💰 Financial Update

Projected Runway until: May 2025 (-1 Month due to hiring)

June 2024:

• Projected June Burn Rate: $51,253
• Actual June Burn Rate: $29,641 ($21,612 under projected) - due to lower than expected lab expenses + outsourcing rather than purchasing expensive equipment

July 2024: Projected July Burn Rate: $33,321

💬 Asks

• Sweat Testing Participants - if you’re based in SF and would you be interested to try our sweat extractor, let us know! (email: [email protected])
• Lume Coaching Referrals - send them this link!

📈 Key metrics for May

• Team Wellbeing June Average: 8

  Week 1: 7.0

  Week 2: 8

  Week 3: 8.8

  Week 4: 8.2

• Customers Sleep Health Improved +2

• User Conversations: 180 (+48)

🚀 Highlights