Restaurant Revenue Per Day pp rest_rev $ 75

Bar/Drinks/Coffee Revenue Per Day pp bar_rev $ 15

Meal Service Revenue Per Day pp meal_rev $ 18
Meals Subscriber Days subscribers 1,000
Catering Revenue Per Day pp catering_meal_co $ 60
Catering Days catering_days 1,200
Repairs & Maintenance % Value repairs 2.5%
Bank Fees bank_fees 1%
Credit Card Fees creditcard_fees 2.4%
Building & Liability Insurance Rate ins 0.10%
Marketing % of Revenue marketing 1.5%
NYS Taxes ny_taxes 6.5%
Federal Taxes fed_taxes 21%
Payroll Taxes & Workers Compensation pay_tax 7.90%
Payroll Health Benefits per annum health 9300
Food costs as % of Food Revenue food_cogs 33%
Liquor costs as % of Bar Revenue liquor_cogs 18%
Beer/wine costs as % of Bar Revenue wine_cogs 27.5%
Coffee/softdrinks costs as % of Bar Revenue drinks_cogs 5%
total restaurant capacity 52
tables 13
Target 20% of Food revenue?
per meal average
50 subscribers 1 meal/day x 30 days per month

20 guests at Spencer (3 meals) x 30 days

per mo
#REF!

6.2% SSC, 1.45% Medicare; 0.25% Workers Comp

lowest cost self-only plan
Breakfast
2 Ames Breakfast 15.5
Atheneum
Atheneum
Atheneum
Average $ 15.50

2 Ames Espresso 3
2 Ames Pour Over 6
2 Ames Cappacino 4

Lunch 2 Ames Entrees 24

Webbs Entrees 18
Brick Walk Sandwichs/Salads 10
Atheneum Entrees 11
Atheneum Entrée Salads 15

Average $ 15.47

Dinner 2 Ames Appetizers 5 choices 19

Atheneum Appetizers 4 choices 14
Webbs Appetizers & Salads 11
Webbs Entrees 30
2 Ames Entrees 35
Atheneum Entrees 32
Webbs Desserts 10
Average 42

3 Meals $ 75.00 $ 525.00 weekly meal plan

$ 25.00 per meal

Wine 2 Ames $28-54

Atheneum $28-54

High Tea
 MEAL PLAN

7.00

10.00

18.00

eekly meal plan 35.00

11.67 Purple Carrot 13.25 per serving

100.00 Subscribers
24% every day
6% W/E only
70% Weekdays
 5% Breakfasts
40% Lunches
90% Dinners

8 Breakfasts
1
17
-------
26 Breakfast per week $ 185

67 Lunches
5
139
-------
212 Lunches per week $ 2,116

152 Dinners
11
313
-------
476 Dinners per week $ 8,572
-------
$ 10,873
 Qty Cost Total Cost
Round Table 0 1,000 $ - use existing & swap over time
Chairs 0 200 $ - use existing & swap over time

Table Cloths 52 8 $ 390 4 cloths per table

China 104 16 $ 1,690 2 sets per guest buy antique? Mix & matc
Silverware 104 4 $ 416 2 sets per guest
Glassware 104 4 $ 416 2 sets per guest buy antique? Mix & matc
Pots & Pans / Equipment $ 9,308
Uniforms 23 20 $ 454
Apartment Set up
Rental Deposit $ 2,000
Signage $ 2,500
Menu Printing $ 3,148
Website $ 1,000
Software $ 905
Garden $ 10,000
Leasehold Improvements $ 5,000
-----------
$ 38,000

Catering Van $ 1,150 Lease per Month

Staff Transport Van $ 1,150 Lease per Month

Meal Plan
Website Setup $ 3,000
y antique? Mix & match with common charger?

y antique? Mix & match with common wine?

 Rest Hrly Salary S/H
Chef/Manager 1 $ 17.50 $ 36,400 Salaried
Front of House 2 $ 15.00 $ 31,200 Salaried
Kitchen Staff 8 6-7 total per 50 guests $ 15.00 $ 31,200 Hourly
3 Hot
2 Salad
3 Prep/Smoothies/Desserts
Dishes/Scullery 2 2 shifts $ 15.00 $ 31,200 Hourly
Barista/Barman 4 2 shifts $ 13.20 $ 27,456 Hourly
Servers 3 1 per 5 tables*2 shifts $ 13.20 $ 27,456 Hourly
Bussers 3 1 per 10 tables*2 shifts $ 13.20 $ 27,456 Hourly
Bookkeeper 0.5 $ 25.00 $ 52,000 Salaried
-------
Total Staff 23 Annual:
Overseas Staff 10 Monthly:

NYS Minimum Wage = $15; $13.20 for restaurant workers with tips

Overseas Staff Economics (3 months)

Wages $ 7,128
Minus Flights $ (1,200)
Minus Immiration Fees $ (1,000)
Minus Housing $ (1,500)
Minus Meals $ (840)
Minus Taxes $ (563)
Plus Tips $ 1,994
-------- Per Mont Rand Per Month
$ 4,019 $ 1,340 22,776
 Annual
Restaurant
$ 36,400
$ 62,400
$ 227,136 7 benchmark

$ 62,400
$ 109,824
$ 71,386
$ 71,386
$ 26,000
-------
$ 666,931
$ 55,578
IN PROGRESS Year 0
Balance Sheet 30-Apr-22 May June

Assets
Bank $ 12,000### $ 972 $ (525)
Total Bank $ 12,000 $ 972 $ (525)

Current Assets
Other Current Assets $ - $ - $ -
Accounts Receivable $ - $ - $ -
Inventory $ - $ - $ -

Total Current Assets $ - $ - $ -

Fixed Assets
PPE $ 38,000 $ 38,000 $ 38,000

Total Fixed Assets $ 38,000 $ 38,000 $ 38,000

Total Assets $ 50,000 $ 38,972 $ 37,475

Liabilities
Current Liabilities
Trade Payables $ - $ - $ -
Other Account Payable $ - $ - $ -
Short Term Finance $ - $ - $ -

Total Current Liabilities $ - $ - $ -

Long-Term Debt $ 50,000 $ 50,000 $ 50,000

Total Liabilities $ 50,000 $ 50,000 $ 50,000

Net Assets/Equity $ - $ (11,028) $ (12,525)

Equity
Retained Earnings $ - $ - $ -
Current Year Earnings $ - $ (11,029) $ (12,526)
Share Capital $ - $ 1 $ 1
Shareholder Loans $ - $ - $ -
SAFE/Convertibles $ - $ - $ -
Revaluation Reserve $ - $ - $ -
Dividends $ - $ - $ -
Total Equity $ - $ (11,028) $ (12,525)

Total Working Capital $ - $ - $ -

Change $ - $ - $ -
 Balance Check - - -
- -

Cash Flow Opening May June

Net Profit $ - $ (11,029) $ (1,497)
Change in working capital $ - $ - $ -
Receipts from Customers
Payments for Product Purchases
Payments for Other Accounts Payable
Payments for Payroll
Short Term Debt (Change) $ - $ - $ -
Short-term debt drawdown
Short-term debt (repayment)
Short-term debt interest paid
Free cashflow from operations (CFO) $ - $ (11,029) $ (1,497)
Purchase of PPE $ (38,000) $ - $ -
Net cash after investing activities $ (38,000) $ (11,029) $ (1,497)
Long Term Bank Financing (Change) $ 50,000 $ - $ -
Long Term Interest paid $ - $ -
Long Term Bank Financing drawdown $ - $ -
Long Term Financing (repaid) $ - $ -
Cash available after financing activities $ 12,000 $ (11,029) $ (1,497)
Dividend paid $ - $ - $ -
Shareholders Loans (Change) $ - $ - $ -
Shareholder loans received $ - $ -
Shareholder loans repaid $ - $ -
Convertible Equity (Change) $ - $ - $ -
Convertible Equity received
Convertible repaid
Change in Valuation Reserves $ - $ - $ -
Equity issued $ - $ 1 $ -
Cash after equity activities $ 12,000 $ (11,028) $ (1,497)

Cash at beginning of period $ - $ 12,000 $ 972

Cash at end of period $ 12,000 $ 972 $ (525)

Balance Check $ - $ - $ -

Technically Solvent? Yes No No

 Year 1
July August Sept Sept #REF! #REF!

$ 64,319 $ 127,561 $ 66,789 $ 66,789 #REF! #REF!

$ 64,319 $ 127,561 $ 66,789 $ 66,789 #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ -

$ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000

$ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000

$ 102,319 $ 165,561 $ 104,789 $ 104,789 #REF! #REF!

$ - $ - $ - $ - #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - #REF! #REF!

$ 50,000 $ 50,000 $ (10,000) $ (10,000) $ - $ -

$ 50,000 $ 50,000 $ (10,000) $ (10,000) #REF! #REF!

$ 52,319 $ 115,561 $ 114,789 $ 114,789 #REF! #REF!

$ - $ - $ - $ - $ 114,788 $ 114,788
$ 52,318 $ 115,560 $ 114,788 $ 114,788 #REF! #REF!
$ 1 $ 1 $ 1 $ 1 $ 100 $ 100
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ 52,319 $ 115,561 $ 114,789 $ 114,789 #REF! #REF!

$ - $ - $ - $ - #REF! #REF!
$ - $ - $ - $ - #REF! #REF!
 - - - - #REF! #REF!
- - - - #REF! #REF!

July August Sept Sept #REF! #REF!

$ 64,844 $ 63,242 $ (772) $ 114,788 $ - $ -
$ - $ - $ - $ - #REF! #REF!
$ -
$ -
$ -
$ -
$ - $ - $ - $ - $ - $ -
$ -
$ -
$ -
$ 64,844 $ 63,242 $ (772) $ 114,788 #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ 64,844 $ 63,242 $ (772) $ 114,788 #REF! #REF!
$ - $ - $ 1,500 $ 1,500 $ 10,000 $ -
$ - $ - $ (1,500) $ (1,500) $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ (60,000) $ (60,000) $ - $ -
$ 64,844 $ 63,242 $ (60,772) $ 54,788 #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ -
$ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ -
$ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ 1 $ 99 $ -
$ 64,844 $ 63,242 $ (60,772) $ 54,789 #REF! #REF!

$ (525) $ 64,319 $ 127,561 $ 12,000 $ 66,789 #REF!

$ 64,319 $ 127,561 $ 66,789 $ 66,789 #REF! #REF!

$ - $ - $ - $ - #REF! #REF!

Yes Yes Yes Yes #REF! #REF!

 #REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ -

$ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000

$ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ - $ -

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

$ 114,788 $ 114,788 $ 114,788 $ 114,788 $ 114,788 $ 114,788 $ 114,788

#REF! #REF! #REF! #REF! #REF! #REF! #REF!
$ 100 $ 100 $ 100 $ 100 $ 100 $ 100 $ 100
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
#NAME? #NAME? #NAME? #NAME? #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!
 #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF! #REF!
$ 4,740,688 $ 3,281,593 $ 2,738,042 $ 3,344,708 $ 3,514,213 $ 3,618,936 $ 4,578,372
$ (148,906) $ (169,867) $ (169,696) $ (102,489) $ (28,284) $ (34,797) $ (50,823)
$ (59,802) $ (33,473) $ (37,911) $ (29,611) $ (21,536) $ (22,017) $ (23,425)
$ (161,209) $ (183,658) $ (131,620) $ (144,129) $ (143,386) $ (127,790) $ (136,997)
$ - $ 4,771 $ 2,517 $ 2,235 $ (397,233) $ (137,444) $ (201,063)
$ - $ (2,510) $ (434) $ 124 $ 396,852 $ 139,190 $ 203,293
$ 6,703 $ 4,310 $ 4,585 $ 4,057 $ 381 $ (1,746) $ 11,315
$ (6,703) $ (6,571) $ (6,668) $ (6,416) $ - $ - $ (13,545)
#REF! #REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ -
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? $ - $ - #NAME? #NAME?
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ (1,250,000) $ -
$ - $ - $ - $ - $ - $ 1,250,000 $ -
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#NAME? #NAME? #NAME? #NAME? #REF! #REF! #REF!

 Year2
#REF! #REF! #REF! ### 31-Dec-23 #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ -
#DIV/0! #DIV/0! #DIV/0! #DIV/0!

$ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000

$ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

$ 114,788 $ 114,788 $ 114,788 $ 114,788 #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!
$ 100 $ 100 $ 100 $ 100 $ 100 $ 100
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!
 #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! 31-Dec-23

$ - $ - $ - ### $ - ### $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ 6,095,764 $ 7,106,566 $ 7,610,885 $ 46,629,766 $ - $ -
$ (55,859) $ (64,294) $ (68,754) $ (893,771) $ (75,569) $ (84,172)
$ (26,444) $ (29,687) $ (30,969) $ (314,877) $ (31,827) $ (36,764)
$ (147,872) $ (161,401) $ (187,349) $ (1,525,410) $ (193,423) $ (212,214)
$ 175,592 $ (112,749) $ (65,594) $ (728,967) $ (70,917) $ (73,087)
$ 223,436 $ 257,178 $ 275,017 $ 1,492,144 $ 302,276 $ 336,688
$ (399,028) $ (144,429) $ (187,525) $ (701,377) $ (231,359) $ (263,601)
$ - $ - $ (21,898) $ (61,800) $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ 10,000 $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ -
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ (1,250,000) $ - $ -
$ - $ - $ - $ 1,250,000 $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ 99 $ - $ -
#NAME? #NAME? #NAME? #REF! #NAME? #NAME?

#REF! #REF! #REF! $ 66,789 #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

 #REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ -
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

$ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000

$ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ - $ -

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!
$ 100 $ 100 $ 100 $ 100 $ 100 $ 100 $ 100
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!
 #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ - $ -
$ (94,747) $ (108,008) $ (121,270) $ (134,532) $ (147,798) $ (161,064) $ (174,330)
$ (39,332) $ (42,838) $ (46,088) $ (49,145) $ (52,322) $ (55,971) $ (59,312)
$ (243,027) $ (265,599) $ (282,233) $ (302,050) $ (335,451) $ (346,136) $ (351,251)
$ (96,418) $ (121,644) $ (140,517) $ (149,801) $ (149,334) $ (148,015) $ (147,266)
$ 378,986 $ 432,033 $ 485,080 $ 538,127 $ 591,191 $ 644,254 $ 697,318
$ (257,242) $ (310,389) $ (344,563) $ (355,419) $ (441,856) $ (496,239) $ (550,052)
$ (25,326) $ - $ - $ (32,907) $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?

#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ - $ -
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF!

 Year 3
#REF! #REF! #REF! 31-Dec-24 #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ -
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

$ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000

$ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!
$ 100 $ 100 $ 100 $ 100 $ 100 $ 100
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
$ - $ - $ - $ - $ - $ (125,000)
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!
 #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

31-Dec-24
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ (187,595) $ (200,861) $ (214,127) $ (1,704,073) $ (173,203) $ (266,493)
$ (62,028) $ (65,038) $ (67,554) $ (608,217) $ (370,442) $ (51,064)
$ (366,102) $ (371,008) $ (678,248) $ (3,946,740) $ (251,465) $ (517,482)
$ (145,628) $ (144,379) $ (143,648) $ (1,530,657) $ 465,415 $ 484,719
$ 750,382 $ 803,446 $ 856,509 $ 6,816,290 $ 302,276 $ 336,688
$ (604,753) $ (659,067) $ (712,861) $ (5,227,400) $ (767,692) $ (821,407)
$ - $ - $ - $ (58,233) $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ -
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
$ - $ - $ - $ -
$ - $ - $ - $ - ### $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ (125,000)
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

 #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ -
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

$ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000

$ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!
$ 100 $ 100 $ 100 $ 100 $ 100 $ 100
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
$ (125,000) $ (125,000) $ (125,000) $ (125,000) $ (125,000) $ (125,000)
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!
 #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ (566,621) $ (750,710) $ (793,143) $ (835,577) $ (878,011) $ (920,445)
$ (98,907) $ (102,632) $ (106,204) $ (109,952) $ (114,340) $ (117,912)
$ (525,783) $ (531,755) $ (541,206) $ (559,830) $ (565,801) $ (569,350)
$ (68,598) $ (31,993) $ 153,206 $ 328,633 $ 179,935 $ 172,832
$ 378,986 $ 432,033 $ 485,080 $ 538,127 $ 591,191 $ 644,254
$ (256,037) $ (400,040) $ (638,286) $ (797,904) $ (771,126) $ (817,086)
$ (54,352) $ - $ - $ (68,857) $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF!
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #NAME? #NAME? #REF! #NAME? #NAME?

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

 Year 4
#REF! #REF! #REF! #REF! 31-Dec-25

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ -
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

$ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 #REF!

$ 38,000 $ 38,000 $ 38,000 $ 38,000 $ 38,000 #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!
$ 100 $ 100 $ 100 $ 100 $ 100 $ 100
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
$ (225,000) $ (225,000) $ (225,000) $ (225,000) $ (225,000) $ (225,000)
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!
 #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

31-Dec-25
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ (962,878) $ (1,005,312) $ (1,047,719) $ (1,090,111) $ (9,290,223) $ (1,604,729)
$ (121,292) $ (125,240) $ (129,141) $ (132,793) $ (1,579,918) $ (139,586)
$ (581,355) $ (591,732) $ (599,314) $ (1,532,737) $ (7,367,810) $ (697,306)
$ 162,757 $ 152,892 $ 143,276 $ 989,270 $ 3,132,344 $ 654,588
$ 697,318 $ 750,382 $ 803,446 $ - $ 5,959,781 $ 378,986
$ (782,144) $ (903,274) $ (946,721) $ (902,437) $ (8,804,153) $ (1,033,574)
$ (77,931) $ - $ - $ (86,832) $ (287,971) $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - #REF!
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! $ - #REF!
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
$ -
$ - $ - $ - $ - $ - ### $ -
$ - $ - $ - $ - $ - $ -
$ (100,000) $ - $ - $ - $ (225,000) $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #NAME? #NAME? #NAME? #NAME? #NAME?

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

 #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ -
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!
$ 100 $ 100 $ 100 $ 100 $ 100 $ 100
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
$ (225,000) $ (225,000) $ (225,000) $ (225,000) $ (225,000) $ (225,000)
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!
 #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ (1,620,079) $ (1,674,682) $ (1,736,873) $ (1,799,064) $ (1,861,255) $ (1,923,446)
$ (160,470) $ (164,460) $ (169,446) $ (174,043) $ (178,889) $ (183,226)
$ (698,176) $ (715,270) $ (726,068) $ (739,675) $ (746,723) $ (761,491)
$ 454,220 $ 270,432 $ 350,368 $ 315,610 $ 312,905 $ 311,107
$ 621,817 $ 849,931 $ 750,710 $ 793,143 $ 835,577 $ 878,011
$ (1,076,036) $ (1,028,377) $ (1,101,078) $ (1,108,754) $ (1,051,587) $ (1,189,118)
$ - $ (91,987) $ - $ - $ (96,894) $ -
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF!
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#NAME? #REF! #NAME? #NAME? #REF! #NAME?

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

 Year 5
12/31/2026

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ -
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!
$ 100 $ 100 $ 100 $ 100 $ 100 $ 100
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
$ (1,475,000) $ (1,475,000) $ (1,475,000) $ (1,475,000) $ (1,475,000) $ (1,475,000)
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!
 #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

12/31/2026
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ (1,985,637) $ (2,047,828) $ (2,110,019) $ (2,172,210) $ (2,234,401) $ (22,770,224)
$ (188,223) $ (192,463) $ (197,140) $ (201,621) $ (206,190) $ (2,155,757)
$ (768,438) $ (780,102) $ (788,575) $ (799,509) $ (1,929,106) $ (10,150,438)
$ 311,849 $ 310,732 $ 311,811 $ 311,846 $ 310,705 $ 4,226,174
$ 920,445 $ 962,878 $ 1,005,312 $ 1,047,719 $ 1,090,111 $ 10,134,641
$ (1,232,294) $ (1,167,380) $ (1,317,123) $ (1,359,565) $ (1,285,868) $ (13,950,755)
$ - $ (106,230) $ - $ - $ (114,948) $ (410,060)
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! $ - #REF!
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
$ -
$ - $ - $ - $ - $ - $ - ###
$ - $ - $ - $ - $ - $ -
$ (1,250,000) $ - $ - $ - $ - $ (1,250,000)
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#NAME? #REF! #NAME? #NAME? #NAME? #NAME?

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

 #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ -
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!
$ 100 $ 100 $ 100 $ 100 $ 100 $ 100
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
$ (1,475,000) $ (1,475,000) $ (1,475,000) $ (1,475,000) $ (1,475,000) $ (1,475,000)
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!
 #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ (2,990,932) $ (3,165,018) $ (3,232,863) $ (3,304,473) $ (3,390,504) $ (3,476,534)
$ (214,772) $ (244,901) $ (250,701) $ (256,499) $ (261,862) $ (267,002)
$ (926,441) $ (943,439) $ (962,375) $ (972,664) $ (980,678) $ (1,004,449)
$ 374,619 $ 405,574 $ 412,849 $ 164,601 $ 192,966 $ 183,714
$ 1,069,819 $ 1,080,053 $ 1,116,455 $ 1,157,915 $ 1,199,376 $ 1,240,837
$ (1,444,439) $ (1,485,626) $ (1,413,672) $ (1,322,516) $ (1,392,342) $ (1,309,600)
$ - $ - $ (115,632) $ - $ - $ (114,950)
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF!
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#NAME? #NAME? #REF! #NAME? #NAME? #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

 #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ -
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!
$ 100 $ 100 $ 100 $ 100 $ 100 $ 100
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
$ (1,475,000) $ (1,475,000) $ (1,475,000) $ (1,475,000) $ (1,475,000) $ (1,475,000)
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!
 #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!

$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ (3,562,565) $ (3,648,596) $ (3,734,627) $ (3,791,369) $ (3,845,766) $ (3,886,388)
$ (273,220) $ (278,388) $ (284,356) $ (288,959) $ (292,744) $ (296,327)
$ (1,012,319) $ (1,032,521) $ (1,043,734) $ (1,055,826) $ (1,066,029) $ (2,522,870)
$ 170,906 $ 168,551 $ 163,437 $ 160,936 $ 157,223 $ 152,128
$ 1,282,297 $ 1,323,758 $ 1,365,219 $ 1,406,679 $ 1,448,140 $ 1,489,601
$ (1,453,203) $ (1,492,309) $ (1,405,001) $ (1,567,615) $ (1,605,363) $ (1,510,712)
$ - $ - $ (123,655) $ - $ - $ (131,016)
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF!
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#REF! #REF! #REF! #REF! #REF! #REF!
#REF! $ -
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME?

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
#NAME? #NAME? #REF! #NAME? #NAME? #NAME?

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

 Year 6
31-Dec-27

#REF!
#REF!

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 31 30 31 31
May June July August
Season Only 26% 50% 80% 80%

Revenue
Restaurant Food $ 31,816 $ 58,500 $ 96,720 $ 96,720
Meal Service Food $ 18,000 $ 18,000
Catering Food (Spencer) $ 72,000 $ 72,000
Restaurant Beverage (Soft Drinks/Co $ 2,100 $ 3,861 $ 6,384 $ 6,384
Restaurant Bar (Liquor) $ 2,100 $ 3,861 $ 6,384 $ 6,384
Restaurant Bar (Beer & Wine) $ 2,100 $ 3,861 $ 6,384 $ 6,384
Meeting & Events $ - $ - $ - $ -
Merchandise $ - $ - $ - $ -
----- ----- ----- -----
Total Revenue $ 38,115 $ 70,083 $ 205,871 $ 205,871

COGS
Payroll $ 14,626 $ 25,789 $ 42,462 $ 42,462
Payroll Taxes $ 1,155 $ 2,037 $ 3,355 $ 3,355
Food $ 10,499 $ 19,305 $ 31,918 $ 31,918
Beverage (Soft Drinks/Coffee) $ 105 $ 193 $ 319 $ 319
Bar (Liquor) $ 378 $ 695 $ 1,149 $ 1,149
Bar (Beer & Wine) $ 577 $ 1,062 $ 1,755 $ 1,755
Packagingg - Meal Service $ - $ - $ 1,800 $ 1,800
Restaurant Direct Op Ex $ 1,906 $ 3,504 $ 5,794 $ 5,794
----- ----- ----- -----
Total COGS $ 29,247 $ 52,585 $ 88,551 $ 88,551
Prime Costs 72% 70% 39% 39%

S&GA
Marketing $ 1,051 $ 3,088 $ 3,088 $ 547
Insurance $ 38 $ 70 $ 206 $ 206
General Expenses
Office Supplies
Office General
Licenses $ 500
Professional Services
Travel, Meals & Entertainment $ 731 $ 1,289 $ 2,123 $ 2,123
Bank/Credit Card Fees $ 823 $ 1,514 $ 4,447 $ 4,447
Utilities (Electric, Gas) $ 1,250 $ 1,250 $ 1,250 $ 1,250
Water & Sewar $ 250 $ 250 $ 250 $ 250
Restaurant Rent $ 2,105 $ 4,000 $ 6,400 $ 6,400
Staff Housing $ - $ 2,000 $ 2,000 $ 2,000
Staff Flights $ 10,000
Vehicle Rental $ 500 $ 800 $ 800 $ 800
Fuel $ 90 $ 450 $ 450 $ 450
Telecom & Computer $ 250 $ 250 $ 250 $ 250
Repairs & Maintenance $ 953 $ 1,752 $ 5,147 $ 5,147
Music & Entertainment $ 152 $ 280 $ 823 $ 823
Other 2.5% $ 953 $ 1,752 $ 5,147 $ 5,147
----- ----- ----- -----
$ 19,647 $ 18,745 $ 32,380 $ 29,839

EBITDA $ (10,779) $ (1,247) $ 84,939 $ 87,480

Operating Expenses % 52% 27% 16% 14%

Interest Expense $ 250 $ 250 $ 250 $ 250

Depreciation $ - $ - $ - $ -

Profit Before Tax $ (11,029) $ (1,497) $ 84,689 $ 87,230

Corporate Tax $ - $ - $ 19,845 $ 23,988

----- ----- ----- -----
Net Profit $ (11,029) $ (1,497) $ 64,844 $ 63,242

Taxable Income $ (11,029) $ (12,526) $ 72,163 $ 87,230

 30 31
Sept Oct Per Year
26% 26% 48% 32%

$ 30,420 $ 31,434 $ 345,610 100%

$ 36,000
$ 144,000
$ 2,008 $ 2,075 $ 22,810 20%
$ 2,008 $ 2,075 $ 22,810
$ 2,008 $ 2,075 $ 22,810
$ - $ - $ -
$ - $ - $ -
----- ----- -----
$ 36,443 $ 37,658 $ 594,041 $ 1

$ 14,450 $ 14,450 $ 154,239 26% payroll minus staff housing

$ 1,142 $ 1,142### $ 12,185 2.1%
$ 10,039 $ 10,373 $ 114,051 19.2%
$ 100 $ 104 $ 1,141 0.2%
$ 361 $ 373 $ 4,106 0.7%
$ 552 $ 571 $ 6,273 1.1%
$ - $ - $ 3,600 0.6%
$ 1,822 $ 1,883 $ 20,702 3.5%
----- ----- -----
$ 28,466 $ 28,896 $ 316,296 $ 1
73% 72% 49% 53%

$ 565 $ - $ 8,339 1.4%

$ 36 $ 38 $ 594 0.1%
$ -
$ -
$ -
$ 500
$ -
$ 723 $ 723 $ 7,712
$ 787 $ 813 $ 12,831 2.2%
$ 1,250 $ 1,250 $ 7,500 1.3%
$ 250 $ 250 $ 1,500 0.3%
$ 2,080 $ 2,080 $ 23,065 4%
$ - $ - $ 6,000
$ 10,000
$ 500 $ 500 $ 3,900
$ 90 $ 90 $ 1,618
$ 250 $ 250 $ 1,500 0.3%
$ 911 $ 941 $ 14,851 2.5%
$ 146 $ 151 $ 2,376 0.4%
$ 911 $ 941 $ 14,851 2.5%
----- ----- -----
$ 8,499 $ 8,027 $ 117,138 $ 1

$ (522) $ 735 $ 160,606 $ 1

23% 21% 20%

$ 250 $ 250 $ 1,500

$ - $ - $ -

$ (772) $ 485 $ 159,106

$ - $ - $ 43,833
----- ----- -----
$ (772) $ 485 $ 115,273 $ 1
19.4%
$ (772) $ (287)### $ 159,106
M&T Bank Jamie Gustafson
Chautauqua County Industrial Development Agency https://ccida.com/
Jane Cleaver Becker
Chautaqua Institution Emily Morris emorris@chq.org