|
|
|
|
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|
|
|
|
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|
|
- |
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
|
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|
|
|
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|
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|
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|
|
|
|
|
|
|
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|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Statement
of Projected Cash Flow |
|
|
|
|
|
Statement
of Projected Cash Flow |
|
|
|
|
|
|
Confidence level |
|
|
|
|
10% |
|
|
|
Year 1 |
|
Year 2 |
|
Year 3 |
|
Year 4 |
|
Year 5 |
|
|
|
Period |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
|
Cash
Revenues |
|
|
|
|
|
|
Basic period |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
New Domains Registered - basic period |
150,000 |
|
|
|
|
|
|
|
|
|
|
|
Weighted Avg. Initial/basic Subscription Term 1 |
2.1 Years |
|
|
|
|
|
|
|
|
Sunrise Period Subscription Term (Only) |
3.2 Years |
|
|
|
|
|
|
|
|
|
Renewal Rate |
75% |
|
|
|
|
|
|
Weighted Avg. Renewal Term Following Initial Registration Period |
1.5 Years |
|
|
|
|
|
|
Registration Fee Per Domain Name Year |
$5.45 |
|
|
|
|
|
|
|
|
|
|
Registry back end Fee per Name |
$2.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Registration Period |
|
|
|
|
|
Sunrise IP Period |
Sunrise IP Period |
Quiet Period |
Initial Rollout |
Initial Rollout |
Initial Rollout |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
Basic |
|
|
Year |
|
|
|
1 |
1 |
1 |
1 |
1 |
1 |
2 |
2 |
2 |
2 |
2 |
2 |
2 |
2 |
2 |
2 |
2 |
2 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
4 |
4 |
4 |
4 |
4 |
4 |
4 |
4 |
4 |
4 |
4 |
4 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
|
|
Month |
|
|
|
7 |
8 |
9 |
10 |
11 |
12 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
|
|
|
|
|
|
|
|
|
Monthly Growth % |
|
|
|
- |
- |
- |
- |
- |
- |
- |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.01 |
0.01 |
0.01 |
0.01 |
0.01 |
0.01 |
|
|
|
|
|
|
|
|
|
|
New Registrations |
|
|
|
337,500 |
225,113 |
0 |
450,000 |
337,500 |
281,250 |
225,000 |
234,000 |
243,360 |
253,094 |
263,218 |
273,747 |
283,328 |
293,245 |
303,508 |
314,131 |
325,125 |
336,505 |
348,283 |
360,472 |
373,089 |
386,147 |
399,662 |
413,650 |
426,060 |
438,842 |
452,007 |
465,567 |
479,534 |
493,920 |
508,738 |
524,000 |
539,720 |
555,912 |
572,589 |
589,767 |
604,511 |
619,623 |
635,114 |
650,992 |
667,267 |
683,948 |
701,047 |
718,573 |
736,538 |
754,951 |
773,825 |
793,170 |
801,102 |
809,113 |
817,204 |
825,376 |
833,630 |
841,966 |
|
|
|
|
|
|
|
|
|
1st Renewal Period[1] |
|
|
|
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
337,500 |
253,125 |
210,938 |
168,750 |
175,500 |
182,520 |
189,821 |
197,414 |
205,310 |
465,621 |
388,768 |
227,631 |
235,598 |
243,844 |
252,379 |
261,212 |
270,354 |
279,817 |
289,610 |
299,747 |
310,238 |
319,545 |
329,131 |
339,005 |
349,175 |
359,651 |
370,440 |
|
|
|
|
|
|
|
|
|
2ed Renewal Period |
|
|
|
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
253,125 |
189,844 |
158,203 |
126,563 |
131,625 |
136,890 |
142,366 |
148,060 |
153,983 |
|
|
|
|
|
|
|
|
Sales + Renewals |
|
|
|
337,500 |
225,113 |
0 |
450,000 |
337,500 |
281,250 |
225,000 |
234,000 |
243,360 |
253,094 |
263,218 |
273,747 |
283,328 |
293,245 |
303,508 |
314,131 |
325,125 |
336,505 |
348,283 |
360,472 |
373,089 |
386,147 |
399,662 |
413,650 |
426,060 |
438,842 |
452,007 |
803,067 |
732,659 |
704,858 |
677,488 |
699,500 |
722,240 |
745,732 |
770,002 |
795,077 |
1,070,132 |
1,008,391 |
862,745 |
886,590 |
911,111 |
936,327 |
962,259 |
988,928 |
1,016,354 |
1,297,686 |
1,263,415 |
1,261,611 |
1,247,210 |
1,269,869 |
1,293,099 |
1,316,917 |
1,341,341 |
1,366,389 |
|
|
|
|
|
|
|
|
Cummulative Under
Management |
|
|
|
337,500 |
562,613 |
0 |
1,012,613 |
1,350,113 |
1,631,363 |
1,856,363 |
2,090,363 |
2,333,723 |
2,586,817 |
2,850,035 |
3,123,782 |
3,407,110 |
3,700,355 |
4,003,863 |
4,317,994 |
4,643,119 |
4,979,624 |
5,327,906 |
5,688,379 |
6,061,468 |
6,447,615 |
6,847,277 |
7,260,927 |
7,686,987 |
8,125,829 |
8,577,836 |
9,380,903 |
10,113,562 |
10,818,420 |
11,495,907 |
12,195,407 |
12,917,647 |
13,663,380 |
14,433,382 |
15,228,459 |
16,298,590 |
17,306,982 |
18,169,727 |
19,056,317 |
19,967,427 |
20,903,754 |
21,866,013 |
22,854,941 |
23,871,295 |
25,168,981 |
26,432,397 |
27,694,008 |
28,941,217 |
30,211,087 |
31,504,186 |
32,821,103 |
34,162,444 |
35,528,833 |
|
|
|
|
|
|
|
|
Cash from New Registrations + Renewals |
|
|
|
5,886,000 |
3,925,962 |
0 |
5,150,250 |
3,862,688 |
3,218,906 |
2,575,125 |
2,678,130 |
2,785,255 |
2,896,665 |
3,012,532 |
3,133,033 |
3,242,689 |
3,356,184 |
3,473,650 |
3,595,228 |
3,721,061 |
3,851,298 |
3,986,093 |
4,125,607 |
4,270,003 |
4,419,453 |
4,574,134 |
4,734,228 |
4,876,255 |
5,022,543 |
5,173,219 |
8,087,478 |
7,557,565 |
7,377,330 |
7,202,035 |
7,431,891 |
7,669,195 |
7,914,192 |
8,167,136 |
8,428,288 |
10,725,077 |
10,269,767 |
9,129,764 |
9,376,617 |
9,630,292 |
9,890,984 |
10,158,891 |
10,434,217 |
10,717,174 |
13,077,275 |
12,858,826 |
12,907,339 |
12,815,542 |
13,026,982 |
13,243,346 |
13,464,779 |
13,691,432 |
13,923,461 |
|
|
|
|
|
|
|
|
|
Registry Cash Expenses- Based
on fees paid to outsouced service providers and internal expenses |
|
|
2,160,000 |
1,440,720 |
0 |
1,890,000 |
1,417,500 |
1,181,250 |
945,000 |
982,800 |
1,022,112 |
1,062,996 |
1,105,516 |
1,149,737 |
1,189,978 |
1,231,627 |
1,274,734 |
1,319,350 |
1,365,527 |
1,413,320 |
1,462,787 |
1,513,984 |
1,566,974 |
1,621,818 |
1,678,581 |
1,737,332 |
1,789,451 |
1,843,135 |
1,898,429 |
3,372,882 |
3,077,168 |
2,960,402 |
2,845,449 |
2,937,900 |
3,033,408 |
3,132,076 |
3,234,010 |
3,339,322 |
4,494,553 |
4,235,243 |
3,623,529 |
3,723,678 |
3,826,665 |
3,932,573 |
4,041,488 |
4,153,496 |
4,268,688 |
5,450,282 |
5,306,344 |
5,298,767 |
5,238,280 |
5,333,451 |
5,431,018 |
5,531,052 |
5,633,632 |
5,738,834 |
|
|
|
|
|
|
|
|
Total
Registry Operational Cash |
|
|
3,726,000 |
2,485,242 |
0 |
3,260,250 |
2,445,188 |
2,037,656 |
1,630,125 |
1,695,330 |
1,763,143 |
1,833,669 |
1,907,016 |
1,983,296 |
2,052,712 |
2,124,557 |
2,198,916 |
2,275,878 |
2,355,534 |
2,437,978 |
2,523,307 |
2,611,623 |
2,703,029 |
2,797,635 |
2,895,553 |
2,996,897 |
3,086,804 |
3,179,408 |
3,274,790 |
4,714,596 |
4,480,397 |
4,416,928 |
4,356,586 |
4,493,992 |
4,635,788 |
4,782,117 |
4,933,125 |
5,088,966 |
6,230,523 |
6,034,524 |
5,506,235 |
5,652,939 |
5,803,627 |
5,958,411 |
6,117,403 |
6,280,721 |
6,448,486 |
7,626,993 |
7,552,482 |
7,608,572 |
7,577,262 |
7,693,531 |
7,812,328 |
7,933,726 |
8,057,800 |
8,184,627 |
|
|
|
|
|
|
|
|
|
|
|
|
Year 1 |
|
Year 2 |
|
Year 3 |
|
Year 4 |
|
Year 5 |
|
|
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
|
Expenses |
|
|
|
|
|
|
Systems
Development & Support |
|
|
|
|
Office outfitting including computers and networking |
|
6,000 |
10,000 |
16,000 |
12,000 |
8,000 |
2,000 |
- |
6,000 |
- |
- |
6,000 |
- |
- |
- |
- |
- |
- |
2,000 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
2,000 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Total Office outfitting including computers and networking |
|
6,000 |
10,000 |
16,000 |
12,000 |
8,000 |
2,000 |
- |
6,000 |
- |
- |
6,000 |
- |
- |
- |
- |
- |
- |
2,000 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
2,000 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
|
|
Customer
Service |
|
|
|
|
Labor |
|
- |
- |
3,646 |
21,771 |
33,333 |
36,042 |
36,042 |
42,396 |
42,396 |
42,396 |
48,750 |
112,813 |
50,944 |
50,944 |
50,944 |
50,944 |
50,944 |
50,944 |
50,944 |
50,944 |
50,944 |
50,944 |
50,944 |
115,006 |
53,236 |
53,236 |
53,236 |
53,236 |
53,236 |
53,236 |
53,236 |
53,236 |
53,236 |
53,236 |
53,236 |
117,299 |
55,632 |
55,632 |
55,632 |
55,632 |
55,632 |
55,632 |
55,632 |
55,632 |
55,632 |
55,632 |
55,632 |
119,694 |
58,135 |
58,135 |
58,135 |
58,135 |
58,135 |
58,135 |
58,135 |
58,135 |
58,135 |
58,135 |
58,135 |
122,198 |
|
|
Other Customer Service |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Customer Service |
|
- |
- |
3,646 |
21,771 |
33,333 |
36,042 |
36,042 |
42,396 |
42,396 |
42,396 |
48,750 |
112,813 |
50,944 |
50,944 |
50,944 |
50,944 |
50,944 |
50,944 |
50,944 |
50,944 |
50,944 |
50,944 |
50,944 |
115,006 |
53,236 |
53,236 |
53,236 |
53,236 |
53,236 |
53,236 |
53,236 |
53,236 |
53,236 |
53,236 |
53,236 |
117,299 |
55,632 |
55,632 |
55,632 |
55,632 |
55,632 |
55,632 |
55,632 |
55,632 |
55,632 |
55,632 |
55,632 |
119,694 |
58,135 |
58,135 |
58,135 |
58,135 |
58,135 |
58,135 |
58,135 |
58,135 |
58,135 |
58,135 |
58,135 |
122,198 |
|
|
|
|
Marketing
& Sales |
|
|
|
|
Labor |
|
- |
- |
20,625 |
20,625 |
20,625 |
20,625 |
20,625 |
28,438 |
28,438 |
28,438 |
36,250 |
85,688 |
37,881 |
37,881 |
37,881 |
37,881 |
37,881 |
37,881 |
37,881 |
37,881 |
37,881 |
37,881 |
37,881 |
87,319 |
39,586 |
39,586 |
39,586 |
39,586 |
39,586 |
39,586 |
39,586 |
39,586 |
39,586 |
39,586 |
39,586 |
89,023 |
41,367 |
41,367 |
41,367 |
41,367 |
41,367 |
41,367 |
41,367 |
41,367 |
41,367 |
41,367 |
41,367 |
90,805 |
43,229 |
43,229 |
43,229 |
43,229 |
43,229 |
43,229 |
43,229 |
43,229 |
43,229 |
43,229 |
43,229 |
92,666 |
|
|
Media |
|
- |
- |
- |
- |
- |
- |
337,500 |
225,113 |
- |
450,000 |
337,500 |
281,250 |
225,000 |
234,000 |
243,360 |
253,094 |
263,218 |
273,747 |
283,328 |
293,245 |
303,508 |
314,131 |
325,125 |
336,505 |
348,283 |
360,472 |
373,089 |
386,147 |
399,662 |
413,650 |
426,060 |
438,842 |
452,007 |
803,067 |
732,659 |
704,858 |
677,488 |
699,500 |
722,240 |
745,732 |
770,002 |
795,077 |
1,070,132 |
1,008,391 |
862,745 |
886,590 |
911,111 |
936,327 |
962,259 |
988,928 |
1,016,354 |
1,297,686 |
1,263,415 |
1,261,611 |
1,247,210 |
1,269,869 |
1,293,099 |
1,316,917 |
1,341,341 |
1,366,389 |
|
|
Co-op Advertising |
|
- |
- |
- |
- |
- |
- |
84,375 |
56,278 |
- |
112,500 |
84,375 |
70,313 |
56,250 |
58,500 |
60,840 |
63,274 |
65,805 |
68,437 |
70,832 |
73,311 |
75,877 |
78,533 |
81,281 |
84,126 |
87,071 |
90,118 |
93,272 |
96,537 |
99,916 |
103,413 |
106,515 |
109,710 |
113,002 |
200,767 |
183,165 |
176,214 |
169,372 |
174,875 |
180,560 |
186,433 |
192,501 |
198,769 |
267,533 |
252,098 |
215,686 |
221,648 |
227,778 |
234,082 |
240,565 |
247,232 |
254,089 |
324,422 |
315,854 |
315,403 |
311,802 |
317,467 |
323,275 |
329,229 |
335,335 |
341,597 |
|
|
Production |
|
- |
- |
- |
- |
- |
- |
67,500 |
45,023 |
- |
90,000 |
67,500 |
56,250 |
45,000 |
46,800 |
48,672 |
50,619 |
52,644 |
54,749 |
56,666 |
58,649 |
60,702 |
62,826 |
65,025 |
67,301 |
69,657 |
72,094 |
74,618 |
77,229 |
79,932 |
82,730 |
85,212 |
87,768 |
90,401 |
160,613 |
146,532 |
140,972 |
135,498 |
139,900 |
144,448 |
149,146 |
154,000 |
159,015 |
214,026 |
201,678 |
172,549 |
177,318 |
182,222 |
187,265 |
192,452 |
197,786 |
203,271 |
259,537 |
252,683 |
252,322 |
249,442 |
253,974 |
258,620 |
263,383 |
268,268 |
273,278 |
|
|
Research |
|
- |
- |
- |
- |
- |
- |
33,750 |
22,511 |
- |
45,000 |
33,750 |
28,125 |
22,500 |
23,400 |
24,336 |
25,309 |
26,322 |
27,375 |
28,333 |
29,324 |
30,351 |
31,413 |
32,513 |
33,650 |
34,828 |
36,047 |
37,309 |
38,615 |
39,966 |
41,365 |
42,606 |
43,884 |
45,201 |
80,307 |
73,266 |
70,486 |
67,749 |
69,950 |
72,224 |
74,573 |
77,000 |
79,508 |
107,013 |
100,839 |
86,275 |
88,659 |
91,111 |
93,633 |
96,226 |
98,893 |
101,635 |
129,769 |
126,342 |
126,161 |
124,721 |
126,987 |
129,310 |
131,692 |
134,134 |
136,639 |
|
|
Agency Fee |
|
- |
- |
- |
- |
25,000 |
50,000 |
67,500 |
45,023 |
- |
90,000 |
67,500 |
56,250 |
45,000 |
46,800 |
48,672 |
50,619 |
52,644 |
54,749 |
56,666 |
58,649 |
60,702 |
62,826 |
65,025 |
67,301 |
69,657 |
72,094 |
74,618 |
77,229 |
79,932 |
82,730 |
85,212 |
87,768 |
90,401 |
160,613 |
146,532 |
140,972 |
135,498 |
139,900 |
144,448 |
149,146 |
154,000 |
159,015 |
214,026 |
201,678 |
172,549 |
177,318 |
182,222 |
187,265 |
192,452 |
197,786 |
203,271 |
259,537 |
252,683 |
252,322 |
249,442 |
253,974 |
258,620 |
263,383 |
268,268 |
273,278 |
|
|
Public Relations |
|
- |
- |
- |
- |
25,000 |
50,000 |
168,750 |
112,556 |
300,000 |
225,000 |
168,750 |
140,625 |
112,500 |
117,000 |
121,680 |
126,547 |
131,609 |
136,873 |
141,664 |
146,622 |
151,754 |
157,065 |
162,563 |
168,252 |
174,141 |
180,236 |
186,544 |
193,074 |
199,831 |
206,825 |
213,030 |
219,421 |
226,003 |
401,534 |
366,330 |
352,429 |
338,744 |
349,750 |
361,120 |
372,866 |
385,001 |
397,538 |
535,066 |
504,196 |
431,373 |
443,295 |
455,555 |
468,163 |
481,129 |
494,464 |
508,177 |
648,843 |
631,708 |
630,806 |
623,605 |
634,935 |
646,550 |
658,459 |
670,670 |
683,195 |
|
|
Total Marketing & Sales |
|
- |
- |
20,625 |
20,625 |
70,625 |
120,625 |
780,000 |
534,941 |
328,438 |
1,040,938 |
795,625 |
718,500 |
544,131 |
564,381 |
585,441 |
607,344 |
630,122 |
653,812 |
675,369 |
697,681 |
720,774 |
744,676 |
769,414 |
844,455 |
823,222 |
850,649 |
879,036 |
908,417 |
938,826 |
970,299 |
998,221 |
1,026,980 |
1,056,601 |
1,846,487 |
1,688,069 |
1,674,953 |
1,565,715 |
1,615,242 |
1,666,407 |
1,719,265 |
1,773,873 |
1,830,290 |
2,449,164 |
2,310,247 |
1,982,544 |
2,036,195 |
2,091,366 |
2,197,540 |
2,208,311 |
2,268,316 |
2,330,026 |
2,963,023 |
2,885,913 |
2,881,854 |
2,849,450 |
2,900,435 |
2,952,703 |
3,006,293 |
3,061,246 |
3,167,042 |
|
|
|
|
|
|
General
& Administrative |
|
|
|
|
|
|
Labor |
|
28,125 |
38,229 |
55,313 |
64,896 |
68,438 |
68,438 |
68,438 |
68,438 |
68,438 |
68,438 |
68,438 |
164,313 |
71,517 |
71,517 |
71,517 |
71,517 |
71,517 |
71,517 |
71,517 |
71,517 |
71,517 |
71,517 |
71,517 |
167,392 |
74,735 |
74,735 |
74,735 |
74,735 |
74,735 |
74,735 |
74,735 |
74,735 |
74,735 |
74,735 |
74,735 |
170,610 |
78,099 |
78,099 |
78,099 |
78,099 |
78,099 |
78,099 |
78,099 |
78,099 |
78,099 |
78,099 |
78,099 |
173,974 |
81,613 |
81,613 |
81,613 |
81,613 |
81,613 |
81,613 |
81,613 |
81,613 |
81,613 |
81,613 |
81,613 |
177,488 |
|
|
Rent |
|
1,407 |
3,752 |
7,504 |
10,318 |
12,194 |
12,663 |
12,663 |
14,070 |
14,070 |
14,070 |
15,477 |
15,477 |
15,477 |
15,477 |
15,477 |
15,477 |
15,477 |
15,946 |
15,946 |
15,946 |
15,946 |
15,946 |
15,946 |
15,946 |
15,946 |
15,946 |
15,946 |
15,946 |
15,946 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
16,415 |
|
|
Telecommunications |
|
12,125 |
12,334 |
12,669 |
12,920 |
13,087 |
13,129 |
13,129 |
13,254 |
13,254 |
13,254 |
13,379 |
13,379 |
13,379 |
13,379 |
13,379 |
13,379 |
13,379 |
13,421 |
13,421 |
13,421 |
13,421 |
13,421 |
13,421 |
13,421 |
13,421 |
13,421 |
13,421 |
13,421 |
13,421 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
13,463 |
|
|
Materials & Supplies |
|
|
|
570 |
1,520 |
3,040 |
4,180 |
4,940 |
5,130 |
5,130 |
5,700 |
5,700 |
5,700 |
6,270 |
6,270 |
6,521 |
6,521 |
6,521 |
6,521 |
6,521 |
6,718 |
6,718 |
6,718 |
6,718 |
6,718 |
6,718 |
6,718 |
6,987 |
6,987 |
6,987 |
6,987 |
6,987 |
7,193 |
7,193 |
7,193 |
7,193 |
7,193 |
7,193 |
7,193 |
7,480 |
7,480 |
7,480 |
7,480 |
7,480 |
7,480 |
7,480 |
7,480 |
7,480 |
7,480 |
7,480 |
7,480 |
7,780 |
7,780 |
7,780 |
7,780 |
7,780 |
7,780 |
7,780 |
7,780 |
7,780 |
7,780 |
7,780 |
7,780 |
|
|
Travel & Entertainment |
|
|
|
50,000 |
50,000 |
50,000 |
50,000 |
50,000 |
50,000 |
50,000 |
50,000 |
50,000 |
50,000 |
50,000 |
50,000 |
52,500 |
52,500 |
52,500 |
52,500 |
52,500 |
52,500 |
52,500 |
52,500 |
52,500 |
52,500 |
52,500 |
52,500 |
55,125 |
55,125 |
55,125 |
55,125 |
55,125 |
55,125 |
55,125 |
55,125 |
55,125 |
55,125 |
55,125 |
55,125 |
57,881 |
57,881 |
57,881 |
57,881 |
57,881 |
57,881 |
57,881 |
57,881 |
57,881 |
57,881 |
57,881 |
57,881 |
60,775 |
60,775 |
60,775 |
60,775 |
60,775 |
60,775 |
60,775 |
60,775 |
60,775 |
60,775 |
60,775 |
60,775 |
|
|
Seminars & Conferences |
|
|
|
12,800 |
12,800 |
12,800 |
12,800 |
12,800 |
12,800 |
12,800 |
12,800 |
12,800 |
12,800 |
12,800 |
12,800 |
13,312 |
13,312 |
13,312 |
13,312 |
13,312 |
13,312 |
13,312 |
13,312 |
13,312 |
13,312 |
13,312 |
13,312 |
13,844 |
13,844 |
13,844 |
13,844 |
13,844 |
13,844 |
13,844 |
13,844 |
13,844 |
13,844 |
13,844 |
13,844 |
14,398 |
14,398 |
14,398 |
14,398 |
14,398 |
14,398 |
14,398 |
14,398 |
14,398 |
14,398 |
14,398 |
14,398 |
14,974 |
14,974 |
14,974 |
14,974 |
14,974 |
14,974 |
14,974 |
14,974 |
14,974 |
14,974 |
14,974 |
14,974 |
|
|
Insurance |
|
|
|
5,000 |
5,000 |
5,000 |
5,000 |
5,000 |
5,000 |
5,000 |
5,000 |
5,000 |
5,000 |
5,000 |
5,000 |
5,200 |
5,200 |
5,200 |
5,200 |
5,200 |
5,200 |
5,200 |
5,200 |
5,200 |
5,200 |
5,200 |
5,200 |
5,408 |
5,408 |
5,408 |
5,408 |
5,408 |
5,408 |
5,408 |
5,408 |
5,408 |
5,408 |
5,408 |
5,408 |
5,624 |
5,624 |
5,624 |
5,624 |
5,624 |
5,624 |
5,624 |
5,624 |
5,624 |
5,624 |
5,624 |
5,624 |
5,849 |
5,849 |
5,849 |
5,849 |
5,849 |
5,849 |
5,849 |
5,849 |
5,849 |
5,849 |
5,849 |
5,849 |
|
|
Facility Maintenance & Other |
|
|
|
- |
4,200 |
4,200 |
4,200 |
4,200 |
4,200 |
4,200 |
4,200 |
4,200 |
4,200 |
4,200 |
4,200 |
4,368 |
4,368 |
4,368 |
4,368 |
4,368 |
4,368 |
4,368 |
4,368 |
4,368 |
4,368 |
4,368 |
4,368 |
4,543 |
4,543 |
4,543 |
4,543 |
4,543 |
4,543 |
4,543 |
4,543 |
4,543 |
4,543 |
4,543 |
4,543 |
4,724 |
4,724 |
4,724 |
4,724 |
4,724 |
4,724 |
4,724 |
4,724 |
4,724 |
4,724 |
4,724 |
4,724 |
4,913 |
4,913 |
4,913 |
4,913 |
4,913 |
4,913 |
4,913 |
4,913 |
4,913 |
4,913 |
4,913 |
4,913 |
|
|
Legal Services |
|
|
|
6,000 |
6,024 |
6,048 |
6,072 |
6,097 |
6,121 |
6,145 |
6,170 |
6,195 |
6,219 |
6,244 |
6,269 |
6,294 |
6,320 |
6,345 |
6,370 |
6,396 |
6,421 |
6,447 |
6,473 |
6,499 |
6,525 |
6,551 |
6,577 |
6,603 |
6,630 |
6,656 |
6,683 |
6,710 |
6,736 |
6,763 |
6,790 |
6,818 |
6,845 |
6,872 |
6,900 |
6,927 |
6,955 |
6,983 |
7,011 |
7,039 |
7,067 |
7,095 |
7,124 |
7,152 |
7,181 |
7,209 |
7,238 |
7,267 |
7,296 |
7,325 |
7,355 |
7,384 |
7,414 |
7,443 |
7,473 |
7,503 |
7,533 |
7,563 |
7,593 |
|
|
Financial & Accounting Services |
|
|
|
5,800 |
5,823 |
5,846 |
5,870 |
5,893 |
5,917 |
5,941 |
5,964 |
5,988 |
6,012 |
6,036 |
6,060 |
6,085 |
6,109 |
6,133 |
6,158 |
6,183 |
6,207 |
6,232 |
6,257 |
6,282 |
6,307 |
6,332 |
6,358 |
6,383 |
6,409 |
6,434 |
6,460 |
6,486 |
6,512 |
6,538 |
6,564 |
6,590 |
6,617 |
6,643 |
6,670 |
6,696 |
6,723 |
6,750 |
6,777 |
6,804 |
6,831 |
6,859 |
6,886 |
6,914 |
6,941 |
6,969 |
6,997 |
7,025 |
7,053 |
7,081 |
7,110 |
7,138 |
7,167 |
7,195 |
7,224 |
7,253 |
7,282 |
7,311 |
7,340 |
|
|
Other Outside Services |
|
|
|
2,700 |
2,711 |
2,722 |
2,733 |
2,743 |
2,754 |
2,765 |
2,777 |
2,788 |
2,799 |
2,810 |
2,821 |
2,832 |
2,844 |
2,855 |
2,867 |
2,878 |
2,890 |
2,901 |
2,913 |
2,924 |
2,936 |
2,948 |
2,960 |
2,971 |
2,983 |
2,995 |
3,007 |
3,019 |
3,031 |
3,044 |
3,056 |
3,068 |
3,080 |
3,093 |
3,105 |
3,117 |
3,130 |
3,142 |
3,155 |
3,167 |
3,180 |
3,193 |
3,206 |
3,218 |
3,231 |
3,244 |
3,257 |
3,270 |
3,283 |
3,296 |
3,310 |
3,323 |
3,336 |
3,350 |
3,363 |
3,376 |
3,390 |
3,403 |
3,417 |
|
|
Trademark Review |
|
|
|
- |
- |
- |
- |
- |
- |
7,875 |
5,253 |
- |
10,500 |
7,875 |
6,563 |
5,250 |
5,408 |
5,570 |
5,737 |
5,909 |
6,086 |
6,238 |
6,394 |
6,554 |
6,718 |
6,886 |
7,058 |
7,235 |
7,415 |
7,601 |
7,791 |
7,986 |
8,185 |
8,349 |
8,516 |
8,686 |
16,735 |
14,943 |
14,140 |
13,340 |
13,646 |
13,959 |
14,280 |
14,609 |
14,946 |
21,122 |
19,430 |
15,771 |
16,056 |
16,348 |
16,644 |
16,947 |
17,256 |
17,570 |
23,797 |
22,647 |
22,242 |
21,688 |
21,965 |
22,246 |
22,534 |
22,827 |
23,126 |
|
|
Site Hosting, Connectivity, and Devel. & Maint. |
|
|
|
- |
- |
- |
4,750 |
4,750 |
4,750 |
4,750 |
4,750 |
4,750 |
4,750 |
4,750 |
4,750 |
4,940 |
4,940 |
4,940 |
4,940 |
4,940 |
4,940 |
4,940 |
4,940 |
4,940 |
4,940 |
4,940 |
4,940 |
5,138 |
5,138 |
5,138 |
5,138 |
5,138 |
5,138 |
5,138 |
5,138 |
5,138 |
5,138 |
5,138 |
5,138 |
5,343 |
5,343 |
5,343 |
5,343 |
5,343 |
5,343 |
5,343 |
5,343 |
5,343 |
5,343 |
5,343 |
5,343 |
5,557 |
5,557 |
5,557 |
5,557 |
5,557 |
5,557 |
5,557 |
5,557 |
5,557 |
5,557 |
5,557 |
5,557 |
|
|
Other General & Administrative |
|
|
|
7,800 |
8,300 |
11,500 |
12,100 |
12,500 |
12,600 |
12,600 |
12,900 |
12,900 |
12,900 |
13,200 |
13,200 |
13,596 |
13,596 |
13,596 |
13,596 |
13,596 |
13,696 |
13,696 |
13,696 |
13,696 |
13,696 |
13,696 |
13,696 |
14,108 |
14,108 |
14,108 |
14,108 |
14,108 |
14,208 |
14,208 |
14,208 |
14,208 |
14,208 |
14,208 |
14,208 |
14,636 |
14,636 |
14,636 |
14,636 |
14,636 |
14,636 |
14,636 |
14,636 |
14,636 |
14,636 |
14,636 |
14,636 |
13,400 |
13,400 |
13,400 |
13,400 |
13,400 |
13,400 |
13,400 |
13,400 |
13,400 |
13,400 |
13,400 |
13,400 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total G&A |
|
132,327 |
150,694 |
176,642 |
195,838 |
202,642 |
203,501 |
211,436 |
211,275 |
206,082 |
216,642 |
216,479 |
311,102 |
221,272 |
221,490 |
221,714 |
221,942 |
222,176 |
223,223 |
223,437 |
223,656 |
223,878 |
224,105 |
224,336 |
320,446 |
232,448 |
232,693 |
232,942 |
233,196 |
233,456 |
234,537 |
234,765 |
234,998 |
235,234 |
243,348 |
241,623 |
336,761 |
248,145 |
248,518 |
248,899 |
249,288 |
249,684 |
250,088 |
256,333 |
254,710 |
251,119 |
251,474 |
251,835 |
348,076 |
259,249 |
259,628 |
260,013 |
266,310 |
265,232 |
264,898 |
264,416 |
264,764 |
265,118 |
265,478 |
265,844 |
362,091 |
|
|
|
|
Total
Expenses |
|
138,327 |
160,694 |
216,912 |
250,234 |
314,600 |
362,168 |
1,027,477 |
794,611 |
576,915 |
1,299,975 |
1,066,854 |
1,142,415 |
816,347 |
836,815 |
858,099 |
880,229 |
903,242 |
929,979 |
949,750 |
972,281 |
995,596 |
1,019,724 |
1,044,693 |
1,279,907 |
1,108,906 |
1,136,578 |
1,165,214 |
1,194,849 |
1,225,518 |
1,260,072 |
1,286,222 |
1,315,214 |
1,345,072 |
2,143,072 |
1,982,928 |
2,129,013 |
1,869,492 |
1,919,392 |
1,970,938 |
2,024,184 |
2,079,189 |
2,136,010 |
2,761,128 |
2,620,589 |
2,289,295 |
2,343,301 |
2,398,833 |
2,665,311 |
2,525,696 |
2,586,079 |
2,648,174 |
3,287,469 |
3,209,280 |
3,204,888 |
3,172,002 |
3,223,335 |
3,275,956 |
3,329,906 |
3,385,225 |
3,651,331 |
|
|
|
|
|
|
|
|
|
|
|
gTLD CONSORTIUM |
gTLD CONSORTIUM |
gTLD CONSORTIUM |
gTLD CONSORTIUM |
gTLD CONSORTIUM |
|
|
Cash |
Cash |
Cash |
Cash |
Cash |
|
|
|
|
|
|
|
|
|
|
|
|
CASH |
|
|
|
|
|
|
|
|
|
|
|
Period |
|
Year 1 Month 1 |
Year 1 Month 2 |
Year 1 Month 3 |
Year 1 Month 4 |
Year 1 Month 5 |
Year 1 Month 6 |
Year 1 Month 7 |
Year 1 Month 8 |
Year 1 Month 9 |
Year 1 Month 10 |
Year 1 Month 11 |
Year 1 Month 12 |
Year 2 Month 1 |
Year 2 Month 2 |
Year 2 Month 3 |
Year 2 Month 4 |
Year 2 Month 5 |
Year 2 Month 6 |
Year 2 Month 7 |
Year 2 Month 8 |
Year 2 Month 9 |
Year 2 Month 10 |
Year 2 Month 11 |
Year 2 Month 12 |
Year 3 Month 1 |
Year 3 Month 2 |
Year 3 Month 3 |
Year 3 Month 4 |
Year 3 Month 5 |
Year 3 Month 6 |
Year 3 Month 7 |
Year 3 Month 8 |
Year 3 Month 9 |
Year 3 Month 10 |
Year 3 Month 11 |
Year 3 Month 12 |
Year 4 Month 1 |
Year 4 Month 2 |
Year 4 Month 3 |
Year 4 Month 4 |
Year 4 Month 5 |
Year 4 Month 6 |
Year 4 Month 7 |
Year 4 Month 8 |
Year 4 Month 9 |
Year 4 Month 10 |
Year 4 Month 11 |
Year 4 Month 12 |
Year 5 Month 1 |
Year 5 Month 2 |
Year 5 Month 3 |
Year 5 Month 4 |
Year 5 Month 5 |
Year 5 Month 6 |
Year 5 Month 7 |
Year 5 Month 8 |
Year 5 Month 9 |
Year 5 Month 10 |
Year 5 Month 11 |
Year 5 Month 12 |
|
|
|
|
Cash Sales |
|
|
|
|
|
|
|
Registration Revenue (Cash) |
|
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
|
|
|
|
|
|
Cash Outlays |
|
|
|
|
|
|
Capital Expenditures |
|
(185,000) |
(334,000) |
(74,000) |
(28,000) |
(28,000) |
- |
- |
- |
(21,000) |
- |
- |
- |
- |
- |
(3,500) |
(17,000) |
- |
(50,000) |
- |
- |
- |
- |
(300,000) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
(100,000) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
(100,000) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Core Registry Fee (Cash) |
|
- |
- |
- |
- |
- |
- |
(2,160,000) |
(1,440,720) |
- |
(1,890,000) |
(1,417,500) |
(1,181,250) |
(945,000) |
(982,800) |
(1,022,112) |
(1,062,996) |
(1,105,516) |
(1,149,737) |
(1,189,978) |
(1,231,627) |
(1,274,734) |
(1,319,350) |
(1,365,527) |
(1,413,320) |
(1,462,787) |
(1,513,984) |
(1,566,974) |
(1,621,818) |
(1,678,581) |
(1,737,332) |
(1,789,451) |
(1,843,135) |
(1,898,429) |
(3,372,882) |
(3,077,168) |
(2,960,402) |
(2,845,449) |
(2,937,900) |
(3,033,408) |
(3,132,076) |
(3,234,010) |
(3,339,322) |
(4,494,553) |
(4,235,243) |
(3,623,529) |
(3,723,678) |
(3,826,665) |
(3,932,573) |
(4,041,488) |
(4,153,496) |
(4,268,688) |
(5,450,282) |
(5,306,344) |
(5,298,767) |
(5,238,280) |
(5,333,451) |
(5,431,018) |
(5,531,052) |
(5,633,632) |
(5,738,834) |
|
|
Systems Development & Support |
|
(6,000) |
(10,000) |
(16,000) |
(12,000) |
(8,000) |
(2,000) |
- |
(6,000) |
- |
- |
(6,000) |
- |
- |
- |
- |
- |
- |
(2,000) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
(2,000) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Customer Service |
|
- |
- |
(3,646) |
(21,771) |
(33,333) |
(36,042) |
(36,042) |
(42,396) |
(42,396) |
(42,396) |
(48,750) |
(112,813) |
(50,944) |
(50,944) |
(50,944) |
(50,944) |
(50,944) |
(50,944) |
(50,944) |
(50,944) |
(50,944) |
(50,944) |
(50,944) |
(115,006) |
(53,236) |
(53,236) |
(53,236) |
(53,236) |
(53,236) |
(53,236) |
(53,236) |
(53,236) |
(53,236) |
(53,236) |
(53,236) |
(117,299) |
(55,632) |
(55,632) |
(55,632) |
(55,632) |
(55,632) |
(55,632) |
(55,632) |
(55,632) |
(55,632) |
(55,632) |
(55,632) |
(119,694) |
(58,135) |
(58,135) |
(58,135) |
(58,135) |
(58,135) |
(58,135) |
(58,135) |
(58,135) |
(58,135) |
(58,135) |
(58,135) |
(122,198) |
|
|
Marketing |
|
- |
- |
(20,625) |
(20,625) |
(70,625) |
(120,625) |
(780,000) |
(534,941) |
(328,438) |
(1,040,938) |
(795,625) |
(718,500) |
(544,131) |
(564,381) |
(585,441) |
(607,344) |
(630,122) |
(653,812) |
(675,369) |
(697,681) |
(720,774) |
(744,676) |
(769,414) |
(844,455) |
(823,222) |
(850,649) |
(879,036) |
(908,417) |
(938,826) |
(970,299) |
(998,221) |
(1,026,980) |
(1,056,601) |
(1,846,487) |
(1,688,069) |
(1,674,953) |
(1,565,715) |
(1,615,242) |
(1,666,407) |
(1,719,265) |
(1,773,873) |
(1,830,290) |
(2,449,164) |
(2,310,247) |
(1,982,544) |
(2,036,195) |
(2,091,366) |
(2,197,540) |
(2,208,311) |
(2,268,316) |
(2,330,026) |
(2,963,023) |
(2,885,913) |
(2,881,854) |
(2,849,450) |
(2,900,435) |
(2,952,703) |
(3,006,293) |
(3,061,246) |
(3,167,042) |
|
|
G&A |
|
(132,327) |
(150,694) |
(176,642) |
(195,838) |
(202,642) |
(203,501) |
(211,436) |
(211,275) |
(206,082) |
(216,642) |
(216,479) |
(311,102) |
(221,272) |
(221,490) |
(221,714) |
(221,942) |
(222,176) |
(223,223) |
(223,437) |
(223,656) |
(223,878) |
(224,105) |
(224,336) |
(320,446) |
(232,448) |
(232,693) |
(232,942) |
(233,196) |
(233,456) |
(234,537) |
(234,765) |
(234,998) |
(235,234) |
(243,348) |
(241,623) |
(336,761) |
(248,145) |
(248,518) |
(248,899) |
(249,288) |
(249,684) |
(250,088) |
(256,333) |
(254,710) |
(251,119) |
(251,474) |
(251,835) |
(348,076) |
(259,249) |
(259,628) |
(260,013) |
(266,310) |
(265,232) |
(264,898) |
(264,416) |
(264,764) |
(265,118) |
(265,478) |
(265,844) |
(362,091) |
|
|
R&D |
|
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
|
|
Total |
|
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
|
|
|
|
|
|
Interest* |
6% |
|
- |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
|
|
|
|
|
|
|
|
Rebates |
|
|
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Cash from Operating Before Taxes |
|
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
|
|
|
|
|
|
|
Equity Financing (Enter Number as a Positive) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Financing (Enter Number as a Positive) |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Disbursements (Enter Number as a Negative) |
|
|
|
|
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
|
|
|
|
|
|
|
Cumulative Cash Balance After
Disbursements |
|
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
#REF! |
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Debt Balance |
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- |
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- |
- |
- |
- |
- |
-
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- |
- |
- |
- |
- |
- |
- |
- |
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- |
- |
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- |
- |
- |
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- |
- |
- |
- |
- |
- |
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- |
- |
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- |
- |
- |
- |
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- |
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*Function as percent of
previous period Cash Balance After Debt & Equity Financing and
Disbursements Debt Balance. |
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Financing |
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Debt |
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Equity |
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Cash Balance |
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ST Investments |
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Cash |
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Year 1 |
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Year 2 |
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Year 3 |
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Year 4 |
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Year 5 |
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Period |
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1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
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Beginning
Cash Balance & Additional Cash |
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1,003,111 |
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Cash
from Registrations less associated operational costs |
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- |
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- |
3,726,000 |
2,485,242 |
- |
3,260,250 |
2,445,188 |
2,037,656 |
1,630,125 |
1,695,330 |
1,763,143 |
1,833,669 |
1,907,016 |
1,983,296 |
2,052,712 |
2,124,557 |
2,198,916 |
2,275,878 |
2,355,534 |
2,437,978 |
2,523,307 |
2,611,623 |
2,703,029 |
2,797,635 |
2,895,553 |
2,996,897 |
3,086,804 |
3,179,408 |
3,274,790 |
4,714,596 |
4,480,397 |
4,416,928 |
4,356,586 |
4,493,992 |
4,635,788 |
4,782,117 |
4,933,125 |
5,088,966 |
6,230,523 |
6,034,524 |
5,506,235 |
5,652,939 |
5,803,627 |
5,958,411 |
6,117,403 |
6,280,721 |
6,448,486 |
7,626,993 |
7,552,482 |
7,608,572 |
7,577,262 |
7,693,531 |
7,812,328 |
7,933,726 |
8,057,800 |
8,184,627 |
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Cash
Expenses |
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138,327 |
160,694 |
216,912 |
250,234 |
314,600 |
362,168 |
1,027,477 |
794,611 |
576,915 |
1,299,975 |
1,066,854 |
1,142,415 |
816,347 |
836,815 |
858,099 |
880,229 |
903,242 |
929,979 |
949,750 |
972,281 |
995,596 |
1,019,724 |
1,044,693 |
1,279,907 |
1,108,906 |
1,136,578 |
1,165,214 |
1,194,849 |
1,225,518 |
1,260,072 |
1,286,222 |
1,315,214 |
1,345,072 |
2,143,072 |
1,982,928 |
2,129,013 |
1,869,492 |
1,919,392 |
1,970,938 |
2,024,184 |
2,079,189 |
2,136,010 |
2,761,128 |
2,620,589 |
2,289,295 |
2,343,301 |
2,398,833 |
2,665,311 |
2,525,696 |
2,586,079 |
2,648,174 |
3,287,469 |
3,209,280 |
3,204,888 |
3,172,002 |
3,223,335 |
3,275,956 |
3,329,906 |
3,385,225 |
3,651,331 |
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Net
Increase/(Decrease) in Cash |
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(138,327) |
(160,694) |
(216,912) |
(250,234) |
(314,600) |
(362,168) |
2,698,523 |
1,690,631 |
(576,915) |
1,960,275 |
1,378,333 |
895,241 |
813,778 |
858,515 |
905,045 |
953,440 |
1,003,774 |
1,053,318 |
1,102,961 |
1,152,276 |
1,203,320 |
1,256,154 |
1,310,841 |
1,158,070 |
1,414,401 |
1,475,045 |
1,537,815 |
1,602,786 |
1,670,035 |
1,736,825 |
1,800,581 |
1,864,194 |
1,929,719 |
2,571,525 |
2,497,469 |
2,287,915 |
2,487,095 |
2,574,600 |
2,664,850 |
2,757,932 |
2,853,937 |
2,952,956 |
3,469,395 |
3,413,935 |
3,216,940 |
3,309,638 |
3,404,794 |
3,293,100 |
3,591,707 |
3,694,642 |
3,800,312 |
4,339,524 |
4,343,202 |
4,403,685 |
4,405,260 |
4,470,196 |
4,536,372 |
4,603,820 |
4,672,575 |
4,533,296 |
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Ending
Cash Balance |
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$864,784 |
$704,090
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$487,178
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$236,944
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($77,656) |
($439,824) |
$2,258,698
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$3,949,329
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$3,372,413
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$5,332,688
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$6,711,021
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$7,606,263
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$8,420,041
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$9,278,556
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$10,183,600
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$11,137,040
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$12,140,814
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$13,194,131
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$14,297,093
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$15,449,368
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$16,652,688
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$17,908,842
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$19,219,683
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$20,377,753
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$21,792,154
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$23,267,199
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$24,805,014
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$26,407,800
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$28,077,835
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$29,814,659
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$31,615,241
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$33,479,435
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$35,409,154
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$37,980,678
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$40,478,147
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$42,766,062
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$45,253,157
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$47,827,757
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$50,492,606
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$53,250,539
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$56,104,475
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$59,057,432
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$62,526,827
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$65,940,761
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$69,157,701
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$72,467,339
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$75,872,133
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$79,165,233
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$82,756,940
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$86,451,582
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$90,251,894
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$94,591,418
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$98,934,621
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$103,338,305
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$107,743,565
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$112,213,761
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$116,750,133
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$121,353,954
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$126,026,529
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$130,559,825
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