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Western Reserve Distillers #2

Operating

Western Reserve Distillers LLC

Alcohol · Lakewood, OH

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Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$220,368
Across 2 rounds since 2021

Financials

FY2018–FY2024 (no data for FY2020, FY2021, FY2022) · from SEC filings · hover any figure for its source
$543K
−$507K
2018
$2.0M
$80K
2019
2020no data
2021no data
2022no data
$2.6M
$85K
2023
$3.1M
$385K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed*
FY2019 reviewed*
FY2023 reviewed
FY2024 reviewed
Income statement
Revenue
$543,227
$2,015,263
$2,552,430
$3,131,692
Cost of goods sold
$539,793
$1,246,429
$1,665,182
$2,029,390
Gross margin
1%
38%
35%
35%
Net income
-$506,925
$79,938
$84,898
$384,940
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$215,165
$201,777
$111,773
$181,252
Accounts receivable
$0
$0
$32,056
$104,528
Total assets
$1,986,478
$2,060,196
$4,059,422
$3,996,114
Short-term debt
$188,777
$178,282
$926,444
$795,861
Long-term debt
$2,032,957
$2,063,837
$3,342,039
$3,232,019
Total liabilities
$2,221,734
$2,242,119
$4,268,483
$4,027,880
Other
Headcount
—
14
—
26

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”.

Fundraising history

Reg CF · Debt · Sep 2025Closedvia Honeycomb
Raised $118K / $500K
Reg CF · Debt · Jan 2021Closedvia Honeycomb
Raised $102.3K / $300K

Team

1 person
Kevin Thomas
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Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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 6 annual reports (FY2020–FY2025)

Missing: 2020, 2021, 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-UJan 29, 20260001841197-26-000001
    EDGAR
  • Form C/ANov 21, 20250001841197-25-000003
    EDGAR
  • Form CSep 18, 20250001841197-25-000002
    EDGAR
  • Form C-UApr 2, 20210001841197-21-000004
    EDGAR
  • Form C/AFeb 26, 20210001841197-21-000003
    EDGAR
  • Form C/AFeb 26, 20210001841197-21-000002
    EDGAR
  • Form CJan 26, 20210001841197-21-000001
    EDGAR
Source: SEC EDGARCIK 0001841197OHLast synced Aug 17, 2026

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.