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Foreland Refining

Operating

Foreland Refining Corp

Energy & Cleantech · Woods Cross, UT

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Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$579,000
Across 1 round since 2025
Latest share price
$100.00
Reg CF · Series A 10% Redeemable Preferred Stock · Jun 2025 offering price

Financials

FY2023–FY2024 · from SEC filings · hover any figure for its source
$50.7M
−$516K
2023
$23.4M
−$6.9M
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2023 reviewed
FY2024 reviewed
Income statement
Revenue
$50,731,283
$23,364,188
Cost of goods sold
$48,551,025
$24,900,957
Gross margin
4%
-7%
Net income
-$515,811
-$6,908,688
Taxes paid
$0
$0
Balance sheet
Cash
$2,808
$8,377
Accounts receivable
$3,517,469
$1,123,897
Total assets
$18,389,502
$14,750,555
Short-term debt
$11,383,474
$9,388,693
Long-term debt
$2,993,823
$8,258,345
Total liabilities
$14,377,297
$17,647,038
Other
Headcount
—
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”.

Fundraising history

Reg CF · Series A 10% Redeemable Preferred Stock · Jun 2025Closedvia Highlander (formerly PicMii)
Raised $579K / $1.2M

Team

3 people
David Sealock
CEO, Director, and Board Chair
Darryl Delwo
CFO and Director
Marcus Laun
EVP and 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Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

Delinquent

Filed 0 of 1 annual reports (FY2025)

Missing: 2025

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

SEC filings

  • Form C/ASep 11, 20250002068524-25-000004
    EDGAR
  • Form C/AAug 29, 20250002068524-25-000003
    EDGAR
  • Form C/AAug 29, 20250002068524-25-000002
    EDGAR
  • Form CJun 24, 20250002068524-25-000001
    EDGAR
Source: SEC EDGARCIK 0002068524TXShare price $100.00Last 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.