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Topple Ad Network

Operating

Topple Ad Network Inc.

Industrial & Manufacturing · Founded 2020

Free-speech digital advertising platform

Valuation cap ⓘ
$60.0M
As of Apr 2025 · from Reg CF Offering (2024) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$2,007,600
Crowd $1.0M · Private $1.0M · 3 rounds since 2021

Financials

FY2022–FY2023 · from SEC filings · hover any figure for its source
$755K
−$801K
2022
$864K
−$385K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2022 reviewed
FY2023 reviewed
Income statement
Revenue
$755,244
$863,545
Cost of goods sold
$1,172
$53,629
Gross margin
100%
94%
Net income
-$800,778
-$385,201
Taxes paid
$0
$0
Balance sheet
Cash
$121,442
$253,006
Accounts receivable
$64,449
$8,822
Total assets
$322,063
$356,152
Short-term debt
$60,835
$106,421
Long-term debt
$649,749
$1,055,927
Total liabilities
$710,584
$1,162,348
Other
Headcount
—
2

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

Valuation caps on SAFE / convertible note rounds
$60.0M
Valuation cap
Reg CF · SAFE · Oct 2024

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Cap table

Share counts as of Dec 31, 2023
ClassOutstandingVotes / shareShare of totalLast price
Common Stock51,354,166—100.0%—

Shares outstanding over timein today's share terms

51M26M0
Dec 2022Dec 2023
Common Stock

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg CF · SAFE · Oct 2024Closedvia WeFunder
Raised $1M / $1.2MValuation cap $60M
Raised $500KInvestors 2
Raised $500KInvestors 6

Team

1 person
Brian AitkenFounder
Founder & 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

Delinquent

Filed 0 of 2 annual reports (FY2024–FY2025)

Missing: 2024, 2025

6 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 COct 30, 20240001670254-24-001043
    EDGAR
  • Form DDec 22, 20210001862801-21-000002
    EDGAR
  • Form DMay 18, 20210001862801-21-000001
    EDGAR
Source: ManualCIK 0001862801

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.