Crowdonomics
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1606 CORP.

Public

Software & AI · Phoenix, AZ

Estimated pre-money ⓘ
$147.0M
As of Jul 2024 · from Reg A Offering (2024) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$75,000
Crowd $0 · Private $75K · 2 rounds since 2021
Latest share price
$0.10
Reg A Offering (2024) offering price

Financials

FY2020–FY2025 · from SEC filings · hover any figure for its source
$68K
−$228K
2020
$34K
−$316K
2021
$14K
−$540K
2022
$2K
−$1.6M
2023
$7K
−$4.5M
2024
$0
−$1.3M
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 audited
FY2021 audited
FY2022 audited
FY2023 audited
FY2024 audited
FY2025 audited
Income statement
Revenue
$67,907
$34,069
$13,944
$1,603
$7,195
$0
Cost of goods sold
$51,834
$21,696
$12,762
$995
$7,313
$0
Gross margin
24%
36%
8%
38%
-2%
—
Net income
-$227,742
-$315,962
-$540,037
-$1,580,733
-$4,514,971
-$1,295,041
Taxes paid
$0
$0
$0
$0
$0
$0
Balance sheet
Cash
$0
$9,543
$105,065
$48,941
$2,078
$0
Accounts receivable
$82
$0
$0
$3,600
$0
—
Total assets
$50,347
$40,992
$231,816
$148,338
$10,140
$16,058
Short-term debt
—
—
—
$51,086
$188,306
$932,166
Long-term debt
—
—
—
$1,220,550
—
$2,056,036
Total liabilities
$0
$258,506
$826,867
$1,563,245
$2,205,632
$3,238,370
Other
Headcount
—
—
—
1
—
—

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$147.0M
est. pre-money
Reg A+ · Equity · Jul 2024

Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Cap table

Share counts as of Dec 11, 2024
Class A preferred stock · 93.5%Preferred Stock · 0%common stock · 6.53%
ClassOutstandingVotes / shareConvertsAs convertedLast price
Class A preferred stockpreferred59,680,123—25 × common stock93.5%—
Preferred Stockpreferred(as of Jun 30, 2024)90——0%—
common stock104,251,332——6.53%—
Total163,931,5451,596,254,497 as converted100%

Shares outstanding over timein today's share terms

94M47M0
Jun 2022Oct 2024
Class A preferred stockcommon stockPreferred Stock

Changes in named holdersshares in today's terms · % of all shares at the time

Principal holders% as the filing states it, Mar 27, 2026

  • Govindan Gowrishankar2,500,000 shares7.38%of company

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. “As converted” counts each class in the shares it converts into. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $0 / $2MEst. pre-money $147M
Raised $75KInvestors 3

Team

3 people
Austen Lambrecht
Chief Executive Officer, Chief Financial Officer and Director
Govindan Gowrishankar
Director
Venu Aravamudan
Director

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form 10-QAug 14, 20260001477932-26-005063
    EDGAR
  • Form 10-QMay 15, 20260001477932-26-003209
    EDGAR
  • Form 10-KMar 27, 20260001477932-26-001635
    EDGAR
  • Form 10-QNov 12, 20250001477932-25-008088
    EDGAR
  • Form 10-QAug 11, 20250001477932-25-005669
    EDGAR
  • Form 10-QMay 13, 20250001477932-25-003632
    EDGAR
  • Form 10-KMar 31, 20250001477932-25-002206
    EDGAR
  • Form 253G1Dec 26, 20240001477932-24-008312
    EDGAR
Source: SEC EDGARCIK 0001877461NVShare price $0.10Last synced Aug 16, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.