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AQUA POWER SYSTEMS INC.

Raising nowPublic

Energy & Cleantech · Winter Park, FL

AQUA POWER SYSTEMS is building an AI platform that completes state corporate regulatory filings, such as annual reports, amendments and dissolutions, from login to confirmation without a human handling each filing. It targets businesses and the law, accounting and registered-agent firms that file for them, starting in Florida.

Raising nowRaising now

This company has an open fundraising round.

$0 raised
View the live round
Estimated pre-money ⓘ
$4.7M
As of Jul 2026 · from Reg A Offering (2026) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$1,356,408
Crowd $0 · Private $1.4M · 10 rounds since 2010
Latest share price
$0.0175
Reg A+ · Equity · Jul 2026 offering price · down round

Financials

FY2012–FY2025 (no data for FY2016, FY2017, FY2018, FY2019, FY2020, FY2024) · from SEC filings · hover any figure for its source
$3K
−$78K
2012
$2K
−$192K
2013
2014
$2K
−$104K
2015
2016no data
2017no data
2018no data
2019no data
2020no data
$0
−$78K
2021
$0
$555K
2022
$85.5M
$19.5M
2023
2024no data
$0
−$39K
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2012 audited
FY2013 audited
FY2014 audited
FY2015 audited
FY2021 audited
FY2022 audited
FY2023 unaudited
FY2025
Income statement
Revenue
$2,588
$2,268
—
$2,103
$0
$0
$85,455,017
$0
Cost of goods sold
—
—
—
—
—
$28,687,528
$69,615,243
$0
Gross margin
—
—
—
—
—
—
19%
—
Net income
-$78,215
-$191,849
—
-$103,859
-$77,932
$554,911
$19,546,944
-$39,411
Taxes paid
—
—
$0
$0
—
—
—
—
Balance sheet
Cash
$109,710
$3,272
$160
$1,502
$0
$0
$156,890
$1,220
Accounts receivable
$256
$513
$361
$257
—
$11,474,448
$5,859,375
$0
Total assets
$159,240
$3,785
$521
$270,884
$0
$155,733
$85,907,593
$1,220
Long-term debt
—
—
—
—
—
$65,676,247
$46,557,110
$1,736,778
Total liabilities
$12,500
$29,919
$107,165
$366,251
$1,105,397
$63,045
$66,409,980
$1,914,768
Other
Headcount
—
—
—
—
—
215
215
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
$153.4M
est. pre-money
$4.7M
est. pre-money
Reg A+ · Equity · Aug 2023
Reg A+ · Equity · Jul 2026

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.

Share price over rounds

log scale
$2.00$0.0141$0.0001
Dec 2010Jul 2026
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Jul 2026 (-88.3%)

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of Jun 17, 2026
Series B Convertible Preferred Stock · 93.6%Common Stock · 6.44%
ClassOutstandingVotes / shareConvertsAs convertedVotesLast price
Series B Convertible Preferred Stockpreferred250,0001,0001,000 × Common Stock93.6%93.6%—
Common Stock17,204,180——6.44%6.44%$0.0175Jul 2026
Total17,454,180267,204,180 as converted100%100%

Shares outstanding over timein today's share terms

165M82M0
Oct 2012Jun 2026
Common Stockpreferred stockSeries B Convertible Preferred StockRound openedSplit / conversion

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

Principal holders% as the filing states it, Jun 17, 2026

  • Stephen W. Carnes250,000 Series B Convertible Preferred Stock100.0%of Series B Convertible Preferred
  • Phillip Securities HK Ltd Client A/C2,245,383 Common Stock13.1%of company
  • Kenneth Thomas1,145,905 Common Stock6.66%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 / $2.6MEst. pre-money $4.7M
Raised $0 / $16MEst. pre-money $153.4M
Raised $200KInvestors 1
Raised $22.3K
Raised $217.7KInvestors 43

Team

1 person
Stephen W. Carnes
President, Chief Executive Officer, Principal Financial Officer, Secretary, Treasurer and 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 QUALIFJul 7, 20269999999994-26-000134
    EDGAR
  • Form 1-AJun 17, 20260001683168-26-004896
    EDGAR
  • Form 1-A-WMay 6, 20240001683168-24-003029
    EDGAR
  • Form 1-A/AApr 19, 20240001683168-24-002528
    EDGAR
  • Form 1-A/ANov 6, 20230001683168-23-007634
    EDGAR
  • Form 1-AAug 17, 20230001683168-23-005834
    EDGAR
  • Form 10-QNov 10, 20220001683168-22-007494
    EDGAR
  • Form 10-QJul 27, 20220001683168-22-005147
    EDGAR
Source: SEC EDGARCIK 0001553264NVShare price $0.0175Last 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.