Border X Brewing

Operating

Border X Brewing LLC

Alcohol

Visit website

Infusing the craft beer experience with traditionally Latino flavors and culture

Latest valuation

—

No round has disclosed a priced valuation or cap.

Total raised

Across 1 round since 2018

Financials

FY2016–FY2019 · from SEC filings · hover any figure for its source

$360K

−$92K

2016

$694K

$10K

2017

$935K

$39K

2018

$1.7M

−$83K

2019

RevenueNet income — beside revenue when positive, below the line when a loss

Metric

FY2016 reviewed*

FY2017 reviewed*

FY2018

FY2019

Income statement

Revenue

$360,326

$694,268

$934,509

$1,705,055

Cost of goods sold

$92,509

$153,832

$170,787

$441,075

Gross margin

74%

78%

82%

74%

Net income

-$92,389

$9,521

$38,579

-$82,971

Taxes paid

$7,803

$5,623

$14,533

$14,076

Balance sheet

Cash

$3,820

$25,180

$80,331

$51,243

Accounts receivable

$3,554

$8,566

$5,185

$12,778

Total assets

$141,895

$160,238

$541,770

$539,886

Short-term debt

$30,153

$35,741

$41,888

$98,729

Long-term debt

$282,857

$286,090

$452,772

$468,957

Total liabilities

$313,010

$321,831

$494,660

$567,686

Other

Headcount

—

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”.

Fundraising history

Reg CF · SAFE · Apr 2018Closedvia WeFunder

Raised $0 / $750K

Team

3 people

Marcel FavelaFounder

Co-Founder/Master Brewer

David Favela

CEO

Martin Favela

CFO / Operations Manager

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

never closed a Reg CF raise

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

SEC filings

Form C-ARJun 10, 20200001670254-20-000443
EDGAR
Form C-ARMay 1, 20190001670254-19-000310
EDGAR
Form C/AOct 12, 20180001670254-18-000481
EDGAR
Form CApr 2, 20180001670254-18-000102
EDGAR

Source: ManualCIK 0001733765

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.