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HARDBALL CIDER

Operating

Hardball Beverage, Inc.

Alcohol · Mt Bethel, PA · Founded 2015

Grown, pressed, hardened

Post-money valuation ⓘ
$8.2M
As of Apr 2023 · from Reg CF Offering (2023) · pre-money + amount raised, not a traded price
Total raised
$102,892
Across 1 round since 2023
Latest share price
$2.50
Reg CF · Common Stock · Feb 2023 offering price

Financials

FY2020–FY2024 (no data for FY2022) · from SEC filings · hover any figure for its source
$413K
$118K
2020
$516K
−$60K
2021
2022no data
$558K
$35K
2023
$489K
−$18K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
FY2023 unaudited
FY2024 unaudited
Income statement
Revenue
$412,992
$516,237
$558,048
$489,174
Cost of goods sold
$135,055
$225,233
$170,738
$167,256
Gross margin
67%
56%
69%
66%
Net income
$117,766
-$59,904
$35,405
-$18,311
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$6,402
$27,307
$6,125
$20,554
Accounts receivable
$0
$0
$0
$0
Total assets
$216,104
$227,899
$191,912
$288,831
Short-term debt
$35,088
$335,715
$41,645
$48,766
Long-term debt
$207,397
$201,295
$350,888
$334,717
Total liabilities
$242,485
$537,010
$392,533
$383,483
Other
Headcount
—
3
—
2

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
$8.0M
pre-money
Reg CF · Common · Feb 2023

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

Fundraising history

Raised $102.9K / $1.2MInvestors 164Post-money $8.2M

Team

3 people
Geoffrey T. DeenFounder
CEO/Founder, 5th Generation

Geoff has been making hard cider for nearly a decade on his 5-generation family farm. Before turning full-time cidermaker, Geoff spent almost 15 years in the telecom industry in various marketing and supply chain roles launching many of the most popular smartphones and managing a team responsible for over $1B of inventory. Today, as the founder and head cidermaker, Geoff is mainly responsible for day to day operations, sales, and customer relationship management. His team, including girlfriend Kari (Head of Marketing), all play significant roles in the operational activities such as fruit processing, fermentation, and packaging, as well as sales and marketing roles such as social media management, taproom brand ambassadors, and festival team members. It takes the entire team working together to make every flavor of Hardball Cider a high-quality and differentiated player in the rapidly growing hard cider segment. Grown. Pressed. Hardened. Ciders that swing for the fence!

Kari PainterFounder
Head of Marketing and Events

Kari started with Hardball Cider in 2019 helping to give Hardball a marketing facelift through a new website, social media, and photography. She plans all of Hardball Cider’s events throughout the year – both onsite and offsite, manages all marketing channels with a keen focus on social media to promote, cultivate and grow a loyal customer base. Additionally, Kari is not afraid to get her hands dirty with apple pressing, fermentation operations, and packaging. Her favorite cider is Riding the Pine[apple] with coconut and favorite reason to work for Hardball is seeing the reactions on her customer’s faces when they try our ciders for the first time.

Todd G. Deen
Head of Growing Operations, 4th Generation

For the past 5+ decades, Todd has grown fruits and vegetables as well as pressed fresh cider on the family farm for his retail and wholesale markets. With son, Geoffrey, launching the Hardball Cider brand in recent years, Todd has moved his focus to oversee and manage the orchard operations - growing the highest quality fruit for both fresh and hard cider. Todd has extensive experience in large and small orchard production managing everything from root stock selection, training systems and pruning techniques to site selection, disease management, crop yield and harvesting. Todd is the person responsible for the idea behind one of the first three ciders that Hardball Cider ever developed - Splitter. He suggested that Geoff take some Fastball (dry hard cider) and mix it with some of their fresh apple cider and so the perfect split between dry and sweet was crafted! In his spare time, Todd enjoys the performing arts and is an accomplished pianist and musical director for regional and local theater productions.

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

Reg CF annual-report compliance

Not requiredFewer than 300 holders of record

Filed 1 of 4 annual reports (FY2022–FY2025)

164 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-ARJul 14, 20250001665160-25-001289
    EDGAR
  • Form C-UMay 1, 20230001665160-23-001104
    EDGAR
  • Form C/AApr 25, 20230001665160-23-000790
    EDGAR
  • Form CFeb 10, 20230001665160-23-000221
    EDGAR
Source: ManualCIK 0001964371PAShare price $2.50

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.