Deep Current, Inc.
Financial Projections
Jan-01 Feb-01 Mar-01 Apr-01 May-01 Jun-01 Jul-01 Aug-01 Sep-01 Oct-01 Nov-01 Dec-01 FY-01 Jan-02 Feb-02 Mar-02 Apr-02 May-02 Jun-02 Jul-02 Aug-02 Sep-02 Oct-02 Nov-02 Dec-02 FY-02 Jan-03 Feb-03 Mar-03 Apr-03 May-03 Jun-03 Jul-03 Aug-03 Sep-03 Oct-03 Nov-03 Dec-03 FY-03 Jan-04 Feb-04 Mar-04 Apr-04 May-04 Jun-04 Jul-04 Aug-04 Sep-04 Oct-04 Nov-04 Dec-04 FY-04
Balance Sheet
Cash & Equivalents 0 44,007 39,979 33,979 27,979 21,856 ######## ######## ######## 901,538 714,261 576,967 576,967 451,001 362,113 336,953 349,520 419,764 511,590 649,020 846,093 ######## ######## ######## ######## 1,414,696 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 3,812,040 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 9,111,786
Accounts Receivable 0 0 0 0 0 0 0 0 0 63,444 126,889 190,333 190,333 239,550 303,104 366,658 430,212 493,766 557,320 620,874 684,428 747,982 811,536 875,090 938,644 938,644 712,605 832,630 952,655 ######## ######## ######## ######## ######## ######## ######## ######## ######## 2,032,880 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 2,571,095
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 0 44,007 39,979 33,979 27,979 21,856 ######## ######## ######## 964,982 841,150 767,300 767,300 690,551 665,217 703,611 779,732 913,530 ######## ######## ######## ######## ######## ######## ######## 2,353,340 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 5,844,919 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 11,682,881
Furniture Fixtures & Equipment 0 0 0 0 0 0 0 0 12,000 20,000 30,000 32,000 32,000 38,000 40,000 40,000 40,000 40,000 40,000 42,000 44,000 44,000 44,000 44,000 44,000 44,000 44,000 46,060 48,120 48,120 48,120 52,240 52,240 52,240 54,300 54,300 56,360 56,360 56,360 58,545 60,731 60,731 60,731 60,731 62,916 65,102 65,102 65,102 65,102 65,102 65,102 65,102
Leasehold Improvements 0 0 0 0 0 0 0 0 0 0 0 0 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 12,000 13,000 14,000 15,000 16,000 17,000 18,000 19,000 20,000 21,000 22,000 23,000 24,000 24,000 25,000 26,000 27,000 28,000 29,000 30,000 31,000 32,000 33,000 34,000 35,000 36,000 36,000
Computer Equipment 0 0 0 0 0 0 0 25,000 65,300 96,974 125,071 144,393 144,393 164,501 185,803 193,259 211,868 221,631 242,547 269,658 287,961 312,419 328,030 354,794 372,713 372,713 449,994 493,780 540,119 583,841 630,097 689,226 740,589 794,485 856,085 915,068 981,755 ######## 1,045,825 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 2,701,693
   accumulated depreciation 0 0 0 0 0 0 0 0 0 0 0 (54,531) (54,531) (65,817) (77,104) (88,390) (99,677) (110,963) (122,250) (133,536) (144,823) (156,109) (167,396) (178,682) (189,969) (189,969) (220,359) (250,749) (281,139) (311,529) (341,919) (372,309) (402,699) (433,089) (463,479) (493,869) (524,259) (554,649) (554,649) (631,381) (708,113) (784,845) (861,577) (938,309) ######## ######## ######## ######## ######## ######## ######## (1,467,412)
NET FIXED ASSETS 0 0 0 0 0 0 0 25,000 77,300 116,974 155,071 121,862 121,862 137,684 150,699 147,868 156,191 155,668 166,298 185,121 195,139 209,310 214,634 231,112 238,744 238,744 286,636 303,091 322,100 336,432 353,298 387,157 409,130 433,636 467,906 497,499 536,856 571,536 571,536 766,490 801,467 832,708 878,788 917,855 968,503 ######## ######## ######## ######## ######## ######## 1,335,383
TOTAL ASSETS 0 44,007 39,979 33,979 27,979 21,856 ######## ######## ######## ######## 996,222 889,162 889,162 828,235 815,916 851,480 935,924 ######## ######## ######## ######## ######## ######## ######## ######## 2,592,084 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 6,416,456 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 13,018,264
Accounts Payable 0 35,000 70,000 105,000 140,000 175,000 200,000 6,411 6,411 6,411 6,411 6,411 6,411 7,413 7,420 7,420 7,397 7,397 7,433 7,442 7,452 7,461 7,471 7,480 7,490 7,490 12,720 12,748 12,748 12,329 12,329 13,069 13,194 13,319 13,444 13,568 13,693 13,818 13,818 22,068 22,401 22,401 16,767 16,767 25,402 25,916 26,429 26,943 27,457 27,971 28,484 28,484
Lines of Credit 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Accrued Salaries & Expenses 0 11,507 13,479 13,479 13,479 11,581 11,647 17,468 33,993 58,272 74,752 81,617 81,617 85,554 91,098 95,597 100,209 104,856 116,323 116,089 122,091 142,564 131,437 136,127 166,074 166,074 146,195 154,963 175,502 186,948 204,673 237,617 224,843 233,379 278,959 252,279 262,135 321,153 321,153 300,632 304,101 311,697 319,323 326,934 376,667 345,151 352,785 412,574 368,075 375,731 448,094 448,094
TOTAL CURRENT LIABILITIES 0 46,507 83,479 118,479 153,479 186,581 211,647 23,879 40,404 64,683 81,163 88,028 88,028 92,967 98,518 103,017 107,606 112,254 123,756 123,531 129,543 150,026 138,908 143,607 173,564 173,564 158,915 167,711 188,250 199,277 217,001 250,687 238,037 246,698 292,403 265,848 275,829 334,971 334,971 322,700 326,502 334,098 336,090 343,701 402,069 371,066 379,214 439,517 395,531 403,701 476,578 476,578
Long Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Capital Leases 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
TOTAL LONG TERM LIABILITIES 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
TOTAL LIABILITIES 0 46,507 83,479 118,479 153,479 186,581 211,647 23,879 40,404 64,683 81,163 88,028 88,028 92,967 98,518 103,017 107,606 112,254 123,756 123,531 129,543