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Kutt Inc.

Operating

Kutt, Inc.

Sports & Recreation · Gilbert, SC · Founded 2019

Valuation cap ⓘ
$9.5M
As of Mar 2025 · from Reg CF Offering (2024) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$2,585,653
Crowd $106K · Private $2.5M · 4 rounds since 2022
Latest share price
$0.6013
Rule 506(b) · Preferred Stock · Jan 2024 offering price

Financials

FY2022–FY2024 · from SEC filings · hover any figure for its source
$505
−$188K
2022
$187K
−$376K
2023
$506K
−$711K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2022 reviewed
FY2023 reviewed
FY2024
Income statement
Revenue
$505
$187,329
$506,442
Cost of goods sold
$0
$255,859
$441,636
Gross margin
100%
-37%
13%
Net income
-$187,900
-$376,148
-$711,191
Taxes paid
$0
$0
$0
Balance sheet
Cash
$23,961
$81,995
$252,027
Accounts receivable
$0
$0
$0
Total assets
$86,258
$294,922
$369,704
Short-term debt
$50,000
$407,968
$323,511
Long-term debt
$224,159
$451,002
$0
Total liabilities
$274,159
$858,970
$323,511
Other
Headcount
—
2
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

Valuation caps on SAFE / convertible note rounds
$9.5M
Valuation cap
Reg CF · SAFE · Dec 2024

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

Share price over rounds

$0.6013$0.3007$0.6013
Jan 2024Jan 2024
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

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.

Fundraising history

Reg CF · SAFE · Dec 2024Closedvia Republic
Raised $105.7K / $1MInvestors 128Valuation cap $9.5M
Raised $1.1MInvestors 18

Team

2 people
Simeon Harmon
Chief Executive Officer
Jock Percy
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 1 of 2 annual reports (FY2024–FY2025)

128 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-TRApr 25, 20250002008640-25-000003
    EDGAR
  • Form C-ARApr 25, 20250002008640-25-000002
    EDGAR
  • Form C-UMar 14, 20250002008640-25-000001
    EDGAR
  • Form CDec 10, 20240002008640-24-000002
    EDGAR
  • Form DJan 19, 20240002008640-24-000001
    EDGAR
Source: SEC EDGARCIK 0002008640DEShare price $0.6013Last 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.