Fairness – Most well-liked
$20,000,741
Rolling Commitments ($USD)
01/25/2023
Rochester, New York
Media, Leisure & Publishing
Circle Optics, with a valuation of $20 million, is elevating funds on Wefunder. The corporate has developed the world’s first seamless and stitch-free panoramic multi-camera system. The 360 levels digital camera system of Circle Optics works by aligning fields of view relatively than overlapping them and creates photos with none distortion and perspective errors. Circle Optics’ expertise has acquired $3.7 million in contracts with NASA, Area Power, Air Power, and NSF and goals to enhance plane navigation and forestall collisions. Zak Niazi based Circle Optics in December 2017. The present crowdfunding marketing campaign has a minimal goal of $150,000 and a most goal of $1 million. The marketing campaign proceeds will likely be used for hiring engineers and gross sales and improvement workers, prototyping bills, and advertising and marketing.
Abstract Revenue and Loss Assertion
|
Income |
$424,484 |
$238,966 |
|
COGS |
$355,890 |
$153,561 |
|
Tax |
$0 |
$0 |
|
|
||
|
|
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|
Web Earnings |
$-584,308 |
$-660,825 |
Abstract Stability Sheet
|
Money |
$159,746 |
$50,599 |
|
Accounts Receivable |
$24,800 |
$46,041 |
|
Complete Belongings |
$271,490 |
$100,235 |
|
Brief-Time period Debt |
$964,419 |
$736,447 |
|
Lengthy-Time period Debt |
$822,311 |
$655,405 |
|
Complete Liabilities |
$1,786,730 |
$1,391,852 |
Financials as of: 01/25/2023



