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 ######## ######## ######## 900,454 721,044 599,161 599,161 496,806 438,965 453,291 513,653 640,143 787,128 993,830 ######## ######## ######## ######## ######## 1,840,227 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 5,599,713 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 14,003,272
Accounts Receivable 0 0 0 0 0 0 0 0 0 74,096 148,191 222,287 222,287 280,527 354,953 429,379 503,804 578,230 652,656 727,081 801,507 875,933 950,358 ######## ######## 1,099,210 875,887 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 2,498,682 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 3,241,815
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 ######## ######## ######## 974,549 869,235 821,448 821,448 777,333 793,918 882,670 ######## ######## ######## ######## ######## ######## ######## ######## ######## 2,939,437 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 8,098,395 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 17,245,087
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 ######## ######## ######## ######## ######## 943,310 943,310 915,017 944,618 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 3,178,181 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 8,669,931 ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## ######## 18,580,470
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 58,876 75,963 84,138 84,138 88,240 94,509 99,833 105,294 110,732 127,034 123,546 130,340 157,317 141,267 146,748 184,884 184,884 157,587 167,738 189,983 203,581 223,234 269,643 247,262 257,727 320,448 280,485 292,270 372,137 372,137 332,641 337,880 347,404 356,958 366,498 440,388 388,570 398,132 485,475 417,279 426,863 530,205 530,205
TOTAL CURRENT LIABILITIES 0 46,507 83,479 118,479 153,479 186,581 211,647 23,879 40,404 65,287 82,374 90,549 90,549 95,653 101,929 107,254 112,691 118,129 134,467 130,989 137,792 164,778 148,738 154,228 192,374 192,374 170,307 180,486 202,731 215,910 235,563 282,713 260,456 271,046 333,891 294,053 305,963 385,955 385,955 354,710 360,281 369,805 373,725 383,265 465,790 414,486 424,562 512,418 444,735 454,834 558,689 558,689
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 65,287 82,374 90,549 90,549 95,653 101,929 107,254 112,691 118,129 134,467 130,989 137,792 16