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Applied Bioplastics Corp.

Operating

Industrial & Manufacturing · Austin, TX

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Post-money valuation ⓘ
$20.0M
As of Apr 2023 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$32,000
Across 2 rounds since 2022

Financials

FY2020–FY2023 · from SEC filings · hover any figure for its source
$0
−$77K
2020
$10K
−$278K
2021
$8K
−$702K
2022
$4K
−$977K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed*
FY2021 reviewed*
FY2022
FY2023
Income statement
Revenue
$0
$9,581
$7,871
$4,096
Cost of goods sold
$0
$0
$7,819
$1,627
Gross margin
—
100%
1%
60%
Net income
-$76,611
-$277,951
-$702,411
-$977,363
Taxes paid
$0
$0
$0
$268
Balance sheet
Cash
$53,878
$191,296
$103,717
$51,603
Accounts receivable
$0
$5,500
$7,871
$142
Total assets
$137,878
$369,201
$417,842
$436,303
Short-term debt
$0
$1,626
$3,444
$37,376
Long-term debt
$87,802
$87,802
$214,420
$231,942
Total liabilities
$87,802
$89,428
$217,864
$269,318
Other
Headcount
—
20
—
20

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
$20.0M
pre-money
Reg CF · SAFE · Dec 2022

Blue bars are the pre-money valuation the company stated for a priced round.

Cap table

Principal holders% as the filing states it, May 1, 2024

  • Alex Blum4,000,000 shares43.0%of votes

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

Rule 506(c) · Equity · Jun 2023Closed
Raised —
Reg CF · SAFE · Dec 2022Closedvia Raise Green, Inc.
Raised $32K / $1.2MPost-money $20M

Team

1 person
Colin Ardern
President & COO

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

Not requiredFiled Form C-TR (terminated reporting)

Filed 1 of 4 annual reports (FY2022–FY2025)

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

SEC filings

  • Form C-ARMay 1, 20240001747584-24-000028
    EDGAR
  • Form C-TRMay 1, 20240001747584-24-000029
    EDGAR
  • Form C-UJun 29, 20230001747584-23-000031
    EDGAR
  • Form DJun 12, 20230001956715-23-000001
    EDGAR
  • Form C-UJun 1, 20230001747584-23-000028
    EDGAR
  • Form C/AApr 26, 20230001747584-23-000017
    EDGAR
  • Form C/AFeb 17, 20230001747584-23-000007
    EDGAR
  • Form CDec 14, 20220001747584-22-000050
    EDGAR
Source: SEC EDGARCIK 0001956715DELast 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.