Crowdonomics
WatchlistPortfolio
All companies
ThoughtFull Toys Inc. logo

ThoughtFull Toys Inc.

Operating

Thoughtfull Toys, Inc.

Retail & Consumer · Santa Cruz, CA · Founded 2013

Visit website

Inspiring Kids to Explore More

Post-money valuation ⓘ
$5.5M
As of Apr 2020 · from Reg CF Offering (2020) · pre-money + amount raised, not a traded price
Total raised
$6,474,507
Crowd $100K · Private $6.4M · 7 rounds since 2013
Latest share price
$0.47
Reg CF · Series Seed-NV Non-Voting Preferred · Feb 2020 offering price

Financials

FY2017–FY2018 · from SEC filings · hover any figure for its source
$1.7M
−$829K
2017
$1.6M
−$1.4M
2018
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2017 reviewed
FY2018 reviewed
Income statement
Revenue
$1,735,660
$1,580,699
Cost of goods sold
$1,087,247
$1,009,425
Gross margin
37%
36%
Net income
-$828,511
-$1,370,684
Taxes paid
$0
$0
Balance sheet
Cash
$276,920
$304,126
Accounts receivable
$158,243
$137,860
Total assets
$1,213,962
$1,235,292
Short-term debt
$677,639
$443,354
Long-term debt
$515,600
$1,849,752
Total liabilities
$1,193,239
$2,293,106
Other
Headcount
—
5

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
$5.4M
pre-money
Reg CF · Series Seed-NV Non-Voting Preferred · Feb 2020

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

Share price over rounds

log scale
$4.00$1.3711$0.47
Feb 2016Feb 2020
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Aug 2017 (-50%) · Nov 2019 (-73.2%)

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, and each class is drawn as its own line.

Fundraising history

Reg CF · Series Seed-NV Non-Voting Preferred · Feb 2020Closedvia StartEngine
Raised $99.5K / $1.1MInvestors 163Post-money $5.5M
Rule 506(b) · Preferred Stock · Nov 2019Closed
Raised $2.9MInvestors 5
Rule 506(b) · Preferred Stock · Aug 2017Closed
Raised $960KInvestors 11
Rule 506(b) · Equity · Jan 2016Closed
Raised $650KInvestors 15
Rule 506(b) · Equity · Jun 2015Closed
Raised $1MInvestors 15
Rule 506(b) · Equity · Feb 2014Closed
Raised $755KInvestors 18
Reg D · Equity · Aug 2013Closed
Raised $90KInvestors 2

Team

3 people
Brian GulassaFounder
Chief Design Officer

Designer for consumer products specializing in toys and sporting goods. Over 300 toys introduced. Cilents include over 50 top name toy and sporting goods companies 15 years teaching industrial design at California College of the Arts. Owner of Gulassa Designs and works as a contractor to the Company with approximately 2 hours per week.

David SilverglateFounder
CEO

Creator of the Oball and founder/CEO of the Oball company (Rhino Toys), I’ve seen success as an inventor and entrepreneur of innovative, patented, sought after toys. Over tens of millions of Oball branded products have been sold to date. With Rhino Toys successfully acquired by Kids II, investors made money. I have over two dozen utility patents in opto-electronics and toys.

Trevor HiteFounder
COO

Operations specialist with 20 years experience managing lean profitable companies in multiple fields. Pushed over 1000 to the marketplace.

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 7 annual reports (FY2019–FY2025)

Missing: 2019, 2020, 2021, 2022, 2023, 2024, 2025

163 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

View all 10 filings on EDGAR
  • Form C-UOct 7, 20220001665160-22-002703
    EDGAR
  • Form C-UMay 5, 20200001665160-20-000559
    EDGAR
  • Form CFeb 12, 20200001665160-20-000109
    EDGAR
  • Form D/AFeb 11, 20200001585681-20-000001
    EDGAR
  • Form DNov 12, 20190001585681-19-000001
    EDGAR
  • Form DAug 2, 20180001585681-18-000001
    EDGAR
  • Form DAug 2, 20180001585681-18-000002
    EDGAR
  • Form DJan 29, 20160001585681-16-000002
    EDGAR
Source: ManualCIK 0001585681CAShare price $0.47

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.