gov |
| Short-term debt | $130,830 | $72,454 | sec.gov |
| Long-term debt | $0 | $2,303,159 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 15, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 1, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| January 18, 2023 | Progress update | $9,999 | $1,069,998 | January 12, 2023 | At the close of the offering, the issuer closed on $187,737.74 and 116,149 number of securities. | sec.gov |
| December 12, 2022 | Amendment | $9,999 | $1,069,998 | January 12, 2023 | Issuer is extending campaign end date. | sec.gov |
| November 28, 2022 | Amendment | $9,999 | $1,069,998 | December 13, 2022 | Issuer is updating Indebtedness section | sec.gov |
| September 12, 2022 | Offering | $9,999 | $1,069,998 | December 13, 2022 | sec.gov |
Updated April 15, 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.