Data / Crowdfunding / Texas / SmartDrone Corporation
SmartDrone Corporation: crowdfunding raise on StartEngine Capital, LLC, $14,999 to $999,999 (2024)
SmartDrone Corporation, a corporation in Tyler, TX, filed a Form C with the SEC on December 23, 2024 to raise $14,999 to $999,999 in Class A Common Stock through StartEngine Capital, LLC. The offering closed on March 10, 2025. In its most recent fiscal year it reported $622,979 in revenue and a net loss of $2,075,394, with 13 employees.
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- Website
- www.smartdrone.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 2014 Deerbrook Drive 2014 Deerbrook Drive, Tyler, TX 75703
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- February 25, 2020
- SEC CIK
- 0002030600
Offering terms
From the amendment filed December 23, 2024.
- Security
- Class A Common Stock
- Price
- $1.23
- Target
- $14,999
- Maximum
- $999,999
- Deadline
- March 10, 2025
- Portal compensation
- 7 - 13 percent
Financials
From the Form C-AR filed April 27, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $622,979 | $578,369 | sec.gov |
| Cost of goods sold | $380,007 | $212,122 | sec.gov |
| Net income | $-2,075,394 | $-1,744,665 | sec.gov |
| Taxes paid | $19,602 | $4,058 | sec.gov |
| Total assets | $1,851,430 | $1,962,989 | sec.gov |
| Cash | $108,085 | $177,946 | sec.gov |
| Accounts receivable | $78,547 | $0 | sec.gov |
| Short-term debt | $7,100,474 | $5,441,317 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 27, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| April 4, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| March 11, 2025 | Progress update | $14,999 | $999,999 | March 10, 2025 | At the close of the offering, the issuer closed on $831,811.27 and 823,691 shares. | sec.gov |
| December 23, 2024 | Amendment | $14,999 | $999,999 | March 10, 2025 | Issuer is extending their campaign end date to March 10th, 2025. | sec.gov |
| October 31, 2024 | Amendment | $14,999 | $999,999 | January 7, 2025 | Issuer is extending their campaign end date to January 7th, 2025 and is disclosing the departure of Joseph Leporini. | sec.gov |
| August 7, 2024 | Amendment | $14,999 | $999,999 | November 5, 2024 | Correcting intended end date to: November 5th, 2024. | sec.gov |
| August 7, 2024 | Offering | $14,999 | $999,999 | October 5, 2024 | sec.gov |
Updated April 27, 2026. 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.