FORM C |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | OMB APPROVAL |
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Form C: Filer Information
Filer CIK: | 0001944335 |
Filer CCC: | XXXXXXXX |
Period: | 09-30-2023 |
Is this a LIVE or TEST Filing? | LIVE TEST |
Is this an electronic copy of an official filing submitted in paper format in connection with a hardship exemption? | |
Would you like a Return Copy? |
Submission Contact Information
Name: | |
Phone Number: | |
Contact E-Mail Address: | |
Notify via Filing Website only? |
Form C: Issuer Information
Issuer Information
Name of Issuer: | ACFN Franchised Inc. |
Legal Status of Issuer:
Form: | Corporation |
Jurisdiction of Incorporation/Organization: |
CALIFORNIA
|
Date of Incorporation/Organization: | 10-03-2022 |
Physical Address of Issuer:
Address 1: | 4 NORTH 2ND STREET SUITE 1240 |
City: | SAN JOSE |
State/Country: |
CALIFORNIA
|
Mailing Zip/Postal Code: | 95113 |
Website of Issuer: | https://acfn-solutions.com/ |
Form C: Annual Report Disclosure Requirements
Annual Report Disclosure Requirements
Current Number of Employees: | 18.00 |
Total Assets Most Recent Fiscal Year-end: | 1291107.00 |
Total Assets Prior Fiscal Year-end: | 1834588.00 |
Cash and Cash Equivalents Most Recent Fiscal Year-end: | 551585.00 |
Cash and Cash Equivalents Prior Fiscal Year-end: | 1144846.00 |
Accounts Receivable Most Recent Fiscal Year-end: | 232082.00 |
Accounts Receivable Prior Fiscal Year-end: | 166713.00 |
Short-term Debt Most Recent Fiscal Year-end: | 1976665.00 |
Short-term Debt Prior Fiscal Year-end: | 2265144.00 |
Long-term Debt Most Recent Fiscal Year-end: | 534195.00 |
Long-term Debt Prior Fiscal Year-end: | 829104.00 |
Revenue/Sales Most Recent Fiscal Year-end: | 14671059.00 |
Revenue/Sales Prior Fiscal Year-end: | 11135875.00 |
Cost of Goods Sold Most Recent Fiscal Year-end: | 12199846.00 |
Cost of Goods Sold Prior Fiscal Year-end: | 9255355.00 |
Taxes Paid Most Recent Fiscal Year-end: | 67899.00 |
Taxes Paid Prior Fiscal Year-end: | 2000.00 |
Net Income Most Recent Fiscal Year-end: | -76864.00 |
Net Income Prior Fiscal Year-end: | 66136.00 |
Form C: Signature
Signature
Issuer: | ACFN Franchised Inc. |
Signature: | Jeffrey D. Kerr |
Title: | Founder & Chief Executive Officer |
Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.
Signature: | Jeffrey D. Kerr |
Title: | Director |
Date: | 01-26-2024 |
Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.
Signature: | Dana Kerr |
Title: | Director |
Date: | 01-26-2024 |