Crowdonomics
WatchlistPortfolio
Parallel Flight Technologies

Reg CF · Class B Common Stock · Feb 2023

ClosedReached targetReg CFCommon Equity
via StartEngine · last checked Oct 4, 2026View campaign
Raised
$593.6K / $3.7M max
16% of ceiling
Investors
338
$2.2K avg
Post-money valuation
$83.1M
pre-money + amount raised

Financials disclosed in this offering

FY2020–FY2021 · hover for source
$256K
−$1.2M
FY2020
$233K
−$3.0M
FY2021
RevenueNet income
Metric
FY2020 audited
FY2021 audited
Income statement
Revenue
$256,105
$233,349
Cost of goods sold
$247,368
$0
Gross margin
3%
100%
Net income
-$1,230,217
-$2,965,401
Taxes paid
$800
$0
Balance sheet
Cash
$817,928
$2,262,190
Accounts receivable
$0
$0
Total assets
$873,306
$2,420,718
Short-term debt
$158,218
$205,284
Long-term debt
$11,764
$11,764
Total liabilities
$169,982
$217,048
Other
Headcount
14
14

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Amendments to this offering

3 amendments
  1. Apr 27, 2023
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  2. Apr 10, 2023
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  3. Feb 10, 2023
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗

Each line compares the amendment with the previous filing of this offering. The quoted reason is the issuer’s own statement from the Form C/A.

Deal terms

Pre-money$82.4M
Post-money$83.1M
Price / share$10.00
Shares offered1,000

Down round. Priced 56% below Reg CF Offering (2022) (Jan 2022): $10.00 vs $22.60 a share in today's terms.

Perks

25% bonus shares · until Feb 13, 202325% bonus
20% bonus shares · until Mar 8, 202320% bonus
15% bonus shares · until Mar 23, 202315% bonus
— 15% bonus shares15% bonus$2K+
— 20% bonus shares20% bonus$5K+
— 25% bonus shares25% bonus$10K+

Offering details

Target$10,000
Max$3,700,810
Min investment—
OpenedFeb 7, 2023
DeadlineMay 17, 2023
ClosedMay 17, 2023
Days active99

Links & provenance

Campaign pageSEC filing
Source: SEC EDGAR
0001665160-23-000191
Last synced Aug 18, 2026

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. 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.