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Private company

Drax, Industries Inc.

Drax, Industries Inc. is an American oil and gas field machinery and equipment company based in Vista.2

Last updated Oct 21, 2026.

Overview

  • IndustryOil & Gas Field Machinery & Equipment2
  • HeadquartersVista, United States2
  • Incorporated inWY3
  • Business address3125 Scott Street, Vista, Ca 920813
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formCorporation2
  • LEI549300FPQNVHKL9DEE412
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O Business Filings Incorporated, 82001-3527 Cheyenne, United States2
  • Registered withBusiness Center (Wyoming Secretary of State), 2020-0009075262

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

-7.0%Gross margin4
-648.4%Operating margin4
-648.4%Net margin4
-34.7%Return on equity4

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Cost of revenue98¢$33.2K
  • Interest2¢$642

Out of $31.0K in revenue.4 The company lost money this year.

Financial statements

Fiscal year20202021
Revenue$31.0K4
Cost of revenue$33.2K4
Gross profit-$2.2K4
Operating expenses$198.2K4
Operating income-$201.0K4
Interest$6424
Net income-$201.0K4

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What it owns

What Drax, Industries Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$111.3K4 Dec 31, 2021$04 Dec 31, 2020
Accumulated depreciation$7.7K4 Dec 31, 2021$04 Dec 31, 2020
Property and equipment, net$103.6K4 Dec 31, 2021$04 Dec 31, 2020

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$17.3K4 Dec 31, 2021$3.3K4 Dec 31, 2020+425.6%

Inventory

ItemLatestA year beforeChange
Inventory, total$311.9K4 Dec 31, 2021
Raw materials$311.9K4 Dec 31, 2021

Leadership

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive Officer, DirectorVirgil Enriquez named Oct 6, 20215

Timeline

  1. Sep 6, 20238-K Executive or director change6

Filings

6 filings to the SEC since October 2021: 1 annual reports, 1 quarterly reports, 1 major events, 1 private raises, 2 other. The latest 6:

  1. Sep 6, 20238-K EDGAR
  2. Oct 26, 202210-K EDGAR
  3. Mar 31, 2022NT 10-K NOTIFICATION OF LATE FILING EDGAR
  4. Nov 22, 202110-Q QUARTERLY REPORT EDGAR
  5. Nov 16, 2021NT 10-Q EDGAR
  6. Oct 6, 2021D EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$20.0K 2021–2021
Money received by yearMoney received by year, 2021–2021: $20.0K in all. Private raises (Form D) $20.0K.$0$5K$10K$15K$20K2021 · Private raises (Form D): $20.0K2021
Figures by year
YearPrivate raises (Form D)Total
2021$20.0K$20.0K

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Jul 5, 2021Raised $20,000 in a private offering of equity5 Form D: $2 million offered in all Form D

SEC filer profile

How Drax, Industries Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARDrax, Industries Inc.1
  • CIK0001844519
  • Employer ID (EIN)85-35647451
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inWyoming1
  • Fiscal year endsDecember 311
  • Industry code (SIC)3533 Oil & Gas Field Machinery & Equipment1
  • Business address3125 Scott Street, Vista, CA 920811
  • Phone619-981-34351
  • Shares outstanding7,136,571 as of Aug 26, 20224
  • Public float$0 as of Jun 30, 20214
  • On EDGAR sinceFeb 12, 20211
  • Filings16 in all: 10-Q (3), S-1/A (3), UPLOAD (2), 10-K (1), 8-K (1), CORRESP (1), D (1), EFFECT (1)1
    All 11 form types

    NT 10-K (1), NT 10-Q (1), S-1 (1)

  • Latest filingsAnnual report (10-K) Oct 26, 2022
    Quarterly report (10-Q) Nov 22, 2021
    Latest 8-K (8-K) Sep 6, 2023

Sources

The numbers on this page point here. Each one links to the record it came from.

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