SPECTRUM SPINE

Operating

Spectrum Spine, Inc.

Healthcare · Technology · Inlet Beach, FL · Founded 2019

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Stunning nanotechnology improved surgical outcomes

Post-money valuation ⓘ

$52.8M

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

Total raised

$50,708

Across 1 round since 2024

Latest share price

$4.50

Reg CF · Class C Common Voting · Aug 2024 offering price

Financials

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

−$1.5M

2022

−$2.0M

2023

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

Metric

FY2022 reviewed

FY2023 reviewed

Income statement

Revenue

Cost of goods sold

Net income

-$1,451,872

-$1,960,307

Taxes paid

Balance sheet

Cash

$2,154,473

$105,047

Accounts receivable

Total assets

$4,201,184

$2,670,563

Short-term debt

$1,462,770

$857,956

Long-term debt

$5,798,235

$7,006,082

Total liabilities

$7,261,005

$7,864,038

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

$52.7M

pre-money

Reg CF · Class C Common Voting · Aug 2024

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

Fundraising history

Reg CF · Class C Common Voting · Aug 2024Closedvia StartEngine

Raised $50.7K / $1.2MInvestors 29Post-money $52.8M

Team

3 people

James Carey Robinson

Founder, CEO, Principal Accounting Officer and Director

Jim has sold two patents to Medtronic and other technology to smaller companies, achieving commercial sales of over half a billion USD. Dr. Robinson, with 20+ years in minimally invasive surgeries, has 70 patents and 7 FDA-cleared devices, and is committed to advancing medical technology. Jim is dedicated to providing neurosurgical care through non-profits, serving on the Board of HOI, Inc., and leading in the Boy Scouts of America.

Phillip Ray Powell

Executive Vice President of Sales and Marketing

Phillip is a Health Care Executive with 15 years at Johnson & Johnson Depuy Mitek, and 25 years in sales and distribution for major companies in the Orthopedic and Spine market.

Scott Richard Baltsen

Chief Operating Officer (Part-Time)

Scott Baltsen, with 25 years in medical devices, has led operations and commercialization for startups, including Arthrosurface and Surgicraft/LockDown Medical. Scott is currently working part-time and still working as Vice President of Sales, NA for LockDown Surgical.

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

Delinquent

Filed 0 of 2 annual reports (FY2024–FY2025)

Missing: 2024, 2025

29 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/AAug 30, 20240001665160-24-001245
EDGAR
Form CAug 28, 20240001665160-24-001238
EDGAR

Source: ManualCIK 0002032388DEShare price $4.50

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.