Update the maturity date in subscription agreement (Exhibit F)
Target is 1% of the maximum. Over-subscriptions accepted.
| Line item | Most recent FY | Prior FY | Δ |
|---|---|---|---|
| Revenue | 14,027,196 | 13,768,579 | ▲ 2% |
| Cost of goods sold | 9,702,709 | 9,045,526 | ▲ 7% |
| Net income | (411,841) | (486,458) | ▲ burn |
| Total assets | 4,658,695 | 4,485,683 | ▲ 4% |
| Cash & equivalents | 252,515 | 334,989 | ▼ 25% |
| Accounts receivable | 372,531 | 394,458 | ▼ 6% |
| Short-term debt | 1,635,659 | 1,418,036 | ▲ 15% |
| Long-term debt | 2,007,216 | 1,794,592 | ▲ 12% |
| Taxes paid | 0 | 0 | — |
Figures in USD as reported by the issuer. Securities offered in all 50 states.