Data / Crowdfunding / Texas / SWEAT COSMETICS INC
SWEAT COSMETICS INC: crowdfunding raise on First Democracy VC, $50,000 to $800,000 (2018)
SWEAT COSMETICS INC, a corporation in Southlake, TX, filed a Form C with the SEC on May 14, 2018 to raise $50,000 to $800,000 in preferred stock through First Democracy VC. The offering closed on June 11, 2018. In its most recent fiscal year it reported $269,327 in revenue and a net loss of $216,166.
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
- sweatcosmetics.com
- Funding portal
- First Democracy VC
- Address
- 300 State Street #94509, Southlake, TX 76034
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 24, 2015
- SEC CIK
- 0001731813
Offering terms
From the amendment filed May 14, 2018.
- Security
- Preferred Stock
- Price
- $0.42
- Target
- $50,000
- Maximum
- $800,000
- Deadline
- June 11, 2018
- Portal compensation
- 7.0%
Financials
From the Form C-AR filed May 3, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $269,327 | $261,470 | sec.gov |
| Cost of goods sold | $67,331 | $128,469 | sec.gov |
| Net income | $-216,166 | $-286,576 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $327,643 | $455,938 | sec.gov |
| Cash | $47,578 | $110,023 | sec.gov |
| Accounts receivable | $8,349 | $25,709 | sec.gov |
| Short-term debt | $24,795 | $106,650 | sec.gov |
| Long-term debt | $240,327 | $452,430 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 3, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| April 29, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| July 6, 2018 | Progress update | $50,000 | $800,000 | June 11, 2018 | $254,772 in investments. Payments are still being processed; final number is yet to be determined. | sec.gov |
| May 14, 2018 | Amendment | $50,000 | $800,000 | June 11, 2018 | Adding video transcript of webinar. | sec.gov |
| April 12, 2018 | Offering | $50,000 | $800,000 | June 11, 2018 | sec.gov |
Updated May 3, 2021. 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.