SONO 1420

Operating

SoNo 1420 Artisan Distillers, Inc.

Alcohol · Founded 2022

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America's maritime distillery

Post-money valuation ⓘ

$25.1M

As of Oct 2024 · from Reg CF Offering (2024) · pre-money + amount raised, not a traded price

Total raised

$2,614,622

Crowd $0 · Private $2.6M · 3 rounds since 2022

Latest share price

$1.6975

Rule 506(c) · Preferred Stock · Jun 2024 offering price

Financials

FY2022–FY2023 · from SEC filings · hover any figure for its source

$1.1M

−$908K

2022

$1.3M

−$1.5M

2023

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

Metric

FY2022 reviewed

FY2023 reviewed

Income statement

Revenue

$1,100,859

$1,325,208

Cost of goods sold

$492,225

$687,036

Gross margin

55%

48%

Net income

-$908,488

-$1,500,060

Taxes paid

Balance sheet

Cash

$1,696,216

$105,503

Accounts receivable

$165,117

$274,379

Total assets

$3,132,365

$1,804,295

Short-term debt

$98,939

$111,371

Long-term debt

$44,500

Total liabilities

$143,439

$155,871

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”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in

$24.9M

pre-money

Reg CF · Common · Jul 2024

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

Share price over rounds

$1.6975$0.8488$1.5264

Oct 2022Jun 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 · Common Stock · Jul 2024Closedvia StartEngine

Raised $0 / $1.2MInvestors 176Post-money $25.1M

Rule 506(c) · Preferred Stock · Jun 2024Closed

Raised $614.6K

Rule 506(c) · Preferred Stock · Oct 2022Closed

Raised $2M

Team

4 people

Franklin Scott Tuck

Co-CEO, Director

Ted E. Dumbauld

Co-CEO, Director, and CFO

Einar Austin Seadler

Director

Jonathan Thomas Pageler

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 2 annual reports (FY2024–FY2025)

Missing: 2024, 2025

176 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-UNov 19, 20240001665160-24-001650
EDGAR
Form C/AOct 2, 20240001665160-24-001371
EDGAR
Form CJul 30, 20240001665160-24-001114
EDGAR

Source: ManualCIK 0002024581Share price $2.81

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.