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AudioCardio

Operating

Audio Cardio, Inc.

Healthcare · Santa Monica, CA · Founded 2018

Physical therapy for your hearing

Valuation cap ⓘ
$9.8M
As of Apr 2021 · from Reg CF Offering (2021) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$527,317
Crowd $177K · Private $350K · 3 rounds since 2018

Financials

FY2018–FY2022 · from SEC filings · hover any figure for its source
$0
−$75K
2018
$2K
−$64K
2019
$39K
−$31K
2020
$81K
−$9K
2021
$114K
−$71K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed
FY2019 reviewed
FY2020 reviewed
FY2021 unaudited
FY2022
Income statement
Revenue
$0
$2,288
$38,507
$80,646
$114,323
Cost of goods sold
$0
$0
$0
$0
$0
Gross margin
—
100%
100%
100%
100%
Net income
-$74,645
-$64,049
-$31,416
-$9,336
-$70,915
Taxes paid
$0
$0
$1,409
$1,054
$0
Balance sheet
Cash
$40,316
$207,611
$86,637
$154,430
$113,087
Accounts receivable
$0
$0
$0
$0
$0
Total assets
$56,686
$278,027
$86,963
$154,430
$399,524
Short-term debt
$26,153
$59,416
$60,209
$34,189
$33,370
Long-term debt
$0
$0
$0
$0
$0
Total liabilities
$26,153
$59,416
$60,209
$34,189
$33,370
Other
Headcount
—
0
0
0
0

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

Valuation caps on SAFE / convertible note rounds
$9.8M
Valuation cap
Reg CF · SAFE · Jan 2021

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Cap table

Share counts as of Dec 31, 2019
ClassOutstandingVotes / shareShare of totalLast price
Common stock7,267,500—100.0%—

Shares outstanding over timein today's share terms

7.3M3.6M0
Dec 2018Dec 2019
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

Reg CF · SAFE · Jan 2021Closedvia Republic
Raised $177.3K / $1.1MInvestors 350Valuation cap $9.8M
Raised $250K
Raised $100K

Team

3 people
Chris Ellis
CEO, Director
Bryant Laitipaya
Head of Operations
Sangyeop Sam Kwak
CSO, Director

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 3 of 6 annual reports (FY2020–FY2025)

350 investors
holder-count proxy

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

SEC filings

  • Form C-TRMay 1, 20230001835960-23-000002
    EDGAR
  • Form C-ARMay 1, 20230001835960-23-000001
    EDGAR
  • Form C-ARMay 2, 20220001835960-22-000002
    EDGAR
  • Form C-ARMay 12, 20210001835960-21-000003
    EDGAR
  • Form C-UApr 29, 20210001835960-21-000002
    EDGAR
  • Form CJan 28, 20210001835960-21-000001
    EDGAR
Source: ManualCIK 0001835960CA

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.