KMX Applied sciences on NetCapital 2022

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KMX Applied sciences on NetCapital 2022


Safety Sort

Fairness – Widespread

Pre-Cash Valuation

$60,145,534

Reporting Date

10/23/2022

Probability of Max

unlikely

Momentum

warm.svg

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Location

Wilmington, Delaware

Business

Power, Energy, & Pure Assets

KMX Applied sciences, with a valuation of $60.1 million, is elevating funds on NetCapital. The corporate has developed a proprietary expertise that gives next-generation water remedy whereas preserving the crucial minerals and lithium secured. The water remedy expertise of KMX Applied sciences works on a low-cost lease and license enterprise mannequin and enhances lithium restoration charges for all processes. KMX Applied sciences goals to satisfy the uncommon earth parts and magnets demand of electrical autos, communications, and protection industries. Zachary Sadow and Bina Khan based KMX Applied sciences in February 2020. The present crowdfunding marketing campaign has a minimal goal of $10,000 and a most goal of $500,000. The marketing campaign proceeds might be used for salaries, gear, advertising and marketing, insurance coverage, journey, engineering software program, communications, and extra.

Abstract Revenue and Loss Assertion

Income

$15,000

$0

COGS

$0

$0

Tax

$0

$0

 

 

Web Earnings

$-702,814

$-121,199

Abstract Stability Sheet

Money

$517,198

$233,507

Accounts Receivable

$0

$0

Whole Property

$879,005

$594,604

Quick-Time period Debt

$0

$0

Lengthy-Time period Debt

$326,825

$117,306

Whole Liabilities

$326,825

$117,306

Financials as of: 10/21/2022

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Increase Historical past

KMX Applied sciences 12/20/2022 Netcapital $60,145,534 $5,800 Fairness – Widespread
Lively
RegCF
KMX Applied sciences 08/05/2022 Netcapital $40,086,294 $1,069,999 Fairness – Widespread
Funded
RegCF

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