Consumer Discretionary

KOTA Longboards, LLC

Regulation Crowdfunding campaign information and financial data from SEC filings


Profile

According to their SEC filings, KOTA Longboards, LLC is a Limited Liability Company organized in CO on 05-17-2012. They report having 4.00 employees, and revenue in their most recent fiscal year of $199,314 and $154,644 the prior year.

Description:
KOTA Longboards has been making the best longboards in the industry since 2012. Our longboards are the easiest to ride in the market. No matter is your a young teenager learning to ride your first longboard or your trying to show the younger folks you ...
Website:
http://www.kotalongboards.com
Location:
1400 SOUTH LIPAN STREET
DENVER, CO 80223

Equity Crowdfunding Campaigns

KOTA Longboards, LLC does not currently have any active Reg CF crowdfunding campaigns.

Previous Crowdfunding Offering
Tuesday, November 6, 2018

KOTA Longboards, LLC previously ran a Reg CF crowdfunding campaign to raise a target of $10,000 via StartEngine before a deadline of 11-01-2018. They filed this progress report at the end of the offering: "At the close of the offering, the issuer closed on $16,102.4 and 5,072 number of securities."

Intermediary compensation

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

"6 percent"

In addition to any direct compensation, KOTA Longboards, LLC reports that StartEngine also received the following financial interest in the offering:

"N/A"
Withdrawn Crowdfunding Offering
Friday, March 30, 2018

KOTA Longboards, LLC previously ran a Reg CF crowdfunding campaign to raise a target of $90,000 via Wefunder before a deadline of 09-28-2018, but withdrew that offering. The URL for the offering was https://wefunder.com/kota.longboards.

Financial Information

The following information is taken from SEC filings.

Income Statement Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Revenue $199,314 $154,644 28.9%
Cost of Goods Sold $235,253 $253,403 -7.2%
Taxes Paid $0 $0 N/A
Net Income -$263,552 -$359,170 N/A

Balance Sheet Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Total Assets $74,423 $87,748 -15.2%
Cash & Cash Equivalents $1,014 $26,011 -96.1%
Accounts Receivable $1,525 $828 84.2%
Short-Term Debt $97,581 $94,393 3.4%
Long-Term Debt $68,358 $29,097 134.9%

Complete Reg CF filing activity feed

  • Update Form C-U

    [ Nov-6 ] KOTA Longboards, LLC filed a progress report (Form C-U) with the following update:

    "At the close of the offering, the issuer closed on $16,102.4 and 5,072 number of securities."
  • New Offering Form C

    [ Aug-3 ] KOTA Longboards, LLC filed SEC Form C to raise a target amount of $10,000 (up to a maximum of $106,998) of Non-Voting Membership Units via StartEngine before a deadline of 11-01-2018.

    Description:

    "KOTA Longboards has been making the best longboards in the industry since 2012. Our longboards are the easiest to ride in the market. No matter is your a young teenager learning to ride your first longboard or your trying to show the younger folks you ..."

  • Withdrawn Offering Form C-W

    [ Aug-3 ] KOTA Longboards, LLC withdrew their offering.

  • New Offering Form C

    [ Mar-30 ] KOTA Longboards, LLC filed SEC Form C to raise a target amount of $90,000 (up to a maximum of $1,070,000) of Simple Agreement for Future Equity (SAFE) via Wefunder before a deadline of 09-28-2018.

    Description:

    "KOTA Longboards has been making the best longboards in the industry since 2012. Our longboards are the easiest to ride in the market. No matter is your a young teenager learning to ride your first longboard or your trying to show the younger folks you ..."