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ThermaSat, Inc. logo

ThermaSat, Inc.

Operating

Industrial & Manufacturing · Founded 2021

Propulsion system uses photonic crystals and sunlight to heat water for satellite propulsion in space

Post-money valuation ⓘ
$10.1M
As of Mar 2023 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$61,460
Across 1 round since 2022
Latest share price
$20.00
Reg CF · Common Stock · Aug 2022 offering price

Financials

FY2020–FY2021 · from SEC filings · hover any figure for its source
$0
2020
$0
−$179
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
Income statement
Revenue
$0
$0
Cost of goods sold
$0
$0
Net income
$0
-$179
Taxes paid
$0
$0
Balance sheet
Cash
$0
$720
Accounts receivable
$0
$0
Total assets
$0
$821
Short-term debt
$0
$0
Long-term debt
$0
$0
Total liabilities
$0
$0
Other
Headcount
—
0

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
$10.0M
pre-money
Reg CF · Common · Aug 2022

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

Fundraising history

Raised $61.5K / $1.1MPost-money $10.1M

Team

1 person
Troy Howe
Principal Executive Officer

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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 4 annual reports (FY2022–FY2025)

Missing: 2022, 2023, 2024, 2025

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-USep 1, 20230001669191-23-000859
    EDGAR
  • Form C/AMar 16, 20230001669191-23-000249
    EDGAR
  • Form C/ADec 13, 20220001669191-22-001148
    EDGAR
  • Form C/AOct 17, 20220001669191-22-000985
    EDGAR
  • Form C/AOct 11, 20220001669191-22-000971
    EDGAR
  • Form CAug 16, 20220001669191-22-000810
    EDGAR
Source: ManualCIK 0001942099Share price $20.00

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.