Software & Services

SynTouch, Inc.

Regulation Crowdfunding campaign information and financial data from SEC filings


Profile

According to their SEC filings, SynTouch, Inc. is a Corporation organized in DE on 02-17-2016. They report having 9 employees, and revenue in their most recent fiscal year of $1,429,466 and $1,930,977 the prior year.

Description:
We make the world's most advanced tactile sensors.
Website:
https://www.syntouchinc.com
Location:
3720 CLIFTON PLACE
MONTROSE, CA 91020

Equity Crowdfunding Campaigns

SynTouch, Inc. does not currently have any active Reg CF crowdfunding campaigns.

Previous Crowdfunding Offering
Monday, May 14, 2018

SynTouch, Inc. previously ran a Reg CF crowdfunding campaign to raise a target of $25,000 via SeedInvest before a deadline of 04-30-2018. They filed this progress report at the end of the offering: "The issuer raised approximately $837,500 during the offering period. Payment are still being processed; the exact amount has yet to be determined." The URL for the offering was https://www.seedinvest.com/syntouch/series.a.

Intermediary compensation

According to the SEC filings, SeedInvest was compensated as follows for this offering:

"7.5% of the amount raised"

In addition to any direct compensation, SynTouch, Inc. reports that SeedInvest also received the following financial interest in the offering:

"SI Securities will receive equity compensation equal to 5% of the number of securities sold."

Financial Information

The following information is taken from SEC filings.

Income Statement Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Revenue $1,429,466 $1,930,977 -26.0%
Cost of Goods Sold $1,149,897 $1,243,469 -7.5%
Taxes Paid $0 $0 N/A
Net Income -$632,431 $114,923 N/A

Balance Sheet Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Total Assets $975,184 $1,477,466 -34.0%
Cash & Cash Equivalents $299,215 $766,715 -61.0%
Accounts Receivable $163,047 $36,323 348.9%
Short-Term Debt $163,835 $125,150 30.9%
Long-Term Debt $1,224,785 $1,120,850 9.3%

Complete Reg CF filing activity feed

  • Annual Report Form C-AR

    [ May-14 ] SynTouch, Inc. filed an Annual Report (Form C-AR), available in full on the SEC website.

  • Update Form C-U

    [ May-14 ] SynTouch, Inc. filed a progress report (Form C-U) with the following update:

    "The issuer raised approximately $837,500 during the offering period. Payment are still being processed; the exact amount has yet to be determined."
  • New Offering Form C

    [ Mar-7 ] SynTouch, Inc. filed SEC Form C to raise a target amount of $25,000 (up to a maximum of $1,070,000) of Preferred Stock via SeedInvest before a deadline of 04-30-2018.

    Description:

    "We make the world's most advanced tactile sensors."