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Samoak Industries, LLC

Operating

Industrial & Manufacturing · Gardena, CA

Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$0
Across 1 round since 2023

Financials

FY2021–FY2022 · from SEC filings · hover any figure for its source
$790K
$115K
2021
$570K
−$67K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 unaudited*
FY2022 unaudited*
Income statement
Revenue
$789,649
$569,899
Cost of goods sold
$217,985
$167,842
Gross margin
72%
71%
Net income
$115,450
-$67,012
Taxes paid
$0
$0
Balance sheet
Cash
$143,175
$64,829
Accounts receivable
$0
$0
Total assets
$143,175
$64,829
Short-term debt
$38,891
-$5,195
Long-term debt
$141,301
$261,210
Total liabilities
$180,192
$256,015
Other
Headcount
—
13

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 · Debt · Dec 2023Closedvia Honeycomb
Raised $0 / $100K

Team

1 person
Samuel Ihunwo
CEO

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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 CDec 11, 20230002002595-23-000003
    EDGAR
Source: SEC EDGARCIK 0002002759CALast 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.