Data / Crowdfunding / California / Timeless Coffee Roasters, LLC
Timeless Coffee Roasters, LLC: crowdfunding raise on SMBX, Inc., $20,000 to $350,000 (2023)
Timeless Coffee Roasters, LLC, a limited liability company in Oakland, CA, filed a Form C with the SEC on December 5, 2023 to raise $20,000 to $350,000 in debt through SMBX, Inc.. The offering closed on February 8, 2024. In its most recent fiscal year it reported $1,616,835 in revenue and a net loss of $97,111, with 15 employees.
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- Website
- timelesscoffee.com
- Funding portal
- SMBX, Inc.
- Address
- 4252 PIEDMONT AVE, Oakland, CA 94611
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- July 16, 2012
- SEC CIK
- 0002001226
Offering terms
From the offering filed December 5, 2023.
- Security
- Debt
- Price
- $10.00
- Target
- $20,000
- Maximum
- $350,000
- Deadline
- February 8, 2024
- Portal compensation
- SMBX will be charging a capital raise fee of 4.50% (up to $15,750 based on the total amount raised)
Financials
From the Form C filed December 5, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,616,835 | $1,931,150 | sec.gov |
| Cost of goods sold | $683,516 | $418,415 | sec.gov |
| Net income | $-97,111 | $50,259 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $1,045,717 | $1,020,122 | sec.gov |
| Cash | $36,193 | $405,261 | sec.gov |
| Accounts receivable | $0 | $22,780 | sec.gov |
| Short-term debt | $949,968 | $819,243 | sec.gov |
| Long-term debt | $25,062 | $5,081 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 5, 2023 | Offering | $20,000 | $350,000 | February 8, 2024 | sec.gov |
Updated December 5, 2023. 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.