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2023-Q3.md

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Quarterly Report for Q3 2023

This is the financial summary for Nevarro LLC in Q3 of 2023. This quarter was a fairly quiet one with the primary costs being maintaining servers.

Equity

No revenue was generated, and $198.09 of expenses were incurred.

Summary
Revenue $0.00
Expenses $164.31
Equity $690.57

The total equity is down $190.57 since last quarter.

The equity breakdown is as follows:

Assets Liabilities
Bluevine Checking $767.26 Chase Credit Card $76.69
TOTAL $767.26 TOTAL $76.69

Runway Calculation

This quarter, the burn rate was $54/mo (this is off due to the accounting change in the middle of the quarter where Hetzner charges are listed with the month that they are posted). Using a more accurate estimate of $100/mo, Nevarro LLC has 7 months of runway.

Q3 Budget

In the coming three months, the server costs are estimated to stay stable at the September levels.

Line Item Amount
Hetzner ($65.00/mo) $195.00
Backblaze ($15.00/mo) $45.00
TOTAL $240.00