YouSolar Inc.

04/26/2024 | Press release | Distributed by Public on 04/26/2024 11:22

Annual Report by Private Issuer - Form C-AR

FORM C UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
OMB APPROVAL


FORM C-AR

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Form C: Filer Information

Filer CIK:
0001762157
Filer CCC:
XXXXXXXX
Period:
12-31-2023


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Submission Contact Information

Name:
Phone Number:
Contact E-Mail Address:
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Form C: Issuer Information

Issuer Information

Name of Issuer:
YouSolar, Inc.


Legal Status of Issuer:

Form:
Corporation


Jurisdiction of Incorporation/Organization:
DELAWARE


Date of Incorporation/Organization:
05-11-2010


Physical Address of Issuer:

Address 1:
292 Brokaw Road


City:
Santa Clara


State/Country:
CALIFORNIA


Mailing Zip/Postal Code:
95050


Website of Issuer:
www.yousolar.com


Form C: Annual Report Disclosure Requirements

Annual Report Disclosure Requirements

Current Number of Employees:
8


Total Assets Most Recent Fiscal Year-end:
914314.00


Total Assets Prior Fiscal Year-end:
1295303.00


Cash and Cash Equivalents Most Recent Fiscal Year-end:
6980.00


Cash and Cash Equivalents Prior Fiscal Year-end:
12881.00


Accounts Receivable Most Recent Fiscal Year-end:
275.00


Accounts Receivable Prior Fiscal Year-end:
12881.00


Short-term Debt Most Recent Fiscal Year-end:
2097464.00


Short-term Debt Prior Fiscal Year-end:
2078412.00


Long-term Debt Most Recent Fiscal Year-end:
4266247.00


Long-term Debt Prior Fiscal Year-end:
3447388.00


Revenue/Sales Most Recent Fiscal Year-end:
171566.00


Revenue/Sales Prior Fiscal Year-end:
273713.00


Cost of Goods Sold Most Recent Fiscal Year-end:
256960.00


Cost of Goods Sold Prior Fiscal Year-end:
581112.00


Taxes Paid Most Recent Fiscal Year-end:
3789.00


Taxes Paid Prior Fiscal Year-end:
3804.00


Net Income Most Recent Fiscal Year-end:
-2401605.00


Net Income Prior Fiscal Year-end:
-1950302.00


Form C: Signature

Signature

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), the issuer certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form C and has duly caused this Form to be signed on its behalf by the duly authorized undersigned.
Issuer:
YouSolar, Inc.


Signature:
Arnold Leitner


Title:
CEO


Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.

Signature:
Bob Rutter


Title:
Director


Date:
04-26-2024


Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.

Signature:
Michael Allman


Title:
Director


Date:
04-26-2024


Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.

Signature:
Arnold Leitner


Title:
CEO


Date:
04-26-2024