sona labs on StartEngine 2022

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sona labs on StartEngine 2022


Safety Sort

Fairness – Frequent

Pre-Cash Valuation

$20,000,000

Reporting Date

10/08/2022

Probability of Max

likely

Momentum

warm.svg

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Location

Los Angeles, California

Trade

Healthcare & Prescription drugs

sona labs, with a valuation of $20 million, is elevating funds on StartEngine. It’s a digital therapeutics firm that makes use of the ability of restorative music to enhance psychological well being. The corporate makes authentic music based mostly on scientific analysis and delivers it by digital actuality, augmented actuality, cell phones, and reside experiences. The medical trials of sona labs have been authorised by FDA, making it the primary FDA-approved sound remedy answer for nervousness. Neal Sarin based sona labs in April 2019. The present crowdfunding marketing campaign has a minimal goal of $10,000 and a most goal of $1,235,000. The marketing campaign proceeds shall be used to associate with world healthcare establishments and hospitals to distribute the app.

Abstract Revenue and Loss Assertion

Income

$11,199

$3,650

COGS

$121,144

$86,145

Tax

$0

$0

 

 

Web Earnings

$-390,150

$-146,739

Abstract Steadiness Sheet

Money

$191,996

$9,753

Accounts Receivable

$560

$0

Whole Belongings

$192,557

$9,753

Quick-Time period Debt

$96

$700

Lengthy-Time period Debt

$525,000

$76,000

Whole Liabilities

$525,096

$76,700

Financials as of: 10/07/2022

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