StartEngine Crowdfunding Files 2024 10-K Amendment
| Field | Detail |
|---|---|
| Company | Startengine Crowdfunding, Inc. |
| Form Type | 10-K/A |
| Filed Date | Apr 1, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, financials, crowdfunding
TL;DR
StartEngine Crowdfunding's 2024 10-K amendment shows $702.86M assets vs $697.09M liabilities. Net worth is tight.
AI Summary
StartEngine Crowdfunding, Inc. filed an amendment to its 2024 10-K on April 1, 2025, reporting financial data as of December 31, 2024. The company's total assets were $702.86 million, with total liabilities of $697.09 million, resulting in a net worth of approximately $5.77 million. This filing provides updated financial information for the fiscal year ending December 31, 2024.
Why It Matters
This amendment provides updated financial figures for StartEngine Crowdfunding, Inc., crucial for investors and stakeholders to assess the company's financial health and performance as of the end of the 2024 fiscal year.
Risk Assessment
Risk Level: medium — The company has a very small net worth relative to its total assets and liabilities, indicating a potentially high financial risk.
Key Numbers
- $702.86M — Total Assets (As of December 31, 2024)
- $697.09M — Total Liabilities (As of December 31, 2024)
- $5.77M — Net Worth (Assets - Liabilities) (As of December 31, 2024)
Key Players & Entities
- STARTENGINE CROWDFUNDING, INC. (company) — Filer
- 0001661779 (company) — Central Index Key
- 20250401 (date) — Filing Date
- 20241231 (date) — Fiscal Year End
- $702,861,520 (dollar_amount) — Total Assets
- $697,085,900 (dollar_amount) — Total Liabilities
FAQ
What specific financial metrics were updated in this 10-K/A filing?
The filing provides updated figures for total assets ($702,861,520) and total liabilities ($697,085,900) as of December 31, 2024.
When was this amendment filed with the SEC?
This 10-K/A amendment was filed on April 1, 2025.
What is the company's net worth based on the reported figures?
The company's net worth, calculated as total assets minus total liabilities, is approximately $5,775,620 ($702,861,520 - $697,085,900).
What is the fiscal year end for the reported financial data?
The fiscal year end for the reported financial data is December 31, 2024.
What is the primary business of StartEngine Crowdfunding, Inc. according to the filing?
The filing lists the Standard Industrial Classification as 'FINANCE SERVICES [6199]'.
Filing Details
This Form 10-K/A (Form 10-K/A) was filed with the SEC on April 1, 2025 regarding STARTENGINE CROWDFUNDING, INC..