This is the financial summary for Nevarro LLC in Q2 of 2024. I earned some commissions for students who started while I was managing the taekwondo school.
A total of $100.00 in revenue was generated, and $159.88 of expenses were incurred.
| Summary | |
|---|---|
| Revenue | $100.00 |
| Expenses | $159.88 |
| Equity | $1,804.79 |
At the end of the quarter, the total equity of Nevarro LLC was $1,849.88.
The equity breakdown is as follows:
| Assets | Liabilities | ||
|---|---|---|---|
| Bluevine Checking | $1,929.19 | Chase Credit Card | $79.31 |
| TOTAL | $2,024.42 | TOTAL | $79.31 |
This quarter, the burn rate was $54/mo. At this burn rate, Nevarro LLC has 34 months of runway. However, many of my subscriptions are due in Q1 and not as many are due in Q3, and I also redeemed some points on the business credit card, so this number is somewhat skewed.