Crowdonomics
Backyard Soda Co.

Reg CF · SAFE · May 2020

ClosedReached targetReg CFSAFE
via Republic · last checked Oct 8, 2026View campaign
Raised
$143.9K / $350K max
41% of ceiling · target hit day 74
Investors
355
$405.3 avg
Valuation cap
$2.8M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$144K$72K$0
3541770
May 18, 2020 · openedOct 1, 2020 · last reading
Target ($25K) hit — Jul 31, 2020, day 74Deadline Aug 14, 2020

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via Republic, last checked Oct 8, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2018–FY2019 · hover for source
$53K
−$64K
FY2018
$40K
−$145K
FY2019
RevenueNet income
Metric
FY2018 reviewed*
FY2019 reviewed*
Income statement
Revenue
$52,984
$39,992
Cost of goods sold
$0
$43,871
Gross margin
100%
-10%
Net income
-$63,897
-$144,872
Taxes paid
$0
$5,060
Balance sheet
Cash
$5,316
$98,181
Accounts receivable
$2,521
$4,435
Total assets
$76,849
$184,639
Short-term debt
$20,044
$27,829
Long-term debt
$38,201
$205,852
Total liabilities
$58,245
$233,681
Other
Headcount
3
4

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

Amendments to this offering

2 amendments
  1. Aug 10, 2020
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  2. Aug 10, 2020
    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

Valuation cap$2.8M
Conversion discount20%

Offering details

Target$25,000
Max$350,000
Min investment$100
OpenedMay 18, 2020
DeadlineAug 14, 2020
ClosedSep 30, 2020
Days active135

Links & provenance

Source: Manual
0001787138-20-000002
Last synced Aug 19, 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.