# EDGAR Filing Document

**Accession Number:** 0001943902
**File Stem:** 0001943902-23-000001
**Filing Date:** 2023-3
**Character Count:** 6271
**Document Hash:** b11d54155d57a8f0b2052f7fd4d405c4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001943902-23-000001.hdr.sgml**: 20230321

**ACCESSION NUMBER**: 0001943902-23-000001

**CONFORMED SUBMISSION TYPE**: C-AR

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230321

**DATE AS OF CHANGE**: 20230320

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Boundless Robotics Inc.
- **CENTRAL INDEX KEY:** 0001943902
- **IRS NUMBER:** 843164723
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** C-AR
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 020-30845
- **FILM NUMBER:** 23747534

**BUSINESS ADDRESS:**
- **STREET 1:** 280 SUMMER STREET 5TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 5106982462

**MAIL ADDRESS:**
- **STREET 1:** 280 SUMMER STREET
- **STREET 2:** 5TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

### Attached PDF Documents

**Attachment 1:** `BalanceSheet-3.pdf`

# Boundless Robotics

## Balance Sheet

As of December 31, 2022

|  | JAN - DEC 2021 | JAN - DEC 2022 |
| --- | --- | --- |
| ASSETS |  |  |
| Current Assets |  |  |
| Bank Accounts |  |  |
| Main Street Checking | 312,290.39 | 850,714.55 |
| Northern Bank Checking | 0.00 | 0.00 |
| Petty Cash | 0.00 | 450.00 |
| Total Bank Accounts | $312,290.39 | $851,164.55 |
| Other Current Assets |  |  |
| Inventory Asset | 71,466.70 | 14,118.79 |
| Total Other Current Assets | $71,466.70 | $14,118.79 |
| Total Current Assets | $383,757.09 | $865,283.34 |
| Fixed Assets |  |  |
| Equipment | 5,594.03 | 5,786.36 |
| Total Fixed Assets | $5,594.03 | $5,786.36 |
| TOTAL ASSETS | $389,351.12 | $871,069.70 |
| LIABILITIES AND EQUITY |  |  |
| Liabilities |  |  |
| Current Liabilities |  |  |
| Credit Cards |  |  |
| Amex Business Card | -7,413.39 | -7,491.92 |
| C. PALME (8218) | 8,425.62 | -2,483.90 |
| Total Credit Cards | $1,012.23 | $ -9,975.82 |
| Other Current Liabilities |  |  |
| Due to Carl Palme | 0.00 | 0.00 |
| Total Other Current Liabilities | $0.00 | $0.00 |
| Total Current Liabilities | $1,012.23 | $ -9,975.82 |
| Total Liabilities | $1,012.23 | $ -9,975.82 |
| Equity |  |  |
| Incentive Stock Option Purchase | 237.97 | 237.97 |
| Investor Investment | 755,000.00 | 1,646,475.34 |
| Opening Balance Equity | -500.00 | -500.00 |
| Owner's Investment | 20,000.00 | 20,000.00 |
| Retained Earnings | -21,146.18 | -386,399.08 |
| Net Income | -365,252.90 | -398,768.71 |
| Total Equity | $388,338.89 | $881,045.52 |
| TOTAL LIABILITIES AND EQUITY | $389,351.12 | $871,069.70 |

Accrual Basis Monday, March 20, 2023 07:22 PM GMT-04:00

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**Attachment 2:** `ProfitandLoss-2.pdf`

# Boundless Robotics

## Profit and Loss

January 2021 - December 2022

|  | JAN - DEC 2021 | JAN - DEC 2022 | TOTAL |
| --- | --- | --- | --- |
| Income |  |  |  |
| Prize Money | 10,500.00 | 0.00 | $10,500.00 |
| Sales | 0.00 | 0.14 | $0.14 |
| Sales of Product Income | 1,275.88 | 20,002.47 | $21,278.35 |
| Swag Income | 219.30 | 72.85 | $292.15 |
| Uncategorized Income | 0.00 | 0.21 | $0.21 |
| Total Income | $11,995.18 | $20,075.67 | $32,070.85 |
| Cost of Goods Sold |  |  |  |
| Cost of Goods Sold | 1,608.00 | 30,554.52 | $32,162.52 |
| Total Cost of Goods Sold | $1,608.00 | $30,554.52 | $32,162.52 |
| GROSS PROFIT | $10,387.18 | $ -10,478.85 | $ -91.67 |
| Expenses |  |  |  |
| Accounting Services | 2,000.00 | 4,250.00 | $6,250.00 |
| Advertising & Marketing | 36,885.11 | 17,698.09 | $54,583.20 |
| Bank Charges & Fees | 1,250.97 | 2,352.96 | $3,603.93 |
| Contractors | 219,773.98 | 194,357.42 | $414,131.40 |
| Design and Engineering Services | 29,116.03 | 0.00 | $29,116.03 |
| Insurance | 4,468.68 | 10,155.28 | $14,623.96 |
| Interest Paid | 0.00 | 0.00 | $0.00 |
| Legal & Professional Services | 34,120.09 | 40,133.50 | $74,253.59 |
| Meals & Entertainment | 3,167.20 | 707.81 | $3,875.01 |
| Office Supplies & Software | 7,655.06 | 10,389.77 | $18,044.83 |
| Other Business Expenses | 0.00 | 5,078.76 | $5,078.76 |
| R&D | 32,077.80 | 98,758.28 | $130,836.08 |
| Rent & Lease | 0.00 | 220.50 | $220.50 |
| Shipping and Postage | 1,140.25 | 2,714.75 | $3,855.00 |
| Taxes & Licenses | 566.00 | 601.72 | $1,167.72 |
| Travel | 2,845.36 | 655.96 | $3,501.32 |
| Uncategorized Expense | 0.00 | 25.21 | $25.21 |
| Utilities | 573.55 | 189.85 | $763.40 |
| Total Expenses | $375,640.08 | $388,289.86 | $763,929.94 |
| NET OPERATING INCOME | $ -365,252.90 | $ -398,768.71 | $ -764,021.61 |
| NET INCOME | $ -365,252.90 | $ -398,768.71 | $ -764,021.61 |

Accrual Basis Monday, March 20, 2023 07:21 PM GMT-04:00

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### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM C

### UNDER THE SECURITIES ACT OF 1933

### Issuer Information

**Name of Issuer:** Boundless Robotics Inc.

**Legal Status:** Corporation

**Jurisdiction of Incorporation/Organization:** MA

**Date of Organization:** 09-18-2019

**Physical Address:** 12 Channel Street, BOSTON, MA, 02210

**Issuer Website:** https://boundlessrobotics.com/

**Is there a Co-Issuer?:** No

### Annual Report Disclosure Requirements

**Current Number of Employees:** 1.00

**Total Assets (Most Recent Fiscal Year):** $871,069.70

**Total Assets (Prior Fiscal Year):** $389,351.12

**Cash & Cash Equivalents (Most Recent Fiscal Year):** $851,164.55

**Cash & Cash Equivalents (Prior Fiscal Year):** $312,290.39

**Accounts Receivable (Most Recent Fiscal Year):** $0.00

**Accounts Receivable (Prior Fiscal Year):** $0.00

**Short-Term Debt (Most Recent Fiscal Year):** $0.00

**Short-Term Debt (Prior Fiscal Year):** $0.00

**Long-Term Debt (Most Recent Fiscal Year):** $0.00

**Long-Term Debt (Prior Fiscal Year):** $0.00

**Revenues/Sales (Most Recent Fiscal Year):** $20,075.67

**Revenues/Sales (Prior Fiscal Year):** $11,995.18

**Cost of Goods Sold (Most Recent Fiscal Year):** $30,554.52

**Cost of Goods Sold (Prior Fiscal Year):** $1,608.00

**Taxes Paid (Most Recent Fiscal Year):** $0.00

**Taxes Paid (Prior Fiscal Year):** $0.00

**Net Income (Most Recent Fiscal Year):** $-398,768.71

**Net Income (Prior Fiscal Year):** $-365,252.90

### Signatures

**Issuer:** Boundless Robotics Inc.

**Signature:** Carl E Palme

**Title:** CEO

---

**Signature:** Carl E Palme

**Title:** CEO

**Date:** 03-20-2023