Aggregate Commitments $
StartEngine
09/23/2022
12/22/2022
$10,000
$1,235,000
$500
Equity – Common
RegCF
$1.00
$25,000,000
Rolling Commitments $
Active
09/25/2022
88
119%
1%
$5,951
Chandler, Arizona
Healthcare & Pharmaceuticals
Medtech
LitonRx, with a valuation of $25 million, is raising funds on StartEngine. The company offers affordable and subscription-based digital pharmacy and concierge virtual care services. LitonRx is developing its product, LitonMD, to offer free same-day delivery of covered formulary prescription medications. The platform will also provide concierge physicians and medications on a low monthly subscription model. Kishlay Anand founded LitonRx in July 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,235,000. The campaign proceeds will be used for expansion to additional states and growth of revenue.
Summary Profit and Loss Statement
|
Revenue |
$518,090 |
$0 |
|
COGS |
$471,419 |
$0 |
|
Tax |
$0 |
$0 |
|
|
||
|
|
||
|
Net Income |
$-530,361 |
$-69,584 |
Summary Balance Sheet
|
Cash |
$506,175 |
$16,451 |
|
Accounts Receivable |
$71,879 |
$0 |
|
Total Assets |
$801,961 |
$27,851 |
|
Short-Term Debt |
$35,675 |
$3,422 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$35,675 |
$3,422 |
Financials as of: 09/23/2022