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	CASH FLOW STATEMENT
	Monthly Cash Flow from Operations, Investing, and Financing - 60 Month Projection
				Year 1 (FY2026)												Year 2 (FY2027)												Year 3 (FY2028)												Year 4 (FY2029)												Year 5 (FY2030)
	Line Item	Unit		Jan-26	Feb-26	Mar-26	Apr-26	May-26	Jun-26	Jul-26	Aug-26	Sep-26	Oct-26	Nov-26	Dec-26	Jan-27	Feb-27	Mar-27	Apr-27	May-27	Jun-27	Jul-27	Aug-27	Sep-27	Oct-27	Nov-27	Dec-27	Jan-28	Feb-28	Mar-28	Apr-28	May-28	Jun-28	Jul-28	Aug-28	Sep-28	Oct-28	Nov-28	Dec-28	Jan-29	Feb-29	Mar-29	Apr-29	May-29	Jun-29	Jul-29	Aug-29	Sep-29	Oct-29	Nov-29	Dec-29	Jan-30	Feb-30	Mar-30	Apr-30	May-30	Jun-30	Jul-30	Aug-30	Sep-30	Oct-30	Nov-30	Dec-30
	CASH FROM OPERATIONS
	Net Income / (Loss)	$		($140,291)	($125,620)	($126,007)	($141,032)	($141,493)	($141,969)	($175,830)	($176,418)	($176,988)	($202,129)	($202,815)	($203,523)	($266,889)	($267,147)	($267,445)	($308,339)	($308,645)	($308,958)	($378,611)	($378,937)	($379,301)	($430,590)	($430,970)	($431,358)	($542,257)	($542,270)	($542,306)	($611,043)	($611,077)	($611,087)	($699,000)	($699,008)	($699,040)	($767,798)	($767,828)	($767,832)	($935,933)	($935,828)	($935,720)	($1,018,222)	($1,018,114)	($1,018,009)	($1,157,926)	($1,157,812)	($1,157,716)	($1,267,740)	($1,267,625)	($1,267,506)	($1,476,198)	($1,476,090)	($1,475,962)	($1,578,816)	($1,578,692)	($1,578,575)	($1,713,711)	($1,713,594)	($1,713,470)	($1,833,384)	($1,833,256)	($1,833,139)
	(+) Depreciation & Amortization	$		$7	$8	$8	$9	$9	$10	$11	$12	$12	$13	$14	$15	$21	$22	$23	$24	$25	$26	$27	$28	$29	$30	$31	$33	$42	$43	$44	$44	$45	$46	$47	$48	$49	$50	$51	$52	$65	$66	$67	$67	$68	$69	$69	$70	$71	$71	$72	$73	$80	$80	$81	$81	$82	$82	$82	$83	$83	$84	$84	$84
	(-) Change in Accounts Receivable	$		($4,313)	($305)	($316)	($345)	($374)	($397)	($420)	($460)	($483)	($518)	($552)	($587)	($3,619)	($503)	($535)	($542)	($568)	($593)	($619)	($639)	($671)	($697)	($729)	($755)	($5,617)	($498)	($513)	($527)	($542)	($542)	($557)	($557)	($571)	($586)	($601)	($601)	($7,865)	($396)	($404)	($396)	($404)	($396)	($396)	($421)	($437)	($437)	($429)	($437)	($4,296)	($242)	($242)	($259)	($233)	($259)	($242)	($259)	($233)	($259)	($242)	($259)
	(+) Change in Accounts Payable	$		$148,908	($14,061)	$1,019	$15,714	$1,208	$1,269	$34,699	$1,508	$1,534	$26,176	$1,789	$1,881	$70,599	$1,264	$1,367	$41,977	$1,440	$1,499	$70,891	$1,602	$1,705	$52,680	$1,837	$1,896	$122,124	$1,008	$1,061	$69,791	$1,117	$1,092	$89,026	$1,121	$1,174	$69,929	$1,230	$1,205	$183,817	$686	$700	$83,293	$700	$686	$140,708	$728	$777	$110,898	$741	$755	$217,278	$374	$354	$103,371	$342	$400	$135,619	$400	$342	$120,432	$354	$400
	(+) Change in Accrued Liabilities	$		$54,948	-	-	$7,292	-	-	$16,667	-	-	$12,240	-	-	$30,729	-	-	$20,313	-	-	$34,667	-	-	$25,458	-	-	$54,286	-	-	$34,363	-	-	$43,940	-	-	$34,363	-	-	$81,559	-	-	$41,304	-	-	$70,011	-	-	$55,071	-	-	$102,679	-	-	$51,486	-	-	$67,632	-	-	$60,016	-	-
	Cash from Operations (CFO)	$		$59,260	($139,979)	($125,296)	($118,362)	($140,650)	($141,087)	($124,873)	($175,359)	($175,924)	($164,218)	($201,564)	($202,214)	($169,160)	($266,365)	($266,590)	($246,567)	($307,747)	($308,027)	($273,646)	($377,946)	($378,238)	($353,118)	($429,831)	($430,184)	($371,422)	($541,717)	($541,714)	($507,372)	($610,457)	($610,490)	($566,544)	($698,396)	($698,388)	($664,042)	($767,147)	($767,176)	($678,356)	($935,472)	($935,358)	($893,954)	($1,017,751)	($1,017,650)	($947,533)	($1,157,436)	($1,157,305)	($1,102,137)	($1,267,240)	($1,267,115)	($1,160,458)	($1,475,877)	($1,475,768)	($1,424,136)	($1,578,502)	($1,578,352)	($1,510,619)	($1,713,370)	($1,713,278)	($1,653,112)	($1,833,059)	($1,832,913)
	CASH FROM INVESTING
	(-) Capital Expenditures	$		($259)	($277)	($296)	($317)	($339)	($363)	($388)	($416)	($445)	($476)	($509)	($544)	($761)	($791)	($824)	($856)	($890)	($926)	($963)	($1,001)	($1,041)	($1,083)	($1,127)	($1,172)	($1,509)	($1,539)	($1,570)	($1,602)	($1,634)	($1,667)	($1,700)	($1,733)	($1,768)	($1,803)	($1,839)	($1,875)	($2,347)	($2,371)	($2,395)	($2,419)	($2,443)	($2,467)	($2,490)	($2,516)	($2,542)	($2,568)	($2,594)	($2,620)	($2,878)	($2,892)	($2,907)	($2,922)	($2,936)	($2,952)	($2,966)	($2,982)	($2,996)	($3,011)	($3,026)	($3,041)
	Cash from Investing (CFI)	$		($259)	($277)	($296)	($317)	($339)	($363)	($388)	($416)	($445)	($476)	($509)	($544)	($761)	($791)	($824)	($856)	($890)	($926)	($963)	($1,001)	($1,041)	($1,083)	($1,127)	($1,172)	($1,509)	($1,539)	($1,570)	($1,602)	($1,634)	($1,667)	($1,700)	($1,733)	($1,768)	($1,803)	($1,839)	($1,875)	($2,347)	($2,371)	($2,395)	($2,419)	($2,443)	($2,467)	($2,490)	($2,516)	($2,542)	($2,568)	($2,594)	($2,620)	($2,878)	($2,892)	($2,907)	($2,922)	($2,936)	($2,952)	($2,966)	($2,982)	($2,996)	($3,011)	($3,026)	($3,041)
	CASH FROM FINANCING
	(+) Equity Raised (Fundraising)	$		$1,500,000	-	-	-	-	-	-	-	-	-	-	$5,000,000	-	-	-	-	-	-	-	-	-	-	-	$15,000,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$35,000,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
	Cash from Financing (CFF)	$		$1,500,000	-	-	-	-	-	-	-	-	-	-	$5,000,000	-	-	-	-	-	-	-	-	-	-	-	$15,000,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$35,000,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
	NET CASH POSITION
	Net Cash Flow	$		$1,559,002	($140,256)	($125,592)	($118,679)	($140,989)	($141,450)	($125,261)	($175,774)	($176,368)	($164,694)	($202,073)	$4,797,242	($169,921)	($267,156)	($267,414)	($247,423)	($308,637)	($308,952)	($274,609)	($378,947)	($379,280)	($354,201)	($430,958)	$14,568,644	($372,932)	($543,256)	($543,284)	($508,973)	($612,091)	($612,156)	($568,244)	($700,129)	($700,156)	($665,844)	($768,986)	($769,051)	($680,703)	($937,843)	($937,753)	($896,373)	($1,020,193)	$33,979,883	($950,024)	($1,159,951)	($1,159,847)	($1,104,705)	($1,269,834)	($1,269,735)	($1,163,336)	($1,478,769)	($1,478,675)	($1,427,058)	($1,581,438)	($1,581,304)	($1,513,585)	($1,716,352)	($1,716,274)	($1,656,123)	($1,836,085)	($1,835,955)
	Beginning Cash Balance	$		$250,000	$1,809,002	$1,668,746	$1,543,154	$1,424,475	$1,283,486	$1,142,036	$1,016,775	$841,000	$664,632	$499,938	$297,865	$5,095,107	$4,925,187	$4,658,031	$4,390,617	$4,143,194	$3,834,556	$3,525,604	$3,250,995	$2,872,048	$2,492,768	$2,138,567	$1,707,609	$16,276,253	$15,903,321	$15,360,065	$14,816,781	$14,307,808	$13,695,718	$13,083,561	$12,515,317	$11,815,188	$11,115,032	$10,449,188	$9,680,202	$8,911,151	$8,230,448	$7,292,605	$6,354,853	$5,458,480	$4,438,287	$38,418,170	$37,468,146	$36,308,195	$35,148,348	$34,043,643	$32,773,809	$31,504,074	$30,340,738	$28,861,969	$27,383,294	$25,956,236	$24,374,798	$22,793,494	$21,279,909	$19,563,557	$17,847,284	$16,191,161	$14,355,076
	ENDING CASH BALANCE	$		$1,809,002	$1,668,746	$1,543,154	$1,424,475	$1,283,486	$1,142,036	$1,016,775	$841,000	$664,632	$499,938	$297,865	$5,095,107	$4,925,187	$4,658,031	$4,390,617	$4,143,194	$3,834,556	$3,525,604	$3,250,995	$2,872,048	$2,492,768	$2,138,567	$1,707,609	$16,276,253	$15,903,321	$15,360,065	$14,816,781	$14,307,808	$13,695,718	$13,083,561	$12,515,317	$11,815,188	$11,115,032	$10,449,188	$9,680,202	$8,911,151	$8,230,448	$7,292,605	$6,354,853	$5,458,480	$4,438,287	$38,418,170	$37,468,146	$36,308,195	$35,148,348	$34,043,643	$32,773,809	$31,504,074	$30,340,738	$28,861,969	$27,383,294	$25,956,236	$24,374,798	$22,793,494	$21,279,909	$19,563,557	$17,847,284	$16,191,161	$14,355,076	$12,519,121
	Cash Below Minimum Target?	Flag		OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK	OK
	NOTES
	- Working capital changes use DSO/DPO from Assumptions to calculate A/R, A/P, and accrued liabilities.
	- Fundraising inflows match the round timing from Assumptions (Pre-Seed/Seed/A/B).