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Acres Technology

Operating

Retail & Consumer · Las Vegas, NV

Estimated pre-money ⓘ
$265.4M
As of Nov 2024 · from Reg CF Offering (2024) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$30,757,834
Crowd $206K · Private $30.6M · 5 rounds since 2018
Latest share price
$3.30
Reg CF · Common Stock · Nov 2024 offering price

Financials

FY2022–FY2023 · from SEC filings · hover any figure for its source
$12.0M
−$10.9M
2022
$6.3M
−$9.0M
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2022 audited
FY2023 audited
Income statement
Revenue
$12,040,524
$6,346,196
Cost of goods sold
$7,965,012
$5,222,204
Gross margin
34%
18%
Net income
-$10,945,340
-$9,006,842
Taxes paid
$0
$0
Balance sheet
Cash
$727,475
$1,892,509
Accounts receivable
$80,949
$552,694
Total assets
$16,410,326
$23,008,744
Short-term debt
$7,766,889
$16,020,094
Long-term debt
$20,147,255
$28,874,428
Total liabilities
$27,914,144
$44,894,522
Other
Headcount
—
4

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
$265.4M
est. pre-money
Reg CF · Common · Nov 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 31, 2023
ClassOutstandingVotes / shareShare of totalLast price
Common stock80,423,339—100.0%$3.30Nov 2024

Shares outstanding over timein today's share terms

80M40M0
Dec 2022Dec 2023
Common stockRound opened

Sold to the crowd

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. 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 $205.8K / $1MEst. pre-money $265.4M
Raised $29.6MInvestors 50
Raised $815KInvestors 13
Raised $96.5KInvestors 6

Team

1 person
/s/ John Acres
CEO

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 0 of 2 annual reports (FY2024–FY2025)

Missing: 2024, 2025

50 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-UApr 10, 20250001683168-25-002405
    EDGAR
  • Form C/ADec 5, 20240001683168-24-008530
    EDGAR
  • Form CNov 15, 20240001683168-24-008153
    EDGAR
  • Form C/ANov 15, 20240001683168-24-008163
    EDGAR
  • Form DApr 20, 20230001730533-23-000003
    EDGAR
  • Form D/AApr 3, 20200001730533-20-000002
    EDGAR
  • Form DOct 18, 20190001730533-19-000003
    EDGAR
  • Form DJun 6, 20190001730533-19-000002
    EDGAR
Source: SEC EDGARCIK 0001730533NVShare price $3.30Last synced Aug 17, 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.